Cumulative impact of monetary policy actions still unfolding: RBI guv Das RBI Governor Shaktikanta Das, in the rate-setting panel meeting earlier this month, opined that the cumulative impact of the monetary policy actions over the last one year is still unfolding and needs to be monitored closely, as per the MPC minutes released on Thursday. Das, along with ...

pan aadhaar linking last date: Will PAN-Aadhaar linking last date get extended? [ad_1] The PAN-Aadhaar linking deadline has been repeatedly extended by the Central Board of Direct Taxes (CBDT). Those who have not yet linked the two ID proofs can still do so before March 31, 2023 (by paying a penalty amount); otherwise, their PAN will become inoperative as of ...

Ultra-rich Indians are now parking more money in gold: Knight Frank survey Wealth of 9 in every 10 ultra-rich Indians rose in ’22: Knight Frank report Philanthropy by India’s super rich falls by a third in FY22, says report How to set up a family office abroad? More wealthy Indians want to know Samsung Galaxy S23 Ultra review: Maxed-out phone ...

Premature redemption: SGB Premature redemption: RBI notifies price for premature redemption of SGB 2016-II and 2016-17-Series II [ad_1] The Reserve Bank of India has released the price for early/premature redemption of the Sovereign Gold Bond Scheme (SGB 2016-II and 2016-17-Series II) due on March 29, 2023. What is SGB?SGBs are government securities denominated in grams of gold. They serve as ...

SBI General FY23 net profit jumps 40% to Rs 184 cr, premium up by 17.6% SBI General Insurance, the unlisted arm of State Bank, on Friday said its net income surged 40 per cent year-on-year to Rs 184 crore in FY23 on a gross written premium income of Rs 10,888 crore. The company said it could sustain the ...

EPF interest rate: Crucial EPFO board meeting begins today; EPF interest rate for FY2022-23 likely to be announced by tomorrow [ad_1] In order to determine the EPF interest rate on the retirement corpus for 2022–2023, the Central Board of Trustees of the EPFO is conducting a vital two-day meeting beginning on Monday in the national capital, according to a Times ...

India’s GDP to grow at 6.2% in FY24, RBI to cut rate in Q1: Morgan Stanley The full reopening of the economy last year, cyclical recovery in consumption, increased private sector capex, and acceleration on government spending will contribute for 6.2 per cent growth in India’s gross domestic product (GDP) in FY24, said Morgan Stanley in a report. ...

Mutual Fund Nomination Deadline Extension: Mutual fund nomination deadline of March 31 extended; check details [ad_1] The last date for mutual funds investors to specify nominee details has been extended to September 30, 2023. Earlier the deadline was March 31, 2023. Through a circular on March 28, 2023, the Securities and Exchange Board of India (Sebi) said, “Based on representations ...

Flows into NRI deposits jump 2.5x in April-February to $6.4 billion Flows into NRI deposits surge in April-Sept, but outstanding amount falling 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 State Bank of India, IDBI Bank hike retail fixed deposit ...

SBI Server Outage: SBI server down: Customers complain about issues regarding net banking, UPI on Twitter [ad_1] Many State Bank of India (SBI) customers were facing issues with net banking and UPI in some cases on April 3, 2023. The SBI users have complained regarding the bank server’s slow response on microblogging site, Twitter. The server is down or non-responsive ...