RBI removes restrictions on individuals from opening interest-earning FCAs 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 Reserve Bank of India, IFSCA likely to frame fresh norms for GIFT City MPC lowers projection for inflation, raises growth outlook a bit ...
Read More »Author Archives: LoanFinanceadmin
I-T dept releases offline forms for ITR 1, 4 for fiscal year 2022-2023
I-T dept releases offline forms for ITR 1, 4 for fiscal year 2022-2023 June 15 has been set as the due date by the I-T department for employers to share Form 16
Read More »Mahila Samman Savings Certificates: All you need to know about the scheme
Mahila Samman Savings Certificates: All you need to know about the scheme There are no upper limits to the number of accounts. However, there is a cap on the maximum deposit limit. Additionally, there should be a gap of at least 3 months between opening of any two accounts
Read More »After debt resolution, Essar Oil lines up Rs 1,200-crore capex
After debt resolution, Essar Oil lines up Rs 1,200-crore capex Essar Group bets $3.6 billion on decarbonisation in India and UK What is credit score? Why is it important? Analysts see pressure on RIL, OMC’s profitability amid firm oil prices Care Ratings upgrades Hinduja Leyland Finance’s long-term debt to AA Essar group returns to steel business with $8-billion investment PepsiCo ...
Read More »Companies to raise funds from markets
Companies to raise funds from markets Several companies, including Tata Capital Financial Services, LIC Housing Finance and Bajaj Housing Finance, have decided to raise funds from the market through bonds, according to news agency Reuters. These also include a public sector bank, Punjab & Sind Bank, which has decided to raise money through certificates of deposit. Tata Capital Financial ...
Read More »EPFO yet to junk controversial clause on ‘prior permission’
EPFO yet to junk controversial clause on ‘prior permission’ [ad_1] (This story originally appeared in on Apr 26, 2023) NEW DELHI: Over 10 days since the Kerala high court passed an interim order directing the Employees’ Provident Fund Organisation to do away with the mandatory clause requiring applicants to submit proof of prior permission for PF contributions based on actual ...
Read More »High-balance bank accounts without updated KYC under govt’s radar
High-balance bank accounts without updated KYC under govt’s radar 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 a bit in FY24 RBI Monetary Policy: Repo rate up by 25 bps, FY23 inflation ...
Read More »Yield at state govt bonds auction eases by 16 bps; 4 states raise Rs 6K cr
Yield at state govt bonds auction eases by 16 bps; 4 states raise Rs 6K cr Banks tier II bond issuance surges 3.5 times in FY23, shows data Treasury yield curve inverts: What it means and what does it signal? Buoyed by firm demand, HDFC Bank mulls fresh Rs 5,000-cr Tier 2 bond sale 10-year bond yield at highest since ...
Read More »AU Small Finance Bank reports highest quarterly profit of Rs 425 cr in Q4
AU Small Finance Bank reports highest quarterly profit of Rs 425 cr in Q4 AU Small Finance Bank on Tuesday reported its highest ever quarterly profit of Rs 425 crore in March quarter, up 23 per cent year-on-year. The bank’s net profit was Rs 346 crore in the year-ago quarter. It’s net profit for the full financial ...
Read More »AU Small Finance Bank reports net profit of Rs 425 crore in Q4
AU Small Finance Bank reports net profit of Rs 425 crore in Q4 What is a small modular nuclear reactor? Nuclear power: All that you need to know about small modular reactors Finance Ministry sharply raises small savings rates for March quarter Bharti Axa Life, Accel infuse over Rs 111 cr as equity in Shivalik SFB Base effect contributing to ...
Read More »