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RBI prescribes norms for small finance banks looking to deal in Forex   The Reserve Bank on Monday said small finance banks which have completed two years of operations and have a minimum net worth of Rs 500 crore can deal in foreign exchange.   In a circular, the RBI said this is being permitted with the objective of giving ...

[ad_1] (This story originally appeared in on Aug 09, 2022) MUMBAI: , the country’s largest housing finance company, has increased its retail prime lending rate (PLR) on home loans by 25 basis points (100bps = 1 percentage point). This is the sixth rate hike by the corporation in two months. The lender has increased its benchmark rates by 140bps this ...

[ad_1] Kaizad Bharucha, executive director of HDFC Bank, emerged the highest earning banker for 2021-22 (FY22). This was revealed in a remuneration assessment of the country’s top bankers, according to annual reports. Bharucha, who oversees wholesale banking at HDFC Bank, received Rs 10.64 crore remuneration in FY22, mainly due to Rs 4.46 crore as performance bonus. Although ...

5 Crypto to watch out for in the next bitcoin bull run in 2022 After digital assets have corrected throughout 2022, users are waiting for the next bull run for crypto. Therefore, this guide will discuss the crypto bull run 2022 predictions and the best crypto to watch in the coming months. The top 5 cryptos to watch out for ...

Best cash advance loans online 2022: Top 3 online cash advance loans near me Unexpected bills or emergency expenses can be absolutely devastating in our current economy, as expenses seem intent on constantly rising. What is one meant to do when an emergency crops up? For many Americans, the answer is cash advance loans. Cash advance loans are easy and ...

Mswipe Technologies gets RBI approval for payment aggregator’s licence Mswipe Technologies has received in-principle approval from the Reserve Bank of India (RBI) for a payment aggregator (PA) licence, said the company that provides point of sales (PoS) solutions and helps businesses with digital payments.   A payment aggregator is a third party responsible for managing and processing merchants’ online transactions. ...

Profit of public sector banks rises 9% to Rs 15,306 cr in June qtr All the 12 public sector banks earned a cumulative profit of about Rs 15,306 crore, registering a 9.2 per cent growth annually, despite poor showing by large lenders like SBI and PNB.   During the April-June period of the previous fiscal, state-owned banks recorded a total ...

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When someone drinks wine regularly, they may begin to rely on the effects it produces, leading to excessive drinking and even alcohol dependence. The research followed 232 individuals across the U.S. between the ages of 21 to 35, corresponding to the period when most heavy drinking occurs in a person’s lifetime. Half of the study group met criteria for AUD ...

Loan Against Property Loan against property is a secured loan that financial institutions provide against fully constructed, freehold residential and commercial properties. A mortgage loan can be availed for Personal and Business Needs(other than for speculative purposes) like marriage, medical expenses and child’s education etc. Loan Against Property Features Loan against fully constructed, freehold residential and commercial properties for: Business ...