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  New Delhi: The Reserve Bank of India (RBI) has imposed monetary penalties on eight Indian banks. Chhattisgarh Rajya Sahakari Bank, The Goa State Co-operative Bank, Garhaa Co-Operative Bank, The Yavatmal Urban Co-operative Bank, Jila Sahakari Kendriya Bank, Warud Urban Co-operative Bank, Indapur Urban Co-operative Bank, and The Mehsana Urban Co-operative Bank were among the eight banks. The penalties imposed on these eight banks ranged from Rs 1 lakh to Rs 40 lakh. Furthermore, the RBI imposed a monetary penalty on Spandana Sphoorty Financial, an NBFC. Read More:- Kajari Teej 2022: Date, significance, puja vidhi – check here Chhattisgarh Rajya Sahakari Bank Maryadit, Raipur: The Reserve Bank of India imposed a Rs 25 lakh penalty on this bank for failing to comply with certain provisions of the ‘Reserve Bank of India (Know Your Customer (KYC)) Directions, 2016’.  The penalty follows a statutory inspection of the bank by NABARD regarding the bank’s financial position as of March 31, 202

  With the convenient service, pensioners are no longer required to make in-person visits to the pension disbursing agency to physically submit life certificates Every year, senior citizens are required to provide a Life Certificate, known as  Jeevan Praman Patra , to the relevant agency or Pension Disbursing Authority to keep receiving their pension. To do this, they can either visit banks or post offices in person or generate a digital Life Certificate through the government’s Jeevan Pramaan Face app.  LIC  offers three pension plans that are most suited for senior citizens – LIC’s Jeevan Akshay – VII, LIC’s New Jeevan Shanti, and LIC’s Saral Pension. Read More:   Govt To Launch Kisan Rin Portal On September 19, To Help Farmers Get Subsidised Loans What is a Digital Life Certificate? The  Digital Life Certificate  (known as Jeevan Pramaan) is a digital service equipped with biometric technology designed for pensioners. This service is available to pensioners receiving pensions from c

  Starting October 1, a number of important  financial rules  and regulations will be implemented. These important changes range from new tax collection at source (TCS) rules to birth certificates becoming a single document for Aadhaar cards and government jobs to suspension of small savings accounts if Permanent Account Number (PAN) and Aadhaar card documents are not submitted. Read More:   Google introduces earthquake alert system for Android users in India; Know how it will work Besides, the Reserve Bank of India (RBI) may pronounce a new rule regarding the exchange of Rs 2,000 currency notes. For now, the deadline for depositing or exchanging Rs 2,000 notes is September 30. On Tuesday, the Securities and Exchange Board of India (Sebi) extended the deadlines for nomination in eligible demat accounts and submission of PAN, nomination and KYC details by physical security holders till December 31. The earlier deadline was September 30. Here’s the list of personal finance rules that wil

  From UPI to the digitization of  government  facilities, fast-speed internet has become a necessity for people to continue working. However, the mobile network is often unreliable, and cable fiber networks are not available everywhere. Therefore, to help people achieve faster speeds with a wireless connection, Jio finally started offering Jio AirFiber in September 2023. Read More:   Apple Diwali sale: Massive discounts on iPhone 15 Pro, MacBook, iPad, and more Jio AirFiber is a wireless internet service from Jio that uses 5G technology to provide high-speed internet connectivity. It is designed to meet the needs of home entertainment, smart home services, and high-speed broadband. It offers speeds comparable to those of traditional fiber-optic connections, and users can also access speeds of up to 1 Gbps. Jio states that Jio AirFiber is similar to wireless 4G dongles but with additional benefits, such as broadband-like speeds via 5G. Users can choose from 30Mbps, 100Mbps, 150Mbps, 30

  To facilitate the payment of various types of income taxes such as self-assessment tax and  advance tax , individuals are required to use challan 280, a government form designed for this purpose. According to The Economic Times report, it is important to note that there are two methods available for filling up and submitting  income tax  payments using challan 280: online and offline. Read More:   Income Tax Alert: CBDT extends due date for filing Form 10B/10BB, ITR-7 till THIS Date The report added even if an individual opts for the offline method, the process begins by downloading the challan from the e-filing  Income Tax Return  (ITR) portal, which means an initial online step is necessary. Here’s an overview of the online processes for tax payment using challan 280: Step 1: Visit the e-filing portal at https://www.incometax.gov.in/iec/foportal. If you haven’t logged into the e-filing ITR portal, you’ll find the ‘e-pay Tax’ button under quick links. If you’re already logged in, th

Petrol, Diesel Prices Today: In Delhi, the price of petrol stands at Rs 96.72 per litre, while diesel is priced at Rs 89.62 per litre Petrol, Diesel Prices Today On October 25 : The prices of  petrol and diesel  are revealed daily at 6 am, regardless of whether they have undergone changes or remained constant. However, these prices vary across states due to factors like value-added tax (VAT), freight charges, and local taxes. Read More:   SBI Card announces festive offers, EMI promotions for card holders: Check details​ Delhi Petrol Price As of October 25, in Delhi, the price of petrol stands at Rs 96.72 per litre, while diesel is priced at Rs 89.62 per litre. Mumbai Petrol & Diesel Price In  Mumbai , petrol price on  October 25  continued to retail above Rs 100 mark at  Rs 106.31  for a litre, while diesel was being sold at Rs 94.27 per litre. Check city-wise Petrol and Diesel prices on October 25 Read More:   Cyclone Tej: IMD predicts rainfall in several states amid storm brewing