One of the many top world service providers has raised concerns about the feasibility of creating recurring funds with obligatory tokens as of October 1, including Netflix, Microsoft, Spotify and Disney Hotstar....
In an announcement recently, India's largest lender, State Bank of India (SBI), announced that mobile fund transfers will no longer be charged SMS fees. SBI informed that users can now conveniently transact...
The World Bank said on Thursday, the world may be edging toward a global recession as central banks across the world simultaneously hike interest rates to combat persistent inflation.
The bank said in...
In order to ensure that professionals representing bankrupt companies are adequately compensated, the Insolvency and Bankruptcy Board of India (IBBI) has prescribed minimum fee slabs for resolution professionals.
Resolution professionals(RP) are enrolled with...
To senior citizens whose children live abroad The Reserve Bank of India has given a good news. As the problem that senior citizens living in India and having NRI children face issues...
Foreign exchange is a legal business that needs to be governed like any other. However, some criminals use the lack of a centralized exchange and commit fraud on merchants. Such scams are...
In partnership with National E-Governance Services Limited (NeSL), HDFC Bank, India's largest private sector bank, issued the country's first Electronic Bank Guarantee (e-BG).
Using the new electronic bank guarantees, the paper-based, time-consuming process...
An official with the Asian Development Bank (ADB) has said that the bank will increase its partnerships with India and support the country's development priorities for inclusive growth.
Asian Development Bank (ADB) Vice-President...
The Dharwad District Consumer Grievance Redressal Forum fined a State Bank of India branch in Karnataka Rs. 85,177 after failing to recognize a Kannada numeral on a check.
Vadirajacharya Inamdar issued an SBI...
The Minister of Finance Nirmala Sitharaman stated on Thursday that in order to stabilize the inflation rate, the Reserve Bank must be better coordinated with fiscal policy.
Inflation management cannot be singularly left...
