These banks have increased loan interest rates in January 2023 – Banks hike loan interest rates [ad_1] These banks have increased loan interest rates in January 2023 – Banks hike loan interest rates | The Economic Times 11 Jan 2023, 04:26 PM IST 1/7 Banks hike loan interest rates After the Reserve Bank decided to raise the repo rate in ...

Commercial loan origination volumes dip 4.3% in FY22; avg ticket sizes jump Commercial lending origination volumes declined by 4.3 per cent to 22.2 lakh loans in the COVID-affected FY22, a credit information company said on Wednesday. If one has to look at the originations by value, there was a 73 per cent jump to Rs ...

Joint home loans: Who can take, benefits [ad_1] Joint home loans: Who can take, benefits [ad_2]

EnKash gets RBI’s in-principle nod to operate as online payment aggregator Spending management platform EnKash on Wednesday received an in-principle approval from the Reserve Bank of India (RBI) to operate as an online payment aggregator. The payment aggregators facilitate e-commerce sites and merchants to accept payment instruments from customers. They help merchants to connect with ...

Should you book your FD now or wait for higher interest rates? Here’s why you need to do both [ad_1] The interest rates on fixed deposits have seen a sharp rise since May 2022 when the Reserve Bank of India (RBI) started increasing the repo rates to curb inflation. Due to frequent repo rate hikes, there has been an overall ...

Financial bids for IDBI Bank expected to come in by Sept: DIPAM Secy The government is expecting to get financial bids for IDBI Bank’s strategic sale by September, DIPAM Secretary Tuhin Kanta Pandey said. Several global and domestic institutions have expressed interest in buying about 61 per cent of the government and Life Insurance Corporation’s ...

budget 2023: Here’s how Budget 2023 may change LTCG, STCG on stocks, mutual funds, gold and property [ad_1] In simple terms, any profits or gains arising from sale/ transfer of a capital asset is termed as income under the head ‘capital gains’. Under the Income-tax Act, 1961, a capital asset includes movable assets such as jewellery, archaeological collections and drawings, ...

Aadhaar seeding for Atal Pension Yojana (APY) subscribers using CRA portal, mobile: Important features, how to use [ad_1] For the advantage of subscribers, the Pension Fund Regulatory and Development Authority (PFRDA) now offers Aadhaar sending for Atal Pension Yojana (APY) subscribers through the CRA portal and the NPS mobile app “APY and NPS Lite”. According to a PFRDA circular dated ...

Rupee gains 13 paise to 81.61 against US dollar as crude prices ease The rupee rose 13 paise to 81.61 against the US dollar in early trade on Wednesday supported by easing crude oil prices. Forex traders said sustained foreign fund outflows and a weak trend in domestic equities weighed on investor sentiments and restricted the appreciation bias. ...

NRE/NRO accounts with international mobile numbers can now use UPI The National Payments Corporation of India (NPCI) has instructed members of the Unified Payments Interface (UPI) ecosystem to allow non-resident account types such as non-resident external (NRE)/ non-resident ordinary (NRO) accounts having international mobile numbers to get onboarded and transact through UPI. This is subject ...