India’s bad loans may be at a decadal low, but nearly 10% of retail borrowers are missing monthly payments, the Reserve Bank of India has flagged in its latest financial stability report. These borrowers manage to keep their accounts from slipping into non-performing assets (NPAs) with some payments before the 90-day deadline. Moreover, an inflation…
UPSC 2024 Jobs Recruitment Notification.Union Public Service Commission inviting applications for the positions of Assistant Director, Scientist, Administrative Officer, Specialist.Interested and Eligible candidates can apply for the positions. Last Date for Submission of Application is on 29th February, 2024. No.of Posts and Vacancies :-Assistant Director: 51 PostsScientist-B (Physical-Civil): 1 PostsAdministrative Officer Grade-I: 2 PostsScientist –…
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…
Two new fund offers or NFOs are currently open for subscription in the market. An ELSS fund and a thematic fund are open for subscription. The market was flooded with NFOs till a month ago as mutual fund houses were busy launching passive or index schemes, or trying to complete their bouquet of offerings. However,…
BHEL 2023 Jobs Recruitment Notification.Bharat Heavy Electricals Limited inviting applications for the positions of Trade Apprentice.Interested and Eligible candidates can apply for the positions. Last Date for Submission of Application is on 06th December, 2023. No.of Posts and Vacancies :-Trade Apprentice: 398 Posts Qualification: High School Pass and ITI pass as a Regular Full Time…
The Chandrayaan-3 landing module comprising Vikram (the lander) and Pragyan (the rover) has successfully separated from the propulsion module, marking a major milestone for the mission. “Landing module is successfully separated from the propulsion module. Landing module set to descend to a slightly lower orbit upon a de-boosting planned for tomorrow (August 18) at 4pm,”…
The home loan sector has weathered its fair share of challenges and triumphs in 2023, shaped significantly by market dynamics, regulatory policies, and economic shifts. According to RBI data, the outstanding amount for housing loans in March 2023 reached Rs 19,36,428 crore, marking a 15 percent year-on-year growth. During the fourth quarter of 2022-23, the…
Gross GST collection in March 2024 jumped 11.5 per cent year-on-year (YoY) to Rs 1,78 lakh crore, according to an official statement released on Monday. It is the second-highest monthly gross GST revenue collection in March at Rs 1.78 lakh crore. “Gross good and services tax (GST) revenue for March 2024 witnessed the second highest…
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…
The Reserve Bank of India (RBI) has conceptualised a lightweight payment and settlement system (LPSS) that can be operated from anywhere by a bare minimum staff in the event of natural calamities and war. This new payment system will be independent of conventional technologies used for existing payment systems such as RTGS, NEFT, and UPI….