After UCO Bank, Bank of Baroda and Canara Bank to hike interest rates from Monday
New Delhi/IBNS: Leading Indian public-sector banks such as UCO Bank, Canara Bank and Bank of Baroda have increased their Marginal Cost of Funds-based Lending Rates (MCLR) in different tenures which will result in higher costs for consumer loans, reports said.
Centre keeps interest rate on small savings schemes unchanged for April-June period
New Delhi: The Central government on Friday decided to maintain the interest rates on small savings schemes for April-June.
Bank of Canada hikes key interest rate by 25 basis points to 5 percent, highest since 2021
Ottawa/IBNS: The Bank of Canada has made the cost of borrowing more expensive by reportedly raising its policy interest rate for the 10th consecutive time, by 25 basis points amounting to 5 percent, the highest it’s been since 2001.
Interest on General Provident Fund remains unchanged at 7.1 pc
New Delhi: The government has not altered the interest rate on General Provident Fund (GPF) and will remain effective till at least March 31, 2023, media reports said.
SBI increases retail term deposit interest rates up to 80 bps
State Bank of India (SBI), the country’s largest lender has revised the retail term deposits (deposit below Rs 2.00 crore) interest rates upward (up to 80 bps), effective from October 22, 2022.
Indian Overseas Bank hikes interest rate on deposits
Chennai-based public sector bank, Indian Overseas Bank, decided to increase the interest rates offered on the medium-term deposits by 05 basis points.
Bank of Baroda slashes home loan interest rate for limited period
State-owned lender Bank of Baroda announced a reduction in home loan interest rates from 6.75 to 6.50 percent for a limited period.
8 Things You Must Check Before Applying for a Business Loan
After the initial period, there is a need to scale up the business, and you need funds. The best way is to apply for a business loan. The bank is more than ready to give loans to companies that show the capacity to repay the same. Technology has brought loans closer to business people, and it has become easier to check your business loan eligibility online and apply for one. Business loans can be both secured and unsecured.
Detail information about Interest Rate On FD for 2 years?
Fixed deposits are one of the most common and preferred sources of investing for millions of Indians due to their guarantee of safety and returns to investors.
Tips to choose the best credit card
With an extensive range of credit cards to choose from, each offering some perk or the other, picking one according to your needs can be quite puzzling. So if you are looking to sign up for your next card, it will be worthwhile to first understand your own requirements and what you wish to get from the card. Luckily, there are specific steps you can take to help narrow down your search and find which one matches your needs.
7 Reasons to Start Financial Planning Early
Most of the people consider financial planning as an old man’s game. However, a rupee invested today would be more than a rupee invested tomorrow, and therefore, the sooner the one starts investing, the greater the benefits are available. It’s never too early to start a financial planning.