Friday, August 31, 2018

Fix legal age of marriage for men at 18 years: Law Commission

“If a universal age for majority is recognised, and that grants all citizens the right to choose their governments, surely, they must then be also considered capable of choosing their spouses. For equality in the true sense, the insistence on recognising different ages of marriage between consenting adults must be abolished,” the law panel said.

from Times of India https://ift.tt/2PTnx4X

Loans to get costlier as SBI hikes lending rates

State Bank of India (SBI) has increased the lending rate by 20 basis points across all tenors up to three years. Now SBI's overnight and one-month tenors' Marginal Cost of Funds Based Lending Rate (MCLR) stands at 8.1 per cent as against 7.9 per cent, as per the SBI's website.

from Times of India https://ift.tt/2wueAag

IPPB: India’s biggest bank in the making

India Post Payments Bank (IPPB) will focus on providing banking and financial services to people in rural areas, by linking all the 1.55 lakh post office branches (that’s nearly 2.5 times the bank network) with IPPB services by the end of 2018. Around 11,000 postmen both in rural and urban areas will provide doorstep banking services.

from Times of India https://ift.tt/2wu0xkG

14 for four: Hizb, J&K police release each other’s families

The Hizb let the 14 captives go after the J&K police had released the militants’ arrested kin. Sources later said police had arrested other relatives of militants as well and that they, too, had been released. The unofficial prisoner swap is a rare quid pro quo in Kashmir’s violent past.

from Times of India https://ift.tt/2N4ieBc

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