How to convert resident savings account to NRO account [ad_1] When a savings account customer’s residential status changes from resident Indian to Non Resident Indian (NRI) he or she must submit the necessary papers and paperwork to update the NRI status across all relationships which includes resident savings accounts in which he or she is a joint holder. Such individuals ...

NRI aadhaar: Are NRIs eligible to enrol for Aadhaar? Important FAQs on Aadhaar answered [ad_1] As Aadhaar has become an important document for KYC verification, there arises many questions, one of which is ‘Are NRIs eligible to enrol for Aadhaar’? The answer is YES. An NRI (whether minor or adult) with a valid Indian Passport can apply for Aadhaar from ...

State-owned lenders raise MCLR, month after third repo rate hike State-owned banks are increasing their marginal cost of funds-based lending rate (MCLR), more than a month after the monetary policy committee (MPC) in August hiked the benchmark policy rate for the third consecutive time to tame headline inflation. Union Bank of India hiked its MCLR by 5-25 ...

Union Bank Of India Loan Interest Rates: Union Bank of India hikes loan interest rates [ad_1] Union Bank of India has raised its marginal costs of funds-based lending rates (MCLR) by 10 basis points (bps) across all tenures. The revised interest rates are effective from 11 September to 10 October 2022. The rates are hiked between 5 basis points to ...

7 Reasons for why you need a ‘will’ [ad_1] Everytime Shefali’s phone rang, the influx of negative thoughts and the fear of losing another closed one was at peak. The year was 2021 and India was facing the most dreaded phase of Covid-19 pandemic: the second wave of coronavirus. It was a similar feeling for most of us, whether we ...

S&P affirms State Bank of India’s ‘BBB-‘ rating on improving asset quality Global rating agency Standard and Poor’s (S&P) has affirmed State Bank of India’s long-term rating ‘BBB-‘ on improving asset quality. It also affirmed the short-term issuer credit rating ‘A-3’ and maintained stable outlook for the rating. “The country’s largest lender is likely to sustain ...

How much gold price rose last week [ad_1] How much gold price rose last week [ad_2]

Rupee depreciates by 10 paise to 79.67 against US dollar in early trade The rupee depreciated by 10 paise to 79.67 against the US dollar in opening trade on Monday, even as the equity market opened on a positive note. At the interbank foreign exchange market, the rupee opened at 79.66 against the greenback, then fell to ...

Investment frauds: If it seems too good to be true, it probably is [ad_1] Individual victims— even when they are well-off and educated—are poorly equipped to detect fraud. The fraudsters are invariably well-experienced at what they are doing because they have honed their skills on a large number of victims. [ad_2]

Mirae Asset Tax Saver mutual fund review: Good track record is a comfort [ad_1] ET Wealth collaborates with Value Research to analyse top mutual funds. We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision. BASIC FACTS DATE OF LAUNCH 28 DECEMBER 2015 CATEGORY EQUITY TYPE ELSS AUM* Rs.12,615 crore ...