Cash Deposit Machine: Customers can deposit money in their bank account through Cash Deposit Machine or Automated Deposit cum Withdrawal Machine.
State Bank of India has a network of 22,542 branches across the country as of March 2024. Apart from branch presence, SBI has 65,000 ATMs and 85,000 business correspondents.
Last month, domestic revenue grew 5.9 per cent to about Rs 1.27 lakh crore. Revenue from import of goods was up 8 per cent to Rs 45,390 crore.
7th Pay Commission: The DA to the state government staff of Sikkim and dearness relief to pensioners shall be enhanced from the existing 46 per cent to 50 per cent with effect from January 1, 2024.
PPF vs VPF: Partial withdrawal in PPF can be done after 7 years, while partial withdrawal in VPF can be done in the 5th year.
From October 1, 2024, new TDS rules provide employers with extended time to deposit TDS, raising concerns about employee TDS credits. However, experts clarified that the new rule won't affect employee tax credits.
New PPF rules: The new guidelines by the Department of Economic Affairs have changed rules for the PPF accounts based on their holdings. The changes majorly affect minors, NRI and those having multiple accounts.
Japan's Sony Group Corporation and Sony Pictures Entertainment (SPE) on Tuesday announced the elevation of Ravi Ahuja as President and CEO of SPE effective January 2, 2025.
Sensex climbed 348 points to 84,647.88, while Nifty gained 96 points to 25,907.60 in early trade. Key sectors like IT, banking, and FMCG led the surge.
From October 1, 2024, oil marketing companies have raised the price of commercial LPG cylinders by Rs 48.50. The price hike will directly affect restaurants, hotels, and other small businesses that rely heavily on commercial LPG gas cylinders for daily operations.
Policyholders are advised to review their existing policies and stay informed about how these changes may affect their coverage and benefits.
In a statement, the logistics operator Blue Dart said that the average price increase will be in the range of 9 to 12 per cent, depending on product variabilities and the shipping profile.
Bank holidays: The bank customers must note that the RBI classifies holidays into three categories such as Real-Time Gross Settlement Holiday, Banks’ Closing of Accounts Holiday, and Holidays Under the Negotiable Instruments Act.
The Eight Core Industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP).
The Centre's decision to discontinue the provision of allowing the mention of the Aadhaar enrollment ID instead of the Aadhaar number will come into effect on October 1.
The announcement from the CBDT comes in response to the challenges taxpayers faced with electronic submissions under the Income Tax Act, particularly due to issues with the e-filing portal.
The Sensex and Nifty fell during the early trade amid a fall in the Asian markets. The fall comes after both the benchmark indices touched a record high in the past week.
SBI Chairman CS Shetty hinted towards a new plan which could involve the benefits of FD and SIP. Notably, both the deposit plans give the option of monthly investment and are popular among the working professionals.
Zomato co-founder and Chief Public Officer Akriti Chopra has resigned after a 13-year journey with the company. Her leadership played a pivotal role in Zomato's growth, and her exit marks a significant change for the company.
Sensex and Nifty dropped from record highs as HDFC Bank and ICICI Bank led declines. Profit-taking halted the market rally, with benchmark indices losing ground. Check top gainers, losers, and market trends.
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