SBI Interest Rate Hike: SBI hikes home loan, other loan interest rates; EMIs to rise further [ad_1] The State Bank of India (SBI) has raised its marginal cost of lending rate (MCLR) on select tenors by up to 25 basis points. Due to this latest MCLR hike, borrowers’ EMI outgo will increase further. The new interest rates are effective from ...

Slippages from restructured NBFC book increased in H1FY23, says Icra Under moratorium as a consequence of forbearance provided by the Reserve Bank of India (RBI) due to the pandemic, a sizeable portion of the restructured book of non-banking financial companies (NBFCs) has slipped into non-performing assets (NPA) in the first half (H1) of 2022-23 (FY23). This has ...

SBI Digital Currency: Digital Rupee: How SBI customers can load e-Rupee into wallets and make payments – Digital rupee is here [ad_1] The Reserve Bank of India (RBI) has identified eight banks for the phase-wise pilot launch of the retail digital rupee. Four banks including State Bank of India (SBI), ICICI Bank, YES Bank, and IDFC First Bank are taking ...

Large family offices should focus on alternative asset classes like private market exposure [ad_1] Wealth managers say that alternative asset classes like private market exposure is where the large family offices should focus and they do not see merit in holding gold as a financial investment beyond 5% in the portfolio, more so in a rising interest rate. Anuj Kapoor, ...

Senior citizen FD Interest Rate: This bank offers up to 8.8% FD interest rate for senior citizens [ad_1] Jana Small Finance Bank hiked interest rates across savings accounts and fixed deposits with effect from December 15, 2022. After the hike, the bank will now offer interest rates between 3.75% and 7.85% for regular citizens and 4.70% to 8.80% for senior ...

Axis Bank FD interest rates: Axis Bank hikes FD interest rates: Senior citizens can earn up to 7.75% [ad_1] Axis Bank has increased fixed deposit (FD) interest rates for amounts less than Rs 2 crore. The new rates are effective from December 15, 2022. The bank had previously hiked FD rates on November 15, 2022. Axis Bank latest FD interest ...

sbi home loan: SBI increases home loan interest rates; Check how much your EMI will go up [ad_1] The State Bank of India (SBI) is the most recent bank to increase its home loan and fixed deposit interest rates following the 35 basis point increase in the repo rate by the Reserve Bank of India (RBI) to 6.25 percent. SBI ...

How to pay penalty for linking PAN with Aadhaar [ad_1] Penalty for linking Now there is a penalty applicable for linking PAN with Aadhaar. If an individual links her PAN with her Aadhaar now, then she is liable to pay a late fee of Rs 1,000 as the date for linking without penalty is past. Hence, before you visit the ...

Kotak Mahindra Bank FD interest rates: Kotak Mahindra Bank hikes FD interest rates for third time in a week; Earn up to 7.5% [ad_1] Kotak Mahindra Bank has hiked the interest rates offered on its fixed deposits (FDs) for amounts below Rs 2 crore. The revised interest rates on FDs are effective from December 15, 2022. The revised interest rate ...

eps pension certificate: Don’t forget to take this EPS pension certificate after leaving your current job [ad_1] Many employees switch jobs for better salaries. While doing so, those who are part of the Employees’ Provident Fund (EPF) Scheme and the Employees’ Pension Scheme (EPS) should also remember to transfer their EPF accounts from the old to the new employer. However, ...