With the motive of making funds transfer easier, the fifth largest private sector bank of the country, YES Bank has started UPI (Unified Payments Interface) services in association with 50 more businesses. This one-of-its-kind banking innovation will not only make the transactions secure and instant but will also make low-cost and high-volume electronic payments from […]
Reserve Bank of India has decided to ask banks to contribute funds for the installation of point-of-sale (POS) terminals concerning the low usage of debit cards while making electronic payments. The introduction of Jan Dhan Yojana has increased a number of debit cards in the country, with more than 68 crore debit cards in circulation. […]
Public sector lender, Canara Bank recently announced the launch of its Unified Payment Interface (UPI) app named as Empower. The app was launched at the conclave of board of directors and is now available for android users on Google App Store. The app works on the platform of NCPI (National Payments Corporation of India) which […]
Jeep has finally come to India and made a return after a 2-decade gap. Jeep has entered the Indian market with its two models – The Grand Cherokee and The Wrangler. Along with these models, The Grand Cherokee SRT was also launched. The American brand launched itself in royal style in Jodhpur. The prices of […]
On Wednesday, the state cabinet of Bihar agreed upon the Student Credit Card Scheme (SCCS). This being one of the seven resolves ( Saat Nischay) of CM Nitish Kumar is touted to be one of his ambitious schemes. This was accompanied with the gazette notification of the new Bihar Prohibition and Excise Bill 2016 to […]
India’s auto industry has been through a few rough patches in the past couple of years and new car sales have been hit. However, even during these challenging times, the used car market in India has witnessed steady growth. As per available data, the current value of the pre-owned car market is pegged at Rs. […]
Today, credit cards have become an integral part of our lives, almost acting like a lifestyle statement. One of the key reasons for the popularity of credit cards is the convenience that they provide – they come to our rescue in times of cash crunch by providing short term loans with a 40 to 50 […]
As per data by the RBI, the growth rate in bank deposits made in the two week period ending 2nd September marked the highest level in the past 10 years. This growth has been aided by the payments from the 7th Pay Commission and credit-to-debit ratio has increased to 14%. As of fortnight ending on […]
One of the most crucial steps towards beginning with financial planning is to sketch your financial goals. These goals essentially help you decide which investment options to go for, mutual funds, FDs, savings accounts, among others. However, there are multiple opinions surrounding the use of accounts and how many accounts are ideal to maintain in […]
Buying a home often tops the list when it comes to the aspirations of an average Indian. After all, who wants to keep paying rent all their life? But the skyrocketing property prices in cities, as well as small towns, make home-buying a pricey affair for the mid-income professionals. To assist them, banks and NBFC have […]
