Mutual Fund or Bank deposit ?
[ad_1] All public sector banks will begin a special drive from October 2 for filling up of backlog vacancies reserved for scheduled castes, National Commission for Scheduled Castes (NCSC) Chairman Vijay Sampla said on Thursday. The decision comes after a review meeting, jointly chaired by the NCSC chairman and Finance
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[ad_1] Nearly Rs 5,000 crore of loans or 16.32 per cent of the total bank assets in Maharashtra under the Pradhan Mantri MUDRA Yojana to help small businesses are unpaid as of June 2022, as per official data. Parbhani district in the backward Marathwada region of Maharashtra has the highest
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[ad_1] Narendra Modi recently announced that GoI will recruit 10 lakh personnel in 18 months. Interestingly, the central PSUs have close to 8.5 lakh job vacancies. Such initiatives may add some momentum in the short-term, but are artificial solutions to the unemployment problem in the long run. An organic way
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[ad_1] Sa-Dhan, the oldest industry body for microfinance lenders, has elected HP Singh, chairman of Satin Creditcare Network, as its chairman for the next two years. Sa-Dhan has appointed Jiji Mammen as its executive director & chief executive. Mammen took over the charge from June 17 as the position became vacant
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[ad_1] The finance ministry on Thursday held meeting with state run banks and financial institutions to identify ways in which they can support the ‘Agniveers’, short term army recruits, on completion of their tenure. Earlier this week, cabinet approved a new recruitment scheme for armed forces called Agnipath, the youth selected
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[ad_1] After overhauling its IT infrastructure to set up digital banking departments internally, public sector lender Bank of Baroda is now targeting at least 65% of retail originations and 35% of MSME loans (value-wise) to be done digitally by the end of the current fiscal year. The bank is also
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[ad_1] Financial institutions missed the annual target given by the government Under Pradhan Mantri Mudra Yojana (PMMY) in FY21 by Rs 28,000 crore, on account of pandemic. The national level target under PMMY have been consistently met since inception of the scheme. However, in FY21, an amount of ₹3.22 lakh
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