Bajaj Finserv Asset Management Introduces Bajaj Finserv Large and Mid Cap Fund .
Bajaj Finserv Large and Mid Cap Fund : Pioneering the concept of ‘Moat Investing’ in large and midcap funds . Highlights: Mumbai/Pune, February 5, 2024: Bajaj Finserv Asset Management has announced the launch of a new equity fund ‘Bajaj Finserv Large and Mid Cap Fund’, strategically designed to grow investors’ wealth through ‘Moat Investing’. The fund is […]
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1 PAN 1000 Accounts : Paytm Payments Bank Faces Regulatory Scrutiny by RBI.
New Delhi: Paytm Payments Bank has come under intense regulatory scrutiny, with the Reserve Bank of India (RBI) imposing strict measures due to concerns over numerous accounts created without proper identification. Insiders familiar with the situation disclosed that these accounts, lacking adequate Know-Your-Customer (KYC) procedures, engaged in transactions of significant amounts on the platform, prompting […]
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PM Suryoday Yojana 2024 : Access a Free Solar System Installation for Your Home Today.
PM Suryoday Yojana 2024 : Initiated immediately after Prime Minister Shri Narendra Modi’s return from Ayodhya, the PM Suryoday Yojana 2024 represents a significant leap towards sustainable energy. This initiative aims to install solar rooftops on 1,00,00,000 houses, with the objective of reducing electricity expenses for middle-class families and fostering energy self-sufficiency in India. Overview […]
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Navigating Credit Card Closures: Safeguarding Your Credit Score.
Making the decision to cancel a credit card demands meticulous thoughtfulness, given its potential implications on your credit score. Thoroughly understanding the intricacies of your credit portfolio, assessing the credit utilization ratio, and considering the duration of credit accounts are vital prerequisites before initiating a credit card closure request. Potential Implications on Credit Score: Credit […]
Read More10 Convincing Reasons to Opt for RuPay Credit Cards.
10 Convincing Reasons to Opt for RuPay Credit Cards .
Read MoreUnveiling the Advantages of RuPay Credit Card : Exclusive Cashback Offer.
RuPay Credit Card Exclusive Cashback Offer: RuPay credit card holders are in for a delightful experience with an exclusive 10% flat cashback offer on electronic purchases surpassing ₹15,000. The maximum cashback per card is capped at ₹3,000. This special offer is available solely on the 3rd and 4th of February 2024, allowing cardholders to redeem […]
Read MoreBoost in Allocation for Interest Relief on Kisan Credit Cards by 22% According to Revised Estimates.
Kisan Credit Cards : In the revised estimates for the ongoing fiscal year, the agriculture ministry is gearing up to allocate Rs 18,500 crore for the Modified Interest Subvention Scheme (MISS). Foreseeing a surge in credit uptake, the government has proposed a substantial 22% increase in the allocation for the 2024-25 fiscal year, reaching a […]
Read MoreReserve Bank of India Imposes Stringent Restrictions on Paytm Payments Bank Due to Non-Compliance and Regulatory Concerns.
In January 2024, the Reserve Bank of India (RBI) enforced restrictions on Paytm Payments Bank (PPBL) primarily due to persistent non-compliance with regulatory standards and supervisory concerns. The RBI identified several issues contributing to these concerns, which include: Consequently, the RBI imposed various restrictions on PPBL, including: While existing customers can still access their accounts […]
Read MoreHero FinCorp Personal Loans : Transforming Wedding Dreams into Reality.
Hero FinCorp Personal Loans : Embarking on the journey of marriage brings immense joy, but financial constraints can sometimes cast a shadow on the planning of your dream wedding. In such circumstances, the question arises – should one consider a personal loan to manage wedding expenses? Let’s delve into the feasibility of this option, focusing […]
Read MorePaytm Payments Bank Plans to Cease Issuing New Loans in the Upcoming Weeks .
On January 31, the Reserve Bank of India imposed limitations on Paytm Payments Bank, preventing any deposit or credit transactions in customer accounts after February 29. In the December quarter, Paytm Payments Bank witnessed a 56% year-on-year surge in disbursed loans, amounting to Rs 15,535 crore across its three loan distribution categories—merchant loans, personal loans, […]
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