No peace for Indian rupee as mighty dollar thunders on: Reuters Poll By Arsh Tushar Mogre and Devayani Sathyan BENGALURU (Reuters) – India’s rupee will trade near its record low against the mighty greenback beyond this year, buffeted by rising oil prices and an aggressive U.S. Federal Reserve rate-hiking campaign, according to a Reuters poll of FX ...

Bajaj Finance raises fixed deposit interest rate by up to 30 bps Bajaj Finance Limited, the lending and investing arm of Bajaj Finserv, has increased the Interest Rates on their Fixed Deposit (FD) programme by up to 30 basis points, for tenor between 24 to 30 months. Revised rates will be applicable from October 07, 2022. Bajaj Finance ...

We are in the underserved market, not unserved: U Gro Capital VC & MD Chokhani Securities was renamed as U Gro Capital after Sachindra Nath – the former CEO of Religare Enterprises acquired the company in December 2017.In an interaction with Business Standard, Nath – the Vice Chairman and Managing Director of U Gro, tell Manojit Saha that the ...

RBI approves Prashant Kumar’s appointment as Yes Bank CEO for three years The Reserve Bank of India has approved the appointment of Prashant Kumar as MD and CEO of Yes Bank for three years with effect from October 6, 2022. Earlier in July this year, the alternate Board of the private sector lender had recommended to the ...

silver jewellery hallmarking: Is hallmarking mandatory for silver jewellery, coins? [ad_1] With the festive season upon us, the demand for gold and silver jewellery is likely to go up. It is considered auspicious to buy these precious metals during Diwali and Dhanteras. To ensure quality and protect consumer interests, hallmarking was made mandatory for gold jewellery in the notified districts. ...

RBI Guv Das launches advanced supervisory monitoring system DAKSH Reserve Bank Governor Shaktikanta Das on Thursday launched a new ‘SupTech’ initiative DAKSH – the bank’s Advanced Supervisory Monitoring System, which is expected to make the supervisory processes more robust. In a statement, the Reserve Bank of India (RBI) said it has been taking various initiatives in strengthening ...

Home Loan Interest Rates: These banks have hiked home loan interest rates in last one week [ad_1] HDFC As per the BSE notification by HDFC, “HDFC increases its Retail Prime Lending Rate (RPLR) on housing loans, on which its adjustable rate home loans (ARHL) are benchmarked, by 50 basis points, with effect from October 1, 2022.” According to the HDFC ...

6 facts about IPO investment in HNI category [ad_1] 6 facts about IPO investment in HNI category [ad_2]

Cost of spending on digital transformations plateauing: HDFC Bk’s Parag Rao India’s largest private lender HDFC Bank is witnessing a plateau in its cost to income when it comes to the spending on digital transformations, Parag Rao, group head (payments, consumer finance, digital banking, and IT) said on Thursday. Speaking on the sidelines of a product launch ...

Surplus, high savings help achieve money goals [ad_1] [ad_2]