Banking

December 27, 2024

Banks can charge an interest rate of more than 30% per year.

So ruled the Supreme Court of India. Wikipedia defines Usury as;“Usury is the practice of making loans that are seen …

September 28, 2024

How banks allowed HCC to escape from bank guarantees. The Lavasa Story. Lavasa was going to be a privately owned …

September 24, 2024

Supreme Infrastructure had fallen into bad times. It had a debt of 2,200 Crores. This became NPA. The debt soon …

September 27, 2023

As per a report, Government of India, also known as Modi Sarkar, is going to borrow 6.55 Lakh Crores more …

September 19, 2023

Two reports should worry all businessmen and industrialists in India. First is that 47% of Insurance polices have been closed …

September 16, 2023

Almost everyone who is earning money wants to have income that is free from income tax. But Income Tax rules …

September 4, 2023

Sir Winston Churchill, Prime Minister to Britain (1940-1945, 1951-1955) is reported to have said that “For a nation to try …

July 19, 2022

Ruchi Soya is a company that operates in the Food Staples and Soyabean Products. It was a loss making company …

September 16, 2021

On 08.11.2016, when Modi demonetized 500/1000 Rupee Notes, RBI said that there were 15,84,000 Crores of 500/1000 Rupees notes that …

July 30, 2020

The RBI rescued Yes Bank but has left the depositors of PMC Bank in the lurch. Yesterday, Yes Bank took …