Savings accounts that are 3 years post maturity will be frozen

Savings accounts that are 3 years post maturity will be frozen

New Delhi: The Department of Posts has announced that it will close small savings accounts that remain unclosed for three years after the maturity period. The Department of Posts has issued a circular. It states These new rules are applicable to small savings accounts like Public Provident Fund, Senior Citizens Savings Scheme, National Savings Certificate, … Read more

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What is the benefit of Golden Visa in UAE?

What is the benefit of Golden Visa in UAE?

The United Arab Emirates, also known as the UAE, a West Asian country, has introduced new procedures for obtaining a golden visa. This will be issued to citizens of India and Bangladesh. How to get a UAE Golden Visa Its special features Can stay for life. According to the existing schemes, there is no need … Read more

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Young indians struggling with debt in india

Young indians struggling with debt in india

The debt problem faced by young Indians, who are struggling with debt, and the recent data on the increase in defaults in the micro-loan segment, highlight the need for debt management. What is the impact of Digitalization on finance In a context where access to credit has increased due to the impact of digital technology, … Read more

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Banks’ market value fell sharply in the last quarter.

Banks' market value fell sharply in the last quarter.

Banks’ market value fell sharply in the last quarter.New Delhi, Apr. 15-Most public sector banks have seen their market value decline in the January-March quarter, according to a study by ‘S&P’. What is the market value of a major bank? It has been reported that 12 of the country’s top 20 banks have seen their … Read more

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Reserve Bank cuts repo rate again

Reserve Bank cuts repo rate again

The Reserve Bank has cut the repo rate again, and with US President Trump’s reciprocal tax hike coming into effect from yesterday, the Reserve Bank has lowered the country’s economic growth forecast for the current fiscal year from 6.70 percent to 6.50 percent. What is the benefit of a repo rate cut At the end … Read more

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Credit card balance increases by 28% rbi reports

Credit card balance increases by 28% rbi reports

New Delhi, Apr. 8- Credit card loan outstandings have increased by 28 percent to Rs 6,742 crore in the last year, the Reserve Bank of India (RBI) said. what happens if you don’t pay your credit card loan Credit card usage has increased in the last three years due to increased consumer spending and use … Read more

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Middle-Income Home Loans Surge

Middle-Income Home Loans Surge

New Delhi:Home loan availability increases by 14 percent, with middle-income groups leading the way, The NHB report states that Housing loans in the country have increased by 14 percent, with the total outstanding loans standing at Rs 33.53 lakh crore as of September last year, the National Housing Bank (NHB) has said. Housing loans in … Read more

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What are the new changes in Indian passport?

What are the new changes in Indian passport?

What are the 4 changes made by the Central Government in the Indian passport application rules? What is the new update for passport 2025 Chennai, March 12-The Central Government has made four major changes in the passport application rules. The details are as follows: Birth Certificate For those born after October 1, 2023, only the … Read more

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