Sensex Tanks 6,600 Points in 36 Sessions How To Come Out Winners From This Market PDF

3/10/2020 Sensex tanks 6,600 points in 36 sessions; How to come out winners from this market
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Deposits with Yes Bank insured up to Rs 5 EXPAND
lakh but what should salary account holders

do?
The insurance cover offered by the DICGC covers all the accounts of one depositor held
with the same or different branches of the same bank for a maximum of Rs 5 lakh. DICGC
covers all deposits such as savings, fixed, current and recurring deposits.
By Navneet Dubey, ET Online | Last Updated: Mar 06, 2020, 04.58 PM IST Save
8
Comments
Agencies Although the government has limited

withdrawals from Yes bank accounts to a IN THE SPOTLIGHT
maximum of Rs 50,000 per month, account Why Term Insurance is crucial if
you are Self Employed?
holders should know that deposits with Yes
Bank are insured for up to Rs 5 lakh by the
DICGC. Budget 2020 proposed to increase
insurance coverage of deposits with All About Tax Saving
scheduled banks from Rs 1 lakh to Rs 5 lakh
by Deposit Insurance and Credit Guarantee Don't rush to make last-minute
Corporation (DICGC). DICGC, a wholly- tax-saving investments
The deposit insurance coverage limit is applied owned subsidiary of the Reserve Bank of
separately to deposits in different banks.
India (RBI), increased the deposit insurance
limit to Rs 5 lakh with effect from February 4, Quick tax-saving tips
2020.
This may be the reason why RBI is allowing depositors to withdraw up to Rs 5 lakh or the
total account balance whichever is lower in case of special circumstances or emergencies Here's a quick comparison of
even while withdrawals for regular requirements are limited to Rs 50,000 till April 3, 2020. interest rates on tax-saving debt
investments
What kind of deposits are covered

DICGC covers all deposits such as savings, fixed, current, recurring and so on except for You can save over Rs 1 lakh in
tax just via these 4 avenues
the following deposits:
Deposits of foreign governments;
Deposits of Central/State Governments;
Inter-bank deposits;
More From All about tax-saving ➜
Deposits of the State Land Development Banks with the State co-operative bank;
Any amount due on account of and deposit received outside India
Any amount, which has been specifically exempted by the corporation with the previous
approval of Reserve Bank of India
What if you have accounts at different branches of the same bank?

The insurance cover offered by the DICGC covers all the accounts of one depositor held
with the same or different branches of the same bank for a maximum of Rs 5 lakh. Related Most Read Most Shared
Therefore, if you have more than one account with the same bank (even if in different
Corporation Bank signs MoU with Army for salary
branches), then, too, you will be insured for Rs 5 lakh only. account
Corporation Bank makes salary account attractive

However, the deposit insurance coverage limit is applied separately to deposits in different to compete with private banks
banks. For instance, let us say you have accounts with Bank A and Bank B. Then each
Trident group links Aadhaar with salary account to
account will be separately insured up to Rs 5 lakh. avoid fake data
Deposits with Yes Bank insured up to Rs 5 lakh but what Sensex tanks 6,600 points in 36 sessions; How to come out
1 should salary account holders do? 2 winners from this market 3 SBI reduces MCLR across all tenures by up to 15 bps
IDBI launches debit cum credit Magic Card for
https://economictimes.indiatimes.com/wealth/personal-finance-news/sensex-tanks-6600-points-in-36-sessions-how-to-come-out-winners-from-th… 1/17
IDBI launches debit-cum-credit Magic Card for
What
Home
about joint accounts?
Wealth Tax Save Invest Insure Spend Borrow Earn Plan Real Estate Personalsalary account
Finance News holders
Podcast TomorrowMakers More
As per the RBI, both single and joint accounts will be separately covered under the DICGC
Axis Bank launches zero balance salary account for
scheme. Indian Army
Sample this: You have a savings account which is operated solely by you and another one
jointly operated with your spouse but both are with the same bank. In case the bank fails,
then in such a case, both the accounts will be separately insured under the deposit
insurance scheme.
DISCOVER MUTUAL FUNDS
What if you have a salary account in YES Bank?
As you generally get your salary credited at the end of the month or the first day of the
All Mutual Top Tax
next month, you shouldn't panic. Instead, in a situation like this, you should talk to your Funds Saver Funds
human resource (HR) department on salary-related issue and immediately transfer your
salary account to another bank so that future salaries are not blocked.
Better Than Low Cost
Fixed High Return
Deposits Funds
Similar steps will have to be taken for those whose EMIs and/or SIPs are debited from Yes
Bank accounts.
Click here for all the information and analysis you need for tax-saving this financial
year
Read more on Yes Bank Insurance Salary Account Investor RBI Deposit
Personal Finance Trending
SIP Terms
Tax saving Aadhaar Card Pan Card Cancellation
Also Read
Repo rate linked loan Aadhaar Card Verification
Corporation Bank signs MoU with Army for salary account Aadhaar Card Guide
Corporation Bank makes salary account attractive to compete with private banks Aadhaar card Date of Birth Update
Aadhaar-Mobile Number Linking
Trident group links Aadhaar with salary account to avoid fake data
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IDBI launches debit-cum-credit Magic Card for salary account holders
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Shutterstock.com The panic over the economic fallout of the
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coronavirus outbreak caused a deep crack in
financial markets globally, and Dalal Street
too has suffered major damage. IN THE SPOTLIGHT
Why Term Insurance is crucial if
BSE benchmark Sensex tanked 6,639 points you are Self Employed?
in 36 sessions to close at 35,634 on Monday,

coming down from its all-time high of 42,273
hit on January 20. All About Tax Saving
It is easy to lose interest when stocks are selling off, but This has in a way sent the investment theses Don't rush to make last-minute
market downtrends let high-quality names take a
haywire for most investors. Analysts say tax-saving investments
breather and eventually build new bases.
panicking in such situation can lead to more
Related wealth erosion. Instead, investors should focus on
JPMorgan, Citigroup feast on equity protecting capital by avoiding some common mistakes Quick tax-saving tips
derivatives in coronavirus panic that they usually make in a downtrend market.
Investors brace for crucial week
with YES earnings, Lodha bonds
Buying low P/E stocks
Reliance Industries pips TCS in m-
cap to reclaim its most-valued tag Price-to-earnings ratio is a common valuation tool. But a Here's a quick comparison of
buying or selling decision made on the basis interest rates on tax-saving debt
investments
of this ratio alone is not prudent. Expensive
stocks can become cheap, and cheap stocks
can become cheaper in a down market. You can save over Rs 1 lakh in
Trying to catch a stock ‘on sale’ is always fraught with risk. In many cases, stocks with low tax just via these 4 avenues
P/E ratios may be suffering from weak fundamentals, where shrinking market share may
have resulted in lower earnings growth. That’s not something you want to see in a stock.
Remember, the best merchandise often sells at pricey valuation due to strong More From All about tax-saving ➜
fundamentals and bullish growth prospects.
“Don’t try to catch a falling knife, wait for the market to settle before stepping in to buy
value,” said Aamar Deo Singh, Head Advisory at Angel Broking.
Buying before a base is formed
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During the recent market correction, many stocks fell to their respective 200-DMA levels
and only some found support. For some traders, long-term support meant buying
1 opportunities.
should salary account holders do?
2 winners from this market 3 SBI reduces MCLR across all tenures by up to 15 bps
Home Wealth Tax Save Invest Insure Spend Borrow Earn Plan Real Estate DISCOVER
Personal Finance MUTUAL
News Podcast FUNDS
TomorrowMakers More
“The key to making money in such a market is waiting until the base formation is complete.
In most cases, stocks that have come down to their 200-day lines may have done so amid
signs of institutional selling. Wait for the stock to prove itself, and look for signs of All Mutual Top Tax
institutional buying as stock builds the right side of the base. Then you have a legitimate Funds Saver Funds
base,” William O’Neil & Co said in its latest report.

Fixed High Return
Buying every possible breakout Deposits Funds
William O’Neil & Co said bullish stock charts tempt investors all the time in a down market.
Some growth names will hang in there with compelling charts. “A breakout may work for a
while, but it will likely be shortlived. While stocks that hold up the best in a down-market
can go on to be the next leaders, they still should not be bought during a downtrend,” it
said.
Averaging your losses Terms
Suppose a stock trades at Rs 100 a share. Your cost basis is Rs 100. The stock heads
lower, and you buy an equal amount of shares at Rs 80, lowering your cost basis to Rs 90.
Then you add further at Rs 75 after it breaches its 50-and 200-DMAs. The problem is
Aadhaar Card Guide
market participants normally tend to average down their holdings, which are under Aadhaar card Date of Birth Update
tremendous institutional selling pressure. “By doing this, you will be doing some serious Aadhaar-Mobile Number Linking
damage to your portfolio,” say market veterans. “It rarely makes sense to buy a stock that How to update or correct Aadhaar details
has the potential to spiral lower before finally hitting a bottom,” they say. Aadhaar card address update Pan Card
Aadhaar Card Update Pan Card
Stop paying attention How to link Aadhaar with PAN Aadhaar card Download
It is easy to lose interest when stocks are selling off, but market downtrends let high-quality Aadhaar Airtel Mobile Number linking PAN
PF contribution Where to Invest Money
names take a breather and eventually build new bases. “When a new uptrend is
confirmed, breakouts deliver the biggest gains. One should focus on the most resilient
names with the least amount of technical damage,” say analysts.
Market outlook
The light is still not visible at the end of the tunnel amid a rise in the number of coronavirus
cases throughout the world. China has again reported an uptick in new confirmed cases of
infections, reversing four straight days of slowdown, driven by infected individuals arriving
from abroad.
Some market experts are advising investors to keep power dry. “Right now, nothing seems
like a safer bet amid the ongoing selling due to coronavirus fear and involvement of human
capital, which is presented in all sectors,” said Narendra Solanki, Head of Fundamental
Research (Investment Services) and AVP Equity Research, Anand Rathi Shares & Stock
Brokers.
“It’s basically a risk-off kind of scenario rather than shifting portfolio from high risk to low
risk. This volatility will run its course through the next few weeks, until we find some kind of
peak in coronavirus cases globally,” he said.
year
Read more on Mistakes To Avoid While Investing Market How To Make Money In Market
Dalal Street Coronavirus Making Money
Also Read
Stock markets and oil markets bounce after brutal flooring
Marketing in a machine world
Marketing in the era of digital revolution
Hottest bond market is spreading nervousness
Drug marketers to be held responsible for quality
NEXT STORY
SBI reduces MCLR across all tenures by up

to 15 bps IN THE SPOTLIGHT
Effective from March 10, 2020, the one-year is 7.75 per cent down from 7.85 per cent you are Self Employed?
earlier. Similarly, three-month MCLR now stands at7.50 per cent, down from 7.65 per cent
by 15 bps.
ET Online | Last Updated: Mar 11, 2020, 10.47 AM IST Save
All About Tax Saving
0
Comments
Don't rush to make last-minute
Reuters In a Holi gift for borrowers, the State Bank of tax-saving investments
India (SBI) has reduced the marginal cost-
based lending rate (MCLR) by 10-15 basis
points or 0.10-0.15 per cent (100 basis Quick tax-saving tips
point/bps = 1 per cent) across tenors .
Effective from March 10, 2020, the one-year

MCLR has been cut by 10 bps to 7.75 per Here's a quick comparison of
cent, down from 7.85 per cent. interest rates on tax-saving debt
investments
Borrowers must remember that the reduction of MCLR Similarly, three-month MCLR now stands at
will impact their EMI only when the reset date of their
7.50 per cent, down 15 bps from 7.65 per You can save over Rs 1 lakh in
loans arrives.
cent. tax just via these 4 avenues
Related
State Bank of India reduces FD MCLR rates effective from March 10, 2020
rates. Here are the latest ones
Tenor Existing MCLR (In Revised MCLR
%) (In %)
Over night 7.6 7.45
One Month 7.6 7.45
Three Month 7.65 7.5
Six Month 7.8 7.7
One Year 7.85 7.75
Two Years 8.05 7.95
Three Years 8.15 8.05
Source: SBI website. Bank of Baroda cuts MCLR by up to 10 bps
State Bank of India, Bank of India cut MCLR

This is the second time that the bank has reduced the MCLR rates in one month. In
Bank of Maharashtra cuts MCLR by up to 45 bps
February, 2020, bank reduced its MCLR across all tenures by 5 bps.
Indian Bank to revise MCLR from January 3
However, borrowers must remember that the reduction of MCLR will impact their equated Allahabad Bank cuts MCLR by 5 bps
monthly instalment (EMI) only when the reset date of their loans arrives.
Typically, in a home loan, a bank offers MCLR with a reset period of six month or one year.
On the reset date, the future EMIs of the borrowers will be calculated on the basis of the
prevailing interest rate (i.e., MCLR plus margin rate).
All Mutual Top Tax
Funds Saver Funds
Borrowers’ now have an option to switch their existing MCLR linked home loan to external-
benchmark linked home loan. This can be done by paying an administrative cost.
Fixed High Return
The external-benchmark linked interest rates are more transparent and offer better Deposits Funds
transmission of RBI policy decisions. Any change in the RBI policy decision will be
effectively transmitted to the borrowers’ EMI atleast once in the three months.
The PSU lender along with cutting its MCLR rates has also slashed fixed deposit interest
rates for certain tenors by up to 50 bps.
1 Click here forBank
all the information and analysis2you need for6,600
tax-saving
Deposits with Yes insured up to Rs 5 lakh but what Sensex tanks points in 36 this financial
sessions; How to come out
3 SBI reduces MCLR across all tenures by up to 15 bps
should salary account holders do?
year winners from this market Terms
y
Read more on Sbi Mclr Rate Home Loan Borrowers RBI Sbi MCLR Mclr
Aadhaar Card Guide
Also Read Aadhaar card Date of Birth Update
Bank of Baroda cuts MCLR by up to 10 bps Aadhaar-Mobile Number Linking
State Bank of India, Bank of India cut MCLR
Bank of Maharashtra cuts MCLR by up to 45 bps
Indian Bank to revise MCLR from January 3 How to link Aadhaar with PAN Aadhaar card Download
NEXT STORY
Airbnb makes tweaks to refund policy amid

spread of coronavirus IN THE SPOTLIGHT
Airbnb’s policy is that all reservations are able to be canceled within 48 hours of booking you are Self Employed?
for a full refund. Beyond that, it’s up to hosts to determine the refund policy, which are
stated on the listings and range from flexible to strict.
Bloomberg | Last Updated: Mar 11, 2020, 10.00 AM IST Save
0
Comments
By Olivia Carville and Eric Newcomer tax-saving investments
Airbnb Inc. is making adjustments to its

refund policy in an attempt to balance the Quick tax-saving tips
needs of hosts and guests on its home-
sharing site amid the global coronavirus
outbreak that has severely reduced travel
demand. Here's a quick comparison of
interest rates on tax-saving debt
investments
Because Airbnb operates as an online
Airbnb announced some changes Tuesday meant to platform -- connecting people who want to
encourage people to keep booking trips on its platform.
rent out all or part of their home with You can save over Rs 1 lakh in
travelers seeking accommodations -- it’s tax just via these 4 avenues
choosing to take a lighter touch with hosts.
The San Francisco-based startup said it will reward hosts who are more flexible or
generous on offering refunds. The company will offer promotions for those listings to drive
new bookings and will waive the standard 3% host fee on new reservations for those
listings through June 1.
“When a crisis like coronavirus hits, we know both hosts and guests are affected,” Airbnb
said in a statement Tuesday. “Hosts lose earnings that they rely on to make ends meet.
Guests are losing hard earned vacation savings.”
Airbnb’s policy is that all reservations are able to be canceled within 48 hours of booking
Turkey reports first coronavirus case
for a full refund. Beyond that, it’s up to hosts to determine the refund policy, which are
stated on the listings and range from flexible to strict. Coronavirus and Indo-China trade
Coronavirus: Northeastern states sound alert
Since the Covid-19 virus became more widespread Airbnb has been granting full refunds Coronavirus impacts tourist bookings in Ladakh
to people traveling to China, South Korea and Italy.
Iranian lawmaker dies of novel coronavirus
Airbnb also announced some changes Tuesday meant to encourage people to keep Coronavirus outbreak: How to quarantine yourself
booking trips
Deposits with Yeson itsinsured
Bank platform.
up to The company
Rs 5 lakh but what will return the service fee guests pay to Airbnb
1 should salary account holders do?
2 Sensex tanks 6,600 points
winners from this market
in 36 sessions; How to come out
as a coupon for future reservations if people cancel their trips on bookings made from now
as a coupon for future reservations if people cancel their trips on bookings made from now
Home June
through Wealth
1. ThatTax Save
doesn’t Invest Insure
guarantee that hostsSpend
offer aBorrow
refundEarn
and itPlan Real help
doesn’t Estatepeople
Personal Finance News Podcast TomorrowMakers More
who already booked their trips.

“While it is clear that the coronavirus will have an impact on the entire travel and tourism
industry, we believe travel will recover in the long run,” Airbnb said. All Mutual Top Tax
Funds Saver Funds
year Better Than Low Cost
Fixed High Return
Deposits Funds
Read more on Airbnb Refund Policy Coronavirus Airbnb Startup
Travel And Tourism Industry
Also Read
Turkey reports first coronavirus case Personal Finance Trending
Coronavirus and Indo-China trade Terms
Coronavirus: Northeastern states sound alert
Coronavirus impacts tourist bookings in Ladakh Repo rate linked loan Aadhaar Card Verification
Iranian lawmaker dies of novel coronavirus Aadhaar Card Guide
Aadhaar card Date of Birth Update
Financial Calculators
Plan your Tax Calculate EMIs and more Plan your Savings
INCOME TAX INVOICE CAR LOAN PERSONAL SUKANYA EMPLOYEES'

CALCULATOR GENERATOR CALCULATOR LOAN SAMRIDDHI PROVIDENT
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Bond investors prefer safety to returns on

YES Bank woes IN THE SPOTLIGHT
Sovereign-backed institutions are now preferred over their private sector peers, whose you are Self Employed?
funding costs could rise in the next few weeks despite declining bond yields.
By Saikat Das, ET Bureau | Last Updated: Mar 11, 2020, 09.11 AM IST Save
0
Comments
Shutterstock.com Mumbai: Bond investors are seeking the Don't rush to make last-minute
safety of their investments after the Reserve tax-saving investments
Bank of India (RBI) suspended the existing
management of Yes Bank ahead of a State
Bank of India-led recast at the private-sector Quick tax-saving tips
lender. Sovereign-backed institutions are
now preferred over their private sector peers,
whose funding costs could rise in the next
few weeks despite declining bond yields. Here's a quick comparison of
The move could be beneficial for government-backed interest rates on tax-saving debt
1 borrowers with account
should salary lower funding costs.
holders do?
2 winners from this market
investments
The move could be beneficial for
e o e cou d be be e c a o
Home Wealth Tax Save Invest Insure government-backed borrowers
Spend Borrow Earn with
Plan Real lower Personal Finance News
Estate Podcast TomorrowMakers More
funding costs. “Sovereign and quasi-sovereign paper will trade at finer spreads,” said Mihir You can save over Rs 1 lakh in
Vora, director and chief investment officer, Max Life Insurance. “We may see even more
polarisation of demand for quality paper. Given the current situation, sentiment will be
cautious in the next few weeks.” A three-year paper of Housing Development Finance
Corporation yielded about nine basis points higher in the secondary market trading on
Friday, when the benchmark bond yield plunged to a three-and a-half-year low at 6.18%,
mirroring US Treasuries.
On the same day, bonds of the National Bank for Agriculture and Rural Development
(Nabard), and National Hydel Power Corporation (NHPC) bonds were priced about 10-20
basis points lower than their previous primary sales, dealers said.
“Investors want safety,” said Ajay Manglunia. MD and head, institutional fixed income at Related Most Read Most Shared
JM Financial. “Government-backed companies would gain in terms of borrowing costs

Budget proposals get bond investors’ aye
amid falling yields. But, private sector companies are not participating in the bond market
rally with investors turning risk-averse following the latest bank collapse.” Bond investors prefer safety to returns on YES
Bank woes
Separately, IndusInd Bank on Saturday deferred its proposed bond sale citing current What spook bond investors?
market conditions. SBI’s different perpetual bonds worth Rs 540 crore exchanged hands in RHFL bond investors to weigh legal course
five secondary market transactions on Monday.
Reliance Home bond investors to meet Thursday
There were only four trades worth Rs 90 lakh of bonds of South Indian Bank, IndusInd Rating cuts in Yes Bank add to worries of long-term
bond investors including LIC and EPFO
Bank, Cholamandalam Investment and Tata Motors. In the past one month, the benchmark
bond yield dipped about 37 bps, mirroring plunges in US sovereign benchmark yields and
oil prices.
"Investors prefer more liquid corporate assets like governmentbacked papers,” said Ashish DISCOVER MUTUAL FUNDS
Ghiya, Derivium Tradition India. "There will be risk off and more differentiation among AT-1
bank bonds in favour of PSU and a few private banks. Given the circumstances,
All Mutual Top Tax
investment returns take a back seat over safety, increasing credit spreads and risk Funds Saver Funds
premium."
Select Yes Bank perpetual bondholders would not receive their money back, according to Fixed High Return
Deposits Funds
the RBI’s draft restructuring proposal. The bank did not exercise the "call option" for such
bonds.
This has already raised the risk perception among investors. Dealers expect that investors
will demand 200 bps more for any primary issuance of pe rpetual bonds, which are
perceived as riskier quasi-debt instruments that do not have any fixed maturity. Personal Finance Trending
Terms
year Tax saving Aadhaar Card Pan Card Cancellation
Read more on Yes Bank News Bond Investors Market Yes Bank Dealers Aadhaar Card Guide
National Bank For Agriculture
Also Read Aadhaar card address update Pan Card
Budget proposals get bond investors’ aye
Bond investors prefer safety to returns on YES Bank woes Aadhaar Airtel Mobile Number linking PAN
What spook bond investors? PF contribution Where to Invest Money
RHFL bond investors to weigh legal course
Reliance Home bond investors to meet Thursday
Home Wealth Tax Save Invest Insure Spend NEXT

Borrow Earn STORY
Plan Real Estate Personal Finance News Podcast TomorrowMakers More
Bank on many lenders, UPI players told

Curbs on Yes Bank caused massive outages in the operations of leading UPI players. The IN THE SPOTLIGHT
National Payments Corporation of India (NPCI) has asked payment service providers on Why Term Insurance is crucial if
its popular payments platform UPI to adopt a multibank model in a bid to ensure “full you are Self Employed?
resilience” of the country’s payments ecosystem.
By Ashwin Manikandan, ET Bureau | Last Updated: Mar 11, 2020, 08.25 AM IST Save
0
Comments
Agencies Mumbai: The National Payments Don't rush to make last-minute

tax-saving investments
Corporation of India (NPCI) has asked
payment service providers on its popular
payments platform UPI to adopt a multibank
model in a bid to ensure “full resilience” of Quick tax-saving tips
the country’s payments ecosystem, which

was disrupted after regulatory curbs were
imposed on Yes Bank late last week.
Here's a quick comparison of
The curbs caused outages in the services of investments
NPCI, which acts as an umbrella organisation for retail leading UPI players such as PhonePe and
payments and settlement systems in India, said on
BharatPe, where the distressed lender was
Tuesday that it had already first advised large UPI You can save over Rs 1 lakh in
the sole banking partner.
players to operate under a multi-bank approach in tax just via these 4 avenues
September 2017.
NPCI, which acts as an umbrella
organisation for retail payments and settlement systems in India, said on Tuesday that it More From All about tax-saving ➜
had already first advised large UPI players to operate under a multi-bank approach in
September 2017.
“There are already a few payment apps operating on the multibank model and some of
them are in the final phases of migration,” according to the NPCI statement. “NPCI has
been a proponent of the multibank model to ensure full resilience of the ecosystem. The
last leg payment service providers also prefer to work with multiple parties to ensure high
availability of payment systems.”
Furthermore, as per a circular issued on March 2 – three days prior to the Yes Bank action Bank on many lenders, UPI players told
— NPCI had laid down guidelines for all large third-party application providers (TPAP) to
How to use Bhim UPI to apply for IPO
participate in UPI only through a mandatory multibank model.
‘UPI Chalega’ campaign to cast the net wider
These guidelines applied on all large service providers processing more than 5% of total Banks approve reduced fees for UPI, RuPay
monthly value or volume on the UPI ecosystem with a minimum or at least three partner
PayPal CTO says in for the long haul in India, to
banks which could extend up to 10 banks. “NPCI shall reserve the right to mandate back UPI soon
systemically large TPAPs to onboard on a multibank model, right from the beginning,”
RBI nod to UPI transactions for recurring payments
according to the said circular. Experts have pegged the sole reliance on Yes Bank APIs by
several third-party players to conduct their operations as the primary reason the fintech
ecosystem collapsed following sudden imposition of moratorium on Yes Bank by the
Reserve Bank of India on March 5. These players include large UPI companies such as
PhonePe and BharatPe along with ecommerce majors Flipkart, B2B commerce player DISCOVER MUTUAL FUNDS
Udaan, Angel Broking, and AePS leaders PayNearby. While most of the companies tied up
with private lender ICICI Bank, some are now in talks with other banks to adopt a multi-
bank support model in line with NPCI guidelines. All Mutual Top Tax
Funds Saver Funds
Walmart-backed PhonePe is said to be in talks with leading domestic banks to add new Better Than Low Cost
UPI handles onto their application. Fixed High Return
Deposits Funds
“As we have already said in several forums recently, we were actively working on adding
other PSP partners, this is also as per the recent NPCI advisory and we would have gone
live with ICICI by April anyway,” a PhonePe spokesperson told ET.

Terms
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Read more on Yes Bank Reserve Bank Of India Walmart Aadhaar Card Guide
National Payments Corporation Of India Upi Aadhaar-Mobile Number Linking
Also Read Aadhaar card address update Pan Card

Bank on many lenders, UPI players told
How to use Bhim UPI to apply for IPO Aadhaar Airtel Mobile Number linking PAN
‘UPI Chalega’ campaign to cast the net wider PF contribution Where to Invest Money
Banks approve reduced fees for UPI, RuPay
PayPal CTO says in for the long haul in India, to back UPI soon
NEXT STORY
YES Bank customers can pay credit card

dues, clear loan obligations from other bank IN THE SPOTLIGHT
accounts Why Term Insurance is crucial if

you are Self Employed?
The development comes a day after its newly appointed administrator, Prashant Kumar,
said that the moratorium on withdrawals could be lifted by Saturday. He also added that
the bank is working towards restoring full services for its customers. All About Tax Saving
ET Online | Last Updated: Mar 11, 2020, 03.32 PM IST Save
0
Comments tax-saving investments
Reuters The YES Bank has allowed its credit card

customers to clear their dues and make loan
Quick tax-saving tips
repayments from other bank accounts.
YES bank said that it has enabled inward

payments through IMPS/NEFT and
Here's a quick comparison of
customers can make payments towards their interest rates on tax-saving debt
credit card dues and loan obligations through investments
other accounts.
You can save over Rs 1 lakh in

The is also working on a draft resolution plan according The development comes a day after its tax just via these 4 avenues
to which the SBI may take over 49 per cent of YES
newly appointed administrator, Prashant
Bank's equity at Rs 10 a piece.
Kumar, said that the moratorium on
withdrawals could be lifted by Saturday. He also added that the bank is working towards More From All about tax-saving ➜
restoring full services for its customers.
The RBI had capped withdrawals from YES Bank at Rs 50,000 and put the bank under
moratorium for a month as it struggled to meet capital requirements. The central bank also
appointed Prashant Kumar as the administrator.
YES BANK Most Read Most Shared

@YESBANK
State Bank of India reduces FD rates. Here are the
Inward IMPS/NEFT services have now been enabled. You can latest ones
make payments towards YES BANK Credit Card dues and loan Your health insurance policy might not cover
obligations from other bank accounts. Thank you for your co- coronavirus in these situations
operation.@RBI
Deposits with Yes @FinMinIndia
Bank insured up to Rs 5 lakh but what Sensex tanks 6,600 points in 36 sessions; How to come out
1 should salary account holders do? 2 winners from this market 3 SBI reduces
SBI reduces MCLR across
MCLR across all tenures
all tenures by upby
to up
15to 15 bps
700 10:36 AM - Mar 10 2020 bps
https://economictimes.indiatimes.com/wealth/personal-finance-news/sensex-tanks-6600-points-in-36-sessions-how-to-come-out-winners-from-t… 10/17
700 10:36 AM - Mar 10, 2020 bps
Yes Bank crisis to hit LIC customers
410 people are talking about this
How to link PAN with Aadhaar
More »
It is also working on a draft resolution plan according to which the SBI may take over 49
per cent of YES Bank's equity at Rs 10 a piece. The regulator is likely to submit the revival
plan at the earliest with the government for its approval.
year DISCOVER MUTUAL FUNDS
Read more on Yes Bank SBI Moratorium Resolution Prashant Kumar

All Mutual Top Tax
Withdrawals Funds Saver Funds

Fixed High Return
Deposits Funds
Financial Calculators Personal Finance Trending
Terms
Aadhaar Card Guide
CALCULATOR GENERATOR CALCULATOR LOAN SAMRIDDHI PROVIDENT Aadhaar card Date of Birth Update
YOJANA FUND
HOUSE HRA EDUCATION HOME LOAN NPS RETIREMENT Aadhaar Card Update Pan Card
INCOME How to link Aadhaar with PAN Aadhaar card Download
More Calculators Aadhaar Airtel Mobile Number linking PAN
NEXT STORY
YES Bank AT1 bond write-down: These MFs,

pension funds stand to lose most IN THE SPOTLIGHT
Miffed by RBI’s plan, some bondholders of Yes Bank have filed a court petition. you are Self Employed?
By Saloni Shukla, Saikat Das, ET Bureau | Last Updated: Mar 11, 2020, 09.39 AM IST Save
0
Comments
AP Mutual funds owned by Nippon, Kotak,
Franklin and firms like Reliance Industries, Don't rush to make last-minute
Barclays Bank, Bajaj Allianz including 34 tax-saving investments
institutions and pension funds stand to lose

thousands of crores with the Reserve Bank
of India deciding to wipe out their AT1 bond Quick tax-saving tips
investments in Yes Bank.
If the draft reconstruction scheme for YES

Bank is exercised, Nippon MF will lose a Here's a quick comparison of
Miffed by RBI’s plan, some bondholders of Yes Bank interest rates on tax-saving debt
whopping Rs 2,500 crore, Franklin MF Rs
have filed a court petition against the total write down of investments
590 crore, Barclays Bank Rs 246 crore,
these bonds, a move that may stall a quick rescue of
Yes Bank.
Kotak MF Rs 130 crore and RIL Rs 100
crore, documents showed. You can save over Rs 1 lakh in
Related
Deposits with Yes Bank insured up to Rs 5 lakh but what Sensex tanks 6,600 points in 36 sessions; How to come tax
out just via these 4 avenues
Mutual funds continue to side Other institutions which stand to loose are Reliance
Mutual funds continue to side- Other institutions which stand to loose are Reliance
Homeexposures
pocket Wealthto YES Tax
Bank Save Invest Insure Spend Borrow Earn Plan Real Estate Personal Finance News Podcast TomorrowMakers More
Nippon Life Insurance, Larsen and Toubro, UTI MF, and
bonds
YES Bank case: Anmi urges RBI to
Bharti Axa. Even pension funds like the State Bank of
consider exempting capital market India employees pension fund, the Larsen and Toubro
transactions
officers and supervisory staff pension fund, the NPS trust
YES Bank insolvency may tighten fund, Indian oil corporation employees provident fund
credit market, widen economic pain:
S&P (refineries division), national hydroelectric power
YES Bank debt writedown to hit corporation limited employees provident fund also stand
sector capital-raising to loose crores of pension money.
“Indian investors need to face the reality of perpetual bonds (compliant with Basel III Most Read Most Shared
norms) as this is more of an equity product with inbuilt risk factors,” said the chief of a fund State Bank of India reduces FD rates. Here are the
house that cautiously avoided investing in those papers. latest ones
Your health insurance policy might not cover

The RBI has come up with a restructuring plan to give a new life to YES Bank that would coronavirus in these situations
entail a minimum equity investment of Rs 2,450 crores by the State Bank of India, but that
SBI reduces MCLR across all tenures by up to 15
would keep these entities separate leaving scope for the state-run lender to exit the bps
investment when it turns profitable. The plan also entails wiping out about Rs 8,700 crore
invested by bond holders in AT1 instruments.
How to link PAN with Aadhaar
Miffed by RBI’s plan, some bondholders of YES Bank have filed a court petition against the More »
total write-down of these bonds, a move that may stall a quick rescue of YES Bank. Axis
Trustee Services filed the petition in the Bombay High Court on Monday against RBI, YES
Bank and the government.

Globally, perpetual bonds are perceived as risky as the yield differential is quite high over
normal bonds unlike in India until recently.
All Mutual Top Tax
Funds Saver Funds
With the latest collapse, the yield differential is now expected to rise up to 200 basis points
more making it difficult for mid to small size entities that are keen to raise money via the
route. Fixed High Return
Deposits Funds
Indian investors are not used to any scene where an issuer does not exercise “call option”,
an early exit route normally provided to investors after five years, say market experts.
Earlier in December last year, Andhra Bank flip-flopped in exercising the same. At first, the
bank had decided not to exercise the “call option” only to reconsider the same later. Personal Finance Trending
Click here for all the information and analysis you need for tax-saving this financial Terms
year
Read more on Yes Bank Reliance Nippon Life Insurance Nippon MF Court Allianz
Aadhaar Card Guide
NEXT STORY
Sensex down 6%; should mutual fund

investors be worried? IN THE SPOTLIGHT
The stock market is hit by a deluge of bad news from both India and abroad: discovery of you are Self Employed?
more Coronavirus patients and deepening Yes Bank fiasco, coupled with crash in global
crude prices
Deposits shaved
with Yes off nearly
Bank insured up to Rs5% from
5 lakh the market key
but what index
Sensex tanks-6,600
S&Ppoints
BSEinSensex.
36 sessions; How to come out
By Shivani Bazaz ET Online | Last Updated: Mar 11 2020 09 15 AM IST S
All Ab
https://economictimes.indiatimes.com/wealth/personal-finance-news/sensex-tanks-6600-points-in-36-sessions-how-to-come-out-winners-from-t… tT S i 12/17
By Shivani Bazaz, ET Online | Last Updated: Mar 11, 2020, 09.15 AM IST
Home Wealth Tax Save Invest Insure Spend Borrow Earn Plan Real Estate
Save
All AboutPodcast
Tax TomorrowMakers
Personal Finance News Saving More
0
Comments
iStock The stock market is hit by a deluge of bad tax-saving investments
news from both India and abroad: discovery
of more Coronavirus patients; deepening Yes
Bank fiasco, coupled with a crash in global Quick tax-saving tips
crude prices, have shaved off nearly 5%
from the market key index - S&P BSE
Sensex. The market closed at 35,634.95
point, down 1900 points. Here's a quick comparison of
investments
Obviously, some mutual fund investors are
concerned about their investments.
However, mutual fund advisors continue to ask investors to stick to their investment plan You can save over Rs 1 lakh in
and do not get adventurous. tax just via these 4 avenues
According to market participants, apart from the virus threat, crude prices would set the
tone for the market in the near term. The price war launched by Saudi Arabia against its
one-time ally Russia saw oil prices tumbling down to multi-year lows.
"The market has today responded to the turmoil following Saudi Arabia's response to the
collapse of OPEC and also the increasing cases of coronavirus across the globe. Yes
Bank is also adding to these woes. It is a big fall and has resulted in corrections in the
large cap segment," says Puneet Oberoi, Founder, Excelent Investment Advisors, a wealth
management firm based in New Delhi.
Mutual fund advisors are asking investors to tread cautiously.
Sensex down 6%; should mutual fund investors be
worried?
"Mutual fund investors should refrain from taking tactical calls at such times. I would
5 things mutual fund investors should avoid
suggest them not to do anything right now. Don't stop your SIPs or sit at the fence waiting
for the market to bottom out. Falls in the equity market will always be a part of investing . RBI to cut rates soon? What should mutual fund
investors do?
Some might think they can get out and get in later, that's just hurting your capital," says
Gaurav Monga, Director, PxG Consultants, a wealth management firm, based in New Should retail mutual fund investors choose ETFs
and FoFs?
Delhi.
What 2019 taught mutual fund investors
Oberoi says, "As always, I would advice investors to invest in a staggered manner to make A mutual fund investor’s (5-minute) guide to Budget
2020
the most of this volatility. When the market will bottom out, we can't say but one should
keep investing and not try to time the market."
Meanwhile, the bond prices rose sharply due to falling crude prices and on hopes of
larger-than-25-basis-point cut by RBI. DISCOVER MUTUAL FUNDS
"Oil prices in particular sharply corrected. Softer global backdrop and hopes of larger than
25 bps rate cut by the RBI will continue to support investors’ sentiment in the bond market. All Mutual Top Tax
Funds Saver Funds
If the virus situation persists for longer and spreads further, the bond market will price for
deeper rate cuts by the RBI and in that case bond yields can fall below 6%,"said Pankaj
Pathak, fund manager, Quantum Mutual Fund. Fixed High Return
Deposits Funds
Pathak adds that, "Debt investors need to apply extra caution while choosing debt funds.
We advise investors to prefer safety and liquidity over returns in this environment rather
than trying to earn higher returns from bond funds. Investors with low risk appetite should
stick to short maturity funds or Liquid Funds to avoid any sharp volatility in their portfolio
value. However, while choosing such funds one should be aware of the credit risk and Personal Finance Trending
prefer funds which take lower credit and liquidity risks."
Terms
year
Read more on Mutual Funds Investment Mutual Fund Investors Liquid Funds
Aadhaar Card Guide
Mutual Fund News Credit Risk Bond Yields Sensex Mutual Funds Aadhaar card Date of Birth Update
SIP Oil Prices How to update or correct Aadhaar details
1 should salary account holders do? 2 winners from this market 3 card
Aadhaar SBI reduces
address MCLR
updateacross
Pan all tenures by up to 15 bps
Card
Al R d A dh C d U d t P C d
Also Read
Sensex down 6%; should mutual fund investors be worried?
5 things mutual fund investors should avoid PF contribution Where to Invest Money
RBI to cut rates soon? What should mutual fund investors do?
Should retail mutual fund investors choose ETFs and FoFs?
What 2019 taught mutual fund investors
NEXT STORY
YES Bank case: Anmi urges RBI to consider

exempting capital market transactions IN THE SPOTLIGHT
Anmi has requested the RBI to consider exempting outstanding capital market transactions you are Self Employed?
wherein a YES Bank account is involved.
PTI | Last Updated: Mar 09, 2020, 02.53 PM IST Save
0
Comments
New Delhi: Stock brokers association Anmi Don't rush to make last-minute
has urged the RBI to relax conditions of tax-saving investments
moratorium imposed against YES Bank for
payments by the private lender's account
holders against their outstanding capital Quick tax-saving tips
market transactions.
The development comes after YES Bank on

Thursday was put under a moratorium, with Here's a quick comparison of
the RBI capping deposit withdrawals at Rs interest rates on tax-saving debt
investments
The development comes after YES Bank on Thursday 50,000 per account for a month and
was put under a moratorium, with the RBI capping
superseding its board.
deposit withdrawals at Rs 50,000 per account for a
You can save over Rs 1 lakh in
month and superseding its board.
In a letter written to the central bank on
Related Friday, the Association of National Exchanges Members
YES Bank insolvency may tighten of India (Anmi) has requested the RBI to consider
credit market, widen economic pain:
exempting outstanding capital market transactions
S&P
YES Bank debt writedown to hit

wherein a YES Bank account is involved. The move is
sector capital-raising aimed at saving investors from defaulting on existing
Brokerages have mixed views on payment obligations.
SBI, outlook on YES Bank
uncertain
The brokers' association has also requested the regulator
YES Bank FDs, bank guarantees
no longer valid, traders have to to ring-fence bank guarantees (BGs) and fixed deposit
arrange funds by Wednesday receipts (FDRs) issued by YES Bank from the
Why YES Bank bondholders don’t consequential effect of moratorium directions, since Related Most Read Most Shared
have a case against write-down
trading members are having large open positions.
ANMI to mobilise one crore investors for LIC's IPO
"The RBI decision has a cascading effect on trading members and their clients at large YES Bank case: Anmi urges RBI to consider
exempting capital market transactions
since they may not be able to cover their positions from their own funds. Thus, many YES
Bank clients may face serious financial problems," the letter noted. BSE Brokers Forum, ANMI contribute Rs 54.30 lakh
to ‘Bharat Ke Veer’ fund
In case clients fail to make good of their outstanding payments in both cash and Restrictions on 'algo' trade disruptive for markets:
Anmi
derivatives markets, the brokers will become liable to make the payments. This will place
tremendous burden on their resources. ANMI engages WBNUJS to study Sebi's penalty
regime
List Indian Railways, LIC under divestment

Those
Depositsmembers whose
with Yes Bank insuredmoney
up to Rs is already
5 lakh stuck up with
but what YEStanksBank
6,600 may
points not
in 36make
2 Sensex
winners from this market
sessions; How to come out
programme: ANMI MCLR across all tenures by up to 15 bps
3 SBI reduces
immediate alternative financial arrangements to secure BGs and FDRs to cover their open
immediate alternative financial arrangements to secure BGs and FDRs to cover their open
Home positions.
trading Wealth Tax Save Invest Insure Spend Borrow Earn Plan Real Estate Personal Finance News Podcast TomorrowMakers More
It also requested the RBI to give comfort to the exchanges in such a manner that they do
not impose any haircut against existing FDRs and BGs of YES Bank deposited with the DISCOVER MUTUAL FUNDS
clearing corporations of stock exchanges prior to March 6.
All Mutual Top Tax

"The RBI has kept all inter-bank transfers outside the purview of moratorium and hence we Funds Saver Funds
submit that similar treatment be given to outstanding capital market commitments where
payments are due from YES Bank account holders,” Anmi said. Better Than Low Cost
Fixed High Return
Deposits Funds
This assumes significance as SBI Cards and Payment Services' public issue closed on
Thursday and now the shares would be allotted, which would require funds to be
transferred from the account of investors.
On Friday, two major clearing corporations, NSE Clearing and Indian Clearing Corporation,
asked trading members that the existing benefit provided toward BGs and FDRs issued by Personal Finance Trending
YES Bank in favour of the clearing houses would be reduced to 50 per cent by Monday
Terms
and the remaining 50 per cent by Wednesday.
Clearing Corporations have also decided not to accept proposals of fresh YES Bank's BG/ Repo rate linked loan Aadhaar Card Verification
FDR or their renewals. Aadhaar Card Guide

Anmi is an association comprising around 900 stock brokers from across the country that
are members of National Stock Exchange, BSE, Multi Commodity Exchange of India and
other exchanges having national presence.
Click here for all the information and analysis you need for tax-saving this financial How to link Aadhaar with PAN Aadhaar card Download
year Aadhaar Airtel Mobile Number linking PAN
Read more on Yes Bank FDRs ANMI RBI Capital Market
Also Read
ANMI to mobilise one crore investors for LIC's IPO
YES Bank case: Anmi urges RBI to consider exempting capital market transactions
BSE Brokers Forum, ANMI contribute Rs 54.30 lakh to ‘Bharat Ke Veer’ fund
Restrictions on 'algo' trade disruptive for markets: Anmi
ANMI engages WBNUJS to study Sebi's penalty regime
Financial Calculators

CALCULATOR GENERATOR CALCULATOR LOAN SAMRIDDHI PROVIDENT
YOJANA FUND
HOUSE HRA EDUCATION HOME LOAN NPS RETIREMENT

INCOME
More Calculators
NEXT STORY
1
Did depositors second-guess
2
Yes Bank's
Sensex tanks 6,600 points in 36 sessions; How to come out
should salary account holders do? winners from this market
fate? Here's a tale from last year
fate? Here s a tale from last year
IN THE SPOTLIGHT
YES, one of India's largest private lenders, was recently put under moratorium by the RBI you are Self Employed?
in the wake rising bad loans and "serious governance lapses". On Friday, the Reserve
Bank of India unveiled a revival scheme, saying that the State Bank of India could acquire
a 49 per cent equity stake in the private sector lender.
ET Online | Last Updated: Mar 09, 2020, 12.38 PM IST
Save
0 Don't rush to make last-minute

Comments
tax-saving investments
Reuters During the last six months, when Yes Bank
was reeling under one crisis after another,
depositors took out Rs 18,000 crore from the Quick tax-saving tips
troubled lender, an Indian Express report has
revealed.
These withdrawals occurred during April and Here's a quick comparison of

September last year — at a time when the interest rates on tax-saving debt
investments
hope of recovery was fast depleting for the
bank amid failures to secure capital and
The much-delayed earnings announcement for the rising NPAs. You can save over Rs 1 lakh in
December quarter is due on March 14. tax just via these 4 avenues
Though no official data is available yet,
experts expect another 10-20 per cent more withdrawals to have happened from October
2019 to February 2020. According to the bank’s Annual Report, deposits fell to Rs More From All about tax-saving ➜
2,09,497 crore as on September 30, 2019, from Rs 2,27,610 crore on March 31, 2019, a
decline of 8.64 per cent.
YES, one of India's largest private lenders, was recently put under moratorium by the RBI
in the wake rising bad loans and "serious governance lapses". On Friday, the Reserve
Bank of India unveiled a revival scheme, saying that the State Bank of India could acquire
a 49 per cent equity stake in the private sector lender.
Most Read Most Shared
“A plan is being firmed up and would be presented to the RBI soon. There are large
State Bank of India reduces FD rates. Here are the
domestic investors which could be interested besides the foreign ones. If things go to plan, latest ones
this could be a good investment from SBI’s point of view,” an official involved in the
Your health insurance policy might not cover
process said. coronavirus in these situations
SBI reduces MCLR across all tenures by up to 15

“SBI as the anchor investor and RBI setting the base price at Rs 10 is making Yes Bank an
bps
attractive investment proposition,” he added.
The magnitude of the provisions required by the bank has prevented investors from How to link PAN with Aadhaar
infusing funds in the past. Analysts calculate that about half the capital infused could be More »
used for writing off bad loans.
The much-delayed earnings announcement for the December quarter is due on March 14.
It’s expected that the bank’s capital adequacy ratio (CAR) will be negative.
The central bank on Thursday imposed a moratorium on Yes Bank that capped deposit
withdrawals at Rs 50,000 per person per month. The private lender, facing regulatory
All Mutual Top Tax
curbs, on Saturday announced that its systems were operational and that its users could Funds Saver Funds
make withdrawals using its debit cards and ATMs.
Fixed High Return
The ongoing crisis at the bank also left 40,000 Yes Bank debit and forex card holders Deposits Funds
travelling overseas stranded. The situation is especially grim for customers carrying Yes
Bank forex prepaid cards instead of currency notes, with their access to payments for hotel
room accommodation, transport and even food - virtually cut off.
The bank's troubles started early last year even as the RBI slapped curbs and limited
withdrawals in Punjab and Maharashtra Co-operative (PMC) Bank following reports that Personal Finance Trending
real estate developer HDIL group had defaulted 73 per cent of the lender’s total loan book. Terms
1 shouldmore
salary on
account holders do? Cash Withdrawal
Yes Bank
2 Sensex tanks
Yes Bank winnersNPAs
6,600 points in 36 sessions; How to come out
from this market
RBI Banking Crisis
3 Card
Aadhaar SBI reduces
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3/10/2020 Sensex tanks 6,600 points in 36 sessions; How to come out winners from this market

Deposits with Yes Bank insured up to Rs 5 EXPAND

lakh but what should salary account holders

Agencies Although the government has limited

What kind of deposits are covered

What if you have accounts at different branches of the same bank?

Corporation Bank makes salary account attractive

No hand in Yes' fall, Reliance Group

GST council may take call on these

Deposits with Yes Bank insured up to Rs 5 lakh but what

Sensex tanks 6,600 points in 36 sessions; 3 & 4BHK apartment

GM Infinite Offers you

in 36 sessions to close at 35,634 on Monday,

Buying before a base is formed

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an array of conveniences Marketing in a machine world

Marketing in the era of digital revolution

Hottest bond market is spreading nervousness

VISIT SITE Drug marketers to be held responsible for quality

base,” William O’Neil & Co said in its latest report.

Dalal Street Coronavirus Making Money

Marketing in a machine world

Marketing in the era of digital revolution

Hottest bond market is spreading nervousness

Drug marketers to be held responsible for quality

SBI reduces MCLR across all tenures by up

Effective from March 10, 2020, the one-year

State Bank of India, Bank of India cut MCLR

Airbnb makes tweaks to refund policy amid

Airbnb Inc. is making adjustments to its

choosing to take a lighter touch with hosts.

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who already booked their trips.

Travel And Tourism Industry

INCOME TAX INVOICE CAR LOAN PERSONAL SUKANYA EMPLOYEES'

HOUSE HRA EDUCATION HOME LOAN NPS RETIREMENT

Bond investors prefer safety to returns on

JM Financial. “Government-backed companies would gain in terms of borrowing costs

RHFL bond investors to weigh legal course

Reliance Home bond investors to meet Thursday

Home Wealth Tax Save Invest Insure Spend NEXT

Bank on many lenders, UPI players told

Agencies Mumbai: The National Payments Don't rush to make last-minute

the country’s payments ecosystem, which

Personal Finance Trending

Also Read Aadhaar card address update Pan Card

Banks approve reduced fees for UPI, RuPay

YES Bank customers can pay credit card

accounts Why Term Insurance is crucial if

Reuters The YES Bank has allowed its credit card

YES bank said that it has enabled inward

You can save over Rs 1 lakh in

YES BANK Most Read Most Shared

Read more on Yes Bank SBI Moratorium Resolution Prashant Kumar

Better Than Low Cost

Financial Calculators Personal Finance Trending

YES Bank AT1 bond write-down: These MFs,

institutions and pension funds stand to lose

If the draft reconstruction scheme for YES

Your health insurance policy might not cover

DISCOVER MUTUAL FUNDS

Sensex down 6%; should mutual fund

Should retail mutual fund investors choose ETFs and FoFs?