RBI data shows Indians are moving away from debit cards as UPI and credit cards become more popular. UPI’s speed and convenience, along with credit card rewards and easy credit access, are changing payment habits across India.
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AU Small Finance Bank has partnered with Intellect Design Arena to adopt the Purple Fabric AI platform. The move aims to speed up its AI-first banking strategy, improve risk assessment, automate credit decisions, and deliver smarter customer experiences.
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Before buying property, check the project or builder on the RERA website using the registration number. You can verify project details, approval status, and completion timeline. RERA-registered projects offer more transparency and reduce fraud risk.
To calculate tax on salary, deductions like standard deduction, PF, and Section 80C are subtracted from gross salary. The remaining taxable income is then taxed as per slab rates. Tax rates differ under old and new tax regimes, affecting the final tax amount.
CTC is the total cost to company including salary, allowances, bonuses, and PF. In-hand salary is the actual amount received after deductions like PF, tax, and others. Hence, CTC is higher, but the take-home salary is lower.
After a loan default, banks first send reminders and notices. If unpaid, the account becomes NPA and recovery begins. In secured loans, banks can seize collateral, while unsecured loans may involve legal notices and court action. Continuous default also impacts the CIBIL score.