Depositor safety our focus: Modi
Deposit insurance reforms undertaken by the government will instil confidence in account holders on the banking system
Source: deccanchronicle.com
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Depositor safety our focus: Modi
Deposit insurance reforms undertaken by the government will instil confidence in account holders on the banking system
Source: asianage.com
Bank Deposit Insurance Cover Increased: Check Deets
Bank Deposit Insurance Cover Increased: The government has increased the bank deposit insurance cover from Rs 1 lakh to Rs 5 lakh, according to Union Commerce and Industry Minister Piyush Goyal. He said that the money must be returned to the depositor within 90 days.
Source: sakshi.com
sbi card: SBI Card doubles its net profit in Q4 - The Economic Times
SBI Cards and Payment Services (SBI Card) India’s largest standalone credit card company said its net profit doubled to ₹175 crore in the fourth quarter ended March 2021 from ₹84 crore a year ago on higher fee income, improved recoveries and lower finance costs. Total income dropped 2 per cent to ₹2,468 crore during the quarter from ₹2,510 crore a year ago mainly due to a 20 per cent drop in interest income to ₹1,072 crore from ₹1,348 crore in March 2020. Fee income, however, increased 16 per cent to ₹1,114 crore from ₹959 crore a year earlier. The company which like its pe...
Source: indiatimes.com