https://www.business-standard.com/finance/personal-finance/getting-a-credit-card-is-easy-but-closing-it-needs-a-checklist-of-tasks-124051601547_1.html Clipped from: https://www.business-standard.com/finance/personal-finance/getting-a-credit-card-is-easy-but-closing-it-needs-a-checklist-of-tasks-124051601547_1.html Get a confirmation letter from issuer confirming closure, ensure it says you have no dues A credit card’s value and rewards change
Category: RBI–Banks
Govt will receive 30% more dividend from public sector banks in FY24 – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/govt-will-receive-30-more-dividend-from-public-sector-banks-in-fy24/article68193528.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/govt-will-receive-30-more-dividend-from-public-sector-banks-in-fy24/article68193528.ece PSBs will pay dividends aggregating ₹18,013 crore to the government in FY24 against ₹13,804 crore in the preceding financial year The government
Why rate cuts remain elusive – The Hindu BusinessLine
https://www.thehindubusinessline.com/specials/current-account/why-rate-cuts-remain-elusive/article68193346.ece lipped from: https://www.thehindubusinessline.com/specials/current-account/why-rate-cuts-remain-elusive/article68193346.ece From elections to monsoons, a host of uncertainties impinge on the monetary policy committee’s next moves The monetary policy committee (MPC) of
Banks, NBFCs expand sales team amid digital clampdown – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/banks-nbfcs-expand-sales-team-amid-digital-clampdown/article68193471.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/banks-nbfcs-expand-sales-team-amid-digital-clampdown/article68193471.ece Focus shifts to Tier-2 and Tier-3 cities in retail lending and microfinance TeamLease Services, a staffing firm, has 10,000-13,000 such open positions
Banks’ CASA share slips up to 700 bps in FY24 amid deposit stress, term deposits surge – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/banks-casa-share-slips-up-to-700-bps-in-fy24-amid-deposit-stress-term-deposits-surge/article68146588.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/banks-casa-share-slips-up-to-700-bps-in-fy24-amid-deposit-stress-term-deposits-surge/article68146588.ece This is despite the fact that deposit rates have remained elevated through FY24 The share of current account (CA) and saving account
Only 3% women have access to external funding in small cities, finds study | Investment – Business Standard
https://www.business-standard.com/finance/investment/only-3-women-have-access-to-external-funding-in-small-cities-finds-study-124050201128_1.html Clipped from: https://www.business-standard.com/finance/investment/only-3-women-have-access-to-external-funding-in-small-cities-finds-study-124050201128_1.html The white paper was released at an event organised by Federation of Indian Chambers of Commerce & Industry (FICCI) here on Thursday
Bonds rally as US Federal Reserve says no plans for further rate hike | Economy & Policy News – Business Standard
https://www.business-standard.com/economy/news/bonds-rally-as-us-federal-reserve-says-no-plans-for-further-rate-hike-124050201041_1.html Clipped from: https://www.business-standard.com/economy/news/bonds-rally-as-us-federal-reserve-says-no-plans-for-further-rate-hike-124050201041_1.html The yield on the benchmark 10-year government bond fell by three basis points to settle at 7.16 per cent, against 7.19 per
Top 4 credit card issuers lose market share in FY24 – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/top-4-credit-card-issuers-lose-market-share-in-fy24/article68128902.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/top-4-credit-card-issuers-lose-market-share-in-fy24/article68128902.ece Net card additions at 1.6 crore during FY24 MUMBAI The top 4 credit card issuers of the country saw a decline in
RBI MPC member Ashima Goyal: As India develops, problem of high food inflation will get less severe – The Hindu
https://www.thehindu.com/business/Economy/as-india-develops-problem-of-high-food-inflation-will-get-less-severe-rbi-mpc-member-ashima-goyal/article68104884.ece Clipped from: https://www.thehindu.com/business/Economy/as-india-develops-problem-of-high-food-inflation-will-get-less-severe-rbi-mpc-member-ashima-goyal/article68104884.ece As the weight of food in consumption falls and food consumption itself becomes more diversified, the impact and size of future food
👍👍👍Not necessary to activate countercylical capital buffer now: RBI tells banks – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/not-necessary-to-activate-countercylical-capital-buffer-now-rbi-tells-banks/article68098920.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/not-necessary-to-activate-countercylical-capital-buffer-now-rbi-tells-banks/article68098920.ece By not activating this buffer, the RBI is ensuring that there are no hurdles in the flow of credit to the productive
Not necessary to activate countercylical capital buffer now: RBI tells banks – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/not-necessary-to-activate-countercylical-capital-buffer-now-rbi-tells-banks/article68098920.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/not-necessary-to-activate-countercylical-capital-buffer-now-rbi-tells-banks/article68098920.ece By not activating this buffer, the RBI is ensuring that there are no hurdles in the flow of credit to the productive
Travel, hospitality, entertainment comprised 33% of SBI Card’s spends in 9M FY24 – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/travel-hospitality-entertainment-comprised-33-of-sbi-cards-spends-in-9m-fy24/article68099209.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/travel-hospitality-entertainment-comprised-33-of-sbi-cards-spends-in-9m-fy24/article68099209.ece SBI Card tracks spending patterns, noting a rise in travel, including both business and leisure, reflecting societal trends and market expectations Travel,
👍👍👍👍👍RBI’s compiled master direction on ARCs to be effective from April 24 | News – Business Standard
https://www.business-standard.com/industry/news/rbi-s-compiled-master-direction-on-arcs-to-be-effective-from-april-24-124042400508_1.html Clipped from: https://www.business-standard.com/industry/news/rbi-s-compiled-master-direction-on-arcs-to-be-effective-from-april-24-124042400508_1.html ‘Non-complying ARC shall be subject to supervisory action,’ says regulator Photo: Bloomberg Listen to This Article The Reserve Bank of India (RBI)
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