This PSU bank offers up to 7.8% on senior citizen FDs; check latest fixed deposit rates [ad_1] Union Bank of India has revised the interest rates of its fixed deposits (FDs) worth less than Rs 2 crore. The new interest rates are effective from November 25, according to the Union Bank website. After the revision, the bank will now offer ...
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Old pension scheme: Is politics trumping economics?
Old pension scheme: Is politics trumping economics? The pension reform had the backing of both BJP and Congress. Now, the political parties are using it as a tool to gain power in certain states. While this may be good politics, is it good economics?
Read More »Index Mutual Funds: Active mutual funds vs index funds vs ETFs: Where can you earn higher returns?
Index Mutual Funds: Active mutual funds vs index funds vs ETFs: Where can you earn higher returns? [ad_1] Synopsis Any benchmark index mostly represents the best set of stocks in the category concerned. Any movement in an equity index represents the combined movement in the prices of all the stocks in the index, with reference to their respective weightage. For ...
Read More »UP govt to present supplementary FY23 budget for state on Dec 5
UP govt to present supplementary FY23 budget for state on Dec 5 The Uttar Pradesh government will present its supplementary budget for the current financial year 2022-23 on the first day of the winter session of the Assembly on December 5
Read More »5 banks offering lowest personal loan interest rates
5 banks offering lowest personal loan interest rates [ad_1] A personal loan can be availed from banks and non-banking financial institutions (NBFCs) without putting up any security or collateral. As personal loan is an unsecured loan, your eligibility will be largely dependent on your credit score and monthly income. Here are 5 banks offering best interest rates on personal loan ...
Read More »UIDAI Aadhaar Verification: Verify Aadhaar before accepting it as a identity proof: UIDAI to states
UIDAI Aadhaar Verification: Verify Aadhaar before accepting it as a identity proof: UIDAI to states [ad_1] The Unique Identification Authority of India (UIDAI) has ordered state governments to check Aadhaar cards before accepting them in the physical or electronic form to establish an individual’s identification. UIDAI has urged the state governments to offer the appropriate instructions so that whenever Aadhaar ...
Read More »These investors can earn up to 8.75% interest rate on this bank’s FDs
These investors can earn up to 8.75% interest rate on this bank’s FDs [ad_1] Utkarsh Small Finance Bank (SFB) has made interest rate revisions on fixed deposits of less than Rs 2 crore. The new rates are effective from November 1, 2022. Utkarsh Small Finance Bank FD RatesThe bank is currently offering FDs with maturities ranging from 7 days to ...
Read More »Rupee advances 16 paise to 81.54 against US dollar in early trade
Rupee advances 16 paise to 81.54 against US dollar in early trade The rupee appreciated 16 paise to 81.54 against the US dollar in early trade on Friday on broad dollar weakness and in line with its Asian peers. At the interbank foreign exchange, the domestic unit opened at 81.69 against the dollar, then gained ground to touch 81.54, registering ...
Read More »These Re 1, 50 paise coins are going out of circulation
These Re 1, 50 paise coins are going out of circulation [ad_1] If you have Re 1 and 50 paise coins, then you should check to see if they are the cupronickel (copper-nickel) coins shown below. This is because as per a notice put up by an ICICI Bank branch in a New Delhi locality, certain coins are not allowed ...
Read More »Regulating NBFCs like banks to impair lending model: FIDC to FM Sitharaman
Regulating NBFCs like banks to impair lending model: FIDC to FM Sitharaman According to the memorandum, if NBFCs are to be regulated like banks, then the typical NBFC model of lending will suffer which will have an impact lending to the unbanked/ underbanked segment
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