Aadhaar Enrollment: Now separate forms for Aadhaar enrollment and updation for adults, children in different age groups [ad_1] The Unique Identification Authority of India (UIDAI) announced that different forms will be used for Aadhaar enrolment and updating of Adult residents (>18 years) and Children (0-5 and 5-18 age groups separately). UIDAI made this announcement via an office memorandum dated February ...
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Several banks open special vostro accounts for overseas trade in rupee
Several banks open special vostro accounts for overseas trade in rupee Several banks, including HDFC Bank and UCO Bank, have opened special vostro accounts to facilitate overseas trade in the rupee and many countries have expressed interest to have this arrangement for the local currency trade, a top government official said on Wednesday. Director General ...
Read More »Bank Savings Account Interest Rate: This bank offers up to 7.25% interest rate on savings account
Bank Savings Account Interest Rate: This bank offers up to 7.25% interest rate on savings account [ad_1] While many big banks are not offering beyond 4% interest rate on savings accounts, DCB Bank has hiked their savings account interest rate to offer a maximum interest rate of up to 7.25%. DCB Bank savings account interest ratesAccording to the bank’s official ...
Read More »PNB to use Positive Pay System for cheques above Rs 5 lakh from April 5, 2023
PNB to use Positive Pay System for cheques above Rs 5 lakh from April 5, 2023 [ad_1] Punjab National Bank (PNB), will introduce the Positive Pay System (PPS) for cheque payments above Rs 5 lakh from April 4, 2023. PNB customers recently received an SMS from the bank stating: “Usage of Positive Pay System for chq of Rs.10 Lakhs & ...
Read More »Indian lender HDFC’s biggest-ever bond issue to see strong demand: Bankers
Indian lender HDFC’s biggest-ever bond issue to see strong demand: Bankers By Dharamraj Dhutia MUMBAI (Reuters) – The biggest-ever bond issue by India’s Housing Development Finance Corp is expected to go smoothly without any major increase in interest costs for the financier as long-term investors will likely absorb the sale, bankers said. HDFC aims ...
Read More »SBI FD interest rates: SBI hikes FD interest rates by up to 25 bps; introduces new fixed deposit tenor with 7.1% interest rate
SBI FD interest rates: SBI hikes FD interest rates by up to 25 bps; introduces new fixed deposit tenor with 7.1% interest rate [ad_1] After two months, the State Bank of India (SBI) has raised interest rates on select fixed deposits (FDs) by up to 25 basis points(bps). According to the SBI website, the increase in FD interest rates ranges ...
Read More »How to use Aadhaar Mitra, UIDAI's New AI chatbot
How to use Aadhaar Mitra, UIDAI's New AI chatbot [ad_1] How to use Aadhaar Mitra, UIDAI’s New AI chatbot [ad_2]
Read More »SBI increases home loan interest rates; Check how much your EMI will increase
SBI increases home loan interest rates; Check how much your EMI will increase [ad_1] Following the Reserve Bank of India’s (RBI) 25 basis point hike to 6.50 percent in the repo rate, the State Bank of India (SBI) is the most recent bank to raise the interest rates on home loans. SBI increased the MCLR, EBLR, and RLLR loan interest ...
Read More »SBI raises MCLR by 10 bps; increases deposit rates in some buckets
SBI raises MCLR by 10 bps; increases deposit rates in some buckets State Bank of India (SBI) has raised its marginal cost of funds-based lending rate (MCLR) by 10 basis points (bps), effective February 15. The country’s largest lender announced the decision after the Reserve Bank of India’s monetary policy committee (MPC) last week raised ...
Read More »SBI FD Interest Rates: SBI increases FD interest rates, home loan, other loan rates
SBI FD Interest Rates: SBI increases FD interest rates, home loan, other loan rates [ad_1] SBI FD rate hike According to the SBI website, the increase in FD interest rates ranges from 5 basis points to 25 basis points. The increased FD interest rates go into effect on February 15, 2023. The higher interest rates would be applicable to fixed ...
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