This is a significant improvement over the previous system where there was a delay of one or two working days for the funds to be transferred
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It has now been decided to enhance the limit for tax payments through UPI from Rs 1 lakh to Rs 5 lakh per transaction
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Using a top-up loan for speculative investments can lead to considerable financial losses for borrowers thereby impacting their ability to repay the loan and risking a foreclosure
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The bank’s monthly transacting users (MTU) exceeded 88 million during the first quarter. The consumer deposits also grew to Rs 2,943 crore, registering a 53 per cent year-on-year (YoY) growth
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The bank loan write-off was highest during 2019-20 when the figure came in at Rs 2.34 lakh crore. In 2020-21, banks wrote off Rs 2.02 lakh crore which further came down to Rs 1.74 lakh crore in the following year
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Currently, NatWest Group employs approximately 17,000 people across its three centres in India, which include Gurugram and Chennai, with 2,000 employees based in Bengaluru
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Taking a comprehensive car insurance policy with appropriate add-ons can help you protect against various flood-related perils
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The trend continued with GNPA reducing to Rs 5,71,544 crore (GNPA ratio of 3.87 per cent) as of March 31, 2023, and Rs 4,80,687 crore (GNPA ratio of 2.75 per cent) by March 31, 2024 (provisional data)
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