Kotak Mahindra Bank FD interest rates: Kotak Mahindra Bank hikes FD interest rates: Senior citizens can earn up to 7.70% [ad_1] Kotak Mahindra Bank increased the interest rates on its fixed deposits for the second time in a month, making them more lucrative for the citizens. The new FD rates for amounts below Rs 2 crore will take effect on ...

RBI makes changes in NEFT, RTGS for daily reporting of foreign remittances With the Home Ministry mandating SBI to report all details of overseas donors, including purpose of remittances on daily basis, the Reserve Bank of India (RBI) on Thursday made necessary changes in NEFT and RTGS systems for Foreign Contribution (Regulation) Act (FCRA) related transactions. ...

Tax saving options for salaried individuals [ad_1] Section 80C deduction An individual can claim maximum deduction of Rs 1.5 lakh. One must invest in any of the specified instruments such EPF, PPF, tax-saving FDs, ELSS etc. Some of the expenses are payment of school fees, life insurance premium, principal repayment of home loan etc. [ad_2]

SBI Amrit Kalash Deposit Interest Rate: SBI launches Amrit Kalash Deposit; Senior citizens can earn up to 7.6% FD interest rate [ad_1] State Bank of India (SBI) has launched a new retail term deposit scheme with a specific duration and benefits like a higher interest rate called the Amrit Kalash Deposit. This new deposit scheme is valid from February 15, ...

Index Funds or ETFs: What's best for passive investing? [ad_1] Harsh Roongta of Fee Only Investment Advisers talks about the differences between the two instruments and highlights their pros and cons. [ad_2]

HDFC Bank goes live on ‘Rupay Credit on UPI’ feature for customers HDFC Bank is live on ‘RuPay credit card on UPI’ feature, becoming the first private sector bank to take up a service that allows customers to use RuPay credit cards on UPI with BHIM and other UPI-enabled apps. HDFC Bank RuPay credit cards ...

FD interest rates: This bank offers 9.5% fixed deposit interest rate for senior citizens, 9% for others [ad_1] Unity Small Finance Bank has raised the interest rates on fixed deposits. Now, it offers senior citizens a maximum interest rate of 9.50% per year on fixed deposits held for 1001 days, while regular citizens earn 9.00% per year for the same ...

Investment in pvt wireless network seen at $ 250 mn by 2027: Nokia report India’s investment in private wireless network is expected to reach nearly USD 250 million by 2027, according to a report by Nokia that also talked of a three-fold jump in mobile data usage in the country over last five years. Nokia’s ...

bank holiday: Is it a bank holiday on February 18 for Mahashivratri? [ad_1] Due to the celebration of Mahashivratri on Saturday, many banks in many states across the country will be closed on February 18, 2023. As the holiday falls on the third Saturday of the month, February will have three consecutive bank holidays on Saturday. States where banks will ...

Kotak Mahindra Bank hikes loan interest rates [ad_1] Kotak Mahindra Bank has revised its Marginal Cost of Funds Based Lending Rate (K-MCLR) across all tenures after the Reserve Bank of India hiked the repo rate by 25 basis points (bps) in its latest monetary policy meeting. The revised Kotak Mahindra Bank MCLR are effective from February 16, 2023. Kotak Mahindra ...