Bombay High Court quashes write-off of YES Bank’s additional AT1 bonds By Jayshree P Upadhyay MUMBAI (Reuters) – The Bombay High Court, in an oral pronouncement on Friday, quashed the write-off of additional Tier-1 (AT1) bonds issued by Yes Bank Ltd, said legal sources with direct knowledge of the matter. The final order is ...

Canara Bank FD interest rates: Canara Bank hikes FD interest rates; Senior citizens can earn 7.75% on this new FD tenor [ad_1] Canara Bank, a public sector bank, has increased interest rates on fixed deposits under Rs 2 crore. The new rates are effective from January 18, 2023, according to the bank’s official website. The bank offers interest rates on ...

Union Bank Q3 net up 106.8 % at Rs 2,245 cr, considers QIP for equity State-owned lender’s loan book grows 20.09% YoY to Rs 8.04 trn, asset quality improves

Study abroad: How to minimise charges on foreign money transfers [ad_1] India is experiencing an unprecedented rise in the number of students going abroad for higher education. Foreign education is today seen by students and parents alike as an opportunity to see the world and a chance to find a dream job overseas apart from high-class education. But these dreams ...

Dollar around seven-month low as growth concerns mount, yen retreats By Ankur Banerjee SINGAPORE (Reuters) – The U.S. dollar loitered around its seven-month lows on Friday as fears of an economic slowdown dented risk appetite, while the yen eased even as speculation swirls that the Bank of Japan (BOJ) will eventually move away from its ultra-easy ...

LIC Jeevan Azad Plan: LIC launches guaranteed return life insurance plan Jeevan Azad; know features, benefits [ad_1] The Life Insurance Corporation of India (LIC) has launched LIC Jeevan Azad Plan (plan no. 188). It is a limited period premium payment plan that offers financial support for the family in case of unfortunate death of the life assured during the policy ...

Union Bank of India reports two-fold jump in Q3 profit at Rs 2,245 cr Union Bank of India on Friday reported two-fold jump in standalone profit at Rs 2,245 crore for third quarter ended December 2022 helped by decline in bad loans. The bank had posted a net profit of Rs 1,085 crore in the same ...

Income tax rates, slabs under the new tax regime| EconomicTimes [ad_1] The old tax regime Effective from FY 2020-21, taxpayers can choose between two income tax regimes. By opting for the existing tax regime, the taxpayer can continue to avail existing deductions such as section 80C, section 80D and tax exemptions like HRA etc. (Text by Preeti Motiani/ET Online) [ad_2]

HDFC to raise at least Rs 3000 cr via bonds; may invite bids next week MUMBAI (Reuters) – India’s Housing Development Finance Corp (HDFC) will return to bond market after a gap of two months, three merchant bankers said on Friday. The company plans to raise at least 30 billion rupees ($369.26 million) through bonds maturing ...

health insurance claim settlement ratio: Latest health and general insurance claim settlement ratio of companies in India [ad_1] Before buying, renewing, or porting an insurance policy, the most basic aspect you need to check, among many other things, is how the insurer settles claims. The claim settlement track record of a general or a health insurance company gives you an ...