How to retrieve unclaimed funds from Fixed Deposits (FDs) and savings bank accounts

As per the regulatory guidelines of the Reserve Bank of India (RBI), an account is deemed an Unclaimed Bank Deposit…

2 years ago

Non-Banking Financial Companies (NBFCs) and Financial Inclusion: Addressing Disparities in Underserved Markets

The financial sector has been crucial in supporting the resilience and growth trajectory of the Indian Economy in recent years.…

2 years ago

The Art of Decision-Making: A Guide for Business Leaders

In the dynamic landscape of business, decision-making stands as a cornerstone for success. The ability of leaders to make effective…

2 years ago

Latest News on GST

News 1 - FM Nirmala Sitharaman proposes GST Council to consider raising the threshold from ₹40 lakh to ₹60 lakh…

2 years ago

Credit Score – A Crucial Aspect in Banking and Finance Job Applications

In June 2022, a 26-year-old commerce graduate, sought a probationary officer position at a prominent public sector bank. Unfortunately, his…

2 years ago

A Decadal Shift in Banking Frauds and a Call for Vigilance

In the fiscal year 2021-22, a total of 9,053 fraud cases, amounting to ₹45,598 crore, were reported in various banking…

2 years ago

Reading Resolutions: A Curated List of Books to Enrich Your Mind in 2024

As we step into a new year, it's the perfect time to set ambitious reading resolutions and embark on a…

2 years ago

Monetary Policy Decision: RBI’s Panel Maintains Unchanged Repo Rate Despite Upward Revision in Growth Outlook

The Monetary Policy Committee (MPC) of the Reserve Bank of India has decided to maintain the status quo on interest…

2 years ago

Reclaiming Funds Lost in UPI or Banking Fraud: A Step-by-Step Guide

Digital payment methods have become ubiquitous post the Covid-19 pandemic, rendering traditional cash-carrying habits nearly obsolete. For individuals accustomed to…

2 years ago

Indian banks have written off ₹10.6 lakh crore over the past five years, with half of this amount associated with large corporations

Recently, the government informed the Lok Sabha that over the past five years, Scheduled Commercial Banks have written off approximately…

2 years ago