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SBI’s personal banking advances excluding home loans cross Rs 5 trn mark SBI on Monday announced that its personal banking advances excluding high value home loans have crossed the Rs 5 lakh-crore mark. The largest lender in the country took a year to book the last Rs 1 lakh crore of advances, as against over 15 months ...

The only way to make the right choices when you save, invest and insure yourself [ad_1] Sometimes, even the most routine questions about investing come alive when wrapped up in an investor’s personal circumstances. That’s the main reason why I really enjoy doing live Q&As. It may be a question that, when written in a bland textual form will have ...

South Indian Bank’s move on tier-2 bond won’t disrupt sector: Fitch South Indian Bank’s recent decision to not redeem its tier-2 bonds before maturity is unlikely to have significant long-term market implications for the banking sector, Fitch Ratings said on Monday. “We believe the action is bank-specific and not necessarily representative of the broader market, given the ...

Money decisions are easy or complex depending on how we view objects and what we value [ad_1] The rental home we had booked was unavailable. The owner had doublebooked by mistake. We stood in her studio filled with too many artefacts, two young children in tow, worried we may accidentally topple something and pay for it. We were all tired ...

Digital payments in India touch Rs 38.3 trn at over 23 bn transactions The Unified Payments Interface (UPI), debit and credit cards, prepaid payment instruments like mobile wallets, and prepaid cards logged 23.06 billion transactions amounting Rs 38.3 lakh crore in the third quarter this year, a new report showed on Monday. At the top, the UPI ...

You will soon have access to paperless home loans [ad_1] (This story originally appeared in on Dec 05, 2022) MUMBAI: A recent notification by the ministry of electronics & information technology (MeitY) has made it possible to digitise several new types of contracts like mortgages and other property documents that will give a major push to the digitisation of home ...

RBI’s MPC starts deliberations amid expectations of moderate rate hike The Reserve Bank’s rate-setting panel on Monday started brainstorming for the next round of monetary policy amid expectations of a moderate interest rate hike of 25-35 basis points as inflation has started showing signs of easing and economic growth tapering. The RBI has hiked key benchmark lending ...

Govt warns pensioners about fake Jeevan Pramaan website [ad_1] Jeevan Pramaan is a digital life certificate for pensioners that is biometrically enabled and based on Aadhaar. Every year in November, pensioners have to submit a life certificate to receive pension on time. Taking advantage of the same, many websites are conning pensioners by asking them to pay Rs 150 in ...

Canara Bank hikes daily debit card transaction limit for ATM withdrawals, POS, online transactions [ad_1] Canara Bank has announced a revision in its daily debit card transaction limit for ATM cash withdrawals, Point of Sale (POS) and e-commerce transactions for its customers with immediate effect, according to information on its official website. The daily ATM cash withdrawal cap for Classic ...

SBI personal banking loan book up Rs-5 trn mark, helped by digital push State Bank of India’s portfolio of personal loans crossed the Rs 5-trillion mark at the end of November 30 this year, said the country’s largest lender on Monday. The bank gave loans worth Rs 1 trillion in 12 months in the portfolio that includes ...