Keeping up with the trend of hiking interest rates, three banks (one private sector and two public sector banks) namely- ICICI Bank, Punjab National Bank and Bank of India, have hiked the marginal cost of funds lending based rate. The hike in MCLR is effective from November 1, 2022. Read on to know the details.
Digital Rupee pilot for wholesale segment: RBI has identified nine banks including State Bank of India, Bank of Baroda, Union Bank of India, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, YES Bank, IDFC First Bank and HSBC for the participation in the pilot launch of Digital Rupee-Wholesale segment.
Canara Bank has revised the fixed deposit interest rates from today i.e. October 31, 2022 onwards. As per the announcement made on the bank's website, the one year- FD will earn 6.25 per cent for general public and 6.75 per cent for senior citizens. Recently, big banks - SBI, HDFC Bank and ICICI Bank have also revised the interest rate on fixed deposits.
Announcing a special discount, offering attractive deals during a limited time window, providing freebies with purchases and luring buyers with lucky draws and large prizes are all tricks to make the spending decision less painful.
Hindus celebrate the auspicious Chhath Puja festival. People worship Lord Surya, the Sun God, also known as the God of energy and life force, throughout the four days of Chathh.
Get to play and win rewards, cashback and jackpots for all bill payments on CRED during the CRED paydays. Read to know more
Small retail investors would like to bet on global companies, too, but they are unable to do it when the share prices of these companies go beyond a point. MF is an option but it has a limit which was breached in February and fresh investment were stopped for some time. Unless there is a change in this cap, MFs may not be a very reliable source for future. Does fractional investment in international shares help?
A rundown of the four most important stories from ET Wealth this week.
Getting approvals for bad credit loans can overwhelm beginners. Here, you will learn of the 7 best same-day payday loans for bad credit online in 2022. You will also learn about their features, pros, cons, and what makes them unique.
A central government employee covered under the National Pension System (NPS), can choose between the benefits under NPS and those available under the old pension scheme by selecting the appropriate option in Form 1. All you need to know about this rule
Due to the fact that it was the second and fourth Saturday in October, banks were closed on October 8 and 22.
Interest rates on FDs vary depending on the lender. The top 5 banks currently offering the best interest rates on 3-year fixed deposit terms are shown below
How your Diwali gifts will be taxed
8 ways to prevent cyber frauds
KYC is a requirement for banks, insurance companies, and other financial institutions to validate potential customers' addresses and identities before completing transactions.
The State Bank of India (SBI) and Indian Bank launched special fixed deposit schemes that came with higher interest rates for a limited duration and will end soon.
As the word Hindu in HUF implies, it is connected with one being a Hindu. Only a Hindu can have an HUF. For this purpose, in addition to a Hindu those who are Jain, Buddhist, Sikh are also treated as Hindu for this purpose and therefore they can have their own HUF.
Looking for guaranteed approval loans with no credit check? Worry no more! We've reviewed the 10 best online lending companies that accept borrowers with bad credit
Jeevan Pramaan is a biometrically enabled Aadhaar-based Digital Life Certificate for retirees. The Jeevan Pramaan, or DLC, for each pensioner is created using their unique Aadhaar number and biometrics.
HDFC Bank has raised FD interest rates by up to 50 basis points, with the new rates taking effect on October 26, 2022. These rates apply to deposits of less than Rs.2 crore.
Digilocker: Open NPS account using driving licence
Know how to transfer Demat account to yourself after a loved one has passed away.
Many banks will also be closed on the account of Diwali. Banks will be closed for three days in a row in most of the states (Saturday, Sunday and Monday).
Most of Cyient’s business verticals are poised for growth in this fiscal year. The company has also won five large deals with a total contract potential of $105.2 million in the second quarter.
Gold is something that practically every Indian home owns. And with your gold, you can apply for a gold loan and acquire money for known expenses as well as unexpected commitments
Credit card usage in India has increased steadily in the past two decades.The number of credit cards issued by January 2022 has doubled to 7.02 crores from 2.98 crores in 2017. Many of us are blissfully unaware of the benefits or pitfalls of using it. Here we try to understand how one should use a credit card wisely.
The maximum fees that can be charged to residents for the services (update and other services) provided by Registrars/other Service Providers, as well as assistance to Registrars for Aadhaar Generation & Mandatory Biometric Updates (5/15 years), have been announced by the Unique Identification Authority of India (UIDAI).
A rundown of the five most important stories from ET Wealth this week.
The hike in FD interest rates ranges from 25 bps to 80 bps, as per the SBI website
The maximum amount that NPS may invest in Asset Class E (equity) assets under its Active Choice programme has been raised to 75% by the Pension Fund Regulatory Authority (PFRDA).
Here's our editor’s pick of the top five installment loans providers across the US that will help you find an ideal installment loan provider. Each with its own strengths and focus areas. You can also get an option to apply for installment loans online within a matter of minutes. Once approved, the lenders will try to pay out the funds as quickly as possible.
IDBI Bank has announced a festive promotion for "Amrit Mahotsav" deposits, offering a rate of 6.90% for 555 days beginning October 21, 2022.
The high price of gold was a deterrent for many small investors, especially in buying physical gold. However, digital gold has eased those concerns by allowing smaller investments. Know how these fractional investment options work and which one suits you the best.
Now a days, many people are prefering to buy diamond jewellery over simple gold jewellery. However, many people are unware how a jeweller calculates the price of diamond jewellery. This festive season before you go and buy diamond jewellery, know how pricing of diamond works and what you should check and take from jeweller.
In order to improve the "Ease of Living" for Central Government Pensioners, the government created the Bhavishya 9.0 portal in partnership with State Bank of India (SBI), according to a press release from PIB.
State Bank of India has modified the interest rates on savings accounts for sums more than Rs 10 crore. Here is a brief comparison of the interest rates offered on savings accounts by SBI, HDFC Bank, ICICI Bank, and PNB.
SBI vs HDFC Bank vs ICICI Bank: Which bank offers highest FD interest rate?
People with bad credit and fast approvals may consider these 5 best installment loans in 2022
In order to provide a Travel Now Pay Later (TNPL) payment option on its travel app, IRCTC Rail Connect, Indian Railways Catering and Tourism Corporation (IRCTC) has partnered with CASHe.
EDLI payments are being paid as a result of such Non-Contributory Period of Service (NCP) days.The EPFO has offered clarity on EDLI insurance claims.
PNB has increased the interest rate on fixed deposits (FD) for sums less than Rs 2 crore. The new interest rates are effective from October 19, 2022, according to the PNB website.
Gold prices have seen a significant correction from the peak seen in March this year and recovered somewhat since then. So, should you be worried about a further fall in prices or take advantage of the current reduced prices?
Moonlighting is an act of working at an extra job without primary employer’s consent. The work-from-home phase following the outbreak of Covid gave people more time at hand. As a result, demand for freelance work shot up in recent years. This video provides tips on how to moonlight and where to find well-paying side gigs.
According to a PFRDA press release, individuals can now open or update their National Pension Scheme (NPS) accounts using their driving licences produced in DigiLocker or update addresses.
Banks have been steadily raising interest rates on fixed deposits (FDs) since May 2022, making investors very happy.
Facts about income laddering
SafeGold, an online digital gold platform, have launched a service called Gains. Under this service, a customer having digital gold account with them can rent out the accumulated gold from their vaults to the jewellers that are available on the website. However, before you go ahead, one must understand the risks involved in the scheme.