Category: Finance

DICGC to pay depositors of 21 insured banks placed under all inclusive directions

Deposit Insurance and Credit Guarantee Corporation (DICGC) on September 21 announced it shall pay the depositors of the insured banks placed under the all-inclusive directions (AID) an amount like the deposits outstanding (up to a maximum of Rs 5 lakh only) within a period of not exceeding 90 days, DICGC said during a release. A total of 21 banks […]

SBI home loans at 6.70%: Step-by-step guide and other details

The depository financial institution of India (SBI) has introduced first-of-its kind credit score linked home loans at 6.7 percent for its customers for any loan amount. SBI Chief head (CGM) Umesh Kumar Pandey informed that this drive to supply home loans at concessional interest rates are going to be completed in two phases, the bank said in its official release. The first phase are […]

“Zero Tolerance” For Corruption: Government To Probe Amazon Bribe Charge

New Delhi: Allegations that Amazon’s legal representatives bribed officials in India are going to be investigated, the govt said today, stressing on a “zero-tolerance” policy towards corruption. The US e-commerce giant is additionally believed to possess launched a search into the allegation reported by a US website. “As far because the government of India cares there’s intolerance towards corruption of ANY kind within the government,” officials said. They said reports didn’t clarify “which era” the […]

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