In an endeavour to create global-sized institutions, the Government of India is encouraging the consolidation of public sector banks. This is for the purpose of reducing their number, as also making way for bigger banking institutions. To achieve this, the Government is looking to act as a mediator to merge state-run Bank of India, UCO […]
The private sector banking institution, DCB (Development Credit Bank) limited, has launched the first Aadhaar-based ATM in Bengaluru. This Tier-I city followed leading urban areas like Mumbai in providing this advanced facility that allows PIN-less and card-less transactions. This unique DCB ATM accepts Aadhaar number and Aadhaar-registered fingerprint instead of a card number and PIN […]
This month the government of India officially announced its vision of establishing 650 operational branches of India Post Payments Bank (IPPB) by September next year. These branches would be set up across all the major districts of the nation. Currently, India Post operates an estimated 25,000 post offices across the country and the launch of […]
The Reserve Bank of India (RBI) has asked banks to put in place a cyber-security policy without delay. The policy will outline the approach to fight cyber threats, given the level of complications of business and acceptable levels of risk. According to the RBI, the cyber security policy should be different from the broader IT […]
On 7 June 2016, Datsun India finally launched their new product — redi-GO. With a price range starting from 2.38 Lakh INR and going up to Rs 3.34 Lakh (ex-showroom prices, Delhi), the car has become one of India’s most affordable cars. The car has been introduced with five variations: D, A, T, T(O) and […]
The German luxury car making firm, Mercedes Benz, has finally launched the much speculated luxury car, SUV GLC. This product has become the sixth SUV in the company’s portfolio in India and has been designed to compete with Audi Q5 and BMW X3. The model has been launched in both the variants, petrol and diesel. […]
Volkswagen, the leading Germany-based car maker, has introduced its much-awaited Ameo. The car is Volkswagen India’s first sub-compact sedan that measures less than 4 meters. Ameo is being advertised as a sedan that has been made in India and for India. The currently available Ameo variant would be the petrol version with a price tag […]
Just like everything else, course fees are also getting steeper, particularly when it comes to premium institutions whether domestic or overseas. This is where education loans come to the rescue and offer major financial help to students interested in pursuing higher studies. Here are 9 important tips to help you manage your education loan wisely and […]
Today it’s not just festivals that make us think of big-ticket purchases such as a flat-screen TV or refrigerator and other consumer durables. With high disposable incomes, buying consumer goods does not need a special occasion anymore. In addition, advancements intechnology and stiff competition among manufacturers have made consumer goods even more accessible tovarious sections of […]
Being a Non Resident Indian (NRI), if you are planning to invest in a property back home, now is definitely one of the best times to start. With favorable currency rates and the Indian real estate sector witnessing a price correction, you can look forward to lucrative deals.
