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CERSAI become operational on 31 March 2011. 51% of the equity is owned by the government, and the rest is owned equally by National Housing Bank and 10 other public sector banks. [1] The then Chairman of the National Housing bank, R.V. Verma, served as the first acting Registrar, managing director and CEO of CERSAI, while continuing to hold ...
CIBIL score is a bank's assessment of a client's trustworthiness based on information from their credit history. The higher the score, the more favourable the bank is to the client. It is a 3-digit number ranging between 300 and 900. Ideally, 720 or above score considered as a good CIBIL score.
Hunter Fraud Score is a rating score in India prepared by the credit information company Experian to help detect fraud in credit applications through analytical approach. The score was launched in 2016 and is used by Indian banks and insurance companies to help them lower their losses.
Reserve Bank of India has continued to take necessary steps for strengthening the credit environment in India and the awareness about the importance of credit score has increased multi fold. With employers, prospect marriage match, property owners, schools etc. have started asking for the individuals to share their Credit score prior to ...
On 30 July 2007, UTI Bank changed its name to Axis Bank. [16] In 2009, Shikha Sharma was appointed as the MD and CEO of Axis Bank. [17] In 2013, Axis Bank's subsidiary, Axis Bank UK commenced banking operations. [18] The Indian government intends to sell a 20.7% stake in Axis Bank in February 2014 for 57 billion rupees, equivalent to 925 ...
Demand drafts are also known as sight drafts, as they are payable when presented by sight to the bank. [2] Under UCC 3-104, a draft has been defined as a negotiable instrument in the form of an order. [2] [3] The person making the order is known as the drawer and the person specified in the order is called the drawee, as defined in the UCC 3 ...
Visit your MyAccount page to cancel paid services and pay account balances. • If a username shares a payment method with another username on the same account, the username that doesn't have a unique payment method on file must be closed first, or a different payment method must be added to it before closing the other username. Close your ...
This is commonly known as cancellation-of-debt (COD) income. According to the Internal Revenue Code , the discharge of indebtedness must be included in a taxpayer's gross income . [ 1 ] There are exceptions to this rule, however, so a careful examination of one's COD income is important to determine any potential tax consequences.