SEARCHED FOR:FINANCIAL RESOLUTION AND DEPOSIT INSURANCE BILL
RBI, Sebi ‘clash’ adds to defaulters’ resolution woes
Even if the bankers agree on a deal under the ICA, it is not binding on funds.
Better-run banks will get bigger share of deposits
But now, banks penalise a deposit holder for walking into the branch.
PM Modi's letter to the people of India: A year after the start of his second term in office
From 2014 to 2019, India’s stature rose significantly. The dignity of the poor was enhanced. The nation achieved financial inclusion, free gas and electricity connections, total sanitation coverage, and made progress towards ensuring ‘housing for all’.
How to deal with your biggest financial fears
If you have no investing expertise or have suffered losses and are afraid you will do so again, the best option is to not invest directly through stocks, but via mutual funds. Find out how to conquer your fears and secure your finances
Family finance: Why salaried Prashanth and Sushma need to increase investment in equity
The couple's goals include building an emergency corpus, setting up a business, buying a house, saving for their child’s education and retirement.
RBI fast-tracks DHFL resolution, appoints advisory panel
IDFC First Bank's Non-Executive Chairman Rajiv Lall, ICICI Prudential Life Insurance's Managing Director and Chief Executive N S Kannan, and mutual funds' association AMFI's Chief Executive N S Venkatesh would be part of the three-member panel which will advise the administrator of DHFL, an official statement said.
10 financial warning signs to watch out for when in a relationship
We list some financial red flags that can hint at bigger problems you may not be able to rectify in the future.
Family finance: Prabhakaran should stagger primary financial goals to achieve them with ease
Hyderabad-based Pradeep Prabhakaran has financial goals which include building an emergency corpus, buying a house, saving for the child’s education and wedding, and his own retirement. Here's the plan that the financial planner has made for him.
A raft of agritech startups are set to change the face of Indian agriculture
A string of agritech startups are set to play a dominant role in disseminating information to farmers
FRDI bill dropped: Relief for bank customers as deposit insurance scheme will continue
All commercial banks and bank deposits will continue to be insured under the Deposit Insurance and Credit Guarantee Corporation (DICGC).
Government mulls new framework to expedite DHFL resolution
Banks have reached an inter-creditor agreement (ICA) to restructure the Rs 1 lakh crore debt of DHFL, but they have not been able to reach an agreement with bondholders, stalling a resolution.
Online petition against FRDI Bill gets thousands of signups
Meanwhile, the finance Ministry today said that the FRDI Bill is depositor friendly and provides more protection to them compared to existing provisions.
Govt gives relaxations to taxpayers for GST compliance for filing annual returns and audits
In a notification dated May 5, the Central Board of Indirect Taxes and Customs (CBIC) has allowed registered persons to furnish GSTR-3B verified through electronic verification code between April 21 and June 30. This was not permitted earlier.