In 2025, for savings accounts in different branches, HDFC Bank has deemed it fit to hold firm the minimum balance requirements. These are intended to maintain account activity while at the same time giving the customers flexibility in avoiding penalties. Whatever the designation of your city, whether metro or rural, knowledge of these rules will … Read more
In 2025, a major reform was effected by the Employees’ Provident Fund Organisation (EPFO) to facilitate ease of access to the provident fund and to aid in the process of retirement planning. These were instituted with the objective of curbing premature withdrawals, easing out documentation, and hastening digital claim settlements. Over seven crore EPF subscribers … Read more
The 8th Pay Commission is the central government’s most anticipated reform for its employees and pensioners. In October 2025, the status of the government was clear. The commission had been declared, but it was still to be decided who the members would be and what kind of work they would be doing. This indicates that … Read more
In 2025, the Reserve Bank of India (RBI) together with the Government of India opted for implementing new rules against bouncing of cheques to step up the overall financial discipline. Cheques as a payment method have not yet gone away entirely, nevertheless, the growing number of dishonoured cheques has led to monetary losses as well … Read more