Banks calculate fixed deposit interest rates during leap years using different methods. Bank of Baroda calculates interest quarterly and proportionately for incomplete quarters. ET noted […]
Reserve Bank of India (RBI) has revoked the license of Sumerpur Mercantile Urban Cooperative Bank due to insufficient capital and prospects. The bank’s financial framework […]
Credit card issuers charge high interest rates on all transactions, including unpaid EMI installments, if cardholders fail to pay the outstanding bill amount in full. […]
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A comment by Thailand’s ambassador to WTO accusing India of using ‘subsidised’ rice for capturing the export market has created a diplomatic storm. Indian negotiators […]
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