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Bank Of India Loan Interest Rates: PNB, Bank of India, Bandhan Bank hike loan interest rates: EMIs to increase further

Bank Of India Loan Interest Rates: PNB, Bank of India, Bandhan Bank hike loan interest rates: EMIs to increase further [ad_1] Punjab National Bank (PNB), Bank of India and Bandhan Bank have hiked the marginal cost of funds based lending rates (MCLR) on loans. The MCLR, or Marginal Cost of Fund-Based Lending Rate, is the lowest interest rate that a ...

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Axis Bank-Citibank merger complete: What will happen to your Citi credit card, Citi debit card, savings, NRE account, home loan?

Axis Bank-Citibank merger complete: What will happen to your Citi credit card, Citi debit card, savings, NRE account, home loan? [ad_1] Citibank’s consumer business in India will be transferred to Axis Bank, as of March 1, 2023. India’s third-largest private sector lender has completed the acquisition of the consumer businesses of Citibank India and its non-banking finance arm, Citicorp Finance ...

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Axis Bank completes acquisition of Citibank India’s consumer business

Axis Bank

Axis Bank completes acquisition of Citibank India’s consumer business India’s third-largest private sector lender, Axis Bank, has completed the acquisition of Citibank India’s consumer business and the consumer business of its non-banking finance arm, Citicorp Finance (India) Ltd, for Rs 11,603 crore instead of Rs 12,325 crore estimated earlier. In a notification to the exchanges, ...

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Aadhaar authentication to become more secure with new system; know details

Aadhaar authentication to become more secure with new system; know details [ad_1] The Unique Identification Authority of India (UIDAI) has launched a new security system for Aadhaar-based fingerprint authentication and quicker detection of spoofing attempts, according to the Ministry of Electronics & IT, PIB press release. According to the UIDAI tweet, “UIDAI has successfully rolled out a new AI/ML enabled ...

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How eligible employees can apply for higher pension under EPS on EPFO portal: A step-by-step guide

How eligible employees can apply for higher pension under EPS on EPFO portal: A step-by-step guide [ad_1] The Employees’ Provident Fund Organisation (EPFO) issued circulars on December 29, 2022, and February 20, 2023, providing instructions to eligible employees on submitting applications for higher pension under the Employees’ Pension Scheme (EPS). Mallika Noorani, Senior Partner, Parinam Law Associates, says, “The EPFO ...

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