Srinagar: This financial year FY-26 Jammu & Kashmir Bank recorded its highest ever profits of around Rs 2363.47 crore after hiccups due to several challenges over the past decade. MD…
Category: Banking And Finance
Pension amount for elderly, widows under NSAP unchanged since 2012; inflation makes it worse
Even as India claims the spot of the fourth largest economy in the world, the amount of pensions given to senior citizens has remained unchanged at ₹200-500 since 2012, The…
Did your elderly parent become victim of cyber fraud? From saving proof to filing FIR, here’s what you should do next
With advances in financial technology, the threat of online scams and digital fraud is also rising. Elderly individuals are easy targets for scamsters to corner and carry out sophisticated online…
8th central pay commission: Why are staff representatives demanding expansion of family units from 3 to 5, explained
The National Council-Joint Consultative Machinery (NC-JCM) led by Secretary Shiv Gopal Mishra, met with the 8th central pay commission (CPC) chaired by former Supreme Court Justice Ranjana Prakash Desai, and…
How can NRIs simplify investing between India and their country of residence?
For many non-resident Indians (NRIs), managing money across two countries is no longer occasional — it is routine. Income may arise in one geography, while obligations, loans, investments and long-term…
What happens if you don’t extend SCSS tenure? Rules, interest and withdrawal explained
The Senior Citizens’ Savings Scheme (SCSS) is a government-backed investment option designed for individuals aged 60 years and above that provides quarterly interest payments at a predetermined rate, along with…
Dearness Allowance: Indian Railways hikes DA for employees by 2% effective from 1 January — Here’s all you need to know
The Indian Railways (IR) has revised dearness allowance and dearness relief for employees and pensions by 2% with effect from 1 January 2026, effectively taking the component to 60% of…
Bank FD vs SCSS: Which investment gives better returns over 5 years?
Safe investment options such as bank fixed deposits (FDs) and government-backed savings schemes, such as the Senior Citizen Savings Scheme (SCSS) and Sukanya Samriddhi Yojana (SSY), continue to attract investors…
Canara Bank hikes MCLR lending rates; Bank of Baroda keeps rates unchanged — check details
Borrowers with floating-rate loans are likely to see higher EMIs, as Canara Bank has increased its Marginal Cost of Funds Based Lending Rate (MCLR) across all tenors by 5 basis…
He owned Bitcoin and Ethereum, but this coin made him rich: Ripple ex-CTO’s crypto strategy decoded
Not or , Ripple ex-CTO David Schwartz revealed that the cryptocurrency that made him create humungous amount of personal wealth is XRP. Schwartz helped design the XRP Ledger before retiring…
