UPI Lite: A payment method that allows you to pay without PIN or internet Reserve Bank of India Governor Shaktikanta Das launched Unified Payments Interface (UPI) Lite on September 20, in a bid to make low-value UPI payments faster. What is UPI Lite? It is an on-device wallet feature that will allow users to make small-value ...

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At 16.2%, credit growth in banking system fastest in 9 years: RBI data Credit growth in the banking system was at a multi-year high of 16.2 per cent year-on-year (YoY), for the fortnight ended September 9, the latest data released by the Reserve Bank of India (RBI) showed. Last time, credit growth touched 16 per cent was in November ...

HDFC Bank, IDBI Bank special FD scheme for senior citizens will close on September 30, 2022 [ad_1] Two years ago when fixed deposit (FD) interest rates were at their lowest, many banks came up with special schemes for senior citizens with higher interest rates. However, these came with a stipulated time frame during which interested investors had to invest. Senior ...

India’s forex reserves fall by $5.22 bn to near two-year low: RBI data MUMBAI (Reuters) – India’s foreign exchange reserves fell for a seventh straight week, dropping to $545.652 billion in the week to Sept 16, its lowest level since Oct. 2, 2020, Reserve Bank of India’s weekly statistical supplement showed on Friday. Reserves stood at $550.871 ...

Bitcoin mining farm: 3 new cloud mining projects in 2022 [ad_1] The last few years have seen a new wave of cloud mining projects with unique value propositions and compelling returns. They widely vary in features, functionalities, and mechanics; it is hard to choose the best. We have done the work for you. In this article, we take a detailed ...

Non-life insurers see 12% rise in gross direct premium income in Aug: Irdai Non-life insurers registered a 12 per cent yearly growth in their gross direct premium income during August this fiscal at Rs 24,471.95 crore, data from insurance sector regulator Irdai showed. In the same month a year ago, all the 31 non-life insurance companies in ...

These two banks’ special senior citizen FD schemes will close on September 30 [ad_1] Last dates to invest HDFC Bank and IDBI Bank special senior citizen FD scheme will close on September 30, 2022. ICICI Bank special senior citizen FD scheme, called Golden Years FD, will close on October 7, 2022. SBI has extended its special senior FD scheme to ...

nps: 10 Reasons why you should choose NPS for your retirement planning [ad_1] If social media scrolling has become your daily staple of consuming content, it’s likely that you may have come across a new breed of digital creators who are giving advice on financial matters. With millennials spending most of their time online, first-time investors especially from smaller towns ...

7th pay commission: 7th Pay Commission: Minimum qualifying service required for promotion of central govt employees revised [ad_1] The Union government has revised the norms of minimum qualifying service required for promotion of central government employees as per the 7th CPC Pay Matrix and Pay Levels. In an Office Memorandum dated September 20, 2022, the Department of Personnel & Training ...