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On Tuesday RBI had done the first tranche of OMO following the tightness in the commercial paper market. (Mint )
The CBDT on Wednesday extended the deadline for filing income tax returns (Photo: iStock)
With the advent of new technologies, claim settlement has also become simpler and quicker than before
With the advent of new technologies, claim settlement has also become simpler and quicker than before

Life insurance claims can be completed over WhatsApp in 5 minutes now

  • With a pandemic that demands you to maintain social distancing, people are relying on internet to browse through life and health insurance policies
  • To cater to the customers amid this challenging time, the insurance companies have implemented a dozen of services

Income tax saving FDs: Minimum investment required varies from bank to bank.
Let's take a look at RBI's new guidelines for credit, debit cards effective tomorrow. (Bloomberg)
Bank FD interest rates have fallen to the levels as seen in 2004-05. (AP Photo/Manish Swarup) (AP)
ICICI Bank today announced the launch of a festive bonanza. (REUTERS)
Supratim Bandyopadhyay, PFRDA chairman.
HRA benefit is calculated for the period for which the rent is actually paid and not for the year as a whole. Photo: iStock
Bank holidays also depend on the festivals being observed in specific states. (AP)
Due to the risks involved in case of misuse of the POA, it is normally executed very sparingly
Due to the risks involved in case of misuse of the POA, it is normally executed very sparingly

A power of attorney may be made for a limited period of time and is revocable

The PoA should state if the attorney can sub-delegate the powers delegated to him or her to another person and that the PoA shall be valid even in the event you are incapacitated due to ill health

What happens if an app you have an outstanding loan with gets banned (AP)
Photo: Mint
Stock markets had a rough year just about everywhere
Stock markets had a rough year just about everywhere

The change we want is also the change we resist

New systems, better technology, rules of the road and more oversight in those heady years of change of the 1990s put in place the foundations of a market that saw business grow exponentially

If you don’t get a loan from the bank auctioning the property, other institutions will not lend for a foreclosed asset
If you don’t get a loan from the bank auctioning the property, other institutions will not lend for a foreclosed asset

Three things to ask before you buy a house in a bank auction

  • The properties to be auctioned include open plots, residential, industrial, and commercial units across India
  • While not all properties may come with problems, it is important to do your due diligence before buying and read the terms and conditions

An ECO is liable to deduct TDS at 1%.
State Bank of India will conduct an e-auction for properties tomorrow (Mint)
SBI Card ELITE and SBI Card PRIME on American Express platform will come at a joining fee of  ₹4,999 and  ₹2,999 respectively.  (Photo: Aniruddha Chowdhury/Mint)
SBI Card ELITE and SBI Card PRIME on American Express platform will come at a joining fee of 4,999 and 2,999 respectively. (Photo: Aniruddha Chowdhury/Mint)

SBI Card joins hands with American Express to offer premium benefits, services

  • This alliance is another step in our efforts to bolster our premium portfolio, said Ashwini Kumar Tewari, MD & CEO, SBI Card
  • With this launch, SBI Card will have products across four networks

SBI: You can check the balance online through internet or mobile banking. (Mint)
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