India’s lower-middle class is moving from borrowing for survival toward borrowing for advancement, signalling a decisive cultural shift in credit behaviour, according to the seventh edition of Home Credit India’s annual How India Borrows (HIB) study.
The Hinduja Group has expressed keen interest in investing across key sectors in Uttar Pradesh.
Over 25 crore workers in key sectors such as banking, insurance, postal services, and coal mining are expected to join 'Bharat Bandh' on Wednesday following which public services will get impacted across the country.
In a customer-friendly move, the Canara Bank on Sunday officially scrapped the penalty for not maintaining a minimum balance in savings accounts starting June 1.
In an important ruling, the Supreme Court said on Wednesday that the access to digital KYC (Know Your Customer) to avail of online services, including banking, is a fundamental right intrinsic to Article 21 of the constitution, of the persons with disabilities, especially facial/eye disfigurements due to acid attacks and visual impairments.
The top gainers on the Sensex so far were ITC, Asian Paints and Bharti Airtel, while the major losers were Axis Bank, Kotak Mahindra Bank and Sun Pharmaceutical Industries
If we want to have financial inclusion in real sense Banking has to be treated as a basic infrastructure like health, primary education, roads, electricity and drinking water.
It opened at 52,432.88, and has touched an intra-day high of 52,465.03 and a low of 52,307.99 points
NSE Nifty climbed over 167 points to reclaim the key 14,500-level during the day but surrendered all its gains to the end.
Fifty-two years after the nationalisation of banks, the contentious issue is privatisation of two banks, as proposed in the Budget 21-22, that was presented in the Lok Sabha on February 1 by finance minister Nirmala Sitharaman.
