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How Does RBI Rate Cut Impact EMI of Loan ?

How Does RBI Rate Cut Impact EMI of Loan ? - Reserve Bank of India has cut the repo rate in their bi monthly review for year 2016-17 by 0.50% to 6.50% present. After the reduction of Repo Rate many of...

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RBI Policy Review- Lowest Repo Rate Hike in Six Years

RBI Policy Review- Lowest Repo Rate Hike in Six Years with 25 bps to 6.50%. This year quarter one monetary policy of financial year 2016-17 had seen few new changes including the widening of reverse repo and repo rate have...

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Basic Details of Marginal Cost of Funds based Lending Rate (MCLR) By RBI

Marginal Cost of Funds based Lending Rate (MCLR) is a new lending rate introduce by Reserve Bank of India (RBI) which is to be implemented by 01-04-2016. MCLR will be the internal bench mark rate of the bank along with...

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How To Fill Form 10 (E) For Income Tax Rebate on Arrears Paid ?

How To Fill Form 10 (E) For Income Tax Rebate on Arrears Paid by employer– After the [highlight]10th Bipartite settlement[/highlight] arrears were paid to all the Bank Employees from 01st November 2012 in the financial year 2015-16. Due to payment of...

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Centre to infuse Rs 5000 Crore in Public Sector Banks

Centre to infuse Rs 5000 Crore in Public Sector Banks by end of march,31st - The Indian government has decided to infuse the fresh round of Capitalization with additional capital of about Rs 5,050 crore in some public sector banks...

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Top 6 Public Sector Bank After Merging

Top 6 Public Sector Bank After Merging - It is the most trending news currently from the banking and financial space.Every day a lot are being flash on various news channel or newspaper about proposed merging of smaller NPA ridden public...

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Rs 1,000 Crore Syndicate Bank Scam

Rs 1,000 Crore Syndicate Bank Scam - After S K Jain bribery scam , once again the public sector bank i.e. Syndicate Bank in limelight for negative reason. This time Rs 1,000 crores Scam covering 386 fake accounts in three...

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Tripura Professional Tax Slab Rate

Tripura Professional Tax Slab Rate FY 2015-16 - Proessional Tax slab rate for the state of tripura for this financial year. The professional tax charged as per the gross salary income on monthly basis. Tripura state Government charge Professional tax on all type of professional services...

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