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Rupee starts New Year on muted note, closes at 82.75 against dollar The rupee started the New Year on a muted note, declining 14 paise to close at 82.75 (provisional) against the US dollar on Monday as rising crude oil prices and sustained foreign fund outflows weighed on investor sentiment. Forex traders said the support ...

retirement: Simple rule to estimate how much you can withdraw from retirement corpus without threat of old age poverty [ad_1] If there is a universal problem in savings and investments, then it is that of retirement. Except for the lucky few who have enough wealth or some kind of protected income, there is no one who does not worry about ...

RBI: SBI, ICICI Bank, HDFC Bank continue to be domestic systemically important banks: State Bank of India (SBI) and privately owned ICICI Bank and HDFC Bank continue to be Domestic Systemically Important Banks (D-SIBs) or institutions that are too big to fail, said the Reserve Bank of India (RBI) on Monday. It’s the structure followed ...

Funds: Tap crowdfunding to raise funds for a cause: How to start a fundraiser [ad_1] For almost a decade, 25-year-old Kanishka Pandey had seen his father, Hem Chandra, battle a serious liver condition. But early in 2022, when his situation worsened to cirrhosis, the only hope for survival was a liver transplant. Kanishka was an eligible donor, but the family ...

Care Ratings upgrades Hinduja Leyland Finance’s long-term debt to AA Hinduja Leyland Finance (HLF), a non-banking financier and subsidiary of commercial vehicle maker Ashok Leyland, announced on Monday that its credit ratings have been revised by CARE Ratings. The agency upgraded HLF’s long-term rating to “CARE AA (Double A), Stable.” This rating embraces long-term bank ...

PNB FD interest rates: PNB hikes savings account, FD interest rates [ad_1] Punjab National Bank hikes savings account and fixed deposit interest rates on certain tenures for amounts below Rs 2 crore. The new rates are applicable from January 1, 2023, according to the PNB website. The bank had previously hiked FD interest rates on December 20, 2022. PNB savings ...

State-owned Indian Bank hikes lending rates by up to 25 basis points State-owned Indian Bank on Monday increased lending rates, including the marginal cost of funds-based lending rates (MCLR), by up to 25 basis points. The new rates are effective from January 3, Indian Bank said in a regulatory filing. The Asset Liability Management ...

Senior Citizen Savings Scheme interest rate hiked to 8%; eligibility, features, tax benefits [ad_1] [ad_2]

SBI, ICICI Bank, HDFC Bank remain systemically important banks: RBI The RBI on Monday said state-owned SBI, along with private sector lenders ICICI Bank and HDFC Bank continue to be Domestic Systemically Important Banks (D-SIBs) or institutions which are ‘too big to fail’. SIBs are perceived as banks that are ‘too big to fail (TBTF)’. ...

Earn up to 9.36% interest rate on this NBFC’s FDs [ad_1] Shriram Finance (SFL) has hiked fixed deposit interest rates across different tenures. The new rates on FDs are effective from January 1, 2023. Increase in interest rate On Shriram Unnati Deposits rates are hiked by 5 to 30 basis points(0.05% p.a. to 0.30% p.a.) across different tenures. Customers can ...