ICICI Bank hikes FD interest rates by up to 40 bps

Following the rate hike trend, ICICI Bank has increased interest rates on fixed deposits (FDs) of…

Why rent agreements are mostly made for 11 months only?

to live on rent Tenants must enter a rent agreement With the landlord for a specified…

Can a property transferred via gift deed be taken back by the giver?

Generally, there are two ways to give your property or other assets to loved ones –…

India aims to imitate China, but not in the lend-by-app frenzy

There’s a lot about Beijing’s decades-old infrastructure advance and investment-led growth that India wants to emulate.…

Banks should be privatized gradually, changes in RBI paper

privatization of bank There should be a gradual process in the form of large-scale public sector…

Chartered accountants face investigation for alleged role in aiding Chinese loan apps

Institute Chartered accountant of India (ICAI) is investigating several Chartered Accountants (CAs) for their role in…

RBI cancels the license of Deccan Urban Co-operative Bank

reserve Bank of India Said on Thursday the license of Deccan Urban Co-operative Bank, Karnataka, has…

India’s NBFCs now in strong position, say RBI economists

Confidence in NBFCs seems to be strengthening as a study published in the latest RBI Bulletin…

Big borrowers return to the bank, help in credit growth

Large corporates have shifted their focus to banks to meet their funding requirements instead of raising…

RBI says ‘big-bang approach’ to privatize state-run banks will do more harm than good

India’s state-run banks have gained more market confidence in recent years and a big-bang approach to…