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HDFC hikes lending rates by 25 bps; your home loan EMIs to increase [ad_1] Home Development Finance Corporation Ltd (HDFC) has hiked its Retail Prime Lending Rate (RPLR) by 25 basis points (bps) with effect from March 1, 2023. According to the HDFC press release, “HDFC increases its Retail Prime Lending Rate (RPLR) on Housing loans, on which its Adjustable ...

HDFC hikes home loan rates by 25 bps, takes minimum borrowing cost to 9.2% Mortgage lender HDFC Ltd has hiked its home loan rates by 25 basis points effective March 1, the company said in a statement on Tuesday. With this, the home loan rates offered by HDFC will start at 9.20 per cent. However, ...

Bond yield reaches 7.45%: Returns from debt products are looking attractive, how to gain more from it [ad_1] Indian investors have predominantly preferred debt. According to the Reserve Bank of India (RBI) data on the split of financial assets of households for the period ended March 2022, 52% of the financial assets were held in deposits. Moreover, in the last ...

Indian banks unprepared for RBI’s ESG push, survey shows: Report Indian banks are not prepared to adopt environmental, social and governance (ESG) norms as part of their lending models due to reasons including a lack of clarity on how they apply to lenders, a survey conducted by an industry body on behalf of the central bank showed, ...

Cancer care is expensive; health insurance that covers cancer is not. Here’s how you can choose the right health insurance plan to protect yourself and your loved ones. [ad_1] Cancer, collectively with other noncommunicable diseases (NCDs) including heart disease, stroke, diabetes and chronic lung disease, are responsible for 74% of all deaths worldwide. Around 10 million people die of cancer ...

SBI raises $1 billion via syndicated social loan for further lending The State Bank of India , the country’s top lender, on Tuesday said it raised $1 billion via a syndicated social loan from global banks for further lending to certain kinds of socially impactful businesses in India. The funds will be used to further ...

DBS Bank FD Interest Rates: DBS Bank revises FD interest rates: senior citizens can earn up to 8% [ad_1] DBS Bank has revised the interest rates of its fixed deposits below Rs 2 crore. After the revision, DBS Bank offers interest rates ranging from 2.50% to 7.50% to the general public and 2.50% to 8% to senior citizens. DBS Bank ...

Indian banks well placed to transit to Expected Credit Loss regime: S&P Standard and Poor’s on Tuesday said that Indian Banks rated by it are largely well placed to transition to the Expected Credit Loss (ECL) approach under International Financial Reporting Standard 9 (IFRS 9). This transition is not expected to change ratings on these ...

Here’s why tax-conscious investors can consider ELSS to increase their wealth [ad_1] With only a month left to file income tax returns, investors are scouting for numerous ways to reduce their annual taxable income. Last-minute investments made to save tax might help in the short term but neither provide appreciable returns nor help build a corpus for long-term financial goals. ...

investment: Stay invested: Don’t cancel your SIPs, the India story is not over yet! – The Economic Times Video [ad_1] Find this comment offensive? Choose your reason below and click on the Report button. This will alert our moderators to take action Name Reason for reporting: Foul languageSlanderousInciting hatred against a certain communityOthers Your Reason has been Reported to the ...