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image for article RBI Cancels NBFC Licenses Over Compliance Issues: Full Impact Explained

Banking and Savings

RBI Cancels NBFC Licenses Over Compliance Issues: Full Impact Explained

RBI has revoked the licenses of 35 NBFCs and accepted surrenders from 16 more as part of regulatory compliance enforcement; all affected entities must cease NBFC business.
image for article India Warns MNC Employees: Disclose Foreign Assets Before December 31 or Face Heavy Penalties

Income

India Warns MNC Employees: Disclose Foreign Assets Before December 31 or Face Heavy Penalties

Indian tax authorities warn MNC employees to disclose overseas assets by December 31 or risk penalties under the Black Money Act as global data exchange accelerates.
image for article Fixed Deposit vs FD Plus: Maximize Your Returns with the Right Choice

Banking and Savings

Fixed Deposit vs FD Plus: Maximize Your Returns with the Right Choice

Discover how FD Plus offers higher returns than regular Fixed Deposits. Compare rates from top banks and explore different FD types to suit your needs.
image for article IMF May Reclassify India’s Forex Regime: What It Means

Banking and Savings

IMF May Reclassify India’s Forex Regime: What It Means

The IMF may soon classify India’s forex framework as a managed regime a move tied to renewed rupee volatility and central-bank forex interventions. Here’s why it matters.
image for article AU Small Finance Bank and Fincare Small Finance Bank Merger: A Strategic Move for Growth and Profitability

Banking and Savings

AU Small Finance Bank and Fincare Small Finance Bank Merger: A Strategic Move for Growth and Profitability

The merger brings together AU Small Finance Bank's broad customer base and extensive network with Fincare Small Finance Bank's strength in the microfinance sector.
image for article What is an Investment Bank and How Does it Work?

Banking and Savings

What is an Investment Bank and How Does it Work?

Investment banks represent a specialized realm within banking operations, dedicated to procuring funds for both organizations and individuals while providing a spectrum of ancillary services.
image for article How to Save Money to Invest in India

Banking and Savings

How to Save Money to Invest in India

People should save money for a variety of reasons. To begin with, saving money allows you to achieve financial freedom by eliminating debt.
image for article Fixed Deposit Interest Rate in 2022

Banking and Savings

Fixed Deposit Interest Rate in 2022

The fixed deposit interest rate is what banks and other financial institutions provide to their customers. Read more here!
image for article What is Sukanya Samriddhi Yojana?

Banking and Savings

What is Sukanya Samriddhi Yojana?

The Government of India’s Sukanya Samriddhi Yojana is a savings programme designed to improve the lives of girls in India. Read more here!
image for article What is Equity Linked Saving Scheme- ELSS?

Banking and Savings

What is Equity Linked Saving Scheme- ELSS?

A sort of mutual fund scheme known as a Equity Linked Saving Scheme or ELSS invests primarily in the equity market. Read more here!