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NARCL emerges as the top bidder for SREI twins with an NPV of Rs 5,555 cr National Asset Reconstruction Company Ltd (NARCL), or the government-backed bad bank to take over stressed assets of lenders, has emerged as the leading bidder in the auction for Srei Infrastructure Finance and Srei Equipment Finance. NARCL’s bid was the highest with ...

Senior citizens: Govt hikes Senior Citizen Savings Scheme, NSC, Post Office Time Deposit interest rates – Interest rate hike [ad_1] The Post Office Time Deposit Account is one of India Post’s most well-known savings plans (POTD). For Post Office Time Deposit deposits, there are four different tenure options: one, two, three, and five years. There is no maximum investment amount ...

Odisha-based Annapurna Finance applies for universal bank license Bhubaneswar-based Annapurna Finance Private Limited (AFPL) has applied to the Reserve Bank of India for a universal bank licence during the quarter ended on December 31, the regulator said in a statement on Wednesday. Established in 2009, the micro-finance institution has been promoted by People’s Forum (PF), ...

5 different types of home loans available in India [ad_1] [ad_2]

Bajaj Finance loan booking up 5.5% in Q3FY23, hits lifetime high of 7.8 mn Consumer financier Bajaj Finance on Wednesday said that new loans booked by it in October–December quarter of FY23 were the highest ever at 7.8 million, up 5.4 per cent from the year-ago period. The company has also recorded its highest ever ...

How to activate contactless payments on SBI debit card [ad_1] How to activate contactless payments on SBI debit card [ad_2]

Issues related to cards, net banking top complaint areas at OBO: RBI report Issues related to ATM/debit cards and mobile/electronic banking were the top grounds of complaints received at the Office of Banking Ombudsman (OBO) during April 1 to November 11, 2021, an RBI report said on Wednesday. The volume of complaints received under the ...

NPS death claim: Video-based identification allowed for verification of legal heir, nominee [ad_1] The Pension Fund Regulatory and Development Authority (PFRDA) has decided to permit intermediaries to use technological intervention by using Video Based Customer Identification Process (VCIP) as an additional due diligence mechanism for verifying the nominee, claimant, and legal heir while processing the withdrawal claims in case of ...

Government bond yields little changed as traders await fresh triggers By Dharamraj Dhutia MUMBAI (Reuters) – Indian government bond yields ended little changed on Wednesday as traders awaited fresh triggers, after falling earlier in the session tracking easing U.S. yields and oil prices. The benchmark 10-year yield ended at 7.3212%, after closing at 7.3211% ...

2023 money making ideas: 5 habits to adopt in 2023 to make your money grow [ad_1] A new year is synonymous with new beginnings. It could also be the perfect time to set some new money goals that you would like to achieve this year. As we all know, new year resolutions are easy to make but harder to follow, ...