repo rate hike: RBI repo rate hike: Pay up to 23% higher EMI on your home loan than in April [ad_1] The Reserve Bank of India (RBI) in its monetary policy meeting held on December 7, 2022 has yet again hiked the repo rate by 0.35%. This is the fifth consecutive repo rate hike since May of this year. As ...
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FinMin allows PSUs to invest in debt schemes of all mutual funds
FinMin allows PSUs to invest in debt schemes of all mutual funds The finance ministry — in an office memorandum on Wednesday —allowed public sector undertakings (PSUs) to invest in debt schemes of all mutual funds. Earlier, provisions limited central public sector enterprises (CPSEs) to investment in public sector mutual funds only, in which the government held ...
Read More »hdfc loan interest rates: HDFC Bank hikes loan interest rates by up to 10 bps: Check latest loan rates
hdfc loan interest rates: HDFC Bank hikes loan interest rates by up to 10 bps: Check latest loan rates [ad_1] Private sector lender HDFC Bank has hiked its marginal cost of funds-based lending rate (MCLR). The new loan interest rates are effective from December 7, 2022. According to the HDFC Bank website, effective from December 7, 2022, the overnight MCLR ...
Read More »FSIB invites applications from candidates for Bank of Baroda’s CEO post
FSIB invites applications from candidates for Bank of Baroda’s CEO post The Financial Services Institutions Bureau on Wednesday invited applications from eligible candidates for the post of Managing Director & Chief Executive Officer (MD & CEO) of Bank of Baroda (BoB). Last month the headhunter for directors of state-owned banks and financial institutions had invited applications for ...
Read More »rbi upi payments: RBI makes UPI payments easier for investments, online shopping, hotel bookings
rbi upi payments: RBI makes UPI payments easier for investments, online shopping, hotel bookings [ad_1] The Reserve Bank of India (RBI) has announced that it will enhance the mandate for UPI payments. According to the announcement made by the RBI governor on December 7, 2022, once the UPI customer has given consent to block the money in their bank account, ...
Read More »Mix of PSBs aided in boosting customer services, creating strong banks: MoS
Mix of PSBs aided in boosting customer services, creating strong banks: MoS The amalgamation of public sector banks has helped in improving customer services and creating strong banks, Minister of State for Commerce and Industry Som Parkash said on Wednesday. In a written reply to a question in the Lok Sabha, the minister said the objective of ...
Read More »bharat bill payment system: How to make payment using Bharat Bill Payments System
bharat bill payment system: How to make payment using Bharat Bill Payments System [ad_1] Recurring payments that can be done Consumer can do all recurring payments like electricity, telecom, DTH, Gas, water bills, Insurance, Loan repayments, Education fees, FasTag Recharge, Municipal taxes, Housing society, Subscription fees etc. at one single window through any of the Bharat BillPay enabled channels. [ad_2]
Read More »Repo Rate: We’ve lowered size of policy rate change, RBI’s Das and Patra tell media
Repo Rate: We’ve lowered size of policy rate change, RBI’s Das and Patra tell media After the monetary policy committee (MPC) raised the repo rate by 35 basis points to 6.25 per cent, the Reserve Bank of India (RBI) management, including Governor Shaktikanta Das and Deputy Governor Michael Patra, spoke to the media on various issues. Edited Excerpts: ...
Read More »LIC WhatsApp services: How to check premium due date, policy status, loan eligibility and more
LIC WhatsApp services: How to check premium due date, policy status, loan eligibility and more [ad_1] [ad_2]
Read More »Digital currency like cash, no need for lack of privacy fears: RBI Guv
Digital currency like cash, no need for lack of privacy fears: RBI Guv The Reserve Bank of India (RBI) has decided to enhance the mandates of United Payment Interface (UPI), expand the scope of Bharat Bill Payment System (BBPS) and ensure privacy of people in the case of digital currency transactions, said Governor Shaktikanta Das on Wednesday. ...
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