Banking

Non Performing Assets: Any amount which is withdrawn from any financial institution in any form such as loan or credit it has to be paid in given time period as stipulated in the contract. If the payment is not made in such stipulated period then it will result in non performing asset. The details of […]

Transfer money from Paytm wallet to bank account Paytm wallet has come out as a very strong competitor among other existing electronic wallet apps in India. Within a very short time, Paytm has become one of the top 10 mobile wallet apps in India. You can transfer money from Paytm Wallet to bank account directly

The total insurance penetration in India standing at just 3.49%, according to the 2018 Economic Survey. Of that amount, 2.72% can be put in to life insurance basket. However, the India Brand Equity Foundation (IBEF) had reported earlier that the life insurance industry will grow by 12% — 15% annually over the next five years. selling life

State Bank of India basics starts in the first decade of the 19th century when the Bank of Calcutta later renamed the Bank of Bengal, was established on 2 June 1806. The Bank of Bengal was one of three Presidency banks, the other two being the Bank of Bombay (incorporated on 15 April 1840) and

NRO Account ( What is NRO account? ) A Non-Resident Ordinary Saving Bank Account (NRO Account) is for NRIs to manage/invest their Indian earnings on non-repatriation basis. The funds in an NRO account are repatriable with certain rules and limits by the RBI. An NRO bank account is an ordinary saving bank account opened for

NRE Account A Non-Resident External Saving Bank Account (NRE Account ) is for NRIs who want to invest their foreign earnings in India on a repatriation basis. An NRE bank account is an external saving bank account opened by Non-resident Indians (NRIs). This is the principal it is called the Non-Resident External (NRE) account. As

Voluntary deductible is a common used car insurance terminology. It is the amount that the insured individual agrees to pay for future repairs of his car, in the event of a crash. It is mandatory for the policyholder to pay the amount before the insurer contributes to the rest of the claim value. Apart from

Credit Advice by RBI The Reserve Bank of India today said that the banking system is better placed than before in managing stress in their balance sheet in view of higher capital buffers, improvement in recoveries and return to profitability. The central bank said, however, that the removal of the Supreme Court’s standstill on recognition of bad loans

Deposit money online in PPF account How to open a post office PPF account? The post office normally offers close to 10 types of savings schemes including the Public Provident Fund (PPF) and most of the schemes provide the benefit of a tax rebate under Section 80C of the Income Tax Act. You need to visit