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Articles for Banking & Finance

‘HDFC Bank is Investing a Fraction in Digital’

Parag Rao, Country Head – Card Payment Products, Merchant Acquiring Services & Marketing, HDFC Bank Ltd tells us about the Bank’s focus on digital, as another means to reach out to the customer

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Gross NPA Divergence At Rs 6,816 Crore By March 2016: IDBI Bank

As of March 31, 2016, the bank had reported gross non-performing assets (NPAs) or bad loans to the tune of Rs 24,875.07 crore, according to the bank's annual report for 2016-17.

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Nearly 67 Crore Bank Accounts Seeded With Aadhaar: IT Minister

Lauding the contribution of village level entrepreneurs in providing various services, Prasad noted that 22 crore Aadhaar enrollments had been done by the CSCs.

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SBI Waives Charge On IMPS Fund Transfer Of Up To Rs 1,000

State Bank of India had been charging Rs 5 along with the applicable service tax for IMPS fund transfer of up to Rs 1,000.

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WhatsApp To Partner With Banks To Enable Money Transfers

WhatsApp can now enter into a partnership with multiple banks which will allow users to transfer money instantly using the messaging app

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NFO’s Making A Comeback: Should You Go For Them?

The glory days of Mutual Fund NFO’s peaked during the heady bull run of 2007, which witnessed more than 50 new schemes getting launched within a single calendar year.

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Sovereign Gold Bonds 2017-18 - Series II Opens Today. Here Are 5 Good Reasons To Consider It

All things considered, SGB's provide investors with a secure, convenient, tax efficient and better return alternative to owning physical gold. If you're looking to fit gold into your portfolio, there's no reason why you shouldn't aim for the upper-limit ownership of 500 grams per fiscal year

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The Importance Of Term Insurance

Term Insurance is a pure risk transfer tool, and if there’s nobody who would get financially affected by the loss of your life, you don’t need it

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