When the bank fails, is your bank deposit safe? Will you get your money back? And if yes, who is responsible for it, and will you get the entire money back? Let us discuss all this in this video.
26 Aug 2022SpiceJet, Credit Suisse end dispute over unpaid duesSpiceJet said it had already provided a bank guarantee of $5 million on the direction Madras High Court
1 min read26 May 2022The scheme is the biggest fiscal component of the ₹20-lakh crore Aatmanirbhar Bharat Abhiyan package announced by the Finance Minister in MayThe loan amounts sanctioned by PSBs increased to ₹78,067.21 crore, of which ₹62,025.79 crore has been disbursed as of September 3, FM says
2 min read7 Sep 2020Franklin Templetons' episode was a harsh reminder of risks involved in debt instrumentsFixed income investments should focus on stability, downside protection, safety and liquidity
4 min read30 Aug 2020Under PCGS 2.0, the government provides 20% first loss sovereign guarantee to PSBs, which will result in total liquidity infusion worth ₹45,000 crore to the system.
1 min read18 Aug 2020ICICI Prudential Life insurance has recently introduced a guaranteed income plan — ICICI Pru LakshyaLifelong income plan are for those who wish to receive the regular income till 99 years of age
2 min read22 Jul 202016 private sector lenders have sanctioned ₹65,863.63 crore, out of which ₹35,757 crore has been disbursedIn case of the 12 state-owned banks, ₹20,515 or 42% of credit sanctioned has been disbursed
1 min read7 Jul 2020After the recent crisis that hit the PMC Bank, there have been demands from various quarters that the deposit guarantee limit, which was last revised in 1993, be increased. Ashwini Kumar Sharma asked experts if it’s the right time to do so
4 min read20 Oct 2019An income guarantee scheme must not replace the state’s commitment to subsidized public services
4 min read28 Mar 2019The biggest challenge now is how they will define who the recipients of the scheme will be
2 min read28 Mar 2019The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared