The past couple of years have seen payments industry make tremendous strides in India. From the introduction of debit and credit cards to awareness regarding online banking, and now to the adoption of mobile wallets and contactless cards: the industry, it seems, is coming of age. Several banks have issued contactless cards, with ICICI Bank […]
Savings accounts are offered by scores of public sector banks, private sector banks, multinational banks, co-operative banks and regional rural banks. Many of these banks, mostly private and nationalized, offer various types of saving accounts to suit different individual needs. As banks package these accounts with attractive offerings and services, we offer you some key […]
Some people restrict the number of credit cards they own to just one as they feel that multiple cards will lead to unnecessary expenditure and increase in credit card debt. But this holds true for people who are not financially disciplined. If you are not a spendthrift, you should not limit yourself to just one […]
Advik, a trainee engineer, decided to transfer Rs. 15,000 online to his sister Kayra’s account on her birthday. He added Kayra to the beneficiary list and executed the transaction. Advik was expecting a happy call from Kyra but got anxious as he did not receive any response for two days. When he called her to know the reason, he was shocked to know that Kayra never received the money
To increase gold investment options for Indians, the cabinet had recently approved the gold monetization and gold bonds schemes announced in this year’s budget. And now, going a step further, the government of India (GOI) is planning to launch gold coins on 2nd October on the occasion of Gandhi Jayanti. By launching these coins on […]
The State Bank of India (SBI), the country’s largest bank, has rolled out a new credit card— SimplyCLICK which targets people who shop online. In its sequence of e-initiatives, after the launch of the mobile app — State Bank Buddy— the bank has now come up with this credit card to strengthen its connections with […]
Skoda Auto India launched Octavia Anniversary Edition, a limited edition of premium sedan Octavia, priced at Rs 15.75 lakh (ex-showroom Delhi) on 14 September 2015. The company’s official statement noted, “The Octavia Anniversary Edition comes with ‘smartlink connectivity’ for the first time in the Indian market”. The SmartLink function will let smartphones seamlessly connect to […]
Mahindra & Mahindra, the full-fledged SUV manufacturer, has launched the toughest car — TUV300. It is a 4-meter compact SUV with a seven-seater capacity. It is the most affordable automatic SUV with price ranging from Rs 6.50 lakh to Rs 8.50 lakh. TUV 300 comes in three variants T4, T6 and T8 and will be […]
Often people run out of funds, especially when they have an important event of life coming up for which they need money. Be it a child’s college fee, their marriage, or most unexpected – a sudden accident or illness. At such times, people turn to banks for loans. To borrow a loan, you must have […]
The cabinet has approved the gold monetisation scheme and gold bond scheme, which were announced by the finance minister in his Budget 2015-16. As India is the biggest importer of gold, the two schemes aim to curb the metal’s demand which is putting pressure on India’s current account. After the cabinet meeting, Arun Jaitley said, […]
