Airtel Payments Bank customers can also do financial transactions at any Aadhaar-enabled payment system.One can make a transaction with just Aadhaar number without revealing bank account or debit card details

A small portion of the estimated ₹10,000 crore AT1 bonds issued by the bank are also held by individual investors.Many of the investors are guilty of believing that the bonds are as safe as FDs and will give better returns

Rates of these schemes have been slashed by between 70 bps and 140 bps for the April-June quarter.Those who depend primarily on the income from these fixed instruments, may need to revisit their portfolio

Physical market participants also noted the effect of coronavirus-related restrictions on gold trading

Employees will have to inform their employers about their intention to opt for the new optional tax regime to enable the latter to deduct TDS while paying salaries, says CBDT

Retail borrowers who are facing difficult times, and are unable to repay their loans even after the moratorium ends, will get another three months to regularise their loans.As a standard practice, lenders need to classify a loan as NPA if a borrower doesn’t repay for 90 days.

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