Senior Citizens’ Savings Scheme: Who can invest, how to open SCSS account

Senior Citizen Savings Scheme (SCSS) is a retirement savings scheme specially designed for senior citizens, who…

IndusInd Bank to be a big bank with balance sheet of `5 lakh crore in 5 years

private lender indusind bankThe balance sheet will cross ₹5 lakh crore in the next five years,…

Medi Assist to get Medvantage Insurance TPA

Kolkata: Medi AssistThe country’s premier health insurance is set to acquire 100% stake in Third Party…

Piramal, Zurich Insurance may make joint bid for Reliance General Insurance

Piramal group and Zurich Insurance plan to form a joint venture for acquisition Reliance General Insurancea…

Medi Assist set to acquire 100% stake in Mumbai-based Medvantage Insurance TPA Pvt Ltd

Medi AssistIndia’s leading health insurance All set to acquire 100% stake in Third Party Administrator, Mumbai-based…

High NPA in education loan segment alerts banks

High default of about 8 percent in education loan The portfolio has made banks cautious and…

Debt recovery agents face RBI heat for unfair practices

Rohit Bhatia (name changed) from Alwar, Rajasthan was the guarantor of a house worth ₹1.5 lakh…

Assam to launch Category II of micro finance incentive and relief scheme by October

Assam Government has decided to introduce Category II of Assam Micro Finance Incentive and Relief Scheme…

Difference between UPI123 and UPI Lite

Shaktikanta Das, Governor reserve Bank of India (RBI), introduced UPI Lite On September 20, 2022, to…

Transferring EPF account: What is Annexure K?

every time one EPF members transfer their PF Establishments exempted from an exemption (or vice versa),…