Indian Overseas Bank on Friday have launched ‘Connect Card’ a new ATM-cum-debit card in association with VISA that can be used for e-commerce across five lakh merchant outlets.
Petrol and Diesel prices hiked
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Petrol price was on Friday hiked by 75 paise and diesel by 50 paise a litre as a rise in global oil rates and fall in the rupee value increased the cost of production.
Charges to Acquire Money from ATM
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Every bank has decided to collect charges from the customers at each time, when they acquire money from the ATM centers.
To give a clear view to the public, the Indian Reserve Bank has declared its news recently, that the public should not get worried about these rumors and they can freely use their rupee notes for transactions.
IDBI Bank revised term deposit rates
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IDBI Bank on Tuesday announced a revision in its interest rate offerings on term deposits by raising it by 0.50 percentage points in the longer term.
The central finance ministry has issues a severe warning that stern action will be taken throughout the country on those who have not paid the service taxes.
Gold price reduced Rs.32 Per Sovereign
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The cost of gold has reduced Rs.32 Per Sovereign on Tuesday morning (Dec 31, 2013).
Canara Bank hiked base rate
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Canara Bank on Monday hiked the base rate or the minimum lending rate by 0.25 percentage point to 10.20 per cent even as the Reserve Bank of India (RBI) kept its policy rates unchanged.
The service tax offices and central excise commissionerates in Chennai will be open till midnight on Tuesday to facilitate trade and industry to file declarations.
Gold price reduced Rs.88 Per Sovereign
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The cost of gold has reduced Rs.88 Per Sovereign on Monday evening (Dec 30, 2013).
According to CEBR, the London based economy consultancy, next to China and US, India is expected to become the 3rd largest economy in the world by the year 2028.
According to Tamil Nadu Government statement, the Enforcement Wing, of Tamil Nadus Commercial Tax Department has collected taxes to the tune of Rs 100 crore up to the month of November as against Rs 14 crore collected last year
Gold price increased Rs.40 Per Sovereign
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The cost of gold has increased Rs.40 Per Sovereign on Saturday morning (Dec 28, 2013).
Campaign to exchange soiled notes
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A special campaign has been initiated by the Indian Overseas Bank campaign to exchange soiled notes of denominations Rs. 10, Rs. 20 and Rs. 50 at its branches.
