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High interest rates do not deter home buyers, says BoB research report High interest rates does not impact the demand for housing as individual home buyers are aware that it may move up and down during the tenure of their loan, said a research report by Bank of Baroda. The borrowing rates are on the rise since ...

Bandhan Bank to open 551 branches in FY’23: MD Chandra Sekhar Ghosh Bandhan Bank will open 551 more branches in the 2022-23 fiscal, as a part of the lender’s focus to make its distribution stronger in other parts of India outside the eastern region, MD & CEO Chandra Sekhar Ghosh said. With the latest addition, the Kolkata-headquartered ...

Irdai eases firm registration process from 8 to 2 months: Chairman The registration process of new companies has been eased by substantially reducing the time taken to process new applications from 6-8 months to two, Debasish Panda, chairman, Insurance Regulatory and Development Authority of India (Irdai) said on Wednesday. The regulator has created a facilitation cell consisting ...

Banking sector at enormous risk of asset-liability mismatch: Pronab Sen India’s banking sector is faced with the predicament of a “massive asset-liability mismatch” that could explode anytime, renowned economist Pronab Sen said, adding that there is a need to reassess laws governing the industry. Sen said “that explosion” has not yet happened as most of the banks ...

Intern EPF Account: When can intern, trainee, apprentice get EPF account with employer? [ad_1] When a trainee or an intern joins a company for training or internship, he/she is usually paid some stipend. One of the questions that arises in this context is whether employee provident fund (EPF) contributions should be deducted from this stipend. Usually, if the company is ...

RBI lifts restrictions on American Express onboarding new customers RBI had on April 23, 2021, imposed restrictions on American Express Banking Corp from onboarding new domestic customers onto its card network from May 1, 2021 for non-compliance

6 mantras to look at retirement from a new prism [ad_1] [ad_2]

FAQs answered on money withdrawal from NPS [ad_1] [ad_2]

IDBI Bank launches special FD with interest rate of up to 6.7% [ad_1] Following other banks such as , , and , now IDBI Bank has launched a special fixed deposit scheme called “Amrit Mahotsav FD” with a 500-day maturity period with limited period offer. The new scheme comes with an interest rate of up to 6.70 percent. According to ...

Know what separates index funds from ETFs [ad_1] Know what separates index funds from ETFs [ad_2]