Bank locker charges of SBI, HDFC Bank, PNB, ICICI Bank, Canara Bank [ad_1] Bank lockers can be used to store property documents, jewellery, loan documents, savings Bonds, insurance policies, and other confidential items which need safekeeping. Depending on the size of the locker and the centre where the branch is located, the bank will charge an annual rent. At the ...
Read More »Blog
December Bank Holidays 2022: Bank holidays December 2022: Banks to remain closed for 14 days in December, check the full state-wise list
December Bank Holidays 2022: Bank holidays December 2022: Banks to remain closed for 14 days in December, check the full state-wise list [ad_1] Banking operations will be closed on specific days in accordance with the Reserve Bank of India’s (RBI) calendar of holidays for the month of December 2022, however, Internet banking services will be available. All the bank holidays ...
Read More »Rupee gains 8 paise to 81.60 against US dollar as foreign capital inflows
Rupee gains 8 paise to 81.60 against US dollar as foreign capital inflows The rupee appreciated 8 paise to 81.60 against the US dollar in early trade on Tuesday as foreign capital inflows and a firm trend in the domestic equity market boosted investor sentiments. Besides, a weak American currency in the overseas market helped the local ...
Read More »Can India’s new finance hub in Gujarat become the next Singapore or Dubai?
Can India’s new finance hub in Gujarat become the next Singapore or Dubai? India’s newest financial hub is rising from scrubland near the banks of the Sabarmati River once dominated by marsh birds and grazing buffalo. In the state of Gujarat, just a few glass-fronted towers greet the 20,000 employees of companies such as JPMorgan Chase & ...
Read More »Late Husband Demat Account: How to transfer late husband’s shares in demat account to another heir?
Late Husband Demat Account: How to transfer late husband’s shares in demat account to another heir? [ad_1] Q.My husband had a demat account but there was no nominee. My husband expired recently. How can we transfer the shares to another heir? Can it be transferred only to spouse, or will it be shared equally by all the heirs? What could ...
Read More »4 reasons Vinati Organics is this week’s stock pick
4 reasons Vinati Organics is this week’s stock pick [ad_1] Vinati Organics, which manufactures specialty chemical and organic intermediaries, delivered a strong performance in the second quarter of 2022-23. The revenue and PAT grew 51.4% and 43% on a y-o-y basis, helped by robust demand for its key chemical products —ATBS and IBB. However, higher raw material costs led to ...
Read More »Budget 2023-24: Stay on fiscal glide path, economists advise FM Sitharaman
Budget 2023-24: Stay on fiscal glide path, economists advise FM Sitharaman The Union government could target a fiscal deficit of 5.8-6 per cent of nominal GDP for 2023-24, and it should continue its capital expenditure push and look to simplify the personal income tax regime, economists recommended Finance Minister Nirmala Sitharaman and her team during their pre-Budget interaction on ...
Read More »Crypto Tax Rules: Stiff tax rules for cryptos saved investors from crash: U.K. Sinha
Crypto Tax Rules: Stiff tax rules for cryptos saved investors from crash: U.K. Sinha [ad_1] The unfavourable regulations may have discouraged investments in virtual assets but probably helped contain the contagion in India, Upendra K. Sinha, former Sebi chairman tells ET Wealth. The crash in cryptos has destroyed enormous investor wealth. Do you think regulators should have played a proactive ...
Read More »RBI imposes Rs 1.25 crore penalty on Zoroastrian Co-operative Bank
RBI imposes Rs 1.25 crore penalty on Zoroastrian Co-operative Bank The Reserve Bank of India has imposed a penalty of Rs 1.25 crore on Zoroastrian Co-operative Bank, Mumbai for non-compliance with certain directions, including one related to discounting of bills. In a release, the RBI said the bank had failed to comply with its directions on ‘Discounting ...
Read More »investors: 5 factors impacting risk appetite of investor
investors: 5 factors impacting risk appetite of investor [ad_1] 1.The age of the investor is an important factor as older investors may have a lower risk appetite than younger ones. 2.The more the accumulated capital an investor has, the higher will be the risk appetite. 3.The higher the income stability, the higher is the risk-taking ability. 4.Risk Appetite of an ...
Read More »