Banks, financial institutions should safeguard banking security, says RBI In view of the cybersecurity risk posed to the banking sector, Reserve Bank of India Executive Director Rohit Jain on Monday asked banks and financial institutions to adequately resource the banking security structure. He also underlined the need to be prepared for the potential impact of ...
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EPFO Guidelines: EPFO issues guidelines for higher pension from EPS: Know where, how to apply
EPFO Guidelines: EPFO issues guidelines for higher pension from EPS: Know where, how to apply [ad_1] Employees Provident Fund Organisation (EPFO) has issued guidelines dated February 20, 2023, giving procedure for eligible employees to apply for higher pension under the Employees Pension Scheme (EPS). Even employees who had not earlier applied for higher pension but were entitled to do so ...
Read More »5 reasons ACC is this week’s stock pick
5 reasons ACC is this week’s stock pick [ad_1] Synopsis Government thrust on roads, irrigation and other infrastructure projects, particularly in pre-election year, is expected to boost cement demand and brighten ACC’s prospects. The cement player reported numbers higher than estimates in the December 2022 quarter supported by an increase in volumes and realisation. EBITDA and net profit were 5.6% ...
Read More »HSBC Small cap mutual fund review: Should you invest?
HSBC Small cap mutual fund review: Should you invest? [ad_1] ET Wealth collaborates with Value Research to analyse top mutual funds. We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision.BASIC FACTSDATE OF LAUNCH5 DECEMBER 2014CATEGORYEQUITYTYPESMALL CAPAUM*Rs.8,672 CroreBENCHMARKNIFTY SMALLCAP 250TOTAL RETURN INDEX WHAT IT COSTSNAV**GROWTH OPTIONRs.47.46NAV**IDCWRs.30.93MINIMUM INVESTMENTRs.5,000MINIMUM SIP AMOUNTRs.500EXPENSE RATIO*** ...
Read More »Over 1.6 mn cyber attacks blocked on Indian insurance firms a day in Jan
Over 1.6 mn cyber attacks blocked on Indian insurance firms a day in Jan Over 1.6 million cyber attacks were blocked on Indian insurance companies every day in January, a report showed on Monday. A total of 49,844,877 cyber-attacks were recorded on 114 insurance sector websites. On average, insurance sector applications face 430,000 attacks ...
Read More »Pm Kisan 13th Installment Date: When will PM Kisan 13th installment be released? Check expected date, time and other key details
Pm Kisan 13th Installment Date: When will PM Kisan 13th installment be released? Check expected date, time and other key details [ad_1] The PM Kisan scheme is a central government initiative that provides income support of Rs 6000 per year to all land-holding farmer families. The amount is distributed in three equal installments of Rs. 2000 each, every four months. ...
Read More »RBI will take required action to keep inflation in check: FM Sitharaman
RBI will take required action to keep inflation in check: FM Sitharaman The Reserve Bank of India (RBI) will take necessary steps to manage inflation within “expected limits”, Finance Minister Nirmala Sitharaman said at a post-Budget event in Jaipur on Monday. “In emerging markets, the situation is unique to each of the countries. In that ...
Read More »SBI, PNB, Kotak Mahindra Bank, DCB Bank, and others: List of banks hiked FD rates in February
SBI, PNB, Kotak Mahindra Bank, DCB Bank, and others: List of banks hiked FD rates in February [ad_1] Many banks have hiked fixed deposit (FD) interest rates soon after the Reserve Bank of India hiked the repo rates by 25 basis points to 6.50% in its monetary policy meeting in February. Fixed deposit investors are seeing their interest rates grow ...
Read More »PNB hikes FD interest rates by up to 30 bps; check latest fixed deposit rates
PNB hikes FD interest rates by up to 30 bps; check latest fixed deposit rates [ad_1] Punjab National Bank (PNB) has increased interest rates of select fixed deposits (FDs) tenures by up to 30 basis points (bps). The new interest rates will be applicable for fixed deposits of less than Rs 2 crore. The increased interest rates on the FDs ...
Read More »Indians spent nearly $10 billion on foreign travel in April-December
Indians spent nearly $10 billion on foreign travel in April-December Indians spent around $10 billion on overseas travel between April and December, a report by the Times of India (TOI) said, citing data from the Reserve Bank of India (RBI). It is the highest ever such figure, even more than the spending in any financial year. Before ...
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