Page 9 - Finance

RBI MPC proposes process to speed up clearance of cheques in a few hours

Cheques will be scanned, presented, and passed in a few hours and on a continuous basis during business hours, says RBI Governor Shaktikanta Das

RBI Policy: MPC to announce repo rates today. When and where to watch?

RBI MPC meeting: A Business Standard poll earlier indicated that economic experts anticipate that the RBI is expected to maintain this status quo for the ninth consecutive policy review

Small banks' digital payment services affected in cyberattack on tech firm

Ransomware attack on C-Edge Technologies on Wednesday prompts NPCI to security review

Union Budget 2024: How Key changes in TDS rates simplify life for taxpayers

Budget has proposed to provide a standard operating procedure for TDS defaults and simplify the compounding guidelines for defaults

Key financial rules will change from August 1: What you should do

Significant updates, include new Google Maps charges and revised HDFC Bank credit card regulations

Bank holidays in August 2024: Here's the national and state-wise list

In total, banks will be closed for 13 days in August 2024

HDFC Bank changes credit card rules from August 1: Check details

These updates will impact various types of transactions and fees for credit card holders

Things you must check in your credit card statement: Check details

A statement is made available by your credit card company once a month, shortly after your billing cycle ends

RBI tightens domestic transfer rules: KYC must for walk- in money transfer

Remitting bank shall obtain and keep a record of the name and address of beneficiary, according to new norms

HDFC Bank increases fixed deposit interest rates by up to 20 basis points

It will offer 7.35% and 7.40% on fixed deposits below Rs 3 crore for 35 months and 55 months tenors

Groww MF launches ETF & FoF based on Nifty EV & New Age Automotive Index

Investment schemes will help investors 'capitalise on future of electric mobility and related technologies', says company

FM announces EPFO-Linked schemes: Boost jobs & reward first-timers employee

These schemes will be based on enrolment in the EPFO, focusing on recognizing first-time employees

Buying a car? Here are best loan rates by various companies

The EMIs you pay on the loan will vary significantly depending on the interest rate

Buying a home? The best home loan rates offered by banks, finance firms

Interest rates depend on a customer's creditworthiness, loan amount, professional background and other factors

BOB hikes FD rates, introduces Monsoon Dhamaka with up to 7.90% interest

The BoB Monsoon Dhamaka Deposit Scheme can be opened online or through any of the bank's branches

Income Tax return filing: Is dividend from shares or mutual fund taxed?

A resident individual receiving dividends whose estimated annual income is below the exemption limit can submit Form 15G paying dividend

SBI hikes MCLR by up to 10 bps, customer loans likely to become costlier

SBI executives said this revision is part of the process to pass on the increase in cost of funds to borrowers and protect margins

From smartphones to smart loans: Gen Z, millennials boost digital lending

The share of digital loans has increased from 1.8% of total retail loans in FY22 to around 2.5% in FY24, revealed a report by Redseer Strategy Consultants

Canara Robeco MF launches Balanced Advantage Fund: Should you invest?

The fund aims to generate long-term capital appreciation by dynamically investing in equity and equity-related instruments and debt and money market instruments

Scam alert: Upstox warns investors against cyber fraud, Check details

Online stockbroker flags fake WhatsApp channels that falsely claim affiliation with the company