Best tax-saving FDs: 5 banks offering highest tax-saving FD interest rates for senior citizens [ad_1] Best tax-saving FDs: 5 banks offering highest tax-saving FD interest rates for senior citizens [ad_2]

Rupee closes at 82.71 against dollar amid muted trend in domestic equities The rupee pared initial gains and settled 9 paise lower at 82.71 (provisional) against the US dollar on Friday, tracking a rebound in the greenback overseas and a muted trend in domestic equities. Forex traders said risk aversion in international markets and sustained ...

Transferred money in to the wrong bank account? How do I get my money back? [ad_1] The Reserve Bank of India has shared the annual report of Ombudsman Schemes, 2021-22 report, where it mentioned that the majority of complaints received during the year are related to digital payment and transaction methods. However, non-reversal of funds due to wrong beneficiary transfer ...

Rupee, worst emerging Asia currency of 2022, likely to fall further The Indian rupee, emerging Asia’s worst performer in 2022, is likely to extend losses in the next fiscal year, according to a top private bank in the country. “A substantially wider current account deficit” in the next fiscal year will keep the rupee under pressure, Neeraj Gambhir, ...

Inflation up by 46% since 2014, section 80C limit hiked by 0%: How much should Budget 2023 increase it? [ad_1] The new tax regime introduced in budget 2020 has hardly had any taker as most people prefer the old tax regime so that they can use its various deductions to save a higher amount of tax. One of the most ...

New Jeevan Shanti annuity scheme: LIC hikes payout under New Jeevan Shanti annuity scheme; details here [ad_1] The Life Insurance Corporation of India has increased the annuity rates for its New Jeevan Shanti (Plan No. 858) annuity plan with effect from January 5, 2023. According to a press release issued by LIC, “The modified version of this plan with enhanced ...

You need to submit fresh KYC documents in certain cases: When is it required? [ad_1] The Reserve Bank of India (RBI) has asked bank customers to update their Know Your Customer (KYC) by furnishing a fresh KYC or re-KYC in certain cases. According to the central bank, a new KYC procedure can be completed in person at a bank branch ...

Rupee rises 15 paise to 82.47 against US dollar in early trading The rupee gained 15 paise to 82.47 against the US dollar in early trade on Friday tracking a firm trend in domestic equities. Forex traders said sustained foreign fund outflows and strength of the American currency in the overseas market weighed on investor ...

First Abu Dhabi Bank PJSC explored offer for Standard Chartered First Abu Dhabi Bank PJSC said it was reviewing a potential bid for Standard Chartered Plc, which would have been a complex deal aimed at building an emerging markets lender with more than $1 trillion in assets. The Middle East’s largest bank was previously in the “very ...

Banks, FIs should play key role in financing NIP projects: DFS secy Banks, financial institutions (FIs), and newly established National Bank for Financing Infrastructure Development should play a proactive role in financing projects under the National Infrastructure Pipeline (NIP) to avoid crowding out of private investment, Vivek Joshi, secretary at the Department of Financial Services (DFS), said ...