Download
Mobile App

android apple
signal

August 18, 2023 1:28 PM

Don't compound penal interest on loans : RBI to Banks, NBFCs

Reserve Bank issued guidelines to banks, NBFCs on levying of penal rates of interest on loans. RBI in a circular dated 18th Aug 2023 mentioned that there shall be no capitalisation of penal charges i.e., no further interest computed on such charges. After reviewing the practices followed by Banks...

August 18, 2023 1:04 PM

No improvement in current flood situation in about eight districts of Punjab

There is not much improvement in the current flood situation in about eight districts of Punjab. Now the releasing of water from various dams has also been reduced, but at present the increased water level of Satluj and Beas rivers has marooned many villages. Crops have been destroyed in thousands o...

August 18, 2023 12:14 PM

Canada wildfire: 20,000 people, residents of Yellowknife evacuating

In Canada, the northern city of Yellowknife is witnessing a mass evacuation by road and air, ahead of an approaching wildfire. This comes after an evacuation order was issued by the authorities on Wednesday night. Yellowknife is the capital of Canada's Northwest Territories with a populataion o...