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A service for global professionals · Sunday, February 2, 2025 · 782,446,850 Articles · 3+ Million Readers
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Indian Overseas Bank News Monitoring

  • Published on Feb 1, 2025

    Going easy on tax deducted at source, parity for ULIPs

    One of the key issues faced by investors in deposits and more so by senior as well as super-senior citizens is the tax deducted at source (TDS), which kicks in at lower thresholds, thus leading to lower personal liquidity. Another key aspect for persons …

    Source: The Hindu Business Line - Neutral
  • Published on Feb 1, 2025

    Budget 2025: Govt tries to strike a balance between credit and deposits

    The Indian banking and financial sector, though robust and well-capitalised, continues to face serious challenges linked to unsecured loans and global market volatility. These issues were already highlighted in the Economic Survey 2025. To combat these, …

    Source: Livemint - Neutral
  • Published on Feb 1, 2025

    Budget 2025: Credit cards, guarantee scheme at the centre of FM's loan push

    Mumbai: Finance minister Nirmala Sitharaman on Saturday announced a slew of measures to boost availability of credit to small businesses and street vendors through a guarantee scheme and credit cards. First, Kisan Credit Cards (KCC) loan limit will be …

    Source: Livemint - Neutral
  • Published on Feb 1, 2025

    MSMEs Power Up: Budget fuels India’s growth engine

    In a significant move, the Union Budget for 2025-26 has reinforced the vital role of India’s Micro, Small, and Medium Enterprises (MSMEs) as a cornerstone of economic growth. Recognizing MSMEs as one of the four primary growth engines, the budget has …

    Source: The Hindu Business Line - Neutral
  • Published on Jan 26, 2025

    Indian Overseas Bank Celebrates Republic Day with Patriotic Fervor

    Indian Overseas Bank (IOB) celebrated the 76th Republic Day with great enthusiasm and patriotic spirit at its Central Office. The event commenced with an impressive parade, followed by the unfurling of the National Flag by Shri Ajay Kumar Srivastava, …

    Source: PSU Connect Media - Neutral
  • Published on Feb 1, 2025

    IDBI Bank, LIC, HAL, IOB, BoM, Cochin Shipyard, BPCL & Concor among divestment stocks in focus today

    IDBI Bank Ltd, Cochin Shipyard Ltd, Container Corporation of India Ltd (CONCOR), Bharat Petroleum Corporation Ltd and Hindustan Aeronautics Ltd (HAL) are among disinvestment candidates that may hog limelight today, ahead of the Union Budget 2025. A few …

    Source: Business Today - Uncategorized
  • Published on Jan 30, 2025

    Panel dismisses complaint against delay in disbursal of lottery prize money

    The Ernakulam District Consumer Disputes Redressal Commission has dismissed a complaint lodged by a native of Kadungalloor near Aluva, alleging that he did not receive a lottery prize money in time due to delay on the part of the Udyogmandal branch of the …

    Source: The Hindu - Center-left
  • Published on Jan 25, 2025

    Bank deposits just got more lucrative for the elderly

    As a primary go-to financial product for most conservative Indians, bank deposits hold a key place of prominence in the money life of a large swathe of investors. At a time when bank deposit rates barely beat inflation (pre-tax), the elderly have something …

    Source: The Hindu Business Line - Neutral
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