Category: Finance
RBI Governor Shaktikanta Das: Private banks misreporting complaints as queries, says RBI Governor Shaktikanta Das
(This story originally appeared in on Nov 19, 2024) MUMBAI: RBI Governor Shaktikanta Das has criticised private banks for mishandling customer grievances, flagging a concerning…
Maharaja Club: After merger with Vistara, Air India Flying Returns will become Maharaja Club; members won’t be able to access account temporarily
In light of Air India and Vistara’s November 12 merger into a single airline, here are some things to look out for if you have…
Economics of elder care: How to balance love, duty, and practicality while caring for aged parents
I met her at the retirement home. She and her husband had quit their jobs in Singapore and moved in with her 80-year-old mother, who…
UPI rules: Latest guidelines for UPI 123Pay features
UPI 123Pay is a Suite of solutions developed for Non Smart phone, feature phone users to use the UPI without internet connectivity. There are no…
Chhath Puja bank holiday today: Are banks open or closed on November 7, 8 for Chhath Puja 2024? State-wise bank holiday list
Several states will have banks closed for a short period due to Chhath Puja, impacting banking operations as some banks will be shut for four…
RBI makes six amendments to know-your-customer (KYC) rules; check details
The Reserve Bank of India (RBI) has announced amendments to the Master Directions on Know Your Customer (KYC) on November 6, 2024 and the amended…
RBI’s new domestic money transfer rules for stronger KYC are applicable from November 1, 2024; check details
The Reserve Bank of India (RBI) had issued a new framework on Domestic Money Transfer (DMT) in July 2024 for regulated enterprises, requiring stronger Know…
Purchase gold wisely this Dhanteras: Govt urges festive shoppers to buy BIS hallmarked gold jewellery
The Bureau of Indian Standards (BIS), supported by Hallmark’s longstanding trust, encourages consumers to purchase gold and silver with a thoughtful approach as the festival…
EPF pension alert: Diwali cheer for EPS pensioners as EPFO will release pension early in October
The Employees’ Provident Fund Organization (EPFO) has announced that the pensioners covered under the Employee’s Pension Scheme (EPS), which is overseen by the EPFO will…
Investors know about NPS but do not invest: What is keeping you away from NPS?
It is the cheapest market-linked investment product, is very tightly regulated and offers several tax benefits. Despite these advantages, the National Pension System (NPS) has…