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Senior citizens can invest extra Rs 15 lakh in SCSS from April 1, 2023 but PMVVY to close from same date [ad_1] While the government has hiked the investment limit under the Senior Citizen Saving Scheme (SCSS) by Rs 15 lakh to Rs 30 lakh, it is to be noted that the other scheme for retirees — Pradhan Mantri Vaya ...

This bank offers 8.8% FD interest rate to senior citizens, 8.10% to other investors [ad_1] Jana Small Finance Bank has revised its interest rates on fixed deposits, with effect from February 1, 2023 and on FD Plus (without premature facility), effective February 6, 2023. After the revision, the small finance bank (SFB) offers highest interest rate of 8.10% for citizens ...

With vote split, RBI’s MPC might hike repo rate by 25 bps: Experts Will there be a convergence or divergence among the members of the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) on the 25 basis points (bps) policy rate hike, experts debate. However, the experts believe that the MPC may hike the ...

How to update UAN and EPF KYC details Online [ad_1] UAN stands for Universal Account Number is a 12-digit number given to each EPFO member. This number, which acts as a pivot, connects many Member Identification Numbers (Member Ids) assigned to a single member. Here are few important FAQs on UAN KYC, release by EPFO. 1. What is KYC? Know ...

Indian shares end lower in volatile session ahead of RBI’s rate decision BENGALURU (Reuters) -Indian shares struggled for direction on Tuesday before closing lower, as markets see-sawed between optimism that the Reserve Bank of India will pause rate hikes after Wednesday, and worries that the Fed was likely to keep upping rates for longer. The ...

Timeline to get NPS partial withdrawal money reduced to 2 days after authorisation [ad_1] The Pension Fund Regulatory and Development Authority (PFRDA) announced the addition of more services in the bouquet under T+2 timelines. Now, the processing time for partial withdrawal requests has also been decreased to T+2 across all CRAs, according to a PFRDA circular issued on February 7, ...

Bank credit profiles not at much risk from Adani exposure, says Fitch Indian banks’ exposure to the Adani Group is not that large to present substantial risk to their standalone credit profiles, said rating agency Fitch on Tuesday. “We believe loans to all Adani group entities generally account for 0.8%-1.2% of total lending for Fitch-rated ...

How to open SBI FD through internet banking [ad_1] How to open SBI FD through internet banking [ad_2]

Consulting & services sector urge Centre to re-look at GST regime The consulting and services sector has urged the Centre to re-look at the Goods and Services Tax (GST) collection regime. “At present, the service sector and consultants pay their taxes as conscientious professionals and firms and feel utterly frustrated as GST has to be ...

HDFC Bank raises loan interest rates; EMIs to rise further [ad_1] Private sector lender HDFC Bank has hiked its marginal cost of funds-based lending rates (MCLR). The new loan interest rates are effective from February 7, 2022, as per the bank’s website. HDFC Bank has hiked MCLR by up to 10 basis points (bps). According to the bank website, the ...