Category: News

SBI 2023 Jobs Recruitment Notification of SSE, VP Posts

State Bank of India 2023 Jobs Recruitment Notification. SBI inviting applications for the positions of Senior Special Executive, Vice President. Interested and Eligible candidates can apply for the positions. Last Date for Submission of Application is on 21st June, 2023. No.of Posts and Vacancies :- Senior Special Executive, Vice President – 09 Posts Job Location […]

RBI permits banking units at IFSC to settle NDDCs in rupee

The Reserve Bank of India said it has permitted banks operating International Financial Services Centre (IFSC) to offer non-deliverable derivatives contracts utilising rupees to resident non-retail users for hedging. The step has been taken in order to develop the onshore rupee non-deliverable derivatives contract market and to provide residents with the flexibility to efficiently plan […]

Bajaj Finserv Mutual Fund launched

Bajaj Finserv announced the launch of its new mutual fund business under Bajaj Finserv Mutual Fund. Bajaj Finserv Mutual Fund will launch a comprehensive set of products across fixed income, hybrid and equity categories to meet the needs of diverse investor profiles ranging from retail and HNIs to institutions, said the press release. The company […]

IRCTC 2023 Jobs Recruitment Notification of GGM/Services Posts

Indian Railway Catering and Tourism Corporation 2023 Jobs Recruitment Notification. IRCTC inviting applications for the positions of Group General Manager/Services. Interested and Eligible candidates can apply for the positions. Last Date for Submission of Application is on 03rd July, 2023. No.of Posts and Vacancies :- Group General Manager/Services – Various Posts Job Location – New […]

EPFO looks to increase equity investments

The Employees’ Provident Fund Organisation is considering enhancing its equity exposure and reinvesting redemption proceeds from its investments in exchange-traded funds back in equity or related instruments, people familiar with the move told ET The retirement fund body will soon approach the finance ministry to seek its clearance for investing the proceeds from ETFs in […]

How tax on rental income works for NRIs?

How is income from house property taxed in India for NRIs or non-resident Indians? Are there any distinct regulations that NRIs must adhere to, and what is the procedure for calculating taxable income from house property for NRIs? There are no separate rules for taxation of house property in India for residents and non-residents. Taxation […]

Life certificate submission at any branch, online deposit claim settlement: RBI committee’s major recommendations

Last year, the Reserve Bank of India (RBI) had formed a committee to examine the customer services provided by RBI-regulated entities (RE) such as banks, non-bank financial companies (NBFCs), and payment service operators. This Committee’s mission was to monitor and review the quality of customer service, examine changing demands, identify best practices, and propose actions […]

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