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Gold Buying: Is this the right time to buy gold ahead of Diwali? [ad_1] Gold prices have remained subdued in both international and domestic markets lately. Back-to-back interest rate hikes by central banks across the world and rising US dollar and bond yields have kept the yellow metal under pressure. Keeping these factors in mind, is it the right time ...

Muthoot Finance to raise Rs 300 cr via secured NCDs, issue size at Rs 75 cr Muthoot Finance Ltd has said it will raise Rs 300 crore by issuing secured redeemable non-convertible debentures (NCDs) of face value of Rs 1,000 each. This issue will be open from October 6 to October 28 with an option to close ...

GPF Interest Rate: Central govt employees: General Provident Fund (GPF), CPF interest rates announced for Oct-Dec 2022 quarter [ad_1] The Ministry of Finance has announced the interest rate for General Provident (GPF) and other similar provident fund schemes. The ministry has kept the interest rate unchanged for GPF and similar funds for the October-December quarter, of 2022. According to a ...

Bank FDs vs post office term deposit: Which offers senior citizens higher interest rate for short term [ad_1] The government has raised the interest rates for a few small savings schemes after almost four years. Three minor saving programmers’ interest rates were increased for the quarter of October-December 2022, per a circular released by the Finance Ministry on September 29. ...

Loan for 20 years, EMIs for 24: RBI rate hikes leave borrowers in a fix The continuous hikes in interest rates by the Reserve Bank of India (RBI) have led to a rise in tenure for home loans. The 20-year home loans are now 24 years long, a report by Economic Times (ET) said on Thursday. The borrowers who ...

EPF interest: Why interest credited into EPF account is not visible, finance ministry clarifies [ad_1] The Finance Ministry has said that there will be no loss of interest rate for Employees’ Provident Fund Organisation (EPFO) subscribers, and the delay in crediting interest rate for FY22 is due to a software upgrade due to tax changes implemented last year. In June, ...

NARCL makes offers to acquire Jaypee Infratech debt held by Public Banks State-owned banks that gave loans to Jaypee Infratech will be able to recover their money next month. However, 24,000 homeowners, owners of fixed deposits, and private lenders will have to wait until the bankruptcy court endorse the resolution plan of the winning bidder Suraksha Group, reported the ...

UPI Frauds: How to prevent from UPI Frauds? Follow these tips [ad_1] The SBI shares 6 tips for safe UPI transactions. 1) You don’t need to enter your UPI Pin while receiving money. 2) Always verify the identity of the person you are sending money to. 3) Do not accept random unknown collect requests. 4) Do not share your UPI ...

RBI plans to extensively use AI, ML to improve regulatory supervision The Reserve Bank is planning to extensively use advanced analytics, artificial intelligence and machine learning to analyse its huge database and improve regulatory supervision on banks and NBFCs. For this purpose, the central bank is also looking to hire external experts. While the RBI is ...

Bank Holiday Tomorrow: Is October 5 a bank holiday? [ad_1] Collectively banks in various states will be closed for 21 days in October 2022 due the festive season. In addition to this, banks won’t be open on Sundays and the second and fourth Saturdays. When is Dussehra celebrated It is the festival of Dussehra and banks will be closed for ...