Public sector banks improve business growth in Q3, shows RBI data Backed by robust demand and healthy financials, public sector banks (PSBs) improved their business — advances and deposits — during the third quarter ended December 2022 (Q3), according to RBI data. State-owned banks increased their credit portfolio by 15.7 per cent during the calendar ...

PM Kisan 13th installment released; how to check status online [ad_1] Prime Minister Narendra Modi released the 13th installment of the Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) initiative, worth over Rs 16,000 crore on February 27, 2023, during his Karnataka visit. Under the PM-Kisan scheme, the eligible farmers will receive an installment of Rs 2000 into their registered bank accounts. ...

Senior citizen FD rates: 5 banks offering best 1-year FD interest rates [ad_1] Senior citizen FD rates: 5 banks offering best 1-year FD interest rates [ad_2]

Rupee recovers from 82.95 per dollar on likely heavy USD sales by RBI After coming within touching distance of weakening past the 83 per dollar mark for the first time in four months, the rupee recouped losses on Monday as the Reserve Bank of India (RBI) likely stepped in to prevent excess volatility in the currency market ...

Can NRI ask a resident to operate his NRE/NRO accounts on his behalf? – Types of accounts NRIs can hold [ad_1] A Power of Attorney holder cannot do the following acts : 1) Open and close NRI a/cs. in the name of NRI 2) Repatriate funds from a/c. in the form of DD/TT etc.., unless specified in P.A. 3) Give ...

Credit growth of banks accelerates 16.8% in December quarter: RBI MUMBAI (Reuters) – Indian banks’ credit growth doubled to 16.8% in the October-December quarter from a year earlier, data released by the Reserve Bank of India (RBI) on Monday showed. Bank credit had expanded by 8.4% in the quarter ended December 2021 and 17.2% in ...

New bank locker agreement rules: All you need to know [ad_1] [ad_2]

Small Finance Bank FD interest rates compared: Who is offering the highest rate? [ad_1] Small finance banks (SFBs) continue to offer the highest interest rates, ranging from 8 per cent to 9 per cent on fixed deposits (FDs) to general citizens. Do remember that deposits under the small finance banks are also covered by the insurance of Deposit Insurance and ...

SIP v/s SWP v/s STP [ad_1] Different strategic methods of systematic investment and withdrawal from Mutual Funds. Here’s how you can distinguish between SIP, SWP and STP. [ad_2]

india: Invest in India, Invest in Growth [ad_1] One of the fastest growing economies in the world, India is the land of opportunities for investors. It is currently the 5th largest economy in the world and projected to grow at 6.7% in 2022, the fastest in the world during the year. Don’t miss out on ET Prime stories! Get your ...