FD interest rate: These 6 private banks offer up to 7.5% interest rate on FDs for senior citizens [ad_1] Several private banks have increased their fixed deposit interest rates in tandem with Reserve Bank of India’s (RBI) repo rate hikes. For the investment security that these institutions provide, the majority of senior citizens choose fixed deposits to save their life ...

Axis Bank to pick residual stake in Max Life at fair market value After receiving a rap from insurance regulator Insurance Regulatory and Development Authority of India (Irdai), Axis Bank on Tuesday said it has entered into revised agreements with Max Financial Services. Under these pacts, Axis will acquire the balance 7 per cent equity in Max ...

Verification of Aadhaar after explicit consent of Aadhaar number holder; UIDAI issues verification guidelines [ad_1] To further increase residents’ trust while using Aadhaar voluntarily for legal purposes, the Unique Identification Authority of India (UIDAI) has issued a set of guidelines to Offline Verification Seeking Entities (OVSEs). These guidelines address a number of usage hygiene issues. According to the Ministry of ...

Hitachi Payment, BharatPe get RBI nod to operate as payment aggregators Hitachi Payment Services and BharatPe have received in-principle authorisation from the Reserve Bank of India (RBI) to operate as payment aggregators, said the companies on Tuesday. Hitachi, as a payment aggregator, will be able to provide its business-to-business (B2B) customers with digital payment products and value-added ...

Bank of Baroda hikes interest rates on home loans, other loans [ad_1] Bank of Baroda has become the most recent lender to raise its marginal cost of funds-based lending rate (MCLR). According to a BSE filing by the bank, it has hiked MCLR by up to 35 basis points across all tenures. The latest loan interest rates come into effect ...

Bank of Baroda increases MCLR from 8.3% to 8.5% effective January 12 Public sector lender Bank of Baroda (BoB) on Tuesday announced an increase in its marginal cost of funds-based lending rate (MCLR) by up to 35 basis points (bps) across tenors with effect from January 12. MCLR is the minimum interest rate below which a bank ...

Does writing on bank notes make them invalid? Govt answers – Does scribbling on bank notes make them invalid? [ad_1] Does writing on bank notes make them invalid? Govt answers – Does scribbling on bank notes make them invalid? | The Economic Times 10 Jan 2023, 02:58 PM IST 1/5 Does scribbling on bank notes make them invalid? Does scribbling ...

Affordable properties in Hyderabad: Get a 3-BHK in this Hyderabad suburb for Rs 1.3 crore [ad_1] Affordable properties in Hyderabad: Get a 3-BHK in this Hyderabad suburb for Rs 1.3 crore [ad_2]

Axis Bank hikes FD interest rates: Senior citizen can earn up to 8.01% on this tenor [ad_1] Axis Bank has increased fixed deposit (FD) interest rates for amounts less than Rs 2 crore on select tenors. The new rates are effective from January 10, 2023. Axis Bank latest FD interest rates After the latest hike, fixed deposit interest rates for ...

Employee union urges Bank of Maharashtra to hike rates on term deposits An employees union has urged state-owned Bank of Maharashtra to raise the interest offered on fixed deposits for senior citizens to 7.10 per cent for 1- to 3-year tenor and above 6.50 per cent for others. “…the interest differential on the maximum rate ...