Funds: Tap crowdfunding to raise funds for a cause: How to start a fundraiser [ad_1] For almost a decade, 25-year-old Kanishka Pandey had seen his father, Hem Chandra, battle a serious liver condition. But early in 2022, when his situation worsened to cirrhosis, the only hope for survival was a liver transplant. Kanishka was an eligible donor, but the family ...
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Care Ratings upgrades Hinduja Leyland Finance’s long-term debt to AA
Care Ratings upgrades Hinduja Leyland Finance’s long-term debt to AA Hinduja Leyland Finance (HLF), a non-banking financier and subsidiary of commercial vehicle maker Ashok Leyland, announced on Monday that its credit ratings have been revised by CARE Ratings. The agency upgraded HLF’s long-term rating to “CARE AA (Double A), Stable.” This rating embraces long-term bank ...
Read More »PNB FD interest rates: PNB hikes savings account, FD interest rates
PNB FD interest rates: PNB hikes savings account, FD interest rates [ad_1] Punjab National Bank hikes savings account and fixed deposit interest rates on certain tenures for amounts below Rs 2 crore. The new rates are applicable from January 1, 2023, according to the PNB website. The bank had previously hiked FD interest rates on December 20, 2022. PNB savings ...
Read More »State-owned Indian Bank hikes lending rates by up to 25 basis points
State-owned Indian Bank hikes lending rates by up to 25 basis points State-owned Indian Bank on Monday increased lending rates, including the marginal cost of funds-based lending rates (MCLR), by up to 25 basis points. The new rates are effective from January 3, Indian Bank said in a regulatory filing. The Asset Liability Management ...
Read More »Senior Citizen Savings Scheme interest rate hiked to 8%; eligibility, features, tax benefits
Senior Citizen Savings Scheme interest rate hiked to 8%; eligibility, features, tax benefits [ad_1] [ad_2]
Read More »SBI, ICICI Bank, HDFC Bank remain systemically important banks: RBI
SBI, ICICI Bank, HDFC Bank remain systemically important banks: RBI The RBI on Monday said state-owned SBI, along with private sector lenders ICICI Bank and HDFC Bank continue to be Domestic Systemically Important Banks (D-SIBs) or institutions which are ‘too big to fail’. SIBs are perceived as banks that are ‘too big to fail (TBTF)’. ...
Read More »Earn up to 9.36% interest rate on this NBFC’s FDs
Earn up to 9.36% interest rate on this NBFC’s FDs [ad_1] Shriram Finance (SFL) has hiked fixed deposit interest rates across different tenures. The new rates on FDs are effective from January 1, 2023. Increase in interest rate On Shriram Unnati Deposits rates are hiked by 5 to 30 basis points(0.05% p.a. to 0.30% p.a.) across different tenures. Customers can ...
Read More »Was PPF interest rate hiked for the January-March 2023 quarter?
Was PPF interest rate hiked for the January-March 2023 quarter? [ad_1] One of the most preferred long-term savings and investment programmes is the PPF account, often known as the Public Provident Fund scheme, this is primarily because it combines safety, returns, and tax benefits. For the January-March 2023 quarter, the government increased the interest rates on a few small savings ...
Read More »Canara Bank plans to raise funds through sale of certificates of deposit
Canara Bank plans to raise funds through sale of certificates of deposit MUMBAI (Reuters) – India’s Canara Bank plans to raise funds through the sale of certificates of deposit maturing in three months, three merchant bankers said on Monday. The state-run lender will offer a yield of 6.92% on the issue, for which it has ...
Read More »Latest PPF, Senior Citizen Savings Scheme, POTD, other small savings schemes interest rates| EconomicTimes
Latest PPF, Senior Citizen Savings Scheme, POTD, other small savings schemes interest rates| EconomicTimes [ad_1] Latest interest rate hike The government has hiked the interest rates of a few small savings schemes by between 20 bps and 110 bps for the January-March 2023 quarter. The interest rates of schemes like the Senior Citizen Savings Scheme, Monthly Income Savings Scheme, National ...
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