All questions answered about Rs 2,000 notes A non-account holder also can exchange Rs 2,000 notes up to a limit of Rs 20,000 at a time at any bank branch. Even though the central bank has said that ID proof is not needed for exchanging notes, several private banks are asking customers for it and fill a special form or ...

Interest rates on fresh term deposits and loans dip in April, shows data Private banks slower than public sector banks in raising interest rates Banks increase deposit rates on tight liquidity, high credit growth In a U-turn, outstanding NRI deposits rise in October, shows RBI data How banks’ lending rates have gone up faster than deposit rates State Bank of ...

NFRA slaps Rs 1.10 cr fine, imposes ban on two auditors, one audit firm The National Financial Reporting Authority (NFRA) has imposed a ban as well as penalties totalling Rs 1.10 crore on three entities, including two auditors, for alleged professional misconduct in connection with the audit of Giri Vidhyuth (India) Ltd for 2019-20. Giri Vidhyuth (India) Ltd ...

BOB Financial opens up its entire RuPay Credit Card base for linking on UPI BoB Credit Card customers can now use their RuPay Credit Cards on UPI with BHIM and other UPI-enabled Apps, BOB Financial Solutions Ltd (BFSL) said on Wednesday. BFSL is a wholly owned subsidiary of Bank of Baroda, and National Payments Corporation of India (NPCI). ...

Govt receives Rs 20,97,368 crore tax revenue in FY23, reveals data According to a PIB release, the government received Rs 24,55,706 crore (101 per cent of the corresponding RE 2022-2023 total revenue) during 2022-2023.  Out of the total revenue, Rs 20,97,368 crore is tax revenue (net to Centre), Rs 2,86,151 crore is non-tax revenue, and Rs 72,187 crore is ...

Online ITR2 form for FY2022-23 (AY 2023-24) available The income tax department has now empowered the online forms for ITR-2 post releasing ITR-1, and ITR-4 on May 20, 2023. “Income Tax Return Form of ITR-2 is enabled to file through Online mode with prefilled data at the portal,” according to the income tax website. On May 17, 2023, the ...

RBI Dy Guv calls for better risk management, governance at banks RBI hikes repo rate by 35 bps to 6.25%, cuts FY23 GDP forecast to 6.8% RBI MPC: Here is what experts have to say about the policy announcement Former Delhi minister Satyendar Jain granted bail by SC till July 11 MPC lowers projection for inflation, raises growth outlook a ...

High staff attrition a significant operational risk to banks: RBI Dy Guv Former Delhi minister Satyendar Jain granted bail by SC till July 11 RBI hikes repo rate by 35 bps to 6.25%, cuts FY23 GDP forecast to 6.8% RBI MPC: Here is what experts have to say about the policy announcement MPC lowers projection for inflation, raises growth outlook ...

Stringent rules for education loans turn parents towards gold loans Record gold price may not bring back sheen in Muthoot, Manappuram: Analysts Muthoot Microfin to foray into Andhra Pradesh, Telangana in FY24 NBFCs’ share in India’s lending pie fell to 5-year low of 19.8% in H1FY23 Jewellers see 40% jump in sales on Akshaya Tritiya despite high gold prices Gold ...

Abrdn likely to sell its 1.66% stake in HDFC Life via block deals: Report Abrdn, a UK-based investment company on Wednesday said it is likely sell its 1.66 per cent stake (35.7 million shares) in HDFC Life Insurance Limited through block deals, reported CNBC citing sources said on Tuesday. The Edinburgh-based company, which was formerly known as Standard Life Aberdeen, has offered ...