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SBI lines up NPAs over Rs 746 cr including Sintex BAPL for sale in Oct-Nov The State Bank of India (SBI) has lined up various non-performing assets up for sale this month and the next, including the fraud account of Sintex BAPL, to recover over Rs 746 crore. In an auction scheduled for November 4, SBI will ...

Bandhan Bank loans, deposits rise over 20% to Rs 99,374 cr in Q2FY23 Bandhan Bank on Saturday reported a 22 per cent jump in loans and advances at Rs 99,374 crore at end of September quarter 2022. The Bank’s loans and advances were Rs 81,661 crore in the year-ago period. Total deposits of the private sector ...

Sukanya Samriddhi interest rate: What is the latest Sukanya Samriddhi interest rate? [ad_1] Although the government raised the interest rates for several small savings plans, the Sukanya Samriddhi yojana interest rate remained unchanged. SSY will continue to offer 7.6% on accounts for this quarter from October-December 2022. According to a circular issued by the Finance Ministry on September 29, the ...

fd returns: Senior citizens can earn inflation-beating returns with these 3-, 5-year bank FDs [ad_1] Banks have been increasing fixed deposit (FD) interest rates since May 2022. And with the Reserve Bank of India (RBI) raising the repo rate by 0.5% to 5.9% in its latest monetary policy meeting, banks are expected to hike FD interest rates further. The main ...

life certificate: These senior citizens need not submit life certificate during November 2022 [ad_1] The deadline for submitting the annual life certificate (or Jeevan Pramaan Patra) for government pensioners is November 30, 2022. However, the last date to submit the life certificate is different for private-sector employees receiving pension from the Employees’ Provident Fund Organisation (EPFO) under the Employees’ Pension ...

stock market correction: 4 must-reads of ET Wealth: What not to do in a market correction, 8 infra stocks to bet on & more [ad_1] Here is a curated list of the best ET Wealth stories of the week. We take a look at what investors should do during a stock market correction, why it is time to bet on ...

SCSS interest rate: Senior Citizen Saving Scheme interest rate hiked for Oct-Dec quarter: What is the latest SCSS rate [ad_1] The government has raised the interest rates of some small savings schemes for the third quarter (October-December) of the current financial year. The interest rates of these post office schemes have been increased by up to 30 basis points for ...

YES Bank now on a hunt to buy stressed assets from other lenders YES Bank, which almost collapsed two years ago from bad loans, is now on a hunt to buy stressed assets from other lenders. A new partnership with US private-equity firm JC Flowers & Co. LLC allows it to buy soured loans of other banks, ...

Forex reserves decline to over two-year low to $532.66 bn: RBI data MUMBAI (Reuters) – India’s foreign exchange reserves fell to $532.66 billion in the week through Sept. 30, their lowest level since July 2020, the Reserve Bank of India’s (RBI) weekly statistical supplement showed on Friday. The country’s reserves declined for a ninth consecutive week. They ...

LIC, Centre to sell 60.7% stake in IDBI Bank, invite initial bids The finance ministry on Friday invited initial bids for strategic disinvestment in the IDBI Bank with an aim to jointly sell 60.7 per cent in the bank along with the Life Insurance Corporation (LIC) of India. According to the expression of interest (EoI) released by ...