Showing results for "#banks"
Supreme Court removes 30% cap on credit card due interest
In July 2008, the commission had held that annual interest rates ranging between 36 per cent and 49 per cent were exorbitant and amounted to the...
Deadline alert: link PAN with Aadhaar by May 31 to avoid higher tax...
28 May 2024In a separate post, the I-T department asked reporting entities, including banks, forex dealers, to file SFT by May 31 to avoid penalties.
Banks must provide simple key facts statement to borrowers on terms of...
15 April 2024The harmonised instructions shall apply to all retail and MSME term loan products extended by all the regulated entities, such as banks and housing...
Credit off-take from banks continues to grow: CARE Ratings
12 March 2024In its latest report, CARE Ratings said the rise can continue to be attributed to the impact of HDFC’s merger with HDFC Bank along with the growth in...
Global cface mounting losses on lending to troubled US commercial...
3 Feb 2024On Wednesday, shares in New York Community Bancorp plunged 38 per cent after it reported a loss of $252 million for the last quarter.
Paytm accelerating partnership with other banks, says CEO
1 Feb 2024Paytm is already in process of moving the nodal account to other large commercial banks which will be done before the due date- February 29, 2024.
Fed to allow emergency bank lending program expire on March 11
25 Jan 2024The sun-setting of the program on March 11 had been signaled by Fed officials as fear in the banking system abated.
FASTags without KYC link to be deactivated after Jan 31
15 Jan 2024The NHAI has taken this initiative after the recent reports of multiple FASTags being issued for a particular vehicle and FASTags being issued without...