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Declaration of dividends by banks: Restricted

Banks in India have been granted general permission to declare dividends, subject to compliance with the guidelines laid out in terms of circular DBOD.NO.BP.BC.88/ 21.02.067/2004-05 dated...

Electronic Cards for Overdraft Accounts

Please refer to Para II.2 of ‘Master Circular on Credit Card, Debit Card and Rupee Denominated Co-branded Pre-paid Card Operations of Banks and Credit Card issuing...

Finmin likely to announce second stimulus package for country on Friday

Several  rounds of discussions have been held within the government, after which Finance Minister Nirmala Sitharaman is likely to announce this week most likely on Friday a...

Time to make an investment in Gold funds

Wishes for the Akshay Tritya. It has been our tradition to make an investment in Gold/ Gold ornaments on the auspicious occasion of Akshay Tritya....

Coronavirus: Convalescent Plasma Therapy: A ray of hope?

The terrible figure of around 25 lac detected cases and over 165,000 deaths all over the world due to  coronavirus infections, the world seems to have...

Good News for ATM Card Holders

The Finance Minister in her previous announcements, related to measures taken up to deal with the impact of Covid-19, had announced that all the Banks...

FILLING OF INCOME TAX RETURNS FOR FY- 2019-20

As due to Covid-19, a number of  Assessees could not make Tax Saving Investments well in time i.e. upto 31st March, 2020 and accordingly the...

Banking stocks to remain in limelight

It is after the RBI policy that Banking stocks will remain in focus as they are likely to benefit the most from the measures announced...