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SBI or State Bank of India processes transactions worth more than Rs 27,000 crore in a day through its internet banking platform. This was said by the country's largest bank SBI on microblogging site Twitter. Currently, SBI provides internet banking
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According to the RBI, cash credit is by far the most popular mode of working capital financing.

In a move to enhance credit discipline among larger borrowers, the RBI on Monday proposed a "minimum level of loan component" of 40 per cent for borrowers
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Insurance coverage repositories keep the policies in digital or demat type like company shares. CHENNAI: Insurance repositories are seeing increased service volume in the previous 6 months however there is a long method to go, said a leading authorities of CAMS Insurance
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Fixed deposits are a one-time investment but recurring deposits require periodical contributions.

Post offices across the country offer the option of opening savings accounts, recurring deposits (RDs) and fixed deposits (FDs). The largest lender of the
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The RBI fixed reference rate for dollar at 67.3353 and for the euro at 79.5230.

Snapping two consecutive sessions of decline, the rupee today staged a recovery to close 8 paise higher at 67.42 against the US currency on fresh bouts of dollar selling by exporters and corporates. Weakness in US dollar amidst

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IndiGo recently also introduced 20 new flights across its domestic network.

Budget carrier IndiGo has introduced Tuticorin as its 53rd destination, informed a tweet posted by the airline on its handle- @IndiGo6E. The carrier with its 10th ATR aircraft
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Advance tax deadline: Quoting of your PAN is mandatory while filing income tax returns.

June 15 is the last date to pay the first instalment of advance income tax. Days ahead of the advance income tax deadline, the Income Tax Department reminded the
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According to IRCTC, high-speed WiFi is available at more than 675 stations.

IRCTC (Indian Railway Catering and Tourism Corporation) has recently come up with a host of new initiatives for the convenience of passengers of Indian Railways. This includes m
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SBI's corporate salary package offers demat and online trading account at the time of on-boarding.

SBI (State Bank of India) offers an entire range of salary accounts according to one's needs. "The SBI corporate salary package is the efficient salary
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ICICI Bank CEO Chanda Kochhar is facing allegations of conflict of interest in the Videocon loan case

With respect to reports that ICICI Bank was under the scanner of the US markets regulator, the third-biggest lender by assets has said that it has not
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The benefits of all prepaid recharge plans of Reliance Jio have increased overtime.

Reliance Jio, the telecom company led by Mukesh Ambani, is offering prepaid recharge plans of various data benefits. Basically, there is something for everybody in
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Kolkata: State-run Allahabad Bank, which referred 65 stressed accounts involving around Rs 12,566 crore to the National Company Law Tribunal (NCLT) for IBC resolution during last fiscal, is focusing on recovery and rebalancing its loan book with emphasis on small, micro, agriculture and retail advances.

The lender also said the number of "wilful

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Bad ideas keep returning to the corridors of power in New Delhi with the unfailing regularity of migratory birds. This year is no exception. According to media reports, some kind of a state-blessed asset manager to take over the distressed assets of Indian lenders is being considered again.

The proposal to set up a b

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Users must keep an eye on debit card usage regularly.

Debit card holders must follow good card practices and enjoy electronic transactions with ease, said State Bank of India (SBI) on its official twitter handle- @TheOfficialSBI. These debit card
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Several banks have announced marginal hikes in their MCLR or marginal cost of fund-based lending rates so far this month. MCLR is the key rate below which a bank cannot lend. State-run banks SBI (State Bank of India) and PNB (Punjab National Bank) and
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The earlier date of bid submission was June 14.

MUMBAI: Fortis Healthcare (FHL) on Monday said that it has extended the deadline for submission of binding bids to June 28.

On June 1, FHL had said that it will consider the bids of four suitors -- Hero

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The country's monthly diesel sales have averaged 7.05 million tonnes in 2018.

Country's domestic sales for diesel and gasoline rose to record highs in May, pushing the country's overall fuel consumption for the month higher year-on-year, data from the
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A total of 92% of CEOs polled expect further increase in consumption demand during 2018-19.

A majority of top CEOs is bullish on economic growth prospects, hoping that the gross domestic product (GDP) will be over 7 per cent in 2018-19, a survey has
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Petrol, diesel prices today: Any revisions in rates are effected at fuel stations with effect from 6 am

Petrol and diesel prices today were cut by 15 paise per litre and 10-11 paise per litre. Tuesday marked the 14th straight reduction in the price of
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One year subscription to Amazon Prime membership is also bundled with the plan.

Bharti Airtel is offering Samsung Galaxy S9 on its online store with down payment of Rs 6,490, said the Sunil Mittal-owned telecom operator on microblogging webiste --
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AirAsia offers: Both sales on flight tickets are valid till June 17, 2018.

AirAsia India is offering up to 50 per cent discount on return flight tickets on domestic routes. Separately, it has extended its 'Grand Sale' under which it is offering
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Stock markets in Asia were choppy as an historic US-North Korea summit got underway in Singapore.

The domestic equity markets extended their gains on Tuesday ahead of key macroeconomic data scheduled to be released later in the day. At 10:32 am, the
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Gold prices declined by Rs 100 in Delhi on Monday amid steadiness in international rates. A fall in demand from local jewellers pulled domestic gold prices lower, according to traders. With the decline of Rs 100, gold prices came below the key level
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Petrol and diesel prices today: The rates were at Rs 76.58/litre and Rs 67.95/litre in Delhi respectively

Petrol and diesel prices today were decreased in Delhi, Kolkata, Mumbai and Chennai. While Monday's reduction was in the range of 19-21 paise per
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#VistaraFlyEarly is applicable on direct flights only.

Vistara airline has announced a new option that allow passengers to take a prior flight on reaching airport up to 4 hours before scheduled flight at a nominal fee of Rs 2,500, said the carrier in a
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The Nifty PSU bank index got as much as 1.9 percent to a two-month high. S-P BSE Sensex gained 39.80 points or 0.11 per cent and closed at 35,483.47 on Monday while NSE Nifty gained 19.30 points or 0.18 percent and closed at 10,786.95. Stock exchange ended favorable today for second session.The Nifty PSU
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Oil prices hit a 3-1/2-year high last month.

BENGALURU: Retail inflation jumped further in May to a four-month high, primarily driven by a surge in energy prices, according to a Reuters poll of economists, suggesting more policy tightening from the
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'Menu on Rail' will also show pre-booked food items for Shatabdi, Rajdhani and Duronto trainsNew Delhi: Anxious about overcharging by train caterers Passengers can now check the optimum retail price (MRP) of food products on IRCTC's newly-launched Menu on Rail application and make certain that they are not taken for a flight. The application was
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During the course of a year, you can secure as many as 30, 45 or 60 days.

Every time one travels abroad, insurance experts often advise that people should buy travel insurance policies. You might meet with an accident, lose your luggage or passport,
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The S-P 500 futures were down 0.1% after dropping as much as 0.3%.

The S-P BSE Sensex opened the week on Monday on a positive note. At 9:55 am, the 30-share pack was at 35,602.27, up 158.60 points or 0.45 per cent while the broader Nifty50 was
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