IDFC First Bank announces waiver of charges on customer-centric services Private sector IDFC First Bank has announced waiver of charges on a number of customer-centric services such as cash deposits, withdrawals, demand drafts, IMPS and SMS alerts, among others ahead of its Foundation Day on Sunday. On the occasion of its Foundation Day on 18th ...

Yes Bank assigns Rs 48k cr stressed asset loan portfolio to JC Flowers ARC Yes Bank has concluded assignment of the Rs 48,000-crore stressed asset loan portfolio of the bank to JC Flowers Asset Reconstruction company. The bank had earlier declared JC Flowers Asset Reconstruction Private Limited (JC Flowers ARC) as the winner of the ...

Proposed changes to insurance laws may cause health claim disputes: Unions The proposed amendment to the definition of health insurance business is not exhaustive and may lead to disputes at the time of claims, said four unions in the Life Insurance Corporation of India (LIC).   The Unions also said the proposed amendments does ...

World of plots – A true investment opportunity [ad_1] The land has been an excellent old investment option for a long time. It is considered to be long-term with potential higher gains. If you look at the appreciation and growth index of Delhi-NCR, you will be amazed to know that plots and SCO’s rates in most areas of Gurgaon have ...

Sovereign Gold Bonds: RBI issues new tranche of Sovereign Gold Bonds: How to buy SGB online [ad_1] The Reserve Bank of India announced on Friday that the issue price for the latest tranche of the Sovereign Gold Bond Scheme 2022-23, which will be open for subscription for five days starting on Monday (December 19, 2022), has been set at Rs ...

Payment of maturity, premature closure amount of small savings scheme [ad_1] Small savings schemes account holder will get payment of maturity, premature, closure amount of accounts into account holders bank account through ECS outward credit facility. According to the Ministry of communication SB Order No. 09/2021 dated 30.04.2021, “Maturity/pre-mature/closure amount of all type of National Savings Schemes can now be ...

Stock Market Investment: 5 types of stocks you should know about [ad_1] [ad_2]

How to close a frozen PPF, Senior Citizen Savings Scheme, other small savings scheme account [ad_1] In order to protect the hard-earned money of depositors and ensure effective KYC compliance, the Department of Posts, via a notification issued on December 15, 2022, has stated that it has decided to freeze certain small savings scheme accounts that have reached maturity but ...

Which bank is offering highest FD interest rate after latest hikes: SBI vs HDFC Bank Vs ICICI Bank [ad_1] Many banks immediately hiked the fixed deposit interest rates after the Reserve Bank of India this month raised the repo rate by 35 basis points to 6.25%. The latest ones to join the list are SBI, HDFC Bank, ICICI Bank and ...

Govt had no outstanding loans from RBI in Dec 9 week, says central bank Dec 16 (Reuters) – The Indian government had no outstanding loans with the central bank under ways and means advances in the week ended Dec. 9, according to the Reserve Bank of India’s weekly statistical supplement released on Friday. The ...