It consists of a unique combination of numbers and characters printed in magnetic ink at the bottom of cheques to facilitate automated processing. The MICR code helps in identifying the bank and ...

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 12.5%, if your total long term capital gain exceeds 1.25 lakh. Any cess/surcharge is not ...

The bank currently trades at 6.2x my expected 2025 earnings, with the tangible book discount still sitting at over 35%. Considering that some 43% of revenues come from the Investment Bank and ...

Cleveland Kids’ Book Bank wants to begin its next chapter in a new facility. The nonprofit that distributes new and gently used books to children in Greater Cleveland has made public a $2 million ...

J&K Bank, Bank of India, Canara Bank The Reserve Bank of India has imposed a monetary penalty of Rs 1 crore on Bank of India, Rs 3.31 crore on Jammu and Kashmir Bank, and Rs 1.63 crore on Canara Bank.

Bank of America offers a great branch and online experience, but like many traditional banks, it pays little interest on its savings products. Many, or all, of the products featured on this page ...

A social media post claiming that the Reserve Bank of India (RBI) has banned writing cheques in black ink has left netizens baffled. The post has sparked widespread speculation, with many questioning ...

Q3 Results: Companies like UCO Bank, PNB Housing Finance ... Hence, we see a marginal rise in provisions, sequentially, for RBL, ICICI and INBK whereas we see a flattish trend in provisions ...

Recent social media posts have sparked confusion by claiming that the Reserve Bank of India (RBI) has prohibited the use of black ink on cheques. The government's Press Information Bureau (PIB) has ...

Bangladesh all-rounder Shakib Al Hasan has received an arrest warrant over two bounced bank cheques. The warrant was issued by Ziadur Rahman, the Dhaka Additional Chief Metropolitan Magistrate. Listen ...

Ontario residents could soon be able to pocket some extra money as the province confirmed Friday that the promised rebate cheques are now being sent. The Ontario Government said eligible residents ...

A claim has been circulating on social media, suggesting that the Reserve Bank of India (RBI) has mandated the use of specific ink colors for writing cheques. However, the Press Information Bureau ...