New proposed digital law allows use of personal data without your ‘explicit’ consent, including by search engines [ad_1] On November 18, 2022, the Ministry of Electronics and Information Technology proposed a new version of the upcoming data privacy legislation in India, namely the Digital Personal Data Protection Bill 2022. The proposed bill would replace the existing 2011 rules related to ...

Rupee to weaken on bets of more Fed Reserve rate hikes, RBI in focus By Anushka Trivedi and Nimesh Vora MUMBAI (Reuters) – The Indian rupee is expected to decline against the dollar at open on Wednesday after the U.S. inflation reading underscored bets of more Federal Reserve rate hikes. The non-deliverable forwards indicate ...

SBI loans to get costlier as bank hikes key lending rate; Details here The State Bank of India (SBI) announced a hike in the marginal cost of funds-based lending rate (MCLR) by 10 basis points (bps) across tenures. The new rates will be effective from February 15. MCLR is the minimum rate at which a bank can ...

Kotak Bank arm raises $590 mn fund for data centre investments in India A Kotak Mahindra Bank arm on Tuesday announced that it has raised $590 million (about Rs 4,885 crore) for investments in the data centres in the country. Kotak Investment Advisors (KIA) said it plans to raise $800 million under the Kotak Data ...

Loans on debit cards to be governed by digital lending guidelines: RBI Loans offered on debit cards, including equated monthly instalment (EMI) programmes, would be governed under the digital lending guidelines of the Reserve Bank of India, the central bank clarified on Tuesday. EMI programmes on credit cards would continue to be governed by rules ...

These banks have increased loan interest rates after the latest RBI repo rate hike [ad_1] [ad_2]

How to set-up e-mandate for recurring payments on your SBI debit card [ad_1] How to E Mandate works As per the mandate provided to Bank, post validation through Additional Factor Authentication, recurring transaction will be carried out on the due date. Pre-Debit Notification, 24 hours prior to actual debit, will be sent to the customer. [ad_2]

PSBs write off Rs 29,000 cr in Q3FY23 as part of a clean-up exercise Public-sector banks (PSBs) in Q3FY23 wrote off bad loans worth Rs 29,000 crore, up from Rs 23,000 crore in the same quarter a year ago, as part of a clean-up exercise. According to estimates by rating agency CARE Ratings, the write-offs by PSBs in ...

Bajaj Finance FD Interest Rates: Bajaj Finance special tenure FD interest rates [ad_1] Bajaj Finance offers special tenures to earn higher returns on FD rates, according to a company press release. The latest interest rates on its FD plans, risk-averse depositors can now receive a maximum interest rate of 8.10% per annum on their fixed deposits.Bajaj Finance has introduced special ...

FD interest rate: Latest FD (fixed deposit) interest rates after RBI rate hike: SBI Vs Yes Bank vs PNB Vs HDFC Bank Vs ICICI Bank [ad_1] The Reserve Bank of India’s (RBI) hiked the repo rate by 25 basis point (bps) during its Monetary Policy Committee (MPC) meeting on February 8, 2023. While some banks are taking their time raising ...