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Curbs On Paytm Payments Bank Services: What Happens To Your Money Now
In a major blow to Paytm Payments Bank Limited, an associate of Paytm, the RBI on Wednesday ordered the lender to stop accepting deposits or top-ups in any customer accounts, wallets, FASTags and other prepaid instruments.
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Banks To Allow Premature Withdrawal On Term Deposits Of Up To 1 Crore: RBI
The Reserve Bank on Thursday said banks will have to offer premature withdrawal facility on all term deposits of up to Rs 1 crore, raising the limit from Rs 15 lakh currently.
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After Mega Merger Today, HDFC Bank Will Have Assets Of Rs 18 Lakh Crore
Housing finance major HDFC will merge with its subsidiary HDFC Bank on Saturday as their respective boards have cleared the proposal on Friday.
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Netflix Bites Restaurant to Open in Los Angeles Serving Food From Chef’s Table, Nailed It! and More
Netflix is opening a restaurant in Los Angeles, in an effort to expand beyond the streaming and mobile gaming space. The place is called Netflix Bites and will serve dishes from their original shows including Chef’s Table, Is It Cake, and Iron Chef: Quest for an Iron Legend. It opens June 30 in Los Angeles — for a limited time — and requires ...
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Rs 2,000 Notes To Be Withdrawn. What To Do If You Have Them: 5 Points
The central bank will withdraw from circulation the high-value Rs 2,000 note, which was introduced in November 2016 just after demonetisation. People can exchange or deposit their Rs 2,000 notes between May 23 and September 30.
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Bajaj Finance's Fixed Deposit Rates Increased Up To 25 Basis Points
For terms between 12 months and 24 months, Bajaj Finance is raising interest rates by up to 25 bps in an effort to entice more investors to choose this alluring investment choice.
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Central Bank Digital Currency Transactions to Remain Anonymous 'To a Certain Degree': RBI
Central bank digital currencies (CBDC) transactions would remain anonymous to a certain degree, Reserve Bank of India Deputy Governor T Rabi Sankar said on Wednesday. The IT department allows cash transactions up to a certain limit to be carried out without government ID proof, but the RBI is yet to clarified the degree to which CBDC transactions w...
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Santander UK Limits Crypto Transfers to Exchanges in Bid to Safeguard Customers
One of the leading banks in the UK, Santander bank has been embarking to stop its customer’s access to crypto trades from the start of 2023. The bank will work on these measures in a phased manner starting from November 15 till the start of 2023.
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Swadeshi Jagran Manch Pushes for Limits on Entry Fees for Online Games, Plans to Approach Government
The Swadeshi Jagran Manch has said it will approach the government to push for limits on paid online games' entry fees. The move comes amid attempts by the industry in the country to lobby against stringent rules recommended by a government panel that calls for a new regulatory body, along with deposit and withdrawal limits.
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Paying Cash Over The Limit At Hospitals, Banquet Halls, Can Land You In Trouble
Accepting Rs 20,000 or more in cash for a loan or deposit is prohibited, and such transactions must be done through banking channels.
-
Retirement Fund Body EPFO To Increase Equities' Investment Limit To 20%: Report
Retirement fund body EPFO is likely to approve this month a proposal to enhance its investments in equites to up to 20 per cent of the investible deposits from the current limit of 15 per cent.
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For Cash Deposits Of Over Rs 20 Lakhs In A Year, Change In Rules
Depositing more than Rs 20 lakh a year, one will now need to present their PAN details as well as their Aadhaar card mandatorily.
-
Salary Limit May Increase To Rs 21,000 For Retirement Benefits Under EPF (Employee Provident Fund)
While the EPF is a lifetime deposit, there are provisions to withdraw money from the EPF early as well.
-
Kotak Mahindra Bank Raises Fixed Deposit Rates By Up To 0.35%
Kotak Mahindra Bank Limited (Kotak) on Thursday announced an increase in interest rates on fixed deposit across multiple tenor baskets for its retail customers by up to 0.35 per cent.
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Binance Limits Services In Russia After EU Sanctions
Binance announced that it is limiting services for Russian nationals in light of the European Union's (EU) latest sanctions against Russia. Users won't be able to deposit or trade, but withdrawal will be permitted.
-
Curbs On Paytm Payments Bank Services: What Happens To Your Money Now
In a major blow to Paytm Payments Bank Limited, an associate of Paytm, the RBI on Wednesday ordered the lender to stop accepting deposits or top-ups in any customer accounts, wallets, FASTags and other prepaid instruments.
-
Banks To Allow Premature Withdrawal On Term Deposits Of Up To 1 Crore: RBI
The Reserve Bank on Thursday said banks will have to offer premature withdrawal facility on all term deposits of up to Rs 1 crore, raising the limit from Rs 15 lakh currently.
-
After Mega Merger Today, HDFC Bank Will Have Assets Of Rs 18 Lakh Crore
Housing finance major HDFC will merge with its subsidiary HDFC Bank on Saturday as their respective boards have cleared the proposal on Friday.
-
Netflix Bites Restaurant to Open in Los Angeles Serving Food From Chef’s Table, Nailed It! and More
Netflix is opening a restaurant in Los Angeles, in an effort to expand beyond the streaming and mobile gaming space. The place is called Netflix Bites and will serve dishes from their original shows including Chef’s Table, Is It Cake, and Iron Chef: Quest for an Iron Legend. It opens June 30 in Los Angeles — for a limited time — and requires ...
-
Rs 2,000 Notes To Be Withdrawn. What To Do If You Have Them: 5 Points
The central bank will withdraw from circulation the high-value Rs 2,000 note, which was introduced in November 2016 just after demonetisation. People can exchange or deposit their Rs 2,000 notes between May 23 and September 30.
-
Bajaj Finance's Fixed Deposit Rates Increased Up To 25 Basis Points
For terms between 12 months and 24 months, Bajaj Finance is raising interest rates by up to 25 bps in an effort to entice more investors to choose this alluring investment choice.
-
Central Bank Digital Currency Transactions to Remain Anonymous 'To a Certain Degree': RBI
Central bank digital currencies (CBDC) transactions would remain anonymous to a certain degree, Reserve Bank of India Deputy Governor T Rabi Sankar said on Wednesday. The IT department allows cash transactions up to a certain limit to be carried out without government ID proof, but the RBI is yet to clarified the degree to which CBDC transactions w...
-
Santander UK Limits Crypto Transfers to Exchanges in Bid to Safeguard Customers
One of the leading banks in the UK, Santander bank has been embarking to stop its customer’s access to crypto trades from the start of 2023. The bank will work on these measures in a phased manner starting from November 15 till the start of 2023.
-
Swadeshi Jagran Manch Pushes for Limits on Entry Fees for Online Games, Plans to Approach Government
The Swadeshi Jagran Manch has said it will approach the government to push for limits on paid online games' entry fees. The move comes amid attempts by the industry in the country to lobby against stringent rules recommended by a government panel that calls for a new regulatory body, along with deposit and withdrawal limits.
-
Paying Cash Over The Limit At Hospitals, Banquet Halls, Can Land You In Trouble
Accepting Rs 20,000 or more in cash for a loan or deposit is prohibited, and such transactions must be done through banking channels.
-
Retirement Fund Body EPFO To Increase Equities' Investment Limit To 20%: Report
Retirement fund body EPFO is likely to approve this month a proposal to enhance its investments in equites to up to 20 per cent of the investible deposits from the current limit of 15 per cent.
-
For Cash Deposits Of Over Rs 20 Lakhs In A Year, Change In Rules
Depositing more than Rs 20 lakh a year, one will now need to present their PAN details as well as their Aadhaar card mandatorily.
-
Salary Limit May Increase To Rs 21,000 For Retirement Benefits Under EPF (Employee Provident Fund)
While the EPF is a lifetime deposit, there are provisions to withdraw money from the EPF early as well.
-
Kotak Mahindra Bank Raises Fixed Deposit Rates By Up To 0.35%
Kotak Mahindra Bank Limited (Kotak) on Thursday announced an increase in interest rates on fixed deposit across multiple tenor baskets for its retail customers by up to 0.35 per cent.
-
Binance Limits Services In Russia After EU Sanctions
Binance announced that it is limiting services for Russian nationals in light of the European Union's (EU) latest sanctions against Russia. Users won't be able to deposit or trade, but withdrawal will be permitted.
