SBI FD Interest Rates: SBI to offer 6.1% interest rate on this FD tenure for 75 days [ad_1] State Bank of India () has introduced a new term deposit scheme dubbed “Utsav Deposit” in honour of the nation’s 76th Independence Day. This fixed deposit will offer 6.1 percent interest rate effective from August 15, 2022. This offer is valid for ...
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Freeze forex rate today to transfer money abroad and pay later service launched
Freeze forex rate today to transfer money abroad and pay later service launched [ad_1] BookMyForex.com, (a MakeMyTrip group company), has launched a 24-hour remittance service where customers can freeze the forex rate today to transfer money abroad and then pay later. Customers will be able to lock in the forex rates for up to 3 days under the “Book now, ...
Read More »Which bank offers highest FD interest rates: SBI vs HDFC Bank vs ICICI Bank
Which bank offers highest FD interest rates: SBI vs HDFC Bank vs ICICI Bank [ad_1] HDFC Bank According to the HDFC Bank website, effective June 17, 2022, 7 days to 29 days FD will now earn 2.75 percent, up from 2.50 percent. For tenor 30 days to 90 days, the bank will now offer 3.25 percent, up from 3 percent. ...
Read More »Bank of Baroda to offer 6.5% FD interest rates on this tenure for senior citizens
Bank of Baroda to offer 6.5% FD interest rates on this tenure for senior citizens [ad_1] Banks have launched special fixed deposit schemes to commemorate the 76th Independence Day. After the State Bank of India, Bank of Baroda has announced the introduction of the Baroda Tiranga Deposit Scheme, a unique term deposit product with higher interest rates. The interest rates ...
Read More »SBI to offer free doorstep banking services to these customers
SBI to offer free doorstep banking services to these customers [ad_1] Many banks offer doorstep banking services to their customers especially to senior citizens and disabled customers. The State Bank of India (SBI) has announced that it will now allow differently abled customers to avail doorstep banking services thrice in a month for free. According to the latest SBI tweet, ...
Read More »Bank Holiday Today: Is it a bank holiday today?
Bank Holiday Today: Is it a bank holiday today? [ad_1] Banks in some cities in Maharashtra are closed due to Parsi New Year (Shahenshahi). While banks in other states are open today, except for in Maharashtra where banks are closed today due to Parsi New Year. As per the Reserve Bank of India’s (RBI) calendar list all banks are closed ...
Read More »SBI hikes these loan interest rates by 20 bps: Check new rates
SBI hikes these loan interest rates by 20 bps: Check new rates [ad_1] State Bank of India has raised its marginal cost of lending rate (MCLR) on loans by 20 basis points. The higher MCLR is effective from August 15, 2022. (One basis point is equivalent to a hundredth of a percentage point.) Loans linked to an external benchmark (EBLR) ...
Read More »Dollar firm vs Aussie, euro, Chinese yuan on heightened recession worries
Dollar firm vs Aussie, euro, Chinese yuan on heightened recession worries By Kevin Buckland SINGAPORE/TOKYO/HONG KONG (Reuters) -The safe-haven U.S. dollar hovered near a one-week high on Tuesday while the Aussie, euro and Chinese yuan remained under pressure as weak global economic data regnited recession fears. The dollar index, which measures the greenback against six major ...
Read More »What is a letter of comfort?
What is a letter of comfort? . In April this year, the Union finance ministry had barred ministries and departments from issuing letter of comfort. The idea was to usher in transparency. And now, the Reserve Bank of India has disallowed such quasi bank guarantee instrument provided by a corporate. So what is this document? . A letter of comfort ...
Read More »Mutual Fund: Mid-cap mutual fund have earned 8.3% in last one month: Should you bet on mid-caps now?
Mutual Fund: Mid-cap mutual fund have earned 8.3% in last one month: Should you bet on mid-caps now? [ad_1] Mid-cap stocks have started buzzing again after nearly a year of tepid returns. Equity funds riding on midcaps have taken off, fetching 8.3% over the past one month—behind only sectoral funds, Value Research data shows. Are mid-caps really poised for a ...
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