TCS increased the salary of employees, the lowest increase in 4 years, know when it will be effective
– Advertisement – Tata Consultancy Services (TCS) has announced a salary hike for employees for the financial year 2025-26. The company on Tuesday announced a salary hike between 4.5% to 7% for most employees. However, there has been no salary hike for senior employees. It is also worth noting that this is the lowest increase […]
Big Update: SBI Revises IMPS Transaction Charges – New Rules Effective from August 15
– Advertisement – The country’s largest public sector bank, State Bank of India (SBI), has announced changes in the charges levied on fund transfer through IMPS (Immediate Payment Service) in an announcement on Wednesday. These new charges will be applicable from August 15, 2025. According to PTI news, no change has been made on IMPS […]
SEBI Ends Transaction Charges for Mutual Fund Distributors — New Rules Effective Immediately
– Advertisement – The Securities and Exchange Board of India (SEBI) has completely abolished the transaction charges given to mutual fund distributors. This decision has been implemented with immediate effect, so that now asset management companies (AMCs) will not make such additional payments. According to PTI news, this decision has been taken after public consultation […]
New Banking Rule: Minimum Savings Account Balance Raised from ₹10,000 to ₹50,000 Effective Today
– Advertisement – ICICI Bank Minimum Balance: Private sector lender ICICI Bank has sharply increased the requirement of minimum balance in savings account. Now ICICI Bank account holders will have to maintain an average balance of at least ₹ 50000 in their savings account. This rule is effective from 1 August 2025. The change made […]
UPI users Alert: 7 Major Rule Changes Effective – Avoid These Mistakes to Prevent Payment Failures
– Advertisement – UPI (Unified Payments Interface), which has become the most reliable and easy way of digital payment in India, is used by crores of people daily. Due to the pressure on its system, from August 1, 2025, NPCI (National Payments Corporation of India) has implemented some major changes and rules, which will affect […]
America imposed 25 percent duty on India, effective from August 1
– Advertisement – US President Donald Trump has announced to impose 25 percent duty on India from August 1 after some signs of deadlock in the ongoing talks between the two countries on the Bilateral Trade Agreement (BTA). Trump cited India’s high tariffs, “most” of its military equipment and energy purchases from Russia as well […]
State Bank of India: Good news! Bank changed interest rates, Effective from 15 October 2022
SBI Interest Rates: The interest rate on deposits of less than 10 crores remains at 2.70 percent. The change in the interest rate by the bank has been implemented from 15 October 2022. State Bank of India (SBI), the largest public sector bank in the country, has given great news to the customers before Diwali. […]
