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Festive Season Discount: Banks start offering festive season discounts on loans, credit and debit card spends [ad_1] With India in the midst of the festive season, many banks have lined up special offers and discounts to lure customers. Banks are offering special offers on cards, loans, waiver of processing fee etc. Here is a look at the festive season offers ...

As US dollar retreats, rupee rises 37 paise to 81.30 in early trade The rupee appreciated 37 paise to 81.30 against the US dollar in early trade on Tuesday as the American currency retreated from its elevated levels. At the interbank foreign exchange, the domestic unit opened at 81.45 against the dollar, then touched 81.30, registering a ...

Federal Bank revises FD interest rates: Check latest rates [ad_1] Federal Bank has revised interest rates on fixed deposits of less than Rs 2 crore. The new rates are effective from September 27, 2022, according to the bank’s official website. For fixed deposits with maturities ranging from 7 days to 10 years, the bank is now offering interest rates that ...

RBI may need to reload reserves as rupee falls further: HDFC economist MUMBAI (Reuters) – The Reserve Bank of India may need to find ways to replenish its foreign exchange reserves such as encouraging non-resident Indians to deposit more funds, as it looks to stabilise a depreciating rupee, HDFC Bank Chief Economist Abheek Barua said. The Indian ...

India in global bond index: What it means for your money [ad_1] [ad_2]

UPI vs UPI Lite: What are the key differences? Transaction limits, payment procedure explained [ad_1] UPI or UPI Lite — which one should you use for your day-to-day transactions? To answer this question, first, we need to find out how these two payment options work and their key features. What is UPI? Unified Payments Interface or UPI has become a ...

What are the implications of Rupee staying beyond 80? The Indian rupee sank to a new record low on Monday against the US dollar as the greenback’s unabated strength wreaked havoc on financial markets across the globe amid fears over more aggressive monetary tightening. The local unit weakened by 63 paise to end Monday at 81.63 per dollar, ...

Startups: How small investors can put money in startups, how gains made on investments will be taxed [ad_1] We know that diversifying investments across asset classes—stocks, bonds, real estate and gold— helps mitigate risk. Small investors can now include an asset class that was till recently the preserve of high networth individuals. Startup investing has the potential to deliver outsized ...

senior citizens savings scheme: Senior Citizens’ Savings Scheme: Who can invest, how to open SCSS account [ad_1] The Senior Citizens’ Savings Scheme (SCSS) is a retirement savings scheme specifically designed for senior citizens, that is, those who are above the age of 60 years. The rate of interest of the SCSS is decided by the government and it provides regular ...

Pharma Stocks: 4 pharma stocks with up to 20% upside potential [ad_1] The pharma sector has faced multiple headwinds in the last few quarters. However, the sector’s outlook appears to be improving as raw material and logistics costs are seeing a softening trend which will help reduce operational costs. Analysts expect price erosion in the US market to reduce to ...