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Depositors of a Maha co-op bank can withdraw only Rs 1,000:RBI

Depositors of a Maha co-op bank can withdraw only Rs 1,000:RBI

Last Updated: Friday, August 22, 2014, 19:33

Depositors of Shatabdi Mahila Sahakari Bank of Thane in Maharashtra can withdraw only Rs 1,000 of their total balance, as per RBI's directions in view of the financial position of the bank.

Now invest up to Rs 1.5 lakh in PPF

Last Updated: Wednesday, August 20, 2014, 20:12

People can now deposit up to Rs 1.5 lakh annually in their Public Provident Fund (PPF) with the government notifying changes in the popular savings scheme.

FM hints at sops to increase savings

Last Updated: Saturday, August 16, 2014, 13:21

Finance Minister Arun Jaitley on Saturday called for cutting down subsidy outgo.

Deutsche Bank targets professionals with new savings account

Last Updated: Wednesday, August 06, 2014, 17:36

The bank, which operates 17 branches in the country, is offering free cheque pick up and cash delivery at the door step for customers.

Union Budget 2014: Experts say personal tax sops to boost savings, consumption

Last Updated: Thursday, July 10, 2014, 17:54

KPMG India personal taxation partner Vikas Vasal said, "Tax relief provided to individuals is welcome especially when the government faced tough macroeconomic situation."

CII on Budget: Help restore higher domestic savings rate

Last Updated: Sunday, July 06, 2014, 18:00

The first Budget of the Narendra Modi government would do well to initiate steps that would restore domestic savings rate level to at least 35 percent of GDP through tax incentives, says industry body CII.

Wealthy Wednesdays: Investment tips and policies for single mothers and widows

Last Updated: Thursday, July 03, 2014, 11:17

Financial security of the family is always a concern for most people and this is more so for a single parent, because they do not have any other support. Hence for single mothers/widows it is very important to plan early.

Why women should take charge of their finances?

Last Updated: Tuesday, June 10, 2014, 17:14

5 reasons which make women better money managers

ICICI launches two special accounts for NRIs

Last Updated: Tuesday, May 06, 2014, 15:27

The two new categories have been christened NRI Pro and NRI Premia.

Banks must not punish non-maintenance of minimum balance: RBI

Last Updated: Tuesday, April 01, 2014, 15:44

As part of a consumer protection initiative, the Reserve Bank on Tuesday asked banks not to levy penal charges on customers who don't maintain a minimum balance in basic savings bank accounts.

Toronto Mayor Rob Ford gets daylight savings time wrong

Last Updated: Sunday, March 09, 2014, 16:08

"Rob Ford: the mayor who won`t even follow the dimensional rules of time," Toronto sports writer Bruce Arthur tweeted in one response to the Mayor`s gaffe.

Bitcoin owners find safe place for digital currency

Last Updated: Friday, February 28, 2014, 09:48

Some savvy bitcoin investors have a solution to cyber-thieves and instability shaking online exchanges: they print out their virtual savings and hide them in the real world.