Indian Overseas Bank waives penal charges for minimum average balance. This applies to savings accounts with immediate effect. The Chennai-based bank aims to provide relief to customers. This decision makes banking easier for account holders. It reflects a commitment to…
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According to data from NPCI, UPI processed 19.63 billion transactions in September, compared with 20.01 billion in August. The total value of transactions rose marginally to Rs 24.90 lakh crore from Rs 24.85 lakh crore a month earlier.
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CFOs applaud RBI’s second consecutive repo rate pause at 5.50%, citing GST reforms, stable interest rates, and strong GDP growth as key drivers of long-term investment confidence. Will businesses accelerate capital spending? How will inflation and global uncertainties influence strategies?…
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Finance Minister Sitharaman advocated for wider NPS coverage for informal and gig workers, stronger pension security for women, and early financial literacy. She emphasized fiscal sustainability and proposed “pension sakhis” to boost awareness. These reforms aim to strengthen retirement security…
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TCS has sued SpiceJet in the Delhi High Court for ₹2.34 crore in unpaid tech bills for SAP S/4 HANA services provided until 2023. The budget airline allegedly refused to pay since 2020, ignoring requests and mediation efforts. The court…
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Capital markets regulator Sebi launched two new initiatives. These are validated UPI Handles and SEBI Check. The tools aim to strengthen investor payment security. They prevent fraudulent fund collections. Validated UPI handles identify legitimate intermediaries. SEBI Check allows investors to…
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