May 06, 2021 02:38 PM IST

The most wanted loans by first-time borrowers

RBI relaxes KYC norms till end of year: Here’s what bank account holders must know

The central bank has indicated that no punitive restriction on operations of customer accounts shall be imposed by banks till December 31, 2021. Account holders are expected to update their KYC during this period

RBI steps in for retail borrowers: Offers fresh restructuring, extension for recast loans

In light of the devastating pandemic and its economic impact, Reserve Bank of India governor Shaktikanta Das on Wednesday rolled out a host of measures aimed at easing the distress

RBI Governor Shaktikanta Das announces fiscal measures amid COVID-19 2nd wave

In 2020, the RBI announced a six-month moratorium and a subsequent one-time restructuring facility for banks.

Explained: All about making safer online transactions with virtual cards

Virtual cards offer several layers of protection that make them immune to frauds

What history can teach banks about making change

In their recent commitments to racial justice, financial institutions have mostly mimicked others instead of pulling on the unique levers of power that they control.

COVID-19 effect: SBI to update KYC through post or registered email-ID

The instructions are applicable with immediate effect

IDBI Bank and Punjab National Bank offer higher rates on savings accounts than public sector peers

State Bank of India, UCO Bank offer 2.70 percent and 2.50 percent interest respectively on savings accounts

Signing as a loan guarantor? Here's how the liability affects your credit score

Whenever a default takes place, the lender can demand that the loan guarantor step in and repay

How to choose the most suitable fixed deposit by balancing risk and returns

Split your FDs among 3-4 banks, with a mix of NBFCs, small finance banks and commercial banks to maximize your returns and minimize your risks

How CIBIL and Experian score first-time loan applicants

Your employment profile and social media accounts are checked by financial institutions to assess your credit risk levels

To take a personal loan or borrow against a credit card? Here's how you must decide

The repayment tenure and the loan size must be the main deciding factors

RBI to conduct customer satisfaction survey on bank mergers

The proposed survey will cover a total of 20,000 respondents from 21 states, including Uttar Pradesh, Maharashtra, West Bengal, Tamil Nadu, Bihar, Karnataka, Madhya Pradesh, and Gujarat.

Yes Bank and Suryoday Small Finance Bank offer the best rates on three-year FDs for senior citizens

HDFC Bank and ICICI Bank offer 5.65 per cent on three-year FDs for senior citizens

Bank of India, Punjab and Sind Bank offer the lowest rates on gold loans

Gold loans are available at rates starting from 7 percent

Axis Bank hikes cash withdrawal and SMS charges: All that you need to know

The bank is increasing charges for non-maintenance of minimum balance, cash withdrawal and SMS alerts

COVID-19 2nd wave | Bank branches shorten business hours, cut staff attendance: Report

The Indian Banks' Association (IBA) said bank branches will now work from 10 am to 2 pm.

The darkest hour is just before dawn. India will emerge stronger: TeamLease chief Manish Sabharwal

Covid is not climate change; it is a passing shower that may see some recurrences. There have been huge reforms in labour, education and banking and these policy reforms will change the trajectory of India, says the Chairman of HR services firm TeamLease.

Once passed, the Personal Data Protection Bill will make companies more answerable for lapses: EY

Mukul Shrivastava of EY gives his take on the how the new bill will help users when it is passed by parliament. He also gives valuable suggestions to keep your online money transactions safe

SBM Bank bets on tie-ups to grow India operations; not to add branches

SBM Bank India wants to grow its business through granular liabilities collection and booking fees by aiding in various banking transactions, its managing director and chief executive Sidharth Rath told PTI.

Joint home loan application: For higher amounts and increased tax benefits

As the income of the co-applicant is also considered while evaluating EMI affordability, it can also help you get a bigger loan amount

Bandhan Bank and AU Small Finance Bank offer the best rates on savings accounts

ICICI Bank and HDFC Bank offer up to 3.5 percent interest rate

AU Small Finance Bank Q4 Net Profit seen up 126.1% YoY to Rs 277 cr: Sharekhan

Net Interest Income (NII) is expected to increase by 26.4 percent Y-o-Y (up 10.8 percent Q-o-Q) to Rs 701 crore, according to Sharekhan.

City Union Bank Q4 Net Profit to Rs 167 cr: Sharekhan

Net Interest Income (NII) is expected to increase by 18.9 percent Y-o-Y (up 2 percent Q-o-Q) to Rs 499 crore, according to Sharekhan.

RBL Bank Q4 Net Profit seen up 42.9% YoY to Rs 163 cr: Sharekhan

Net Interest Income (NII) is expected to decrease by 4.6 percent Y-o-Y (up 5.5 percent Q-o-Q) to Rs 974 crore, according to Sharekhan.