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After initial losses, rupee settles flat at 82.54 against US dollar The rupee pared initial losses and settled on a flat note at 82.54 (provisional) against the US dollar on Thursday, supported by a rebound in domestic equities. At the interbank foreign exchange market, the local unit opened at 82.59 against the American currency and ...

SBI likely to sell Rs 10,000 crore of AT-1 bonds around February 20 State Bank of India, the country’s largest lender, is in talks to raise up to Rs 10,000 crore worth of capital through the sale of additional tier-1 (AT-1) bonds around February 20, sources said. The bonds, which are likely to receive a ...

Who is eligible and who is not eligible to apply for higher pension from EPS? [ad_1] Now that the Supreme Court has given an opportunity to employees to opt for higher pension from the Employees’ Pension Scheme (EPS), it is important to understand whether you are eligible or not. The Supreme Court in its judgment dated November 4, 2022, has ...

Rupee eyes RBI policy decision, weighs US Federal Reserve’s comments By Nimesh Vora MUMBAI (Reuters) – The Indian rupee is likely to open little changed to the U.S. dollar on Wednesday, with traders weighing comments from Federal Reserve Chair Jerome Powell and awaiting the Reserve Bank of India’s policy decision. The non-deliverable forwards indicate ...

8.35% FD interest rate: Senior citizens can get highest fixed deposit rate on this tenure [ad_1] 8.35% FD interest rate: Senior citizens can get highest fixed deposit rate on this tenure [ad_2]

RBI Monetary Policy: Repo rate up by 25 bps, FY23 inflation pegged at 6.5% On Wednesday, the Reserve Bank of India (RBI) governor Shaktikanta Das announced a repo rate hike of 25 basis points (bps), taking the key benchmark interest rate to 6.5 per cent. The MPC’s decision was split 4-2. This is the first rate hike ...

DigiLocker FAQs: Can you make change to account details, what type of files can be uploaded, can NRIs use [ad_1] Union Finance Minister Nirmala Sitharaman announced during her Budget 2023 speech that DigiLocker, a cloud-based platform for issuance and verification of documents & certificates in a digital way, will now support additional documents and will also be utilised for storing ...

RBI to hike rates again on sticky inflation, Fed pressure, say analysts By Dharamraj Dhutia and Nimesh Vora MUMBAI (Reuters) – The Reserve Bank of India is likely to raise interest rates once again in April as inflation pressures persist and the Federal Reserve continues to tighten, analysts said on Thursday, a day after the ...

These two banks revise home loan interest rates after the RBI repo rate hike [ad_1] After the Reserve Bank of India (RBI) announced a repo rate increase of 25 basis points, a number of banks have revised their benchmark lending rates, these include RBL Bank and Bank of India. As a result of the hike, loan borrowers who take up ...

Rupee falls 12 paise to 82.66 against dollar due to muted trend in equities The rupee depreciated 12 paise to 82.66 against the US dollar in early trade on Thursday, weighed down by sustained foreign fund outflows and a muted trend in domestic equities. Firm crude oil prices and a strong American currency further dented ...