RBL Bank hikes home loan, other loan interest rates: Check new rates [ad_1] RBL Bank has raised its (marginal cost of funds-based lending rates) MCLRs across tenures by 10 basis points (bps). The new MCLRs will come into effect on December 22, 2022, according to the bank’s official website. With the hike in MCLR, any loan linked to it will ...
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Fund transfer, bill payments, mobile top-up: Daily limits, charges| EconomicTimes
Fund transfer, bill payments, mobile top-up: Daily limits, charges| EconomicTimes [ad_1] Fund Transfer NEFT Daily limit is up to a cumulative of Rs.10,00,000/- per user. Charges for amounts ranging between Rs.1 to 10,000 is Rs 2.00 per transaction service tax, for amounts ranging between Rs.10,001 to 1,00,000, the charge is Rs 4 per transaction Service Tax ,for amounts between Rs.1,00,000 ...
Read More »Why is the RBI Guv worried about cryptocurrencies?
Why is the RBI Guv worried about cryptocurrencies? Business Standard’s BFSI Insight Summit kicked off on Wednesday with a keynote fireside chat with the RBI Governor Shaktikanta Das, moderated by consulting editor Tamal Bandhopadhyay. Excerpts here
Read More »Bajaj Finance hikes FD interest rates by up to 25 bps; Senior citizens can earn 7.95% on this tenure
Bajaj Finance hikes FD interest rates by up to 25 bps; Senior citizens can earn 7.95% on this tenure [ad_1] Bajaj Finance, the lending subsidiary of Bajaj Finserv, has hiked its fixed deposit rates by up to 25 basis points. The new rates are effective December 22, 2022. The new rates on Bajaj Finance FDs will apply to new deposits ...
Read More »This small finance bank revises FD interest rates: Earn up to 8.50%
This small finance bank revises FD interest rates: Earn up to 8.50% [ad_1] Suryoday Small Finance Bank has revised the interest rates on fixed deposits of under Rs 2 crore. The new rates are applicable from December 21, 2022, according to the bank’s official website. Following the change, the bank will offer fixed deposits with maturities ranging from seven days ...
Read More »Sovereign green bonds can set standard for private fundraising: RBI’s Rao
Sovereign green bonds can set standard for private fundraising: RBI’s Rao The pricing of the Centre’s sovereign green bond can act as a benchmark for private sector players’ fund raising through rupee bonds for ESG linkages, said Reserve Bank of India deputy governor M Rajeshwar Rao at the Business Standard BFSI Insight Summit. Finance minister ...
Read More »Sukanya Samriddhi Yojana Account Interest Rate: What is current interest rate on Sukanya Samriddhi Yojana account?
Sukanya Samriddhi Yojana Account Interest Rate: What is current interest rate on Sukanya Samriddhi Yojana account? [ad_1] The government’s Sukanya Samriddhi Yojana is a small deposit programme that is designed specifically for female children and was introduced as a part of the Beti Bachao Beti Padhao Campaign. The current interest rate on Sukanya Samriddhi account is 7.6%.The plan aims to ...
Read More »Irdai to introduce ‘Bima Vahaks’ to expand insurance force: Rakesh Joshi
Irdai to introduce ‘Bima Vahaks’ to expand insurance force: Rakesh Joshi To enhance the insurance force in India, the Insurance Regulatory and Development Authority of India (IRDAI) will soon introduce “Bima Vahaks” in each gram panchayat, Rakesh Joshi, a member of the insurance regulatory body, said on Thursday. “Each Gram Panchayat will have a ‘Bima ...
Read More »‘need Wider Provisions For Updated Itr’
‘need Wider Provisions For Updated Itr’ [ad_1] (This story originally appeared in on Dec 22, 2022) MUMBAI: Several taxpayers have hit roadblocks owing to restrictive provisions relating to filing of updated returns, which were introduced in the last Budget. A taxpayer can file an updated return within 24 months from the end of the relevant assessment year, as opposed to ...
Read More »Rupee rises by 10 paise against US dollar tracking early gains in equities
Rupee rises by 10 paise against US dollar tracking early gains in equities The rupee strengthened against the US dollar in opening trade on Thursday due to a weak greenback in the overseas markets and early gains in domestic equity markets. Firm crude oil prices and forex outflows from capital markets, however, restricted the rupee’s ...
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