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Legal Update

RBI on Compromise Settlement and Technical Write-offs

The Reserve Bank of India has issued various instructions to regulated entities (REs) regarding compromise settlements in respect of stressed accounts from time to time.

Know Your Bank

Indian banks are striving to hands-on QR code

Post-pandemic, the way of transactions has changed a lot. Earlier cash was a dominating factor which is now no more due to cashless transaction facilities.

Invest in Yourself

Tips to manage stress in day-to-day life

Stress is a common problem in day-to-day life. It can affect our mental and physical health, as well as our productivity and relationships. But how

FIIBS Talk

How to increase the return you receive on your savings account

Recently, Kotak Mahindra Bank introduced its ActivMoney feature, which allows clients to benefit from interest rates similar to fixed deposits (FDs) of up to 7%

Credit Funda

How to maintain a sound credit profile and ensure the accuracy of your credit report

When you apply for any form of credit – a loan or a credit card, financial institutions or banks assess your credit report from any

Chartered's Desk

Know the benefits of filing an income tax return

The last date for filing an income tax return (ITR) for FY 2022-2023 is 31st July 2023. However, many people think that they do not

Business Success Mantra

What is venture capital and How does it work for a start-up?

Venture capital is a type of financing that is provided to start-up companies or early-stage businesses that have the potential for high growth. It is

Whistle Blower

Banks and payment service providers notify RBI of Rs 1,750 crore in payment fraud in 7 months.

Although online transactions have increased significantly over the past few months, banks and payment processors recorded online payment fraud of Rs. 1,750 crores in the

Voice & Views

Revised bank locker guidelines 

Customers of the State Bank of India (SBI) may have noticed messages in recent days pushing them to sign updated locker agreements. “Dear Customer, please

Know Your Bank

HDFC and HDFC Ltd Merger

Just 4-5 weeks away, the HDFC-HDFC Bank Ltd merger will result in a lower net interest margin (NIM) for the institution this year, brokerages said,