PPF, SCSS, NSC: What is the minimum balancerequired for these post office accounts? [ad_1] PPF, SCSS, NSC: What is the minimum balance required for these post office accounts? [ad_2]
Read More »Author Archives: LoanFinanceadmin
ESAF Bank, V-Guard partners to finance solar rooftop power systems
ESAF Bank, V-Guard partners to finance solar rooftop power systems ESAF Small Finance Bank and electric equipment manufacturer V-Guard Industries signed an agreement to provide financing options to customers looking to install solar rooftop power systems. Under the agreement, ESAF Bank will provide various financing options, including loans and attractive installment payment plans, a statement ...
Read More »NPS partial withdrawal: New rule, who can apply explained – NPS partial withdrawal
NPS partial withdrawal: New rule, who can apply explained – NPS partial withdrawal [ad_1] The subscriber should meet the following prerequisites for a partial withdrawal under the aforementioned PFRDA rules. The subscriber’s NPS account has been updated with information regarding their active bank account. Online bank account verification should be enabled for the subscriber’s bank. The request must be submitted ...
Read More »SBI raises $1 bn under 5-year syndicated social loan for ESG funding
SBI raises $1 bn under 5-year syndicated social loan for ESG funding The country’s largest lender, State Bank of India, has raised $1 billion in its largest syndicated social loan for onward lending to ESG projects, affordable housing and self-help groups (SHGs). The deal was the largest Environmental, Social, and Governance (ESG) loan by a ...
Read More »HDFC hikes lending rates by 25 bps; your home loan EMIs to increase
HDFC hikes lending rates by 25 bps; your home loan EMIs to increase [ad_1] Home Development Finance Corporation Ltd (HDFC) has hiked its Retail Prime Lending Rate (RPLR) by 25 basis points (bps) with effect from March 1, 2023. According to the HDFC press release, “HDFC increases its Retail Prime Lending Rate (RPLR) on Housing loans, on which its Adjustable ...
Read More »HDFC hikes home loan rates by 25 bps, takes minimum borrowing cost to 9.2%
HDFC hikes home loan rates by 25 bps, takes minimum borrowing cost to 9.2% Mortgage lender HDFC Ltd has hiked its home loan rates by 25 basis points effective March 1, the company said in a statement on Tuesday. With this, the home loan rates offered by HDFC will start at 9.20 per cent. However, ...
Read More »Bond yield reaches 7.45%: Returns from debt products are looking attractive, how to gain more from it
Bond yield reaches 7.45%: Returns from debt products are looking attractive, how to gain more from it [ad_1] Indian investors have predominantly preferred debt. According to the Reserve Bank of India (RBI) data on the split of financial assets of households for the period ended March 2022, 52% of the financial assets were held in deposits. Moreover, in the last ...
Read More »Indian banks unprepared for RBI’s ESG push, survey shows: Report
Indian banks unprepared for RBI’s ESG push, survey shows: Report Indian banks are not prepared to adopt environmental, social and governance (ESG) norms as part of their lending models due to reasons including a lack of clarity on how they apply to lenders, a survey conducted by an industry body on behalf of the central bank showed, ...
Read More »Cancer care is expensive; health insurance that covers cancer is not. Here’s how you can choose the right health insurance plan to protect yourself and your loved ones.
Cancer care is expensive; health insurance that covers cancer is not. Here’s how you can choose the right health insurance plan to protect yourself and your loved ones. [ad_1] Cancer, collectively with other noncommunicable diseases (NCDs) including heart disease, stroke, diabetes and chronic lung disease, are responsible for 74% of all deaths worldwide. Around 10 million people die of cancer ...
Read More »SBI raises $1 billion via syndicated social loan for further lending
SBI raises $1 billion via syndicated social loan for further lending The State Bank of India , the country’s top lender, on Tuesday said it raised $1 billion via a syndicated social loan from global banks for further lending to certain kinds of socially impactful businesses in India. The funds will be used to further ...
Read More »