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Bank of Maharashtra to raise up to Rs 1,000 crore from share sale in Q4: MD State-owned Bank of Maharashtra (BoM) on Monday said it proposes to raise up to Rs 1,000 crore from qualified institutions placement (QIP) in the January-March quarter to meet minimum public shareholding (MPS) norms of market regulator Sebi. The bank has initiated the ...

Kotak Mahindra Bank hikes FD interest rate on this tenor [ad_1] Kotak Mahindra Bank has hiked the interest rates offered on its fixed deposits (FDs) for amounts below Rs 2 crore. The revised interest rates on FDs are effective from January 16, 2023. The revised interest rates are applicable for domestic, NRO, and NRE deposits. This is the second time ...

Axis Bank tops Re-bond league table for 16th consecutive year in 2022 Axis Bank has trumped every competitor for the 16th consecutive year in 2022 as a rupee domestic bond issue arranger, cornering 19.20 per cent market share or Rs 92,904.5 crore across 127 issuances. Significantly, the top three spots are retained by private sector lenders with the ...

How NRIs can open eNPS account using Aadhaar| EconomicTimes [ad_1] PRAN allotment After successful payment, Permanent Retirement Account Number (PRAN) will be allotted to you. In case of Repatriable eNPS NRI account, the subsequent contributions have to be made through the account which has been provided during registration process. [ad_2]

Rupee pares initial gains, falls 21 paise to close at 81.59 against dollar The rupee pared initial gains and settled 21 paise lower at 81.59 (provisional) against the US dollar on Monday, tracking a rebound in the greenback overseas and a muted trend in domestic equities. Forex traders said risk aversion in international markets and sustained foreign fund ...

HDFC Taxsaver mutual fund review: Should you stay invested? [ad_1] ET Wealth collaborates with Value Research to analyse top mutual funds. We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision. BASIC FACTSDATE OF LAUNCH31 MARCH 1996CATEGORY EQUITYTYPEELSSAUM*Rs.9,993 CroreBENCHMARKNIFTY 500 TOTALRETURN INDEX WHAT IT COSTSNAV**GROWTH OPTIONRs.815.32IDCWRs.58.84MINIMUM INVESTMENTRs.500MINIMUM SIP AMOUNTRs.500EXPENSE RATIO*** ...

Federal Bank December quarter profit increases 54% to Rs 804 crore Private sector lender Federal Bank on Monday posted a 54 per cent rise in its profit at Rs 804 crore in the third quarter ended December 2022, on higher net interest income and improved asset quality. The bank had posted a net profit of Rs 522 crore ...

Canara Bank increases debit card service charges with effect from Feb 13, 2023: Check details [ad_1] Canara Bank has hiked its service charges of different types of debit cards. According to the Canara Bank website, the revised charges are effective February 13, 2023. The bank has hiked charges on annual fee charges per annum, debit card replacement charges, debit card ...

Sidbi partners with VFS to extend MSME loans up to Rs 5 lakh at 13% pa The Small Industries Development Bank of India (SIDBI) has entered into a partnership with VFS Capital to extend loans to the MSME sector, the Kolkata-based microfinance institution said. VFS Capital will extend MSME loans upto Rs 5 lakh at ...

Tamil Nadu Bank Holiday: Is it a bank holiday in Tamil Nadu on January 16, 17? [ad_1] Banks in Tamil Nadu will be closed for two days: on January 16 in celebration of Thiruvalluvar Day, and on January 17 in observation of Uzhavar Thirunal. On the other hand, with the exception of Sunday, all states will have banks open every ...