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Rupee appreciates 8 paise against US dollar to 79.61 in early trade The rupee appreciated 8 paise to 79.61 against the US dollar in opening trade on Friday, tracking the dollar’s decline versus its major peers and foreign fund inflows. At the interbank foreign exchange, the domestic unit opened at 79.66 against the dollar, then touched 79.61 ...

Taking a house on rent? Make sure these 11 vital clauses are included in rent agreement [ad_1] When taking a house on rent, it is important that you read the rental agreement carefully before you sign on the dotted line. Not only do you have to read the rental agreement carefully, you have to make sure that vital clauses are ...

Amid rising credit demand, SBI  looks for a revamp to increase deposits The State Bank of India (SBI) is planning to revamp its current and savings accounts (CASA), salary accounts and transaction banking businesses. In a bid to increase deposits, SBI is looking to to hire an external consultant to redesign strategy for these businesses. “The bank ...

Blind adoption of new fintech could have an adverse impact: RBI ED Dear Reader, Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only ...

HDFC Bank raises Rs 3,000 crore from bonds to fund business growth Dear Reader, Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only ...

Demat Account News: Demat account log in will not work without this from October 1, 2022 [ad_1] Holders of demat accounts may not be able to log in to their accounts if they do not enable two-factor authentication by September 30, 2022, according to a June 14 circular issued by the National Stock Exchange (NSE). The circular says that “members ...

FD Investment: Fixed deposit investment: Regular pay-out vs interest on maturity; which FD should you choose? [ad_1] Fixed deposits (FDs) are still one of the most-preferred investment options in India. Fixed returns, good liquidity and comparatively higher safety than other investment options such as equity are the reasons for their immense popularity. Both banks and Non-Banking Financial Companies (NBFCs) offer ...

Bonds, rupee strengthen as crude oil prices fall below $90 a barrel Government bonds and the rupee strengthened sharply on Thursday as crude oil prices declined to their lowest levels in seven months, easing concerns about elevated domestic inflation, dealers said. Yield on the 10-year benchmark 7.26 per cent 2032 paper settled at 7.08 per cent as ...

Canara Bank Loan Interest Rates: Canara Bank hikes loan interest rates: Check late rates here [ad_1] Canara Bank raised its marginal cost of funds-based lending rate (MCLR) on loans. In a regulatory filing, the lender stated that the new marginal cost of funds-based lending rate (MCLR) for various tenors is effective from September 7, 2022. The bank has increased its ...