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Banks get time till Dec 31 to execute revised agreement with locker holders The RBI on Monday extended the time till December-end for banks to enter into revised agreements with safe deposit locker holders as a large number of customers are yet to do so. In August, 2021 the Reserve Bank of India (RBI) had ...

Federal Bank revises savings account interest rates [ad_1] Federal Bank has revised the interest rate on savings accounts starting from January 23, 2023. The interest rates on Federal Bank’s savings accounts are linked to the RBI’s repo rate. At present, the RBI repo rate is 6.25%. According to the Federal Bank website, “As the interest rates are linked to Repo ...

Rupee falls 21 paise to 81.38 against US dollar amid rise in crude prices The rupee fell 21 paise to close as 81.38 (provisional) against the US dollar on Monday amid rise in crude prices. However, strong sentiment at domestic equities market and a weak dollar restricted the fall of the local currency, forex traders ...

How to get SBI bank account statement through customer care [ad_1] How to get SBI bank account statement through customer care [ad_2]

Axis Bank Q3 results: Net profit rises 61.9% to Rs 5,853 crore Indian private lender Axis Bank Ltd on Monday reported a 61.9% rise in quarterly profit, as strong loan growth boosted interest income. Net profit rose to 58.53 billion Indian rupees ($719.53 million) in the three months ended Dec. 31 from 36.14 billion rupees ...

Tax-saving FD: 5 banks offering highest interest rates on tax-saving fixed deposits [ad_1] [ad_2]

Latest NRE FD interest rates: SBI Vs HDFC Bank Vs ICICI Bank Vs Federal Bank vs PNB [ad_1] Non Resident Indians (NRIs) can open Non Resident External (NRE) fixed deposit accounts with any of the top banks in India. These accounts are maintained in Indian Rupees, and you can avail loan or overdraft on the same. Interest earned on NRE ...

India’s central bank likely buying dollar after rupee rose above 81.125/$ MUMBAI (Reuters) – India’s central bank likely bought dollars via state-run banks to prevent the rupee from appreciating significantly above the 81 psychological level, three traders told Reuters. The rupee was last quoted at 81.125 per U.S. dollar after climbing to 80.89 in early ...

Mutual Fund Guide: How to invest in a direct mutual fund scheme [ad_1] [ad_2]

Canara Bank reports 92% rise in net profit in Q3FY23, NPAs fall to 5.89% Canara Bank on Monday reported a 92 per cent jump in its net profits in the third quarter of the current financial year (Q3FY23). The profits stood at Rs 2,881 crore, as compared to Rs 1,502 crore in the same quarter last year. ...