Rbi Gives Hdfc Bank Leeway In Loan Norms For Smooth Merger [ad_1] (This story originally appeared in on Apr 22, 2023) MUMBAI: The RBI has paved the way for the country’s largest banking merger by allowing some regulatory relief to HDFC and HDFC Bank. The main impact for HDFC customers is that home loans will have to be linked to ...
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Merger with HDFC: A mixed bag for HDFC Bank from RBI on forbearance requests
Merger with HDFC: A mixed bag for HDFC Bank from RBI on forbearance requests [ad_1] In a mixed bag for HDFC Bank ahead of the parent HDFC’s merger with itself, the Reserve Bank of India has declined to make exceptions on certain aspects, and has offered some leeway on others. The country’s largest private sector lender, which is aiming to ...
Read More »pan aadhaar linking last date: Will PAN-Aadhaar linking last date get extended?
pan aadhaar linking last date: Will PAN-Aadhaar linking last date get extended? [ad_1] The PAN-Aadhaar linking deadline has been repeatedly extended by the Central Board of Direct Taxes (CBDT). Those who have not yet linked the two ID proofs can still do so before March 31, 2023 (by paying a penalty amount); otherwise, their PAN will become inoperative as of ...
Read More »Premature redemption: SGB Premature redemption: RBI notifies price for premature redemption of SGB 2016-II and 2016-17-Series II
Premature redemption: SGB Premature redemption: RBI notifies price for premature redemption of SGB 2016-II and 2016-17-Series II [ad_1] The Reserve Bank of India has released the price for early/premature redemption of the Sovereign Gold Bond Scheme (SGB 2016-II and 2016-17-Series II) due on March 29, 2023. What is SGB?SGBs are government securities denominated in grams of gold. They serve as ...
Read More »EPF interest rate: Crucial EPFO board meeting begins today; EPF interest rate for FY2022-23 likely to be announced by tomorrow
EPF interest rate: Crucial EPFO board meeting begins today; EPF interest rate for FY2022-23 likely to be announced by tomorrow [ad_1] In order to determine the EPF interest rate on the retirement corpus for 2022–2023, the Central Board of Trustees of the EPFO is conducting a vital two-day meeting beginning on Monday in the national capital, according to a Times ...
Read More »Mutual Fund Nomination Deadline Extension: Mutual fund nomination deadline of March 31 extended; check details
Mutual Fund Nomination Deadline Extension: Mutual fund nomination deadline of March 31 extended; check details [ad_1] The last date for mutual funds investors to specify nominee details has been extended to September 30, 2023. Earlier the deadline was March 31, 2023. Through a circular on March 28, 2023, the Securities and Exchange Board of India (Sebi) said, “Based on representations ...
Read More »SBI Server Outage: SBI server down: Customers complain about issues regarding net banking, UPI on Twitter
SBI Server Outage: SBI server down: Customers complain about issues regarding net banking, UPI on Twitter [ad_1] Many State Bank of India (SBI) customers were facing issues with net banking and UPI in some cases on April 3, 2023. The SBI users have complained regarding the bank server’s slow response on microblogging site, Twitter. The server is down or non-responsive ...
Read More »SBI outage: SBI server down: Why State Bank of India net banking, UPI were down yesterday, bank clarifies
SBI outage: SBI server down: Why State Bank of India net banking, UPI were down yesterday, bank clarifies [ad_1] The country’s largest lender State Bank of India (SBI) digital services were down on April 3, 2023, and many SBI customers vented their complaints on Twitter. Services like net banking, UPI payments, and the official SBI app (YONO) were not working ...
Read More »Cibil Report Delay Compensation: Borrowers to get compensation for delay in correction of credit report by credit information companies
Cibil Report Delay Compensation: Borrowers to get compensation for delay in correction of credit report by credit information companies [ad_1] Borrower will soon get compensation against the deficiency in service of credit information companies (CICs). The RBI has proposed to improve the grievance redressal mechanism for borrowers. The proposal is to set up a compensation mechanism for customers for delay ...
Read More »post office scheme: Higher interest rates see money flowing to post office schemes
post office scheme: Higher interest rates see money flowing to post office schemes [ad_1] Financial planners believe April is likely to see money flow into fixed-income postal savings plans after the government announced higher rates on several postal products for the April to June 2022 quarter. Those increases coincide with the federal move to remove indexation benefits on debt mutual ...
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