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HDFC Bank increases MCLR on loans by up to 10 basis points

HDFC Bank increases MCLR on loans by up to 10 basis points   Private sector lender HDFC Bank has increased its marginal cost of funds-based lending rate (MCLR) on loans across all tenures by up to 10 basis points (100 basis points = 1%). The new loan rates will be effective from August 8, 2022. As a result, borrowers will ...

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FAQs answered on sending money abroad

[ad_1] Which documents are needed? You will have to submit the PAN, identity and address proofs, and A2 cum LRS declaration form. Depending on the purpose of remittance, you may also have to provide specific documents, such as passport, visa, ticket, invoices from travel agency, or as specified by the bank or transferring agency. If you are sending money to ...

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Central govt holidays in August 2022

Central govt holidays in August 2022 The state’s central offices will be closed on August 9, 2022, in observance of Muharram, as per the Central Government’s Department of Personnel and Training order on holidays 2022. According to a Press Information Bureau press release dated August 5, 2022, “The central government offices in the state will be closed on August 9, ...

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Top 5 crypto crash coins to invest in 2022

[ad_1] A potential strategy for investors during a bear market is to ‘buy the dip’. In 2022, cryptocurrencies have crashed by 60%, after the highs set towards the end of 2021. Therefore, we will look to review the best crypto to buy in the crash. Spotlight Wire The top 5 best crypto crash coins to invest in 2022 The table ...

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How to use MF systematic transfer plan

[ad_1] Hopping schemes Allocation to asset classes depends upon life stage, goals and risk appetite. Mutual funds allow an increase in allocation to an asset class using the systematic transfer plan (STP). This way, investors can transfer investments from one scheme to another. (Content courtesy CIEL, ET Contributors) [ad_2]

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