NEW DELHI (IANS)-The State Bank of India (SBI) has decided to report Reliance Communications’ loan account as “fraud”, a case that dates back to August 2016. Reliance Communications ...

ITAT Mumbai overturns PCIT's Section 263 order against Inter Gold (India) Pvt. Ltd. Tribunal finds AO's assessment valid on 80G CSR donations, bank charges, and disallowed ...

US Federal Reserve Chair Jerome Powell is a "numbskull" who has kept interest rates too high, but he will be out in eight ...

The median balance was $38,176, up 8.2%. The stark contrast between the average and median account balances can be attributed to ultra-wealthy individuals who skew the average higher.

PSBs are making a last-ditch attempt to retain customer deposits by dropping penalties for not maintaining a minimum balance in savings accounts.

Pakistan recorded a full-year current account surplus of $2.1 billion in fiscal year 2024–25, reversing a $2.07 billion deficit from FY24, marking its first annual surplus in 14 years, ...

Saving Account Charges: Many people struggle with the fact that the bank deducts the average minimum balance charge if there is no money in the account. Customers of savings accounts, however, don ...

The Department of Financial Services has denied instructing banks to close dormant Pradhan Mantri Jan-Dhan Yojana accounts, countering recent media reports. Instead, a three-month campaign has been ...

The average 401 (k) account balance for people in their 50s ranges from $199,900 to $592,285, depending on which retirement plan provider's data you look at.