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Showing posts with the label Financial

Employees’ Enrolment Campaign launched by EPFO from 01.01.2017 to 31.03.2017

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An Employees’ Enrolment Campaign has been launched byEmployees’ Provident Fund Organisation during the period 01.01.2017 to31.03.2017 , in order to extend social security benefits to all the eligible workers in the country. During the Campaign, various financial incentives are being offered to establishments to enroll their workers. An employer, whether already covered or yet to be covered, can enroll employees who remained un-enrolled for any reason between 01.04.2009 and 31.12.2016 by making a declaration of such employees during the campaign period. Such declaration shall be valid only in respect of employees who are alive as on 1st January, 2017 and no proceedings under section 7A of the Employees’ Provident Funds & Miscellaneous Provisions (EPF & MP) Act, 1952 or under paragraph 26B of the Employees’ Provident Funds (EPF) Scheme, 1952 or under paragraph 8 of the Employees’ Pension Scheme, 1995 have been initiated against their establishment or employer, as the cas...

Bharatiya Mahila Bank (BMB) to be merged with State Bank of India (SBI)

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The Government of India has decided to merge the Bharatiya Mahila Bank (BMB) with the State Bank of India (SBI) to ensure greater banking services outreach to a larger number of women, at a faster pace & with the objectives of affordable credit to women as well as propagation of women-centric products need to be quickly achieved through a wider network and lower cost of funds. The decision to merge BMB with SBI has been taken in view of the advantage of the large network of SBI among other things. In the three years since BMB was established, it has extended loans of Rs 192 crores to women borrowers, while the SBI group has provided loans of about Rs.46,000 crore to women borrowers.  SBI has a

General Insurance Companies empanelled under Crop Insurance Schemes

Detailed list on General Insurance Companies empanelled under Crop Insurance Schemes in agricultural sector is provided by the Farmer Portal. Users can find names of the General Insurance Companies and links here in. Name of The Company Web Address Reliance General Insurance Co. Ltd. Reliance General Insurance https://www.reliancegeneral.co.in/Insurance/Claims/Crop-Insurance.aspx Tata AIG General Insurance Co. Ltd. Tata AIG General Insurance Co. Ltd. http://www.tataaiginsurance.in/rural-insurance/AboutRural/ Cholamandalam MS General Insurance Co. Ltd. Cholamandalam MS General Insurance Co. Ltd. http://www.cholainsurance.com/rural-insurance.aspx HDFC ERGO General Insurance Co. Ltd. HDFC ERGO General Insurance Co. Ltd. https://www.hdfcergo.com/rural-insurance/weather-insurance.html Future Generali Indi...

Ways to exchange/deposit of your Rs.500 & Rs.1000 old notes

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The facility for exchange/deposit of SBNs stands closed with effect from December 31, 2016.  But, A) I n terms of t he GoIOrdinance No. 10 of 2016 dated December 30, 2016 on “The Specified Bank Notes (Cessation of Liabilities), a facility for exchange of SBNs ( old Bank Notes in the denominations of ₹500 and ₹1000 ) is made available for the resident and non-resident Indian citizens (Indian passport required) who could not avail the facility from November 10 to December 30, 2016 on account of their absence from India during the aforementioned period.

m-AppStore (Mobile Applications & M-Gov Application Store)

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m-AppStore (a Mobile Application Store)   of public services through mobile devices  has been created by government of India to facilitate the process of development and deployment of suitable mobile applications for delivery.

Working Foreign Banks in India (Part I)

There are 16 Foreign Banks which are working in India. AB Bank Ltd ABN-AMRO Bank N.V Abu Dhabi Commercial Bank Ltd American Express Banking Corp Antwerp Diamond Bank NV BNP Paribas Bank of America N.T. & S.A Bank of Bahrain & Kuwait B.S.C Bank of Ceylon Bank of Nova Scotia Barclays Bank PLC Calyon Bank Chinatrust Commercial Bank Citibank N.A Deutsche Bank (Asia) DBS Bank Ltd 1.   AB Bank Ltd. : Introducing Bangladesh to its very first private sector bank; AB Bank Limited was incorporated on 31st December,1981 . Arab Bangladesh Bank as formerly known started its effective operation from 12th April, 1982 with the mission to be the best performing bank of the country. AB has extensively widened its services over the last three decades in both home and abroad. The bank opened its very first branch at Karwan Bazar on 12th April 1982 and now has a successful footprint of 104 branches including one overseas branch in Mumbai, India and 270 plus ATMs ...

PayTm great Offer

India's largest m-commerce platform PayTm announces great offer to its App users. Q 1. Open your Paytm App, Scan this QR Code. Send us a screenshot of your favorite offer. #ScanKaroGiftKaro pic.twitter.com/auG2jOZClY — Paytm (@Paytm) February 14, 2017

Students Educational Loan: First of its kind portal

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To administer and monitor Scholarship as well Educational Loan Schemes , a fully IT based Student Financial Aid Authority has been proposed through the 'Pradhan Mantri VidyaLakshmi Karyakram' , with a view to enable all poor and middle class students to pursue higher education of their choice without any constraint of funds by govt of India. Vidya Lakshmi Portal is a first of its kind portal for students seeking Education Loan. It provides single window electronic platform for students to access information and prepares applications for Educational Loans and Government Scholarships. It provides information on the following: Educational Loan Schemes of various Banks Common Educational Loan Application Form for Students Application for Education Loan to multiple Banks Facility for Banks to download Students Loan Applications Facility for Banks to upload loan processing status Facility for Students to email grievances/queries relating to Educational Loans to Bank...

Mobile Wallets: What & How

A mobile wallet is a way to carrycash in digital format . You can link your credit card or debit card information in mobile device to mobile wallet application or you can transfer money online to mobile wallet. Instead of using your physical plastic card to make purchases, you can pay with your smartphone, tablet, or smart watch. An individual's account is required to be linked to the digital wallet to load money in it. Most banks have their e-wallets and some private companies. e.g. Paytm, Freecharge, Mobikwik, Oxigen, mRuppee, Airtel Money, Jio Money, SBI Buddy, itz Cash, Citrus Pay, Vodafone M-Pesa, Axis Bank Lime, ICICI Pockets, SpeedPay etc. How to get it: Option to open Zero KYC or Full KYC wallet Option of Consumer vs. Merchant wallet Mobile Number An App to be downloaded in smart phone Service Activation: Load money (subject to regulatory limits) using internet banking or merchant locations Bank A/c All Cards Cash-In What is required for Transa...

Now you can check your Ration Card details online

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Check the ration card details of the Public Distribution Scheme (PDS) beneficiaries in various states in governments website PDS Portal of India . Users can find state-wise details of beneficiaries, allocation of commodities to them and other information related to ration card. PDS Portal of India e-PDS portal is intended to be an one-stop information for Public Distribution System (PDS). The portal aims to bring in transparency by disseminating data, information, news etc., related to PDS. The portal is expected to provided vital information on policies related to PDS, information on Central and State schemes, price of PDS commodities, allocation and offtake details, stake holders information, fair price shop details, ration card information etc., Apart from the Centrally provided data, the portal provides links to PDS related websites of the various States to know the PDS related information.

AN EXCITING SBI & AMAZON PAY CASHBACK OPPORTUNITY

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Amazon Great Indian Sale ends tonight. Customers who shop for Rs. 5000/- using SBI Debit & Credit Card are eligible for a 15% Cash Back on the Mobile App and a 10% Cash Back on the website. Great Indian Sale: Shop Now Customers who use Amazon Pay Balance to pay for orders of minimum Rs. 250/- can avail 15% Cash Back when they shop on the Amazon App and 10% Cash Back when they shop on the website. Great Indian Sale: Shop Now

Refer & Win Cash Prize: Great Chance to win Rs 1000 Cash

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Great Chance to win Rs 1000 Cash. All you need to do is REFER YOUR BLOGGER BUDDIES. 1. Email 2. Facebook 3. Twitter 4. LinkedIn 5. Pinterest 6. Google+ 7. Referral Link

Small and medium banks across India will operate with more flexibility

Small and medium banks across India will operate with more flexibility and become RBI compliant by using GlobalIT solutions provider NIIT Technologies Core Banking Solution, on Microsoft’sAzure platform  as it is published in  The Red Mark. With the availability of cloud services through data centres locally in India, banks will be able to leverage Microsoft’s Azure, Office 365, CRM Online and Disaster Recovery Services based on their needs. Additionally, the solution will substantially improve service experience with any branch banking, with more computing power and secured value added services. 16 banks across Delhi, UP, Rajasthan, MP, Uttarakhand, Chhattisgarh, West Bengal and Maharashtra in India are already using BankingEasy solution deployed on Microsoft Azure.

Paytm Wallet users will soon enjoy additional benefits through Paytm Payments Bank Account

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As per RBI guidelines, your Paytm Wallet will soon be transferred to the newly incorporated Paytm Payments Bank. Till now they were issued by One97 Communications Limited. This will happen automatically, and Paytm users do not need to do anything additional & customers will continue to use all the services provided by the Paytm Wallet, and enjoy all the benefits. Your Paytm wallet will work as it is, even after 15th January.  Log in details, wallet balance and user experience will remain the same. Your Paytm Wallet experience will remain the same for all current use cases such as paying at stores, paying for Uber rides, ticketing, fuel, etc. Not just that, Paytm Payments Bank will also soon bring additional benefits such as a bank account, cheque book and a debit card.  You will also earn interest on the money available in your account.

The 2030 Agenda for Sustainable Development

At the United Nations Sustainable Development Summit on 25 September 2015, world leaders adopted the 2030 Agenda for Sustainable Development, which includes a set of 17 Sustainable Development Goals (SDGs) to end poverty, fight inequality and injustice, and tackle climate change by 2030. These officially came into forceon 1 January, 2016.

Karat: Gold Purity Calculation Guide

Gold content or purity is measured by Karat and it is basically a unit used to measure the purity of gold. That means the higher the karatage, the purer the gold. Types of Karat are- a)   24K b)   22K c) 1 8K etc. a)   24K gold:   24k gold is also called pure gold or 100 per cent gold. This means that all 24 parts in the gold are all pure gold without traces of any other metals. It is known to be 99.9 per cent pure and takes on a distinct bright yellow color. There is no higher form of gold than 24K and this is the purest form of gold, it is naturally more expensive than 22K or 18K gold.

Demonetization Myths Vs Reality

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There are several Demonetization myths busted around. But what is in reality ? Myth no. 1_ Information was leaked to select corporate houses and party members in advance. Reality_ Complete secrecy was maintained; no leakage of Government's intention to any section. Myth no. 2_ The implementation cost is more than the benefits. Reality_ The parallel economy corrodes and eats into the vital of the country's economy, adversely affecting the poor and the middle classes more than others. 

40%-80% off: Amazon End Of Season Sale

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NPCI’s National Financial Switch achieves milestone with 100 direct member banks

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National Payments Corporation of India (NPCI) is pleased to announce that 100 banks have joined the National Financial Switch(NFS) network as direct members. As on 7th December 2016, NFS  network comprise of 745 members which include 100 direct members, 645 sub-members (Sub member banks are sponsored by the direct member banks) including Regional Rural Banks (RRBs) and White Label ATM Operators (WLAOs). The network has now 2,30,000 ATMs. NFS is the largest inter-operable ATM network in India. It manages more than 95% of the domestic inter-bank ATM transactions. Mr. A P Hota, MD & CEO, NPCI said, “NFS has emerged as one of the well-established ATM networks in the world. Its operational functions and services are at par with most of the global ATM networks. NFS has maintained high standards of application and network up time which has helped our member banks to ensure enhanced customer experiences.”

Lucky Grahak Yojana and Digi-Dhan Vyapar Yojana - for incentivising digi...

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