Finance

RBI Guidelines: Protect Yourself from Misconduct by Bank Recovery Agents

The Reserve Bank of India (RBI) has imposed a penalty of ₹1 crore on HDFC Bank due to the misuse of recovery agents and...

FATF’s Proposed Changes May Increase Costs for Banks and Credit Card

The Financial Action Task Force (FATF) is considering implementing new disclosure standards for cross-border online transactions, which could increase compliance costs for banks and...

Urgent Reminder: Last Chance to Pay Advance Tax Before Deadline

Taxpayers have 1 day left to make the second installment payment of advance tax for the financial year 2024-2025.The deadline is September 15, 2024.Failure...

IRDAI brings New Health Insurance Rules w.e.f Oct 1: Benefits for Policyholders

The Insurance Regulatory and Development Authority of India (IRDAI) has released a master circular to help policyholders better understand their rights.Many people have life...

ICICI Bank Revises Rules for Free Airport Lounge Access on Debit Cards Effective October 1

If you hold an ICICI Bank debit card and wish to enjoy complimentary airport lounge access during your air travels, it's important to be...

5 Superhit SBI Schemes to Grow Your Wealth in Just 400 Days

The State Bank of India (SBI) has introduced several attractive fixed deposit (FD) schemes to help customers increase their savings efficiently.Among these, the new...

Home Loan Tips for Those Over 40: 5 Strategies to Avoid Financial Strain

If you're planning to take a home loan at the age of 40 or above, it's crucial to follow certain strategies to ensure that...

RBI Slaps Fines on Three Financial Entities for Rule Violations

The Reserve Bank of India (RBI) has imposed penalties on three entities, including the Housing and Urban Development Corporation, for not following certain regulations...

Changes to Public Provident Fund (PPF) Rules

The Public Provident Fund (PPF) is a popular investment for securing one's future and planning for retirement.Recently, the rules for PPF accounts have been...

Govt Introduces New Rules for Public Provident Fund, Effective October 1

The government has recently revised the rules governing the Public Provident Fund (PPF).These changes will affect PPF accounts opened in the name of minors,...

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