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new rbi rules: RBI’s new rules may increase your EMIs, make it difficult to get home loans for some [ad_1] The eligibility of borrowers for loans may decline, while banks and finance companies may be compelled to increase the Equated Monthly Installments (EMIs) for select home loans in response to rising interest rates, following the implementation of the Reserve Bank ...

Fitch affirms SBI's long term rating at 'BBB' on asset quality, loans Agency revises outlook for lender’s asset quality score from ‘stable’ to ‘positive’

take-home pay: Income tax department notifies rules for valuing rent-free accommodation provided by employers [ad_1] Employees drawing substantial salaries and having rent-free accommodation provided by their employers will now be able to save more and get a higher take-home salary as the income tax department has revised norms for valuing such houses. The Central Board of Direct Taxes (CBDT) has ...

Canara Bank launches UPI Interoperable Digital Rupee mobile app [ad_1] Canara Bank announced the launch of its UPI Interoperable Digital Rupee mobile application that allows users to pay with digital currency by scanning any merchant’s UPI QR code. This move is a part of the Reserve Bank of India’s Central Bank Digital Currency (CBDC) pilot project. “With the introduction of ...

Delhi HC orders release of seized old cars if owners meet set conditions [ad_1] (This story originally appeared in on Aug 23, 2023) NEW DELHI: Striking a balance between ownership rights and anti-pollution measures, the Delhi high court Tuesday ordered the release of “end of life” vehicles seized for scrapping under two conditions while imposing several riders. Hearing petitions by ...

Delhi: Five pending traffic challans may log you out! [ad_1] (This story originally appeared in on Aug 23, 2023) NEW DELHI: Beware, if you have allowed traffic challans to pile up without paying them, you might not be able to carry out crucial work related to your vehicle through the online Vahan portal. The transport department has decided that evaders ...

Fund pick: Kotak Small Cap Fund Fund pick of Kotak Small Cap Fund

Cost of treatment doubles in 5 years as medical inflation bites [ad_1] (This story originally appeared in on Aug 23, 2023) MUMBAI: The cost of treatment for common ailments that require hospitalisation has more than doubled in five years, data from insurance claims show. Health insurance claims for infectious diseases and respiratory disorders have been growing faster than medical inflation ...

Will banks start reducing fixed deposit (FD) interest rates from now? All eyes on RBI MPC announcements tomorrow [ad_1] Is the era of rising interest rates on fixed deposits (FDs) over; will rates start falling now? With another expected pause by the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) in August, it looks like the dream ...

You can talk to this bank’s officials 24X7 365 days over video call to resolve problems [ad_1] Jaipur headquartered AU Small Finance Bank (SFB), claims to be the first bank in India to offer 24X7 for 365 days video banking facility to all its customers. “This facility is available to the bank’s customers irrespective of the type of their banking ...