Business Short News

SBI, HDFC Bank And ICICI Bank Cheque Bounce Charges

SBI, HDFC Bank And ICICI Bank Cheque Bounce Charges

The dishonour of an issued cheque or "cheque bounce" is when a cheque presented at the bank cannot be processed for various reasons. Before we go to the penalty charged by most popular Indian banks, let's look at the common reasons for a cheque bounce and why you should not take writing a cheque lightly.

Isha Ambani ties the knot with Anand Piramal

Isha Ambani ties the knot with Anand Piramal

Reliance Group chairman Mukesh Ambani's daughter Isha tied the knot with Piramal Group Chairman Ajay Piramal's son, Anand Piramal, in a grand ceremony on Wednesday. The marriage took place at Ambani's Altamount Road residence, Antilia in Mumbai. Pranab Mukherjee, Hillary Clinton, Rajnath Singh, Devendra Fadnavis, Ratan Tata, among others attended the wedding.
Shaktikanta Das sworn in as new RBI Governor

Shaktikanta Das sworn in as new RBI Governor

The former finance secretary and current member of the finance commission, Shaktikanta Das, took oath as the Governor of the Reserve Bank of India (RBI) today. The move was initiated just two days after Urjit Patel resigned as the RBI Governor. Das is currently a member of the Finance Commission of India. He was a former economic affairs secretary from 2015 to 2017.
Sensex gains 200 points, Nifty above 10,600

Sensex gains 200 points, Nifty above 10,600

Domestic stock markets opened in green on Wednesday a day after the Modi government appointed a new RBI governor. The 30-share Sensex opened at 35,354.84, up 204.83 points or 0.58 per cent and the Nifty at 10,607.75, with a gain of 58.60 points or 0.56 per cent. Indiabulls Housing Finance, Yes Bank, Tata Steel, Kotak Mahindra Bank, and Sun Pharma were the top gainers.  
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