Wednesday 21 December 2016

RBI changes deposit rule yet again!

THE ECONOMIC TIMES
Wed, Dec 21, 2016 | 05:52 PM IST

Daily Newsletter

RBI modifies rules again, exempts KYC a/cs from Rs 5,000 cap

KYC (know your customer) is a process through which banks obtain information about the identity and address of the customers while opening accounts.

PM Modi losing friends as anger grows over cash crackdown

Continuing shortages of new 500 and 2,000 rupee notes have caused tempers to rise as millions queue at banks and ATMs...

Bank FDs losing out? These investments will fetch good returns

With the interest rates expected to fall further, this could be the last chance to lock in funds for medium to long t...

SBI arm to offer credit cards against Rs 25,000 fixed deposit of any bank

The subsidiary's move dovetails with the parent bank's latest plan to install around five lakh additional card swipe ...

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Calling Modi's note ban move despotic is cuckoo cloud stuff Calling Modi's note ban move despotic is cuckoo cloud stuff...
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Tech view: Nifty forms bearish candle; 8,000, 8,050 to offer support

Traders are advised to stay cautious and use dips towards 8,000 level to create long positions for a pullback. The ne...

Mapping the mkt: IT stocks fall; realty counter sees a surprise rally

Shares of software exporters hit speed bumps on Wednesday as the BSE IT index saw the biggest sectoral loser before f...

Near term growth risks for India on downside: Goldman Sachs

"At the moment, there is a quite a slowdown in India basically because of the currency reform that was introduced by ...

Odisha seeks Rs 5,870 crore package in Railway Budget

"I request you to sanction these critical new lines in the forthcoming Budget, which can bring prosperity along with ...

Market Watch 21 Dec | 05:52PM|
SENSEX NIFTY USD/INR GOLD
26242.38
-65.60
8061.30
-21.10
67.91
-0.13
27120.00
-10.00
MARKET NEWS
Rupee may be choppy, but is still world beater, will remain so into 2017: Experts

Market experts said domestic factors like the Reserve Bank of India's status quo on policy rates in December review a...

Digital payment cos want more support; centre likely to agree

Payment companies are strongly lobbying for making payments and settlements independent of the central bank and also ...

Gainers Losers 21 Dec, 2016, 05:52PM IST, PTI|View All
Company Name Live Price Change (%) Volume High Low
TAAL Enterprises Ltd. 162.00 20.00 23192 162.00 143.20
Urja Global Ltd. 1.40 19.66 4501110 1.40 1.27
Pritish Nandy Communications Ltd. 24.50 16.11 163291 25.20 20.25
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Is it our job to identify tax evaders? Bankers bearing the brunt of ever-changing norms

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PM Modi inspired by Narasimha Rao? Govt heralds welfare schemes with Jan Dhan, insurance for poor

In the phase of economic reforms, Rao unleashed an entrepreneurial spirit which may have given shape to many schemes ...

Demonetisation: Chandrababu Naidu-led panel seeks cut in card transaction charges

The proposal is in line with the govt's push to boost digital transactions as part of efforts to shift to a cashless ...

Amazon on a high! Cloudtail surpasses Shoppers Stop's revenue; sales up 300%

Cloudtail, a JV between Amazon Asia and Infosys founder Narayan Murthy's personal investment vehicle Catamaran, poste...

Here's what may have led to Chitra Ramkrishna's exit from NSE

It all started with the finance ministry and the Sebi receiving complaints from NSE shareholders over alleged 'non-co...

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