from Banking/Finance-Industry-Economic Times https://ift.tt/GfpYg5u
Friday, March 4, 2022
How to open SBI tax-saving FD scheme online to save tax
Interest rates on SBI FDs maturing between 5 and 10 years will be 5.5 percent for general customers and 6.3 percent for senior citizens.from Tax-Wealth-Economic Times https://ift.tt/mOw9iKC
Thursday, March 3, 2022
Carlyle plans to acquire 10% in Yes Bank for $500-600 million
Advent International also likely to pick up a similar stake int he bank; both PEs looking at board seat.from Banking/Finance-Industry-Economic Times https://ift.tt/qbs4jX5
Wednesday, March 2, 2022
Tijoree launches Smart & Gamified Banking for India’s Teens
from Banking/Finance-Industry-Economic Times https://ift.tt/aEuZ4nh
Explained: Will SWIFT ban choke Russia’s international money flow?
from Banking/Finance-Industry-Economic Times https://ift.tt/oJN8Y3M
Microfinance's contribution to India's GVA likely to grow, says NCAER
The study on the impact of microfinance on the economy, commissioned by microfinance industry body the Microfinance Institutions Network (MFIN) was published Tuesday by Niti Aayog vice chairman Rajiv Kumar. The report was ready a year back but the release was delayed due to the pandemic-led disruptions, according to MFIN chief executive Alok Misra.from Banking/Finance-Industry-Economic Times https://ift.tt/xIesL6f
UCO Bank ties up with Fisdom for launching paperless facilities
UCO Bank customers will now be able to track stocks, evaluate their performance, learn about IPOs and secondary capital markets.from Banking/Finance-Industry-Economic Times https://ift.tt/lOd5IQN
Religare Enterprises to create war chest for new business ventures
The Non-Banking Finance Company (NBFC) said it was going to enter new strategic sectors, including asset reconstruction, alternate investment funds, insurance broking and digital wealth management, embarking on a new era of growth.from Banking/Finance-Industry-Economic Times https://ift.tt/6xBTZS3
TDS on EPF: When TDS is applicable on EPF withdrawal, how to avoid it
If an EPF balance is withdrawn before 5 years of service, TDS is deducted at a rate of 10%. TDS will be deducted at the highest slab rate of 30% if PAN is not provided during withdrawal.from Tax-Wealth-Economic Times https://ift.tt/3AmG2Bt
5 Best Stock Trading Platforms for Beginners 2022 With Low Fees
from Banking/Finance-Industry-Economic Times https://ift.tt/cTjKIf0
Tuesday, March 1, 2022
Canara Bank hikes fixed deposit rates by up to 25 basis points
Interest rate on fixed deposits for tenure 1 year has been increased to 5.1 per cent while for one-two years it is raised to 5.15 per cent from 5 per cent, it said.from Banking/Finance-Industry-Economic Times https://ift.tt/YkeMX9N
PNB to clear cheques of Rs 10 lakh & above after customer confirmation from Apr 4
PNB said high-value cheques of Rs 10 lakh and above will be cleared after reconfirmation with the issuer under the Positive Pay System (PPS) from April 4. PNB said to protect the bank customers against large-value cheque frauds, it will make the Positive Pay System (PPS) mandatory from April 4, 2022.from Banking/Finance-Industry-Economic Times https://ift.tt/2wrHNh1
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