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With UPI-PayNow linkage Modi government makes a grab at the India outside India [ad_1] Whenever Prime Minister Narendra Modi visits a foreign country, especially a developed one, his signature move is to galvanise the non-resident Indians (NRIs) there. Modi has turned the NRI soft power into a significant diplomatic chip for India. But now his government also eyes the hard ...

ICICI hikes MCLR, Suryoday Small Finance Bank revises FD rates Private lender ICICI Bank has raised its marginal cost-based lending rates (MCLR) by ten basis points across tenures, effective from March 1. Overnight and one-month MCLR rates are now at 8.50 per cent, while the MCLR for three months is at 8.55 per cent, ICICI ...

HDFC Bank, Lulu Exchange ink deal to enhance cross-border payments between India-Gulf region [ad_1] HDFC Bank, a major private sector bank, and UAE-based Lulu Exchange have signed an MoU to strengthen cross-border payments between India and the Gulf Cooperation Council (GCC) region. In the first phase of the partnership, Lulu Exchange’s expertise and regulatory framework would be utilised to launch ...

State Bank of India completes first commercial trade in Sri Lankan rupees COLOMBO (Reuters) – Indian lender State Bank of India on Thursday said it completed its first non-dollar transaction with Sri Lanka, by paying for exports in Sri Lankan rupees as India looks to bring countries that are short of U.S. dollars into the trade mechanism. ...

Come out with insurance products for persons with disabilities, mental illness: Irdai to insurers [ad_1] Regulator Irdai has asked general and standalone health insurers to offer a specific cover for Persons with Disabilities (PWD), persons afflicted with HIV/AIDS, and those with mental illness. In a circular, the Insurance Regulatory and Development Authority of India (Irdai) asked the insurers to determine ...

EPS membership Status: How to check EPS membership status to get higher pension [ad_1] Date of joining If DOJ is before September 1, 2014, then individual is eligible to apply for the higher pension. If the individual has moved to another organisation after this date, they will still be eligible to opt for the higher pension as long as the ...

PM Kisan Beneficiary Name Change: How PM Kisan beneficiary can change name as per Aadhaar [ad_1] The launch of Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) has benefitted many farmers as it provides financial assistance to all landholding farmer families in the nation who have cultivable land. PM Kisan benefitsEvery four months, from April to July, August to November, and December ...

SBI Sarvottam Term Deposits: Earn up to 7.9% FD interest rate [ad_1] State Bank of India has introduced a new deposit scheme for resident individuals and non- individual customers dubbed as SBI ‘Sarvottam’ (Non-Callable) Term Deposits for deposits above Rs 15 lakh. This deposit plan offers a higher rate of interest, without premature withdrawal facility, according to the SBI website. ...

HDFC Senior Citizens Interest Rate: HDFC offers up to 8% interest rate for senior citizens under this deposit scheme [ad_1] HDFC, a mortgage lender, is offering up to 8% interest rate for senior citizens on a deposit scheme dubbed as Diamond Deposits. This rate is effective from March 1, 2023 and for amounts below Rs 2 crore, as per the ...

Rupee falls 11 paise to 82.60 against US dollar, oil advances 0.04% The rupee depreciated 11 paise to 82.60 against the US dollar in early trade on Thursday, weighed down by strength of the American currency in the overseas market. Sustained foreign fund outflows further dented investor sentiments, according to forex traders. At the ...