Category: Finance

Finance
Coronavirus Pandemic: UN Calls It Worst Human Crisis Since Second World War, Asks To Get Ready For The Worst Recession

Coronavirus Pandemic: UN Calls It Worst Human Crisis Since Second World War, Asks To Get Ready For The Worst Recession

Antonio Guterres, Secretary-General of the United Nations (UN) warns that the world is facing its most challenging crisis since the Second World War and if strict actions are not taken thing will get out of…

Finance
WhatsApp Banking Launched By ICICI Bank: Read How To Use Commands

WhatsApp Banking Launched By ICICI Bank: Read How To Use Commands

One of India’s largest lender, ICICI Bank, today announced that it is making its banking services available on WhatsApp so its retail customers can undertake a slew of banking needs right from their home at…

Finance
Centre Takes Steps To Help The People In Both Urban And Rural Areas Affected By Lockdown

Centre Takes Steps To Help The People In Both Urban And Rural Areas Affected By Lockdown

In the middle of an unprecedented lockdown to contain the spread of Coronavirus pandemic which has been declared a pandemic by the World Health Organisation (WHO), the Government of India has said that it will…

Finance
Coronavirus Pandemic: Union Finance Minister Announces Relief Package

Coronavirus Pandemic: Union Finance Minister Announces Relief Package

The Union Finance Minister (FM) of India, Nirmala Sitharama announced an 8 point relief package on Tuesday which includes the waiver of penalties and late fee, decreased interest on delayed tax payments and also extension…

Finance
PAN–Aadhaar Linking To Be Done By 31st March, Can Be Done Offline: See How

PAN–Aadhaar Linking To Be Done By 31st March, Can Be Done Offline: See How

The Income Tax (IT) Department of India, today, asked all the Permanent Account Number (PAN) holders to link their 10 digit alphanumeric number with their Aadhaar card before the 1st of April 2020. Entities who…

Finance
SBI Card Exchanges At Around 13% Discount Today

SBI Card Exchanges At Around 13% Discount Today

SBI Card IPO: Making a strong IPO (Initial Public Offering), the SBI Card was the biggest IPO in more than year in India with subscription going 22 times the original shares. However, making a debut,…

Finance
Reserve Bank Of India Asks State Governments To Keep Their Deposits In Private Banks

Reserve Bank Of India Asks State Governments To Keep Their Deposits In Private Banks

The Reserve Bank of India (RBI) is asking the state governments that they shall not transfer their deposits from the Private Sector Banks on accounts of worry over the safety of their deposits as it…

Finance
State Bank Of India And 3 Other Government Owned banks Get New Managing Directors, See Impact On Share Price

State Bank Of India And 3 Other Government Owned banks Get New Managing Directors, See Impact On Share Price

On Monday, the government appointed new heads of four large government owned banks. These new heads will serve as the Managing Directors (MDs) for 3 years. Challa Sreenivasulu Setty has been appointed as the new…

Finance
Yes Bank Share: Morgan Stanley Cuts Price Target

Yes Bank Share: Morgan Stanley Cuts Price Target

The America based, global financial and investment banking services company, Morgan Stanley, says that the current calendar year – 2020 – will more or less be like the previous year and the big banks will…

Finance
Yes Bank still ‘discussing’ SPGH and Braich’s $1.2 billion offer, Citax’s $ 500 million bid is being considered

Yes Bank still ‘discussing’ SPGH and Braich’s $1.2 billion offer, Citax’s $ 500 million bid is being considered

Yesterday, on Tuesday, Yes Bank said that the board is favourably considering the offer submitted by Citax Holdings and Citax Investment Group of $ 500 million. Yes Bank said that the final decision for allotment…

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