Indian lender HDFC’s biggest-ever bond issue to see strong demand: Bankers By Dharamraj Dhutia MUMBAI (Reuters) – The biggest-ever bond issue by India’s Housing Development Finance Corp is expected to go smoothly without any major increase in interest costs for the financier as long-term investors will likely absorb the sale, bankers said. HDFC aims ...
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SBI FD interest rates: SBI hikes FD interest rates by up to 25 bps; introduces new fixed deposit tenor with 7.1% interest rate
SBI FD interest rates: SBI hikes FD interest rates by up to 25 bps; introduces new fixed deposit tenor with 7.1% interest rate [ad_1] After two months, the State Bank of India (SBI) has raised interest rates on select fixed deposits (FDs) by up to 25 basis points(bps). According to the SBI website, the increase in FD interest rates ranges ...
Read More »How to use Aadhaar Mitra, UIDAI's New AI chatbot
How to use Aadhaar Mitra, UIDAI's New AI chatbot [ad_1] How to use Aadhaar Mitra, UIDAI’s New AI chatbot [ad_2]
Read More »SBI increases home loan interest rates; Check how much your EMI will increase
SBI increases home loan interest rates; Check how much your EMI will increase [ad_1] Following the Reserve Bank of India’s (RBI) 25 basis point hike to 6.50 percent in the repo rate, the State Bank of India (SBI) is the most recent bank to raise the interest rates on home loans. SBI increased the MCLR, EBLR, and RLLR loan interest ...
Read More »SBI raises MCLR by 10 bps; increases deposit rates in some buckets
SBI raises MCLR by 10 bps; increases deposit rates in some buckets State Bank of India (SBI) has raised its marginal cost of funds-based lending rate (MCLR) by 10 basis points (bps), effective February 15. The country’s largest lender announced the decision after the Reserve Bank of India’s monetary policy committee (MPC) last week raised ...
Read More »SBI FD Interest Rates: SBI increases FD interest rates, home loan, other loan rates
SBI FD Interest Rates: SBI increases FD interest rates, home loan, other loan rates [ad_1] SBI FD rate hike According to the SBI website, the increase in FD interest rates ranges from 5 basis points to 25 basis points. The increased FD interest rates go into effect on February 15, 2023. The higher interest rates would be applicable to fixed ...
Read More »New proposed digital law allows use of personal data without your ‘explicit’ consent, including by search engines
New proposed digital law allows use of personal data without your ‘explicit’ consent, including by search engines [ad_1] On November 18, 2022, the Ministry of Electronics and Information Technology proposed a new version of the upcoming data privacy legislation in India, namely the Digital Personal Data Protection Bill 2022. The proposed bill would replace the existing 2011 rules related to ...
Read More »Rupee to weaken on bets of more Fed Reserve rate hikes, RBI in focus
Rupee to weaken on bets of more Fed Reserve rate hikes, RBI in focus By Anushka Trivedi and Nimesh Vora MUMBAI (Reuters) – The Indian rupee is expected to decline against the dollar at open on Wednesday after the U.S. inflation reading underscored bets of more Federal Reserve rate hikes. The non-deliverable forwards indicate ...
Read More »SBI loans to get costlier as bank hikes key lending rate; Details here
SBI loans to get costlier as bank hikes key lending rate; Details here The State Bank of India (SBI) announced a hike in the marginal cost of funds-based lending rate (MCLR) by 10 basis points (bps) across tenures. The new rates will be effective from February 15. MCLR is the minimum rate at which a bank can ...
Read More »Kotak Bank arm raises $590 mn fund for data centre investments in India
Kotak Bank arm raises $590 mn fund for data centre investments in India A Kotak Mahindra Bank arm on Tuesday announced that it has raised $590 million (about Rs 4,885 crore) for investments in the data centres in the country. Kotak Investment Advisors (KIA) said it plans to raise $800 million under the Kotak Data ...
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