Revised-definition-MSMEs-askbanking

MSMEs New Definition, Turnover Based Classification Introduced

MSMEs New definition by Government – The government of India has changed the much awaiting classification of  the existing MSMEs with new one. The new

Sbi warns customer

SBI Warns Customers of Internet Banking, About Fake OTP, SMS Messages

SBI warns customers of Internet Banking about the fake One Time Password (OTP) and SMS – Customers of the India’s largest bank, State Bank of

PayTm Money

Paytm Money Gets PFRDA Approval For Investment in Government Schemes

eWallet PayTm Money gets the approval from Pension Fund Regulatory and Development Authority (PFRDA) for Investment in government pension schemes like NPS, APY etc. Interested

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No Takers for RBI’s 3-Month Loan EMI Moratorium

You will not believe that there are not much takers for RBI’s 3-month loan EMI moratorium offered by various banks due to COVID-19 pandemic. Borrowers

SBI-cuts-MCLR

SBI Cuts 0.15% in Interest Rates, ‘SBI Veecare Deposit’ For Senior Citizens

SBI Rate Cuts by 0.15% – State Bank of India (SBI) has reduced its Fund’s Marginal Cost Based Interest Rate (MCLR) by 0.15 per cent.

can't-switch-old-new-tax

Category of Tax Payers Can’t Switch Between Old and New Income Tax Regimes Every Year

Know the category of Tax Payers who can’t choose between Old & New Tax regime every year – The Budget of FY 2020 proposes to

eRMB-digital-yuan-launched

China Launches Digital Currency Yuan ‘eRMB’

eRMB – Digital Yuan, the digital currency yuan, the digital name of Chinese currency. China has launched the trial of their digital yuan as specific

covid-19-loan-askbanking

Should You Go For COVID-19 Personal Loan ?

COVID-19 Personal Loan – Almost all the public sector banks are offering the COVID-19 Personal loan to their existing borrowers under salary, pension, home ,