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Govt to soon invite bids for IDBI Bank privatisation: DIPAM Secretary
Govt to soon invite bids for IDBI Bank privatisation: DIPAM Secretary DIPAM Secretary Tuhin Kanta Pandey on Wednesday said the department is working on the Expression of Interest (EoI) and would soon invite preliminary bids from investors for the privatisation of IDBI Bank. The Cabinet Committee on Economic Affairs gave in-principle approval for strategic disinvestment and transfer ...
Read More »Sovereign Gold Bond 2016-17 Series IV can be withdrawn at 75% higher than issue price on this date
Sovereign Gold Bond 2016-17 Series IV can be withdrawn at 75% higher than issue price on this date [ad_1] The price for premature redemption of the Sovereign Gold Bond Scheme 2016-17 Series IV has been fixed at Rs 5,077 per unit, according to a press release by the Reserve Bank of India (RBI). The second due date of premature redemption ...
Read More »Bank of Baroda raises interest rates on deposits below Rs 2 cr by 0.20%
Bank of Baroda raises interest rates on deposits below Rs 2 cr by 0.20% Bank of Baroda has raised the interest rates on retail term deposits of below Rs 2 crore by up to 0.20 per cent. The new rates have come to effect from September 13, 2022. The one-year tenor domestic and NRO (Non-Resident Ordinary) term ...
Read More »Fd Rates: Bank FDs with interest rates higher than RBI floating rate bonds
Fd Rates: Bank FDs with interest rates higher than RBI floating rate bonds [ad_1] After the Reserve Bank of India has started to raise the repo rate, many banks have increased fixed deposit interest rates, passing the benefit on to customers. However, just a few banks have raised interest rates above 7%, and even fewer have gone past 7.15 percent, ...
Read More »Rupee falls 30 paise against US dollar to 79.44 on hawkish Fed outlook
Rupee falls 30 paise against US dollar to 79.44 on hawkish Fed outlook The Indian rupee declined versus the dollar on Wednesday after an unexpected increase in U.S. inflation spurred bets of super-sized rate hikes in coming months. The rupee closed at 79.44 per U.S. dollar, down from 79.1475 in the previous session. The local ...
Read More »Towards a safer crypto world: Helios Group to list PNP coin on its new regulated HeliosDAX exchange
Towards a safer crypto world: Helios Group to list PNP coin on its new regulated HeliosDAX exchange [ad_1] Helios Group has recently announced in a statement that it will list PNP coin on its new regulated HeliosDAX exchange on New year’s day 2023. It further asserted that PNP coin, the world’s first cryptocurrency with a regulatory framework, caters to the ...
Read More »PPF Interest Rates: Will PPF, Sukanya Samriddhi, other small savings scheme interest rates go up in October?
PPF Interest Rates: Will PPF, Sukanya Samriddhi, other small savings scheme interest rates go up in October? [ad_1] With government bond yields going up, interest rates of small savings schemes could also go up soon as they are set for review by the end of this month. The small savings schemes include Public Provident Fund Account (PPF), Sukanya Samriddhi Accounts ...
Read More »SBI hits Rs 5 trillion market capitalisation; shares touch record high
SBI hits Rs 5 trillion market capitalisation; shares touch record high State-owned lender, State Bank of India (SBI) hit the Rs 5 lakh crore market capitalisation on Wednesday after its shares touched a record high of Rs 564.45.
Read More »PM Kisan Maandhan Yojana: How to register for PM Kisan pension of Rs 3,000 a month
PM Kisan Maandhan Yojana: How to register for PM Kisan pension of Rs 3,000 a month [ad_1] The Pradhan Mantri Kisan Maandhan Yojana is a government scheme designed to protect the elderly and provide social security to Small and Marginal Farmers (SMF). All Small and Marginal Farmers with cultivable landholdings of up to 2 hectares who are between the ages ...
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