PMC Bank crisis: Should you change your bank? Here's how to evaluate
The PMC Bank crisis has brought safety of bank deposits into focus, but does that fear warrant a bank change?
From January, banks cannot charge you for online NEFT transactions
The RBI has mandated all banks to stop charging savings account customers ...
Three years of demonetisation: Cash is king in 66% of real estate transactions
A majority of Indians continue to make a substantial percentag...
NSE makes pitch to FM, Sebi to cut securities transaction costs
To further expand markets, we need to further simplify them, said Vikram Limaye, MD and CEO.
Fall in small stock transactions, IPOs pulled down BSE revenue: Ashishkumar Chauhan
Next quarter onwards, IPOs, small stocks trading may pick up and StAR MF could start performing better.
Google, Walmart help drive India payments past 1 billion transactions
Indian digital payments took off when the govt pushed demonetization in 2016, invalidating most of the country’s high-value currency notes in to curb corruption and push Indians away from cash. UPI has now surpassed a 100 million users 3.5 years after its launch, thanks to booming smartphone use and wireless data rates among the lowest in the world.
India to see M&A deals worth $52 bn in 2019
A new report by Baker McKenzie has predicted India M&A to remain stable in the next few years, with private investments reviving against the backdrop of a more favourable business environment, despite global headwinds. IPOs' proceeds is forecasted to dip from USD 3.4 bn in 2019 to USD 2.7 bn in 2020, before picking up again in 2021 to USD 4.3 bn.
Trai defers implementation of new MNP rules indefinitely
TRAI said the earlier indicated timeline for the revised MNP process “cannot be adhered to due to some technical issues” at the telco and MNP service providers ends, which is why, “the implementation date needs to be postponed,” adding that the "exact data would be notified in due course”.
UPI hits 1 billion transactions in October, plans to go global
The payments platform hit the number in 3 years - the fastest adoption of a payments system.
Should I pay a transaction charge of Rs 100 on every mutual fund?
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Alternative investment returns monitor: For the week ending November 13, 2019
Here are the alternative investment options with their returns, for the week ending November 13, 2019. The proportion and purpose of these is vastly different.
Bank to pay you Rs 100 per day penalty for delay in transaction beyond these limits
RBI has issued a circular on TAT harmonisation and customer compensation in case of failed transactions.
‘Banks can’t recover money lost in fraud from customer’
As per SARFAESI Act, a bank can decide the liability and does not have to approach a court or tribunal to enforce any security interest created in its favour.
Death blow! CTT dries up F&O volumes by 60% in 6 years
The commodity market expanded 50 times in a span of five years to Rs 33.75L cr in 2007.
Rs 10.5 crore cash missing from PMC records: Bank's internal investigation team
A new revelation has added big twist to PMC fraud. The bank learned of the missing Rs 10.5 crore cash only while the internal inquiry into the bank's financial transactions was being conducted on the orders of an RBI-appointed administrator.
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