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RBI

No-frills a/c holders pay heavy penalty for exceeding withdrawal limit
News

No-frills a/c holders pay heavy penalty for exceeding withdrawal limit

May 28, 2018September 21, 2021

While no charges are levied for maintaining no-frills account or BSBDA in a bank, the regular accounts are subject to various fees and charges.

Read More No-frills a/c holders pay heavy penalty for exceeding withdrawal limitContinue

News

PSBs failing to recover bad loans, UCO Bank tops chart; check full list

April 17, 2018

In a major headache for Public Sector Banks (PSBs) in the country, the recovery rate of non performing assets (NPA), which were written off, has been declining.

Read More PSBs failing to recover bad loans, UCO Bank tops chart; check full listContinue

NPS

Oil surge may harden RBI outlook as inflation accelerates to 17-month high

January 13, 2018

The rise in inflation, though, is unlikely to translate into higher wages, given subdued demand for jobs in an economy which is forecast to grow at its slowest pace in four years.

Read More Oil surge may harden RBI outlook as inflation accelerates to 17-month highContinue

7th Pay Commission

7th Pay Commission – Implementation of HRA as per 7th CPC May Impact Inflation – RBI

August 3, 2017

RBI included the implementation of house rent allowance or HRA, under the 7th Pay Commission (7th CPC) could lead to inflation.

Read More 7th Pay Commission – Implementation of HRA as per 7th CPC May Impact Inflation – RBIContinue

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