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Criminal Action Against Wilful Defaulters

A multi-faceted plan is being worked out by both the Government and the Reserve Bank of  India, to put down the wilful defaulters.   Also, an one time settlement strategy is being worked out for some sectors of the economy.    Major NPA was found in the areas of Steel, Power, Infrastructure and Textile Industries.  The various

Criminal Action Against Wilful Defaulters

A multi-faceted plan is being worked out by both the Government and the Reserve Bank of  India, to put down the wilful defaulters.   Also, an one time settlement strategy is being worked out for some sectors of the economy.    Major NPA was found in the areas of Steel, Power, Infrastructure and Textile Industries.  The various

JUMP IN WHOLESALE PRICE INDEX

Both the inflation numbers based on the Consumer Price Index (CPI) as also the Wholesale Price Index (WPI) moved in an upward directly in February as against the previous month.  The WPI index jumped to a 39 month high to 6.55 per cent in February which was 5.25 per cent in January 2017. This otherwise

JUMP IN WHOLESALE PRICE INDEX

Both the inflation numbers based on the Consumer Price Index (CPI) as also the Wholesale Price Index (WPI) moved in an upward directly in February as against the previous month.  The WPI index jumped to a 39 month high to 6.55 per cent in February which was 5.25 per cent in January 2017. This otherwise

Cash Transaction Post Demonetization

“Lot of inconvenience, increase in digital transactions which mannered for over 2 months, standing in long queues and facing lot of inconvenience, Fighting with Bank officials and Tellers, Showing resentment through articles and comments”. – Do these have had effects on Squeezing Cash?   No Cash is back with a vengeance. Coming to know that nothing

Cash Transaction Post Demonetization

“Lot of inconvenience, increase in digital transactions which mannered for over 2 months, standing in long queues and facing lot of inconvenience, Fighting with Bank officials and Tellers, Showing resentment through articles and comments”. – Do these have had effects on Squeezing Cash?   No Cash is back with a vengeance. Coming to know that nothing

LOWEST UPI TRANSACTIONS

The Electronic Payment channel viz Unified Payments Interface (UPI), has shown the lowest in the value of digital transactions which again saw another decline during February 2017.  The NPCI managed payment system was reported to be of Rs. 1,728 crore transactions value in February which was Rs. 1,659 crore in January this year. The notable

LOWEST UPI TRANSACTIONS

The Electronic Payment channel viz Unified Payments Interface (UPI), has shown the lowest in the value of digital transactions which again saw another decline during February 2017.  The NPCI managed payment system was reported to be of Rs. 1,728 crore transactions value in February which was Rs. 1,659 crore in January this year. The notable

FEE ON CASH TRANSACTIONS

HDFC Bank and Axis Bank have come out with the revised charges structure on Cash Transactions.  How will this affect a common man?  Let us see here. An individual, prior to demonetisation,  had not visited his bank branch for over a year.  Thanks to the comforts provided through ATMs, internet banking and debit cards,  which

FEE ON CASH TRANSACTIONS

HDFC Bank and Axis Bank have come out with the revised charges structure on Cash Transactions.  How will this affect a common man?  Let us see here. An individual, prior to demonetisation,  had not visited his bank branch for over a year.  Thanks to the comforts provided through ATMs, internet banking and debit cards,  which