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By Supreme Court: Mismatch sign on cheques can sent you to jail

By Supreme Court: Mismatch sign on cheques can sent you to jail

A Supreme Court bench of justices T S Thakur and Gyan Sudha Mishra set aside the verdict of Gujarat High Court which had held that criminal proceedings for dishonouring of…

Accept advance income tax: RBI & 926 branches of banks

Accept advance income tax: RBI & 926 branches of banks

The Reserve Bank and 926 branches of public and private banks will accept advance income tax in Mumbai and Navi Mumbai.These arrangements have been made for the convenience of the…

A Survery of KPMG : Corporate Frauds Rising in India

A Survery of KPMG : Corporate Frauds Rising in India

As per the India Fraud Survey Report 2012 released by KPMG, around 75 percent surveyed corporate in India believed that the incidences of fraud were on rise.The report indicated that…

Foreign bank threatens New India Assurance :Close thier accounts

Foreign bank threatens New India Assurance :Close thier accounts

A foreign bank had threatened to close down the account of New India Assurance Ltd if it did not stop providing insurance cover to ships ferrying oil from Iran. The…

Cyber Monday like e-shopping sale in India: Planned by Citi Bank

Cyber Monday like e-shopping sale in India: Planned by Citi Bank

  India may soon have its own version of Cyber Monday, when billion dollar worth products are sold online at heavy discounts within a day,with Citibank planning a similar mega…

Home,Education loan rates cuts by Union Bank

Home,Education loan rates cuts by Union Bank

Union Bank of India has reduced interest rates on home loans above Rs 30 lakh by 25 basis points and is now offering the home loans up to Rs 75 lakh…

RBI sets up technical committee: to review presentation of accounts

RBI sets up technical committee: to review presentation of accounts

The RBI has constituted a technical committee to review the form of presentation of its balance sheet and profit and loss account. The committee will also review the style and content…

A tie-up with Shamrao Vithal Co-operative Bank: Bajaj Allianz

A tie-up with Shamrao Vithal Co-operative Bank: Bajaj Allianz

Shamrao Vithal Co-operative Bank has renewed its tie up with Bajaj Allianz Life Insurance Company,one of India’s leading private life insurers, for the second consecutive term.The wide range of product…

Access your bank account: Just dialing *99#

Access your bank account: Just dialing *99#

Checking your bank balances or placing a request for a cheque book has been made as simple and hassle free as dialling *99# from your mobile.Just dial *99# from your…

If cash shortage persists: RBI take steps

If cash shortage persists: RBI take steps

The central bank can go for open market purchases of bonds if needed.Liquidity has tightened in the banking system and is beyond the RBI’s stated comfort zone, mainly due to…