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Get Ready To Call Him Banker DeStefano by Paul Bass May 21, 2013 12:00 pm Please enter the word you see in the image below: After 20 years running City Hall, John DeStefano plans to move into an office a mile west on Whalley Avenueto help run a
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Many individuals are waking up to the charm of humble bank deposits. According to investment consultants, several investors, especially those in the lower tax slabs, have started to find the higher interest rates of 6 to 7% offered by some banks on
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The Hindu When Pratip Chaudhuri completed one year in April this year as Chairman of State Bank of India (SBI), his leadership came in for praise from none less than the then Finance Minister Pranab Mukherjee. A man who with his observations has
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The government has asked state- owned banks to ensure one account per family to facilitate direct transfer of subsidy under 32 central schemes. In a communication to the public sector banks , the Department of Financial Services in Finance Ministry
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RBI today asked banks to drop the 'no-frills' tag from the basic saving accounts as the nomenclature has become a stigma. RBI today asked banks to drop the 'no-frills' tag from the basic saving accounts as the nomenclature has become a stigma. It has
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More than 94% of employees in India do not report income from other sources...There are approximately 3.5 crore individual assesses who filed their ITR last year. "With 94% not reporting their income from other sources, it comes to 3.3 crore assesses.
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The Reserve Bank wants larger banks to come out with customer-friendly interest rate policies following the deregulation of savings bank rate like their smaller counterparts in the private sector. Since the deregulation of the rate last year, said
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Concerned over the lack of transparency in bank lending rates, Reserve Bank Governor D Subbarao today said the central bank has set up a working group to address the issue. "One problem that has persisted even after the introduction of the base rate
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The bank will not levy any charge for breaching minimum balance criteria. The facility is available to existing customers also, SBI said in an advertisement. For the normal SBI savings account with cheque book facility, a customer had to maintain a
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Graham Turner for the Guardian A new UK-based online savings bank has opened for business, and is positioning itself as offering "a real alternative to the high-street banks". GE Capital Direct , which is part of GE Capital , a leading provider of
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