BW Communities

Articles for Banking & Finance

Just 3 Days Left To Link PAN With Aadhar To Avoid Paying Higher Taxes

Failing to do will also make your PAN card inoperative and you will be ineligible for a tax refund

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RBI’s Draft Regulations On Projects Finance To Have Minimal Impact On Banks & NBFCs: CareEdge Ratings

The implementation of the draft guidelines, if carried out in its current form, is anticipated to have limited impact on NBFCs excluding NBFC-IFCs as Tier 1 Capital is expected to reduce by up to 83 bps over 3 years.

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RBI Directs Money Changers To Avoid Piling-up Idle Foreign Currency Balances

Central bank norms allow full-fledged money changers to obtain their normal business requirements of foreign currency notes from other full-fledged money changers and authorised dealers in India

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Four European Union Banks Request RBI Approval For Third-party Transaction Model

Last month, the heads of four European banks met with top RBI officials.

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How Much Health Insurance Cover Do I Really Need?

How much health insurance you need will depend on a lot of factors, but being adequately covered is crucial as medical bills can otherwise wipe away your finances

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Insurance Sector's Financial Performance Strong Amid Natural Catastrophic Events: Icra

Industry gross direct premium income (GDPI) is likely to grow by 15.5 per cent in FY2025, supported by continued strong growth in the health segment

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LIC's Net Profit Increases By 2.5%, Announces Record Dividend For FY24

Earlier in the year, shareholders received an interim dividend of Rs 4 per share, resulting in a total payout of Rs 10 per share, which stands as the highest-ever dividend distributed by LIC

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Faced With RBI Audit, IIFL Finance Delays Board Meet For Earnings Release

In a regulatory filing to the stock exchanges, the financial services company said that the finalisation and the subsequent consideration and approval of the financial results for the quarter and year ended 31 March 2024, shall be extended beyond 30 May 2024.

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