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Axis Bank looks to buy near 10% stake in Go Digit Life Insurance Indian private lender Axis Bank Ltd said on Tuesday it has signed a non-binding term sheet to invest Rs 49.9-Rs 69.9 crore for a 9.94% stake in Go Digit Life Insurance. The development underscores private lenders’ growing interest in India’s lucrative and largely untapped ...

EPF Account: Transferring EPF account? How to download Annexure K [ad_1] What is Annexure K? Annexure K is a EPF document which mentions the member details, his PF accumulations with interest, service history, Date of joining, and Date of exit and employment details including past and present MID. This document is required by the Field Office/Trust to effect a transfer ...

In-use credit cards drop 2.3 million in August over new RBI norms The outstanding credit card base dropped to 77.99 million in August from over 80 million in July, mainly on account of the new norms of the Reserve Bank of India (RBI) that warrant the deactivation of cards that are inactive for a year. While there was a 2.8 ...

NPS Rules | Credit Card Rules: New credit card, demat, NPS, APY rules: 5 money changes that will come into effect from October [ad_1] Many new rules will come into effect from October 2022. These include RBI new rules related to credit cards, who can no longer invest in Atal Pension Yojana, demat account KYC rules and more. Here are ...

What is UPI Lite, who can use, what is the maximum transaction limit [ad_1] [ad_2]

‘India has fairly large forex reserve to deal with current situation’ Economic affairs secretary Ajay Seth on Tuesday dismissed the concerns over depletion of forex reserve as “overblown” and said India has fairly large reserve to tide over the current situation. Foreign exchange reserves were down for a seventh continuous week, dropping to USD 545.65 billion on ...

Travel Now Pay Later: Are travel now, pay later schemes worth every penny [ad_1] Credit size The credit size being offered differs as well, with most offering a range that depends on your income, credit score and repayment ability. So, ZestMoney, which is available on travel platforms like MakeMyTrip, Yatra, EaseMyTrip, etc, has an upper credit limit of Rs.2 lakh, ...

Rupee inches up, likely delay in bond index inclusion caps gains The Indian rupee snapped a four-day losing streak on Tuesday as the dollar eased and oil prices tumbled, but a report stating local bonds may not be considered for listing on a major global index this year capped gains. The partially convertible rupee ended up just ...

How to pick the right credit card [ad_1] [ad_2]

3 new credit card rules will come into effect on October 1: How it will impact card holders [ad_1] In April 2022, the Reserve Bank of India (RBI) issued new criteria for credit and debit card issuance. These new rules include new restrictions addressing credit card cancellation, billing, etc. Some of the rules of the RBI (Credit Card and Debit ...