ICICI Bank special senior citizen FD scheme: ICICI Bank’s special senior citizen FD scheme will close tomorrow [ad_1] The ICICI Bank Special Senior Citizen FD scheme will close for investment tomorrow, October 7, 2022. Senior citizens who want to take advantage of the additional 0.10% interest rate can do so by opening an FD under the scheme today and tomorrow. ...
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Rupee falls 32 paise to close at new low of 81.94 against US dollar
Rupee falls 32 paise to close at new low of 81.94 against US dollar The rupee plunged 32 paise to close at an all-time low of 81.94 (provisional) against the US dollar on Thursday amid high volatility as firm crude oil prices weighed on the local unit. At the interbank foreign exchange market, the local currency opened ...
Read More »Gold Buying: Is this the right time to buy gold ahead of Diwali?
Gold Buying: Is this the right time to buy gold ahead of Diwali? [ad_1] Gold prices have remained subdued in both international and domestic markets lately. Back-to-back interest rate hikes by central banks across the world and rising US dollar and bond yields have kept the yellow metal under pressure. Keeping these factors in mind, is it the right time ...
Read More »Muthoot Finance to raise Rs 300 cr via secured NCDs, issue size at Rs 75 cr
Muthoot Finance to raise Rs 300 cr via secured NCDs, issue size at Rs 75 cr Muthoot Finance Ltd has said it will raise Rs 300 crore by issuing secured redeemable non-convertible debentures (NCDs) of face value of Rs 1,000 each. This issue will be open from October 6 to October 28 with an option to close ...
Read More »GPF Interest Rate: Central govt employees: General Provident Fund (GPF), CPF interest rates announced for Oct-Dec 2022 quarter
GPF Interest Rate: Central govt employees: General Provident Fund (GPF), CPF interest rates announced for Oct-Dec 2022 quarter [ad_1] The Ministry of Finance has announced the interest rate for General Provident (GPF) and other similar provident fund schemes. The ministry has kept the interest rate unchanged for GPF and similar funds for the October-December quarter, of 2022. According to a ...
Read More »Bank FDs vs post office term deposit: Which offers senior citizens higher interest rate for short term
Bank FDs vs post office term deposit: Which offers senior citizens higher interest rate for short term [ad_1] The government has raised the interest rates for a few small savings schemes after almost four years. Three minor saving programmers’ interest rates were increased for the quarter of October-December 2022, per a circular released by the Finance Ministry on September 29. ...
Read More »Loan for 20 years, EMIs for 24: RBI rate hikes leave borrowers in a fix
Loan for 20 years, EMIs for 24: RBI rate hikes leave borrowers in a fix The continuous hikes in interest rates by the Reserve Bank of India (RBI) have led to a rise in tenure for home loans. The 20-year home loans are now 24 years long, a report by Economic Times (ET) said on Thursday. The borrowers who ...
Read More »EPF interest: Why interest credited into EPF account is not visible, finance ministry clarifies
EPF interest: Why interest credited into EPF account is not visible, finance ministry clarifies [ad_1] The Finance Ministry has said that there will be no loss of interest rate for Employees’ Provident Fund Organisation (EPFO) subscribers, and the delay in crediting interest rate for FY22 is due to a software upgrade due to tax changes implemented last year. In June, ...
Read More »NARCL makes offers to acquire Jaypee Infratech debt held by Public Banks
NARCL makes offers to acquire Jaypee Infratech debt held by Public Banks State-owned banks that gave loans to Jaypee Infratech will be able to recover their money next month. However, 24,000 homeowners, owners of fixed deposits, and private lenders will have to wait until the bankruptcy court endorse the resolution plan of the winning bidder Suraksha Group, reported the ...
Read More »UPI Frauds: How to prevent from UPI Frauds? Follow these tips
UPI Frauds: How to prevent from UPI Frauds? Follow these tips [ad_1] The SBI shares 6 tips for safe UPI transactions. 1) You don’t need to enter your UPI Pin while receiving money. 2) Always verify the identity of the person you are sending money to. 3) Do not accept random unknown collect requests. 4) Do not share your UPI ...
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