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Latest Stories of Jimit Mahyavanshi
“Hardly Any Room To Review The Action”: RBI Governor Shaktikanta Das On Paytm Probe
| Monday, February 12, 2024, 19:13 [IST]
The Reserve Bank of India's (RBI) probe against Paytm Payments Bank Limited (PPBL) has new updates after the RBI Governor Shanktikanta Das clarified in a press conference in Delhi today that there is hardly any scope for reconsideration of the measures ...
SGB 2023-24 Series IV: Get Cheaper 99.99% Gold At Discount, Offer Ending Soon, Check Maturity & Other Benefits
| Monday, February 12, 2024, 17:15 [IST]
Sovereign Gold Bonds (SGB) are the instruments strongly promoted by the Government of India through the central bank to ensure the general public invests and gains profits from the surging gold demand in India. As per the World Gold Council Report, ...
Basant Panchami 2024 Arrives: Why Vansant Panchami Is An Important Holiday In India?
| Monday, February 12, 2024, 15:56 [IST]
Basant Panchami or Vasant Panchami marks the arrival of the spring season, which begins with the fifth day of the lunar month of Magha, as per the Hindu calendar. Hindus believe that as per the traditions, it takes around forty days ...
SGB 2023-24 Series IV Issue Date Arriving Soon: Get Discounted Price, Check How To Apply Below
| Saturday, February 10, 2024, 18:35 [IST]
Sovereign Gold Bonds (SGB) are one of the safest and risk-free methods of hedging against inflation. The investments in SGB are increasing rapidly as the news reports suggest that in December 2023, some 12.1 tonnes of gold bonds were purchased by ...
RBI Advises Cautious KYC Norms, Notifies New Dos And Don'ts For Account KYC Procedures
| Saturday, February 10, 2024, 15:52 [IST]
The Reserve Bank of India (RBI), recently issued new guidelines for the banking and financial services sector in KYC (Know Your Customer) norms. The scrutiny faced by one of the largest payment banks in India since February has led the regulatory ...
Want To Make EMI Payment Without Credit Cards? Check Debit Card EMI Details and Eligibility Here
| Saturday, February 10, 2024, 11:55 [IST]
There has been a tremendous increase in the post-payment exchange of goods and services with the modern financial system, especially after the credit card introduction to India. Over the years, easy debit card payments and immediate cash withdrawals have omitted multiple ...
Paytm CEO Meets FM Sitharaman Seeking Extension In February Deadline
| Wednesday, February 07, 2024, 12:57 [IST]
On February 6th, the Chief Executive Officer of Paytm had a meeting with India's Finance Minister after the Reserve Bank of India (RBI) ordered the payment bank to freeze operations by the end of February 2024. The company is under regulatory ...
Fintech Ecosystem To Face Consequences? 12 Founders Write Letter To RBI, FM & PMO
| Tuesday, February 06, 2024, 18:18 [IST]
Prominent Founders of MakeMyTrip, Bharat Matrimony, CapitalMind, Innov8, GOQii and PB Fintech have collectively requested the Central Bank of India, Finance Ministry and Prime Minister Modi to review the recent penalties imposed on the payments bank by One97 Communications Ltd. Paytm ...
India Gold Quietly Slides Back At Rs. 63K Range, Should You Buy It For High Returns Ahead?
| Tuesday, February 06, 2024, 15:22 [IST]
The recent report by the World Gold Council indicates that the total gold consumption in India declined by 3% to 747.5 tonnes for 2023. If the gold prices in India stay less volatile then the total demand for the current year ...
Airtel Q3 Earnings: Revenues Up 11.4%, EBIDTA Margin Climbs 11.4% In December Quarter
| Tuesday, February 06, 2024, 11:35 [IST]
Bharti Airtel, India's second-largest telecommunication giant as per customer base declared its earnings for the third quarter of FY24 on 5th February 2024 evening, . As per the official statements, the consolidated company revenue grew 5.9% year-on-year, surging to Rs. 37.900 ...
GNFC, ChennaiPetro And IGL Among State-Owned Stocks With High Dividend Yields
| Monday, February 05, 2024, 17:30 [IST]
Since the allowance of 100 per cent Foreign Direct Investment (FDI) in certain sectors and government-owned corporations last year, there has been an exponential rise in the capital infusion towards government companies in India. The Modi-led BJP government in India have ...
Looking For High Deposit Returns? Check Out The Best Special FD Rates By Small Finance Banks
| Monday, February 05, 2024, 12:07 [IST]
A small finance bank is a registered financial institution with priority sector lending having a capital of at least 200 crores. The decision to enable small finance institutions primarily to financial services for unserved and under-served sections of the population. A ...
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