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UPI, PayNow tie-up: In payments, like geopolitics, India seeks a third way Last week, the Singaporean and Indian central banks unveiled a new system for cross-border cash transfers that, in New Delhi at least, was celebrated as something much more: the first step toward establishing an entirely new global payments system geared to the needs of the ...

ICICI hikes MLCR, Suryoday Small Finance Bank revises FD rates Private lender ICICI Bank has raised its marginal cost-based lending rates (MCRL) 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 MD & CEO Sashidhar Jagdishan is BS Banker of the Year 2022 Sashidhar Jagdishan, managing director (MD) and chief executive officer (CEO) of HDFC Bank, has been chosen as the Business Standard Banker of the Year 2022, as the lender continued its strong performance under his leadership while successfully navigating through technology-related challenges. ...

Taking a car loan? 5 things to know about 20/10/4 rule [ad_1] Taking a car loan? 5 things to know about 20/10/4 rule [ad_2]

Automatic v/s Manual: Here’s how gear operation affects car insurance premium [ad_1] One significant debate that most prospective car-buyers have before getting home the vehicle of their choice is on the transmission front. The confusion between getting a car with a manual transmission gear box that enables the driver to choose between different gear ratios or one with an automatic ...

Credit rated Indian banks can move over to IFRS 9: S&P Global Ratings Credit rated banks in India are well placed to transition to the expected credit loss approach under the International Financial Reporting Standard 9 (IFRS 9) which is more forward looking, said S&P Global Ratings. “We believe IFRS 9’s more forward-looking approach to ...

Want to buy your dream car this year? Follow this 20/10/4 rule while taking a car loan [ad_1] [ad_2]

These two banks offer FD interest rates up to 8.51%: Check details here [ad_1] Equitas Small Finance Bank and Suryoday Small Finance Bank revised interest rates for fixed deposits for amounts below Rs 2 crore. The hike in interest rates will be effective from March 1, 2023. Equitas Small Finance Bank FD ratesAfter the hike, FD customers will be able ...

Bank Of India Loan Interest Rates: PNB, Bank of India, Bandhan Bank hike loan interest rates: EMIs to increase further [ad_1] Punjab National Bank (PNB), Bank of India and Bandhan Bank have hiked the marginal cost of funds based lending rates (MCLR) on loans. The MCLR, or Marginal Cost of Fund-Based Lending Rate, is the lowest interest rate that a ...

Axis Bank-Citibank merger complete: What will happen to your Citi credit card, Citi debit card, savings, NRE account, home loan? [ad_1] Citibank’s consumer business in India will be transferred to Axis Bank, as of March 1, 2023. India’s third-largest private sector lender has completed the acquisition of the consumer businesses of Citibank India and its non-banking finance arm, Citicorp Finance ...