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Budget and financial sector: Key highlights
Credit guarantee scheme for NBFCs to be extended, said Nirmala Sitharaman.
COVID-19 impact: What RBI's emergency rate cut means for your loans, fixed deposit investors
The RBI, today, cut the repo rate and reserve re...
Marriage and divorce: Women's financial rights
Usually, women do not know their financial or legal rights or how to secure these either when ...
Here's how you can help plan your parents' finances
Many banks in the current scenario would be willing to provide special facilities for senior citizens. These facilities include cash delivery at doorstep either free of cost or at a nominal fee.
Eyeing top 50: Insolvency resolution, cross-border trade, contracts in focus
States might be facing a revenue gap of up to Rs 1.23 lakh crore after withdrawal of GST compensation.
Family finance: Aggressive investment will help Bhardwaj achieve all money goals with ease
Kuldeep Bhardwaj's goals include building an emergency corpus, buying a house, taking a vacation, saving for children’s education and weddings, and retirement.
Why you should keep financial assets organised and listed while you are alive
We can do a lot without spending money, and money well spent can do a lot. Let your money help you and those around you live better. Rather than lying meaninglessly in expired bonds, unaccessed PPF accounts, unused vases and unworn dresses.
DHFL jumps 5% ahead of creditors meeting on debt resolution
The Mumbai bench of the NCLT had admitted the company for insolvency resolution on December 2.
COVID-related consumption crunch may spike Q1 household savings
A spike in net financial assets of households is likely in the first quarter of 2020-21 on account of a sharp drop in lockdown induced consumption.
Indian control clause for insurance may go
The government has held several meetings with the insurance regulator, insurers and consultants on higher FDI in the sector. Many global insurers, such as Metlife and Generali, have not raised their stakes in Indian operations due to the clause that was introduced in 2015.
House panel to examine ‘bail in’ clause of FRDI Bill, to meet today
The Bill proposes to establish a comprehensive resolution regime to enable timely and orderly resolution of a failing financial firm.
Financial coronavirus destroying economy of country: TMC MP
Participating in the discussion on the Finance Bill 2020 -21 in Rajya Sabha, Manas Ranjan Bhunia (TMC) said the budget has dashed the hopes of people of the country as they expected that the finance minister would come out with remedial measures to bring the economy out of the current crisis.
Cabinet clears bills to amend IBC and withdraw FRDI
The cabinet on Wednesday also approved the Insolvency and Bankruptcy Code (IBC) Amendment Bill 2018 that will replace the ordinance the government had promulgated to recognise homebuyers as financial creditors.
Customers deposits absolutely safe, bank in talks with investors, says RBI-appointed admin
The cash-starved private sector lender has come under the direct oversight of the Reserve Bank with the supersession of its board last Thursday and a moratorium has been placed till April 3, during which customers are now allowed to withdraw up to Rs 50,000.