Nirlon inks Real Estate Transaction with JP Morgan
J.P. Morgan will take up about 1.15 million sq. ft. of office space that is expected to be delivered by the second quarter of 2021, the company said in release. NKP has a site area of 23 acres and is located on Mumbai’s Western Express Highway in Goregaon.
RBI to introduce new prepaid payment instrument for digital transactions up to Rs 10,000
RBI proposed to introduce a new type of prepaid paym...
Karvy Stock Broking scandal: How retail investors can safeguard against such frauds
The Karvy Stock Broking demat account fraud has shaken th...
Sebi working on related-party transaction norms: Tyagi
Tyagi said Sebi has given its inputs on regulations as a case study on the subject to the OECD and affirmed further support on the same.
Indiabulls’ shares rally after govt clean chit for some loans
Indiabulls Housing Finance (IBHF) shares rallied 24.65 per cent to Rs 334.40.
How can I improve my credit score?
It is important to have a good credit score to avail the loans easily from banks. These days banks rely on credit score as one of the criteria to ascertain the interest rate that they will be charging from you, especially in case of home loans.
Investcorp closes Rs 323-crore funding round in NephroPlus
The latest transaction will see Sea-Link Capital Partners, the investment firm founded by former KKR senior executive Heramb Hajarnavis, score an exit from its three year-old investment.
We want to turn into an omni channel in next 5 years: Anuj Khanna Sohum, Affle India
The festive season of October-November-December -- has been relatively muted.
From January, banks cannot charge you for online NEFT transactions
The RBI has mandated all banks to stop charging savings account customers for NEFT use from Jan '20.
PMC Bank crisis: Should you change your bank? Here's how to evaluate
The PMC Bank crisis has brought safety of bank deposits into focus, but does that fear warrant a bank change?
Three years of demonetisation: Cash is king in 66% of real estate transactions
A majority of Indians continue to make a substantial percentage of their total annual purchases in cash, the survey said. About 40% people said anywhere between 5% to 25% of their total purchases were in cash, 29% said anywhere between 25% to 50% of their purchases were in cash and 27% said at they paid cash while purchasing almost every item in last year.
NSE makes pitch to FM, Sebi to cut securities transaction costs
To further expand markets, we need to further simplify them, said Vikram Limaye, MD and CEO.
RBI to introduce new security measures for ATMs
RBI said that since many banks and other regulated entities are other regulated entities are dependent upon third-party application service providers for shared services for ATM switch applications, they are exposed exposed to the associated cyber threats.
Online banking restored: HDFC Bank
Responding to customers, the bank said that the “technical glitch” has been rectified. “Our net banking and mobile banking platforms have now stabilised,” the lender said.
Google, Walmart help drive India payments past 1 billion transactions
Indian digital payments took off when the govt pushed demonetization in 2016, invalidating most of the country’s high-value currency notes in to curb corruption and push Indians away from cash. UPI has now surpassed a 100 million users 3.5 years after its launch, thanks to booming smartphone use and wireless data rates among the lowest in the world.
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