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LIC Housing Finance hikes prime lending rate by 50 basis point to 8% LIC Housing Finance increased its Prime Lending Rate by 50 basis points on Monday. With this the new interest rates on home loans will now start from 8 per cent as against 7.50 per cent earlier. The new rates will be effective from Monday. ...

Recession: 10 rules to survive recession in economy [ad_1] Don’t speculate This is not the time to speculate on the dollar, oil or gold or real estate. During a recession, businesses do not make capital investment decisions. Nor should you. Be aware that many assets are inflated in value when demand is high and interest rates are low and will ...

State funds to popularise digital payment appropriated by banks: PCI chief Payment aggregators popularised the Unified Payments Interface (UPI) but they have hardly earned any money from it, said an industry representative on Monday in response to a finance ministry statement that the government has no plans to “levy any charges” for the service. “The concerns of ...

Bandhan Bank FD Interest Rates: Bandhan Bank raises FD and savings account interest rates [ad_1] Bandhan Bank has hiked its fixed deposit and savings account interest rates. The new interest rates are applicable from August 22, 2022. hiked its fixed deposit interest rates by up to 75 basis points (bps) across various tenures on amounts below Rs 2 crore. The ...

Rupee at fair value despite balance of payment problems: JPMorgan analyst The Indian rupee’s fair value is around 80 against the U.S. dollar, given the country’s balance of payment challenges and the Reserve Bank of India’s interventions, JPMorgan’s head of emerging Asia local markets strategy said. India’s balance of payments, a measure of how much the country ...

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Top 10 same day payday loans for cash advance with instant and guaranteed approval [ad_1] Are you looking for a same day payday loan? If yes, then you should consider these top ten same day payday loans. These loans are designed to provide cash advance services to those who are facing financial emergencies. They offer quick approval and instant funds. ...

Sovereign Gold Bonds opens for subscription on August 22: What is the issue price of SGB? [ad_1] The second tranche of the Sovereign Gold Bonds (SGB) subscription opened on August 22 and will close on August 26, 2022. The RBI issues SGBs on behalf of the government of India at a set issue price. Who can invest in SGB? The ...

RBI likely to set 7.23% cutoff yield on new 10-year bond: Reuters poll The Reserve Bank of India will likely set a cutoff yield of 7.23 per cent on 130 billion rupees ($1.63 billion) of the new 10-year bond being auctioned on Friday, according to the median estimates in a Reuters poll of 11 traders. India’s federal ...

Problems of small businesses – The Economic Times [ad_1] It is not easy to be a small businessman, wrote one of my readers. Much as he tries to get his personal finances in order, he finds himself failing. We decided to discuss, over several weeks, many aspects of his financial position. A small business is simply an understanding of an ...