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BHIM UPI transactions : When do BHIM UPI transactions get declined? [ad_1] BHIM UPI transactions : When do BHIM UPI transactions get declined? | The Economic Times 14 Jan 2023, 12:31 PM IST Bharat Interface for Money (BHIM) is a UPI-based payment interface that enables real-time financial transfers with a single identification, such as your mobile number or name. UPI ...

HDFC Bank’s Q3 net profit jumps 18.5% YoY on healthy interest income growth India’s largest private lender HDFC Bank on Saturday reported an 18.5 per cent year-on-year (YoY) increase in net profit to Rs 12,259 crore in the third quarter of FY23 as healthy growth in net interest income boosted the bank’s bottomline, said the company’s BSE ...

sbi home loan interest rates: SBI increases home loan, other loan interest rates by 10 bps w.e.f Jan 15 [ad_1] State Bank of India (SBI) has increased its marginal cost of funds-based lending rate (MCLR) by 10 basis points (bps) on select tenor. The new MCLR rates come into effect on January 15, 2023, as per the bank’s website. Due ...

post office scheme interest rates: Post Office Schemes latest Interest Rates in India for 2023 [ad_1] The government offers various small savings or post office schemes catering to different needs of individuals. Interest rates on these savings schemes are announced once in three months (every quarter) by the government. These are popular schemes as they are backed by the central ...

postal life insurance policy: Post Office Life Insurance policy bonus declared for FY 2023-2024 [ad_1] The government has announced the bonus for Post Office Life (PLI) Insurance policyholders. The rates of Bonus for the Financial Year 2023-24 will be applicable from 01.04.2023. According to the Ministry of Communications notification dated January 4, 2023, “—In exercise of powers conferred vide Rule ...

India lets banks use face recognition, iris scan for transactions: Rpts The Indian government is allowing banks to verify individual transactions that exceed a certain annual limit using facial recognition and an iris scan in some cases, in a bid to reduce fraud and tax evasion, three sources told Reuters. A few large private and ...

Credit growth of scheduled commercial banks tapers off in December Banks extended loans of almost Rs 1.5 trillion during the fortnight ended December 30

Piyush Goyal calls for redoubling efforts at WTO for TRIPS waiver Commerce and Industry Minister Piyush Goyal on Friday pitched for increasing efforts at the World Trade Organization (WTO) for getting patent waivers for diagn­ostics and therapeutics used to deal with the Covid-19 pandemic. In June last year, members of the WTO agreed to grant a temporary patent ...

Dynasty Acquisition pares 2.14% stake in Shriram Finance for Rs 1,040 cr Dynasty Acquisition (FPI) on Friday divested 2.14 per cent stake in the non-banking financial company (NBFC) Shriram Finance for Rs 1,040 crore through open market transactions. The buyers include — FID Funds Mauritius, Societe Generale, BNP Paribas Arbitrage, and ICICI Prudential Life Insurance Company, ...

Forex reserves drop by $1.268 billion to $561.583 billion, says RBI India’s forex reserves declined by USD 1.268 billion to USD 561.583 billion for the week ended January 6, the Reserve Bank said on Friday. The overall reserves had increased by USD 44 million to USD 562.851 billion in the previous reporting week after two consecutive weeks of ...