PAN-Aadhaar link to avoid restrictions on NPS A/C: Step-by-step guide here PAN-Aadhaar link status: Are your cards already linked? Learn how to check Pan-Aadhaar link online: What happens if cards are not linked by March 31? PAN-Aadhaar Link: A step by step guide to link two cards before deadline PAN-Aadhaar link: Last date to link these two cards extended to ...

Interest rate hold likely as inflation at its weakest in 18 months By Eltaf Najafizada Consumer prices in India are showing further signs of moderation, giving the central bank room to keep rates on hold after an aggressive tightening campaign dampened demand and muddled the wider outlook for the economy.   Inflation rose 4.76% last month from a year earlier, the ...

Pensioners to get 3 months to give consent for diverting additional dues Subscribers or pensioners opting for higher pension will get three months to give their consent for diverting additional contributions or dues under the Employees’ Pension Scheme (EPS) run by the Employees’ Provident Fund Organisation (EPFO), stated a circular on Thursday. Earlier in November 2022, the Supreme ...

Regulators ask if Credit Suisse bond wipeout must trigger insurance payout After Credit Suisse wipeout, AT1 bonds make a return in the global market UBS takes over Credit Suisse: Everything you need to know about the crisis Credit Suisse reports loss for fifth straight quarter, shares slump 10% UBS in talks to buy embattled Swiss rival Credit Suisse, says report ...

SoftBank Group Corp vision fund loses money mgain despite tech rebound By Min Jeong Lee and Takahiko Hyuga SoftBank Group Corp. lost money in its Vision Fund investment unit again despite a rebound in tech stocks, as the Japanese conglomerate suffered losses on unlisted startups in its portfolio.   The Vision Fund unit lost ¥297.5 billion ($2 billion) in ...

IMF warns US default would have 'serious repercussions' worldwide Potential consequences from a US default would include higher interest rates and broader instability, IMF spokeswoman Julie Kozack said in a briefing Thursday

Bajaj Finance hikes FD rates by up to 40 bps, duration 36-60 months Bajaj Finance, the lending arm of Bajaj Finserv, on Wednesday increased its fixed deposit (FD) rates by up to 40 basis points. Following the hike, 44 months special tenure for senior citizens will invite an interest rate of 8.60 per cent per annum. The ...

G20 DRRWG to discuss ways of managing disaster risk, financing in Mumbai The second meeting of the G20 Disaster Risk Reduction Working Group (DRRWG) will explore innovative ways of managing disaster risk and financing for sustainable development, officials said here. The meeting, scheduled between May 23-25 in the country’s commercial capital, will attract top government officials, industry experts, ...

Forex cards, travel cards fee should be settled in rupees, not in foreign currency: RBI [ad_1] The Reserve Bank of India (RBI) stated that the charges levied on forex prepaid cards, store value cards, and travel cards payable in India must be denominated and cleared in rupees. According to the RBI notification dated May 9, 2023: “A few Authorised Persons ...

Bad loan firms call for rule change to open up sector to new players Urban Co-op Bank profiles improve on bad loan dip, better profitability SBI personal banking loan book up Rs-5 trn mark, helped by digital push ‘Historical’ changes: Here is what the NCERT has dropped from text books Yes Bank completes transfer of $5.81 bn worth bad loans ...