RBI lists 6 rating agencies for banks’ capital adequacy purposes The Reserve Bank of India on Monday released a list of domestic credit rating agencies banks are advised to use for risk weighting their claims about capital adequacy. The central bank listed Acuite Ratings & Research Limited, Credit Analysis and Research Limited (CARE), CRISIL Ratings ...

Joint Home Loan: Who can jointly take a home loan? [ad_1] Purchasing a home involves a great deal of financial planning as this is a big ticket investment. People usually avail home loans that offer repayment benefits as well as tax advantages. Financing through a home loan can be done up to 90% of the value of the property. Since ...

Three-four countries keen on UPI, says NPCI MD & CEO Dilip Asbe Unified Payments Interface (UPI) has generated interest from 3-4 countries, National Payments Corporation of India (NPCI)’s Managing Director and Chief Executive Officer Dilip Asbe said on Monday. The countries had shown interest in adopting UPI but it might take another 12 months to ...

2023 Investment: Number on the calendar could be 2023 or anything else; it tells you nothing about how you should invest [ad_1] A new year is really nothing—just a new number on a calendar. The 2023 written where 2022 was cannot change anything, least of all the fate of the investments that you have chosen or will choose. However, since ...

Banks raise record Rs 91,500 crore in debt capital in FY23 so far: Report Amid tight liquidity condition, banks have issued a record quantum of bonds, with gross issuances hitting an all-time high of Rs 91,500 crore so far this fiscal, and are likely to close the financial year with around Rs 1.4 lakh crore. ...

SIP: MF portfolio doctor: Shukla should restart SIPs to build sufficient corpus [ad_1] Not many investors know whether they have invested in the right funds and if their fund portfolio is on track. The Portfolio Doctor assesses the health of the fund portfolio, examines the schemes and their suitability with regard to the goals and, if required, recommends corrective measures. ...

Centre to fully exit IDBI Bank once it gets ‘upside value’: Dipam secy The government will soon notify the exemption period for meeting the public-shareholding norm for the prospective owner of IDBI Bank, Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey told Business Standard. He said the government would make a ...

Haryana Holiday Cost: What is the cost of holidaying in Haryana [ad_1] This land-locked northern state may not have geographical diversity or natural wonders, but it has a rich history and heritage. The state finds mention in many ancient Hindu texts and scriptures and is known as the place where Ved Vyas wrote the Mahabharata. The famous battle of Mahabharata ...

Indian Overseas Bank hikes term deposit interest rates up to 45 bps Public sector Indian Overseas Bank on Monday announced a hike in the interest rates on rupees retail term deposits, up to 45 basis points, from Tuesday onwards. According to the bank, domestic/NRO/NRE depositors will get interest rate upto 7.75 per cent on term ...

PSU banks offering up to 7% FD interest rate| EconomicTimes [ad_1] PSU banks that offer up to 7% rate on fixed deposit Here is a quick comparison of PSU banks such as PNB, Canara bank, Bank of Baroda fixed deposit rates, which are currently at 7% for depositors. (Source: Bank websites; interest rates as on January 9, 2023) [ad_2]