Budget 2020

One year later, PMC Bank depositors still struggling to get their money back

Mumbai: For depositors of the tainted Punjab and Maharashtra Cooperative (PMC) Bank, the situation is not very different from what it was almost a year ago when the RBI placed withdrawal restrictions on the bank after the mega scam involving misreporting of loans with senior bank officials’ involvement came to light. Exactly one year ago, […]

Budget 2020

Applying for IPOs? 7 things you must do to ensure your money is safe

The primary market has been buzzing with the stellar response to two latest initial public offerings – that of new-age IT firms Happiest Minds and Route Mobile. Three more from Chemcon Speciality Chemicals, CAMS and Angel Broking are hitting the market this week to raise an aggregate Rs 3,100 crore. There are hopes that a […]

Budget 2020

With 3 new members in MPC, what to expect in RBI money policy on Oct 1

NEW DELHI: RBI money policy review next week will be crucial. The policy review has come at a time when central banks globally are suggesting the need for more stimulus to help slowing economies. The US Fed, in fact, relaxed its inflation-setting target in its recent policy review to give growth a chance in the […]

News Headlines

How to manage your money in the times of slowdown

Shikha is a single mother who finds that after accounting for regular household expenses, she is left with too little to save. The pandemic has taken a toll on her consultancy venture. She is trying to curtail expenses as much as she can, however, being unable to indulge her only son has her worried and […]

Budget 2020

How nominees can claim money from small savings schemes like PPF, NSC

To make the process of claiming money from the various post office small savings schemes such as Post Office Monthly Income Scheme (PO-MIS), Public Provident Fund (PPF), National Savings Certificate (NSC) etc. easier, the government has made certain amendments in the process. The process has been streamlined via a circular dated August 28, 2020. Here’s […]

Budget 2020

SBI and Titan launch India’s first contactless payment watch: Here’s how to use it

The State Bank of India (SBI), India’s largest public sector lender, and Titan Company have partnered to launch contactless payment services through watches, called Titan Pay. How to use Titan and SBI have launched a range of new watches with contactless payment functionality. According to the press release issued by the bank, SBI account holders […]

Budget 2020

We do not see real money making opportunities in old economy stocks now: Girik Capital

The eye is on the bottom line, it is not our own ego or our own thesis the ultimate aim is to make money for the investor, says Charandeep Singh, Founder & MD. Are you comfortable with the kind of market valuations and the levels we are staring at?I will just start with a quick […]