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SBI suggest that the customer sign the reverse of the card as soon as he or she receives it
State Bank of India (SBI), the largest lender of the country, has time and again shared tips to its customers, in its bid to promote safe banking practices. While transacting via an ATM-cum-debit card, customers often forget hiding their password, which may
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Read more: 10 Things You Should Know For Conducting Safe ATM Transactions
Write comment (99 Comments)Major oil producers met in Abu Dhabi on Sunday.
Saudi Arabia said oil-producing countries have not yet reached an agreement on cutting output, as major producers met in Abu Dhabi on Sunday. "There is no consensus yet among oil producers about cutting production," Saudi Energy Minister Khalid al-Falih said at the meeting of their Joint Ministerial
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Read more: No Consensus Yet Among Oil Producers To Cut Output: Saudi Arabia
Write comment (97 Comments)GoAir has announced a 13-day special sale across all sectors, offering up to 13 lakh seats.
Airlines have announced a host of discount offers on domestic and international flight tickets. Wow Air, which is launching its operations in India in December, has announced 30 per cent discount on all destinations. GoAir is offering a 13-day special sale
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Read more: Wow Air, GoAir, Jet Airways Offer Discount On Flight Tickets
Write comment (90 Comments)INR Vs USD: On Friday, the rupee had risen by 50 paise to end at 72.50 per dollar.
The rupee slipped by 54 paise to hit an intraday low of 73.04 against the dollar on Monday, reported news agency Press Trust of India (PTI). Increased demand for the American currency from importers, high global crude oil
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Read more: Rupee Slips By 54 Paise To 73.04 Against Dollar: 10 Things To Know
Write comment (99 Comments)Small finance banks generally offer higher interest rates as compared to many leading banks.
Equitas Bank, a small finance bank, has revised its recurring deposit (FD) rates with effect from November 1, 2018. Small finance banks are banks, which provide financial inclusion to small businesses, micro and small industries. Recurring Deposit or RD is
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Read more: Equitas Bank Revises Recurring Deposit Interest Rates; What Others Pay
Write comment (93 Comments)The senior citizen savings scheme offers an interest rate of 8.7 per cent per annum.
India Post offers a number of saving schemes ranging from Senior Citizen Savings Scheme (SCSS) to Post Office Recurring Deposit (RD) Account, as mentioned on its official website- indiapost.gov.in. India Post has a network of more than 1.55 lakh post offices across
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Read more: Post Office Savings Schemes With Interest Rate Up To 8.7% Explained Here
Write comment (94 Comments)Government and the central bank have had disagreements, but the relationship has never looked so irretrievably broken as it does now.
Before the global financial crisis, the finance ministry saw the Reserve Bank of India as an incompetent regulator, one that managed the state-dominated banking industry by keeping it puny and primitive.
In that view,
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Read more: Opinion: Ugly RBI Row As India Policy-Making Catches "Silicon Valley Bug"
Write comment (91 Comments)The minimum fixed deposit amount for SBI multi option deposit account is Rs. 1,000.
State Bank of India (SBI) offers a type of fixed deposit or term deposit scheme called Multi Option Deposit Scheme (MODS). The scheme is linked to the savings or current account, according to country's largest lender's website - sbi.co.in. Unlike in usual fixed
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Read more: SBI Multi-Option Deposit Scheme: Interest Rates, Tenure And Other Details
Write comment (95 Comments)The bankruptcy code, Rajan asserted, cannot be the only way to clean up the banks.
Notes Ban and the Goods and Services Tax (GST) are the two major headwinds that held back country's economic growth last year, former RBI Governor Raghuram Rajan has said, asserting that the current seven per cent growth rate is not enough to meet the country's
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Read more: Notes Ban, GST Held Back Economic Growth Last Year, Says Raghuram Rajan
Write comment (97 Comments)Some see Robyn Denholm as being too close to Musk.
In picking Robyn Denholm to keep Elon Musk in check, Tesla Inc.'s board went with a numbers-first executive who climbed up the ranks of multinationals' finance departments. Those who know her say her no-nonsense methods may be exactly what Tesla needs.
"Everything about her is rational, reasonable,
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Read more: The 'Rational' Businesswoman Picked To Temper Tesla's Mercurial Musk
Write comment (93 Comments)EPF is a compulsory retirement saving option with a minimum lock-in period of five years.
Provident fund, a retirement savings plan, reaps benefits at maturity. In a provident fund account, the customer invests a part of his/her salary in the account for a certain period of time and avail the amount on maturity. There are three major provident fund
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Read more: Public Provident Fund Vs General Provident Fund: Features Compared Here
Write comment (100 Comments)In a SBI's flexi deposit account, premature withdrawal is also allowed.
State Bank of India (SBI) offers the option of opening a flexi deposit account under it's personal banking portfolio. SBI's flexi deposit scheme is similar to recurring deposit (RD). However, in case of a flexi deposit, instead of a single fixed instalment every month, user can
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Read more: SBI's Flexi Deposit Scheme: Eligibility, Interest Rates And Other Details
Write comment (92 Comments)Apple, Xiaomi, Pampers were among the top brands that were sold to customers spread across 197 countries.
SHANGHAI Chinese e-commerce giant Alibaba on Monday announced generation of whopping $30.8 billion in terms of Gross Merchandise Value (GMV) during Singles' Day sale -- the 24-hour annual shopping event -- held on November 11, beating last
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Read more: Alibaba Generates Whopping $31 Billion In 24-Hour Sale
Write comment (100 Comments)The offer is subject to availability of cabins, noted Maharajas Express.
The Indian Railway Catering and Tourism Corporation (IRCTC) operated Maharajas Express is offering 50 per cent discount on second ticket booking, informed world's leading luxury train in a tweet posted on its handle. Under this offer, on ticket booking of first adult on twin
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Read more: Maharajas Express Offers 50% Discount On Tickets. Details Here
Write comment (99 Comments)Sovereign, however, remained unaltered at Rs 24,700 per piece of 8 grams in limited deals
Gold prices continued decline for the fourth straight day, falling by Rs 180 to Rs 32,070 per 10 grams at the bullion market on Saturday on easing demand from local jewellers amid a weakening trend overseas, reported news agency Press Trust of India (PTI).
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Read more: Gold Prices Decline On Weak Global Cues: 5 Things To Know
Write comment (90 Comments)BSE Sensex, Nifty: IT stocks bucked the negative trend amid a weaker rupee.
The domestic equity markets traded in the negative in a volatile session after a positive opening, ahead of the release of key macroeconomic data on Monday. At 2:02 pm, the S-P BSE Sensex traded at 34,918.08, down 240.47 points or 0.68 per cent and the Nifty index of
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Read more: Sensex Sheds Over 200 Points, Nifty Below 10,550 Ahead Of Key Macro Data
Write comment (98 Comments)The Reserve Bank of India (RBI) has a massive Rs 9.59 lakh crore in reserves.
The RBI's board meeting on November 19 is expected to be a stormy affair in the backdrop of the ongoing tussle between the government and the central bank, sources said, adding that some members are likely to raise issues concerning capital framework,
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Read more: Surplus Reserve, Liquidity To Be Key Issues In RBI Board Meeting: Report
Write comment (93 Comments)Web check-in and kiosk check-in are not available for bookings under GoAir's senior citizen special fare.
GoAir has come up with a new discount scheme for senior citizens, said the airline on microblogging website - Twitter. Under the scheme, GoAir is offering an eight per cent discount on booking of domestic and international flights tickets,
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Read more: GoAir Offers Discount On Flight Tickets For Select Passengers
Write comment (98 Comments)INR Vs USD: High opening of domestic equity markets capped rupee's losses, said traders.
MUMBAI: The rupee weakened by 26 paise to 72.76 against the US dollar Monday, owing to increased demand for the American currency from importers amid increasing global crude oil prices. The international benchmark, Brent crude again breached the $71 a barrel
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Read more: Rupee Slips 26 Paise Amid Rising Demand For US Dollar
Write comment (99 Comments)The domestic institutional investors sold Rs 813.42-crore stocks in the past week.
Macro-economic indicators such as inflation, factory output as well as global crude oil prices will dictate the stock market trend next week, analysts said. A string of assembly elections, starting November 12, will also drive investor sentiments after range-bound
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Read more: Inflation Data, Crude Oil Prices To Guide Markets Next Week, Say Experts
Write comment (99 Comments)The amount of penalty varies across banks on the basis of branch location.
Leading banks of the country such as State Bank of India (SBI), ICICI Bank, HDFC Bank, PNB Bank, among others, charge customers for non-maintenance of average monthly balance (AMB) in their savings accounts. Average Monthly Balance (AMB) is the minimum average of deposits
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Read more: Here's How Much Key Banks Charge For Non-Maintenance Of Minimum Balance
Write comment (92 Comments)AirAsia's offer on flight tickets covers 120 destinations across Asia, Australia and beyond.
AirAsia India is offering "lowest fares" on flight tickets in its latest sale, the airline said on Monday. "Big sale for you. Log in to grab the lowest fares," the airline said on its website airasia.com. AirAsia's offer on flight tickets is valid till
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Read more: AirAsia Big Sale: Domestic Flight Tickets From 399 Rupees
Write comment (100 Comments)IndiGo now has 150 of Airbus SE's A321neo jets on order, the source said.
IndiGo, country's largest domestic airline, has switched 125 of its existing Airbus A320neo jet orders to the longer range A321neo model, according to an Airbus source.
IndiGo now has 150 of Airbus SE's A321neo jets on order, the source said. The orders showed in the official
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Read more: IndiGo Switches 125 Airbus A320neo Orders To Longer Range A321s: Report
Write comment (92 Comments)The IL-FS purchased 26 per cent equity shares at Rs 291.20 crore.
The Tripura government will soon start dialogue for purchase of 26 per cent equity shares of the Palatana gas thermal power project from the Infrastructure Leasing and Financial Services (IL-FS). The 726.6 mw gas based power project, run by ONGC Tripura Power Company (OTPC),
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Read more: Tripura To Start Dialogue To Acquire IL FS Shares Of Palatana Project
Write comment (93 Comments)Information Commissioner Sridhar Acharyulu had asked the RBI to furnish response by November 16
Slapped with a show-cause notice to its Governor Urijit Patel from the CIC, the Reserve Bank of India has sought time till November 26 from the commission, highest adjudicating body in RTI matters, for furnishing its response. The case is
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Read more: RBI Seeks More Time To Reply To Information Commission Notice: Report
Write comment (99 Comments)In Kolkata, the petrol and diesel rates were Rs 79.65 per litre and Rs 74.32 per litre respectively.
Fuel prices were reduced marginally on Sunday across the four metro cities by the state run oil marketing companies (OMCs). In Delhi, petrol was sold at Rs 77.73 per litre while diesel price stood at Rs 72.46 per litre with effect from 6:00 am,
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Read more: Petrol Price Cut By 16 Paise Per Litre In Delhi, Diesel Rate Slashed
Write comment (92 Comments)Interest rates on corporate fixed deposits depend on the profits posted by the companies.
Fixed deposits (FDs) are not only offered by banks but also by companies. In fact, the interest rates offered on company fixed deposits are higher than those on bank fixed deposits. However, the risks involved in corporate fixed deposits are much higher than
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Read more: Fixed Deposit Interest Rates Offered By Corporates
Write comment (97 Comments)Airtel, Vodafone are offering additional benefits such as subscription to Amazon Prime Video, Netflix.
After offering a host of prepaid recharge plans, telecom companies are now offering postpaid plans at attractive rates with more benefits to attract customers. Telecom companies such as Bharti Airtel, Vodafone India are offering additional
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Read more: Postpaid Plans Of Airtel, Vodafone, Jio Under Rs. 500 Compared Here
Write comment (91 Comments)Banks offer a slightly higher interest rate on FDs to senior citizens.
Public sector lender Punjab National Bank (PNB) has revised its fixed deposit (FD) rates with effect from November 1, 2018. Fixed deposits (FDs), also known as term deposits, are secure financial instruments, which offer guaranteed returns. PNB has introduced a special fixed
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Read more: PNB Revises Fixed Deposit (FD) Interest Rates; What Other Lenders Pay
Write comment (95 Comments)The travel period to avail Wow Air's discount offer on flight tickets is valid till March 2019.
Wow Air, the Iceland-based airline, which is launching its India operations in December, has announced 30 per cent discount on all destinations, the carrier said on it's official Twitter account- @wow_air. Wow Air's discount offer is applicable till
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Read more: Wow Air Offers 30% Discount On International Flight Tickets
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