Defence Sector Stocks: 4 defence sector stocks with up to 32% upside potential [ad_1] The government’s aim to achieve self-reliance in the defence sector has boosted the share prices of defence companies. Twelve listed companies across private and public domains delivered an average return of over 58% in the past year. Comparatively, the NSE 500 index delivered 1.5% returns during ...
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Reserve Bank of India to conduct auction of 10-year govt bond on Friday
Reserve Bank of India to conduct auction of 10-year govt bond on Friday The Reserve Bank of India (RBI) will conduct the auction of a new 10-year government bond on Friday, the central bank said through a press release on Monday. The government will sell a notified amount of Rs 28,000 crore worth of three ...
Read More »You don’t need debit card to activate UPI: Here’s how to activate UPI using Aadhaar
You don’t need debit card to activate UPI: Here’s how to activate UPI using Aadhaar [ad_1] Punjab National Bank recently announced that its customers can activate the Unified Payments Interface (UPI) using Aadhaar-based one-time password (OTP) authentication.Earlier, to activate UPI, customers had to mandatorily use a valid debit card number for OTP authentication to set up a PIN while registering. ...
Read More »Punjab National Bank reports Q3 net profit down 44% to Rs 629 crore
Punjab National Bank reports Q3 net profit down 44% to Rs 629 crore Punjab National Bank (PNB) on Monday reported a 44 per cent decline in standalone net profit at Rs 629 crore in the third quarter ended December. The state-owned bank had earned a net profit of Rs 1,127 crore in the year-ago period. ...
Read More »5 NBFCs offering more than 8% FD interest rate for senior citizens
5 NBFCs offering more than 8% FD interest rate for senior citizens [ad_1] Non-banking financing companies (NBFCs) offer fixed deposit services to their customers; while they are similar to bank fixed deposits in many aspects, there is a difference when it comes to safety of deposits. As NBFCs are not protected by the Deposit Insurance and Credit Guarantee Corporation (DICGC), ...
Read More »Canada’s CPPIB invests $205 million in Indian co IndoSpace’s new fund
Canada’s CPPIB invests $205 million in Indian co IndoSpace’s new fund BENGALURU (Reuters) – Indian warehouse and parks developer IndoSpace on Monday said the Canada Pension Plan Investment Board (CPPIB) will invest $205 million in the company’s new real estate fund. The investment from Canada’s biggest pension fund is part of IndoSpace’s new fund targeting ...
Read More »SBI home loan borrowers can avail concession up to 30-40 bps till this date
SBI home loan borrowers can avail concession up to 30-40 bps till this date [ad_1] State Bank of India (SBI) customers can avail concession on home loans up to 40 bps lower than the actual rate. This offer is valid up to March 31, 2023. SBI home loan lending rate (without concession)According to the SBI website, regular home loans come ...
Read More »Moody’s withdraws IDBI Bank’s credit ratings for business reasons
Moody’s withdraws IDBI Bank’s credit ratings for business reasons Global credit rating agency Moody’s Investors Service on Monday said it has withdrawn IDBI Bank Ltd’s ratings for business reasons. According to Moody’s, it has withdrawn the Ba1/NP long-term (LT) and short-term (ST) local and foreign currency counterparty risk ratings (CRR), Ba2/NP LT and ST local ...
Read More »All you need to know about National Pension System (NPS) and its tax benefits
All you need to know about National Pension System (NPS) and its tax benefits [ad_1] Financial planning is one of the most essential steps to meet one’s life goals. A strong financial plan can help us manage our income, expenses, and investments, and allows us to build the life that we aspire for, taking into consideration fluctuating expenses, unexpected exigencies, ...
Read More »CSB Bank Q3 net up 5% to Rs 156 cr on strong growth in deposits and loans
CSB Bank Q3 net up 5% to Rs 156 cr on strong growth in deposits and loans Kerala-based CSB Bank has posted a rise of 5 per cent in net profit for the third quarter of the financial year ended December 2022, to Rs 156 crore, from Rs 148 crore in the same period of FY22. ...
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