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Higher EPS pension: Snags hit EPFO portal as deadline looms

Higher EPS pension: Snags hit EPFO portal as deadline looms [ad_1] (This story originally appeared in on Jun 23, 2023) NEW DELHI: With just four days left to the June 26 deadline to submit the joint option for higher pension, applicants and employers continue to grapple with multiple technical glitches that are posing difficulties in submitting the application through the ...

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epfo: Applying for higher EPS pension: As glitches plague EPFO portal, govt may again extend deadline

epfo: Applying for higher EPS pension: As glitches plague EPFO portal, govt may again extend deadline [ad_1] (This story originally appeared in on Jun 24, 2023) NEW DELHI: With employers sending in representations to the government asking it to simplify the process of applying for higher pension and the unified portal still riddled with technical glitches, the government may grant ...

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Monday is the last date to apply for higher EPS pension

Monday is the last date to apply for higher EPS pension [ad_1] If you have still not applied for the higher pension from the Employees’ Pension Scheme (EPS), you must hurry. The last day to apply for this is June 26, 2023 — Monday. If EPF members miss this deadline (which has been extended twice already) set by the Employees ...

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India’s forex reserves rise to $596.10 billion in week to June 16

forex

India’s forex reserves rise to $596.10 billion in week to June 16 BENGALURU (Reuters) – India’s foreign exchange reserves rose to $596.10 billion as of June 16, the Reserve Bank of India’s (RBI) data showed on Friday. That was an increase of $2.35 billion from the previous week. Reserves had fallen by $1.3 billion in the week to ...

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Add-on options can save your vehicle from monsoon damage

Business Standard

Add-on options can save your vehicle from monsoon damage It is that time of the year when standard, comprehensive car insurance would not be enough to fully protect your vehicle against monsoon-related damages.Excessive rainfall brings along monsoon-related problems like waterlogging, traffic congestions, vehicles breaking down etc and motor vehicles are the biggest victims of the downpour. Depending on the insurance ...

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RBI imposes penalty on J&K Bank, Bank of Maharashtra, Axis Bank

Business Standard

RBI imposes penalty on J&K Bank, Bank of Maharashtra, Axis Bank Reserve Bank of India (Photo: Bloomberg) The Reserve Bank on Friday said it has imposed a penalty of Rs 2.5 crore on Jammu and Kashmir Bank for non-compliance with certain directions, including one related to ‘time-bound implementation and strengthening of SWIFT-related operational controls’. A penalty of Rs ...

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Regulator IRDAI approves transfer of HDFC Life shares to HDFC Bank

The strategy to rapidly expand branch networks comes at a time when all other banks are going digital

Regulator IRDAI approves transfer of HDFC Life shares to HDFC Bank An Indian regulator has approved HDFC Ltd’s move to transfer its near 49% stake in its life insurance unit to HDFC Bank, clearing a key step ahead of their merger. HDFC announced a $40 billion deal last year to merge with the top private lender. As part ...

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Moody’s affirms Yes Bank’s ratings, financial performance to remain stable

Business Standard

Moody’s affirms Yes Bank’s ratings, financial performance to remain stable Moody’s Investors Service on Friday said it has affirmed Yes Bank’s ratings on the back of expectation that its financial performance will remain stable over the next 12-18 months. The long-term foreign and local currency bank deposit ratings and foreign currency issuer rating has been affirmed at ‘Ba3’, ...

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Inflation is slowing down personal consumption expenditure: RBI paper

Business Standard

Inflation is slowing down personal consumption expenditure: RBI paper Inflation is slowing down personal consumption expenditure, which in turn is moderating corporate sales and holding back private investment in capacity creation, said a Reserve Bank paper on Friday. The paper, authored by a team led by RBI Deputy Governor Michael Debabrata Patra, underlined the need for lowering inflation ...

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Apple to launch credit card in India, in talks with NPCI for Apple Pay

Business Standard

Apple to launch credit card in India, in talks with NPCI for Apple Pay Cupertino-based Apple is gearing up to launch its credit card, dubbed “Apple Card”, in India soon. Apple’s CEO Tim Cook met HDFC Bank CEO and Managing Director Sashidhar Jagdishan during his recent trip to India in April, according to a report in Moneycontrol on Friday. ...

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