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Banks, FIs must design project-based products to meet NIP target: DFS secy Banks and financial institutions need to design products in sync with requirements of infra projects in view of the whopping Rs 111 lakh crore National Infrastructure Pipeline (NIP), Financial Services Secretary Vivek Joshi said on Thursday. Observing that the infrastructure sector has strong ...

National Saving Certificate interest rate hiked: NSC rate for Jan-Mar 2023 quarter [ad_1] The government has hiked the National Savings Certificate interest rate for the January-March 2023 quarter to 7% from earlier 6.8%. The National Savings Certificate, or NSC, is a trusted savings product offered by the Indian Post Office that is well-liked by investors as a low-risk investment alternative. ...

Sebi allows govt stake in IDBI Bank to be reclassified as public post sale BENGALURU (Reuters) – India’s market regulator has allowed the government’s shareholding in IDBI Bank to be reclassified as “public” after its stake sale on condition that its voting rights do not exceed 15%, the lender said on Thursday. The government, with ...

Best tax-saving FDs: 5 banks offering highest tax-saving FD interest rates [ad_1] Best tax-saving FDs: 5 banks offering highest tax-saving FD interest rates [ad_2]

Rupee gains 32 paise, closes at 82.50 against dollar on weaker greenback The rupee gained 32 paise to close at 82.50 (provisional) against the US dollar on Thursday, supported by a weaker greenback overseas. Forex traders said factors like strong Asian peers and crude oil prices trading below USD 80 per barrel also helped the ...

Income tax Benefits Budget 2023: Planning to buy electric car? What Budget 2023 can offer as income tax benefits [ad_1] With more than 13 lakh electric vehicles on the roads in India as of July 2022, the electric vehicle sector has been witnessing tremendous growth over the last few years. It would no longer be an exaggeration to say that ...

Bank offering best recurring deposit (RD) interest rates: SBI vs HDFC Bank vs PNB vs Yes Bank [ad_1] With a recurring deposit option, you can deposit a set amount of money each month and receive high interest. RDs can be opened in-person, online, or via mobile banking. The procedure of generating small monthly deposits under the recurring deposit plan enables ...

How to update Aadhaar address online without supporting documents [ad_1] How to update Aadhaar address online without supporting documents [ad_2]

We Founder Circle became India’s largest angel investor network in 2022 We Founder Circle (WFC), a founders’ led early-stage startup investment platform, have closed their second year with 71 startup investments in 53 unique start-ups to emerge as the largest Angel Network in India of the year 2022. The platform became one of the fastest-growing ...

Kotak Mahindra FD interest rates: Kotak Mahindra Bank increases FD interest rate by up to 50 bps on this tenure [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 4, 2023. The revised interest rates are applicable for ...