A depositor can open the fixed deposit account in his/ her name. Alternatively, Fixed Deposit can be opened by more than one individual in their own names as a joint account. The Reserve Bank of India has laid down joint...

What is the Stand Up India scheme? The Stand Up India scheme is founded on a realisation of the difficulties faced by SC, ST, and women entrepreneurs in establishing businesses, acquiring loans, and other forms of assistance that may be...

What is POMIS? Post Office Monthly Income Scheme (POMIS) is a monthly savings scheme regulated by the Department of Post (DOP). The Central Government of India governs this savings scheme. It intends to provide a monthly income for small and...

Pradhan Mantri Jan Dhan Yojana (PMJDY) is a National Mission for the financial inclusion of the citizens of India. The Government of India launched the Pradhan Mantri Jan Dhan Yojana on 28th August 2014. The sole objective of the scheme...

The increase in suspicious activities in the financial market has had a negative effect on the financial sector. The increase in financial crime deeply impacts the financial market. Therefore, there was a need to introduce strict procedures to know the...

Current PPF Interest Rate 2023-24 The current PPF account interest rate remains unchanged by the Ministry of Finance for the current quarter 2023-24 is as of . The public provident fund interest is calculated every month on the lowest balance...

Life comes with no guarantee. We live in a completely unpredictable world where we have no clue about the future. With increasing life expectancy it becomes of utmost importance to plan your retirement now and secure your future. Retirement means...

Even now, the majority of India's population is reliant on the agriculture business. Despite the fact that the government has implemented a number of creative programs, poverty and unemployment continue to plague the country. To combat this, the government launched...