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At Rs 14.71 trn, direct tax collection hits 86.6% of FY23 target by Jan 10 The Centre’s net direct tax collections, after adjusting for refunds, grew 19.55 per cent during the current fiscal year up to January 10, touching 86.68 per cent of the FY23 Budget Estimates (BE). Data released by the finance ministry on ...

Soon, these NRIs can use UPI with their international mobile numbers [ad_1] Non-resident Indians (NRIs), who are holding bank accounts in India and are living abroad, will soon be able to use Unified Payments Interface (UPI) platforms with their international mobile numbers. The National Payments Corporation of India (NPCI) has allowed UPI platforms to onboard non-resident accountholders (NRE/NRO accounts) from ...

Fresh KYC details for bank accounts: Do you need to submit it again? Is it mandatory? RBI answers – Do you need to submit fresh KYC details? [ad_1] Fresh KYC details for bank accounts: Do you need to submit it again? Is it mandatory? RBI answers – Do you need to submit fresh KYC details? | The Economic Times Updated: ...

RBI: Rupee continues winning streak, gains 1.5% in 3 days on foreign flows The rupee extended a stellar strengthening streak on Wednesday. It has gained 1.5 per cent so far this week as foreign investment flows continued to hit the currency market and as dollar demand from oil companies shrank, dealers said. The rupee closed ...

Which bank is offering best NRE FD interest rates: SBI vs HDFC Bank vs ICICI Bank vs PNB [ad_1] Which bank is offering best NRE FD interest rates: SBI vs HDFC Bank vs ICICI Bank vs PNB [ad_2]

Union Bank of India hikes home loan, other loan interest rates [ad_1] Union Bank of India has increased its marginal costs of funds-based lending rates (MCLR) across all tenures. According to the bank’s website, the revised interest rates will be effective between January 11, 2023 and 10th February 2023. After the hike, the Union Bank of India’s overnight MCLR rate ...

Cabinet clears Rs 2,600 cr scheme to promote RuPay debit card: Officials The Cabinet on Wednesday approved a Rs 2,600 crore scheme for promoting RuPay debit cards and low-value BHIM-UPI transactions. Under the scheme, banks would be provided financial incentives for promoting Point of Sale (PoS) and e-commerce transactions using RuPay and UPI in the ...

These banks have increased loan interest rates in January 2023 – Banks hike loan interest rates [ad_1] These banks have increased loan interest rates in January 2023 – Banks hike loan interest rates | The Economic Times 11 Jan 2023, 04:26 PM IST 1/7 Banks hike loan interest rates After the Reserve Bank decided to raise the repo rate in ...

Commercial loan origination volumes dip 4.3% in FY22; avg ticket sizes jump Commercial lending origination volumes declined by 4.3 per cent to 22.2 lakh loans in the COVID-affected FY22, a credit information company said on Wednesday. If one has to look at the originations by value, there was a 73 per cent jump to Rs ...

Joint home loans: Who can take, benefits [ad_1] Joint home loans: Who can take, benefits [ad_2]