RBI has now allowed minors over 10 years of age to open and operate savings and term deposit bank accounts in India, independently.
New taxes on capital gains and transactions have made investments more expensive, causing a significant drop in the Indian stock market.
Netizens cheer as Assam man buys scooter with a sack full of savings in coins.
Aditya Narayan, a singer TV-host has opened up about his financial struggles amid the coronavirus pandemic. He said that he has literally finished his savings during the lockdown.
The State Bank of India (SBI) on Wednesday, 11th March, announced that its customers need not maintain a minimum balance in savings accounts.