Bank Holidays In January 2024: In January 2024, banks in India will observe closures for 16 days. Those with urgent banking needs should take note of the designated holiday dates. Bank customers must understand that while physical branches will be shut on these upcoming holidays, digital services like mobile banking, UPI, and Internet banking will…
If you have always been thinking of owning your dream house, but lack the financial resources for purchase, a good old home loan is always there to watch your back. Home loans are provided by all banks and non-banking financial firms. A down payment is required when purchasing a home, with the bank giving the…
The RBI on Wednesday introduced a Card-on-File (CoF) token facility at the level of banks and other institutions to provide convenience for cardholders to get tokens created and linked to their existing accounts with various e-commerce applications. At present, a CoF token can only be created through the merchant’s application or webpage. For a CoF,…
Google continues to push the envelope with its advancement in the field of AI thanks to divisions like DeepMind that have been entrusted with building new AI solutions. And recently the large language model (LLM) from DeepMind was able to solve a complex Maths problem which many thought was unsolvable. The interesting thing about the…
Balances in savings / current accounts that are not operated for 10 years, or term deposits not claimed within 10 years from the date of maturity are classified as “Unclaimed Deposits”. How to claim the unclaimed deposits? Every bank is required to show the details of unclaimed accounts on its website, as per the RBI…
Aadhaar Card Free Update: The Unique Identification Authority of India (UIDAI) has once again extended the deadline for free updation of Aadhaar details through the myAadhaar portal. According to an office memorandum issued by the UIDAI, “Based on the positive response from the residents, it is decided to extend the facility for 3 more months…
The Indian government introduced the new tax regime in 2020, offering taxpayers a choice between the old and new tax structure. This move sparked a debate amongst taxpayers about which regime is more beneficial for them. With the new financial year 2023-24 around the corner, it is essential to understand the key differences between the…
WhatsApp has just introduced a new feature called View Once for voice messages, which allows users to send voice messages that disappear once they have been listened to. In a blog post, WhatsApp announced the new feature, saying that it is similar to the View Once feature that was introduced for photos and videos in…
GST collections in November 2023 witnessed the highest-ever growth rate of 15 per cent YoY to Rs 1,67,929 crore, according to the latest official data released on Friday, December 1. Experts said the growth has been recorded on the back of festive season sales and the rise in audits and investigations. They also said the…
Banks Holiday In December 2023: During the month of December, banks in India will remain closed for a total of 18 days. Individuals planning to visit the bank for urgent matters should be mindful of the specified holiday dates. It’s important for bank customers to note that although physical branches will be closed on these…