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PAYTM Payment Bank Launch

It is true… Paytm is launching its payments bank on 23rd May 2017. More than a year has passed, Paytm which was unable to launch its payments bank is launching the banking services from 23rd May 2017.  The CEO Ms. Shjinjini Kumar who was chosen for the post could not join and Ms. Renu Satti

PAYTM Payment Bank Launch

It is true… Paytm is launching its payments bank on 23rd May 2017. More than a year has passed, Paytm which was unable to launch its payments bank is launching the banking services from 23rd May 2017.  The CEO Ms. Shjinjini Kumar who was chosen for the post could not join and Ms. Renu Satti

Participatory Notes on IT scanner

Participatory notes are not used within the country. They are used outside India for making investments in shares listed in the Indian stock market. Foreign investment in India is categorized as: Foreign direct investment (FDI) and Investment made by foreign institutional investors (FIIs). Here, in the above cases, foreign money enters the Indian markets, paving

Participatory Notes on IT scanner

Participatory notes are not used within the country. They are used outside India for making investments in shares listed in the Indian stock market. Foreign investment in India is categorized as: Foreign direct investment (FDI) and Investment made by foreign institutional investors (FIIs). Here, in the above cases, foreign money enters the Indian markets, paving

New NPA Policy

NPAs in Banks amounting to over 6 lakh crores, would soon get reduced with the new policy being put in place, which expects President’s clearance. What is coming up? The frame work has to go ahead with an amendment in the Banking Regulations Act. This means Reserve Bank of India and its committees will be

New NPA Policy

NPAs in Banks amounting to over 6 lakh crores, would soon get reduced with the new policy being put in place, which expects President’s clearance. What is coming up? The frame work has to go ahead with an amendment in the Banking Regulations Act. This means Reserve Bank of India and its committees will be

BANKING TITBITS 1

1. PARLIAMENTARY PANEL CALLS URJIT PATEL: The Parliamentary committee  has asked the RBI Urjit Patel to appear before it on May 25, 2017 to explain on the demonetization issues. The RBI had earlier been summoned by the committee in January this year, when the former PM Mr. Manmohan Singh had intervened and advised the committee

BANKING TITBITS 1

1. PARLIAMENTARY PANEL CALLS URJIT PATEL: The Parliamentary committee  has asked the RBI Urjit Patel to appear before it on May 25, 2017 to explain on the demonetization issues. The RBI had earlier been summoned by the committee in January this year, when the former PM Mr. Manmohan Singh had intervened and advised the committee

GOLD BOND SUBSCRIPTION

Akshaya Tritiya is coming on 29th of April 2017 and the Indian sentiments have initiated the Government to go for the first issue of Gold Bonds, from April 24 to April 28 this year.  The features of the bonds to be issued are: Issue open for Public Subscription April 24 and April 28 -2017 Issue

GOLD BOND SUBSCRIPTION

Akshaya Tritiya is coming on 29th of April 2017 and the Indian sentiments have initiated the Government to go for the first issue of Gold Bonds, from April 24 to April 28 this year.  The features of the bonds to be issued are: Issue open for Public Subscription April 24 and April 28 -2017 Issue