I am Wealthy at 23

MCLR rates are hiked by 15 basis points on various tenures. The Treasury Bills Linked Lending Rates (TBLR) are hiked by 40-55 basis points on various tenures. from mint - Money https://ift.tt/SNkXhw9 https://ift.tt/jzS39UG

The Indian government decides interest rates on these savings schemes every 3 months of a year. Small savings schemes rates were expected to be hiked amidst the bank fixed deposits that have gained traction due to RBI rate hike. from mint - Money https://ift.tt/l4GLKWp https://ift.tt/jzS39UG

Our compilation of property prices of prominent localities in major cities and surrounding areas across India may help you compare and make an informed decision Here are prices of some properties in price bands of below ₹50 lakh, ₹50-75 lakh, and above ₹75 lakh from mint - Money https://ift.tt/GBu6wds https://ift.tt/jzS39UG

No one can predict markets in the short run; investors need to stick to their asset allocation from mint - Money https://ift.tt/PEpZfQz https://ift.tt/jzS39UG

With this, rates on its FDs across different tenures are up by 30-45 basis from that announced in May.  The hike will apply to deposits, both new and those being renewed from mint - Money https://ift.tt/MU9bcAy https://ift.tt/jzS39UG

Earlier in June, RBI extended the deadline for some provisions in the master direction to take effect starting October and not from July 1st. Hence, it is important to understand what new changes will come into force starting in July on your credit cards and debit cards. from mint - Money https://ift.tt/At4YGns https://ift.tt/jzS39UG

Bajaj Finance had also raised interest rates in May. Following the latest hike, interest rates are up 30-45 basis points across deposits of varied tenures from May from mint - Money https://ift.tt/OtBcEls https://ift.tt/jzS39UG

Five of the larger and older balanced advantage funds have generated negative returns of around 2-9%, between 18 October 2021 and 24 June this year from mint - Money https://ift.tt/Q5N3raO https://ift.tt/jzS39UG

We already provide retirement solutions and it made sense for us to look at retirement as a market in a 360-degree manner, says Prashanth Tripathy, CEO, Max Life Insurance from mint - Money https://ift.tt/iCnIvWr https://ift.tt/jzS39UG

To build a corpus of ₹1 crore in 10 years, you would need to save and invest close to ₹50,000 a month in an aggressive portfolio from mint - Money https://ift.tt/ICAltrS https://ift.tt/jzS39UG

AIS is a more comprehensive statement that will reflect all your financial transactions from mint - Money https://ift.tt/FUmgu1w https://ift.tt/8OHZvAe

The Indian government decides interest rates on these savings schemes every 3 months of a year. The Centre will announce the new interest rates for the period of July - September 2022, by end of this month. from mint - Money https://ift.tt/zrEBOkD https://ift.tt/8OHZvAe

As per the regulatory filing, 10 basis points increase on deposits are for 1 to 2 years period deposits as well as above 2 years to 5 years deposits. from mint - Money https://ift.tt/F9m1PvG https://ift.tt/8OHZvAe

Income tax return: Due date for ITR filing for the financial year 2021-22 is 31st July 2022 from mint - Money https://ift.tt/yf0W5JQ https://ift.tt/8OHZvAe

Given that different equity assets have different tax rules, an investor must take a careful look at the suitability of an investment in terms of taxes too from mint - Money https://ift.tt/kCMbVKG https://ift.tt/8OHZvAe

The deadline for filing returns is 31 July but doing it earlier gives you enough time to file taxes correctly from mint - Money https://ift.tt/WgHUsZL https://ift.tt/8OHZvAe

Certain merchant sellers offer to pay cash on cards but experts say this is illegal and should be avoided from mint - Money https://ift.tt/MqEA519 https://ift.tt/8OHZvAe

As per the provisions of the Employees’ Provident Fund and Miscellaneous Provisions Act, 1952, the amounts standing to the credit of a member in the EPF are protected from attachment under any decree or order of any court in respect of any debt or liability incurred by the member prior to his death from mint - Money https://ift.tt/e6Cl50H https://ift.tt/8OHZvAe

With RBI hiking rates, G-secs are offering higher yields than deposits from leading banks from mint - Money https://ift.tt/1DGAuNo https://ift.tt/p9DGLXz

Interest rates on deposit products are trending higher since the Monetary Policy Committee (MPC) of the RBI raised the repo rate to 4.90 per cent in June, but they are still below the inflation range. from mint - Money https://ift.tt/NUz5yMu https://ift.tt/p9DGLXz

Interest rates have changed for term deposits, ranging from ₹2 crore to ₹5 crore, according to private sector lender ICICI Bank. The bank has updated its interest rates as of today, June 28, 2022, and currently provides an interest rate range of Rs. 3.10 per cent to Rs. 5.70 per cent. from mint - Money https://ift.tt/FKqn2PX https://ift.tt/p9DGLXz

Bala says mutual funds have become a large part of her portfolio, has a very small exposure to real estate from mint - Money https://ift.tt/MJDGjca https://ift.tt/p9DGLXz

Leading Indian financial services provider HDFC Ltd. is a Non-Banking Financial Company (NBFC). For 27 years running, two of the top credit rating agencies (CRISIL and ICRA) have given HDFC's deposits scheme AAA ratings. from mint - Money https://ift.tt/sTIyQZU https://ift.tt/7asRNrW

NeoGrowth Accelerator is a collateral-free term loan of up to ₹20 lakh for the underserved MSME segment comprising manufacturers, distributors, traders, dealers, and service providers. It is designed to fulfill the working capital requirements of GST-registered MSMEs based on their cash flows from mint - Money https://ift.tt/X45vmHs https://ift.tt/7asRNrW

On fixed deposits below ₹2 crore, Equitas Small Finance Bank (SFB) has increased interest rates. The modification has been announced by the bank today, June 27, 2022, and as a result, interest rates on deposits with terms of more than one year to three years have been raised. from mint - Money https://ift.tt/IeGWzB3 https://ift.tt/7asRNrW

Here are some personal loan rates and other costs of the top private and public sector banks in India from mint - Money https://ift.tt/ZxRuB3e https://ift.tt/7asRNrW

Deepak Shenoy, who now plans to enter the MF industry, tells Mint how he started his successful PMS venture from mint - Money https://ift.tt/3ySGMeg https://ift.tt/7asRNrW

Credit cards carry the steepest interest charges among all loans, which can balloon to over 30% annually from mint - Money https://ift.tt/1XZ3xmT https://ift.tt/7asRNrW

In the case of an individual being resident in India having taxable income up to ₹5 lakh, tax relief u/s 87A of the Act (up to ₹12,500) is available due to which no tax liability is required to be deposited if taxable income is up to ₹5 lakh from mint - Money https://ift.tt/wJT6cNC https://ift.tt/7asRNrW

Income tax return: A minor can have two types of incomes — earned income and unearned income from mint - Money https://ift.tt/KizP7uL https://ift.tt/pOfPgi8

If you want to achieve your financial goals, you should learn the way to transform your dreams into actionable plans. Read further to know more on this here. from mint - Money https://ift.tt/uai9MWc https://ift.tt/pOfPgi8

Tax-free bonds vs bank FDs: Tax Free bonds will fetch 5.5 per cent to 5.55 per cent returns in Bharat Bond ETF will give 7.25 per cent, believe tax and investment experts from mint - Money https://ift.tt/O726PAw https://ift.tt/pOfPgi8

As per the Jefferies findings, out of $ 10.7 trillion Indian households assets in March 2022, 15.10 per cent has been invested in bank deposits while 15  per cent has been invested in gold from mint - Money https://ift.tt/hfFM1Nb https://ift.tt/pOfPgi8

NPS calculator: Like PPF, EPF, SSY, etc., NPS scheme is an EEE instrument where an investor is given income tax exemption on lump sum maturity and the whole pension withdrawal amount from mint - Money https://ift.tt/Q1uPMVL https://ift.tt/pOfPgi8

In real estate investments too, it is possible to make money via smart tools and instruments from mint - Money https://ift.tt/scX7R0o https://ift.tt/kvOplnq

Top performers in the category have given good returns but investors need to be cautious from mint - Money https://ift.tt/2ST3DPn https://ift.tt/kvOplnq

Here is a list of banks that offer the highest FD rates for deposits up to Rs1 crore over various tenures from mint - Money https://ift.tt/tH6PRld https://ift.tt/kvOplnq

An assessee gets four months to prepare for filing tax returns. Here is a tax-preparation checklist from mint - Money https://ift.tt/ChFMBXT https://ift.tt/kvOplnq

A critical illness plan is an add-on coverage that provides a lump sum in case of diagnosis of one of the named ailments from mint - Money https://ift.tt/XEUQ7wO https://ift.tt/pcPZwOG

The value of benefits/perquisites should be based on FMV, subject to exceptions from mint - Money https://ift.tt/QtINVPi https://ift.tt/pcPZwOG

The offer is available at the bank's all branches and online platforms including internet banking and BOI Mobile App. However, the offer is valid for a limited period. from mint - Money https://ift.tt/9mirDpT https://ift.tt/pcPZwOG

Let's take a look at the income tax benefits available to senior citizens from mint - Money https://ift.tt/a5gBPit https://ift.tt/pcPZwOG

The couple set an annual savings target as monthly cash flows are unpredictable from mint - Money https://ift.tt/TwiSgro https://ift.tt/pcPZwOG

For a monthly investment of ₹1 lakh, your corpus could reach ₹3.2 crore, and for a monthly investment of ₹2 lakh, you will be able to accumulate ₹5.43 crore at the end of 10 years from mint - Money https://ift.tt/nNe07UR https://ift.tt/pcPZwOG

Loss aversion prevents us from selling stocks that are below their buy price from mint - Money https://ift.tt/2WoGKth https://ift.tt/pcPZwOG

In the current environment of rising interest rates, a floating rate FD is a good option from mint - Money https://ift.tt/oREHzkw https://ift.tt/pcPZwOG

Mutual fund calculator: In an investor had started ₹10,000 monthly SIP in Canara Robeco Small Cap Fund - Direct Plan two years ago, it would have grown to 3.26 lakh today from mint - Money https://ift.tt/aiWySUr https://ift.tt/4NRs2gQ

Interest rates on resident Indian fixed deposits below ₹2 Cr have been revised by private sector lender DCB Bank. The bank has increased interest rates on deposits with a maturity period of more than 18 months as a result of the adjustment, which has been announced by the bank today, June 22, 2022. from mint - Money https://ift.tt/NMI0eGg https://ift.tt/4NRs2gQ

Firstly, when planning for your child’s education goal, consider her abilities and inclinations towards a specific subject and identify her future goals and begin preparation with adequate investments that match these goals from mint - Money https://ift.tt/2z80vgK https://ift.tt/4NRs2gQ

ICICI Bank FD rate: The private lender has raised FD interest rates on term deposits for 185 to less than one year tenors and one year to two year tenors from mint - Money https://ift.tt/d6qEjGJ https://ift.tt/4NRs2gQ

When the stock market's price declines over an extended period of time, it is called a bear market. Continue reading to learn more about it. from mint - Money https://ift.tt/JiCnUjI https://ift.tt/4NRs2gQ

These alternative investment funds, which have a minimum ticket size of ₹1 crore, seek to eliminate market risks from mint - Money https://www.livemint.com/money/personal-finance/are-market-neutral-funds-the-answer-to-a-bear-market-in-india-11655834215262.html https://ifttt.com/images/no_image_card.png

Here is a look at the taxes that apply to short-term and long-term gains from these two asset classes from mint - Money https://ift.tt/WpKIcQZ https://ift.tt/FuRpQ2t

Mint had earlier reported that ICICI Pru MF’s SIP Plus, Nippon India’s SIP Insure, Aditya Birla Sunlife’s Century SIP and PGIM’s Smart SIP facility were the well-known systematic investment plan schemes that combined investments with insurance. from mint - Money https://ift.tt/Q7L8gXU https://ift.tt/FuRpQ2t

The plan offers guaranteed tax-free returns up to 6.14% along with life cover protection at monthly premiums as low as ₹3000 and is also available to purchase on Max Life’s website and Policybazaar.com, said the firm. from mint - Money https://ift.tt/3pTmcOY https://ift.tt/FuRpQ2t

You must plan your investments by quantifying your financial goals and assessing the risk you can bear from mint - Money https://ift.tt/AbtN9I2 https://ift.tt/FuRpQ2t

In the current context, investing in fixed deposits might be advantageous because interest rates have been rising since the RBI announced a raise in the repo rate. Investing in fixed deposits not only guarantees you a stable interest rate, but also helps you to plan ahead for your future goals because term deposits have a flexible maturity period ranging from 7 days to 10 years. from mint - Money https://ift.tt/VlAqPUG https://ift.tt/FuRpQ2t

In the face of rising interest rates, the country's largest lender, State Bank of India (SBI), offers a scheme called SBI Annuity Deposit Scheme, which is nothing more than an investment product in which investors are required to park a lump sum deposit and can earn monthly annuity installments that include a portion of the principal amount as well as interest. from mint - Money https://ift.tt/tM8ulgy https://ift.tt/FuRpQ2t

Building a portfolio is a complex exercise, and it has to be maintained too from mint - Money https://ift.tt/EOczKI9 https://ift.tt/NHmfcPl

For Zerodha’s CEO, trading is about trading time and effort where the risk to reward is in one’s favour from mint - Money https://ift.tt/65oOKIp https://ift.tt/NHmfcPl

A recurring deposit (RD) is a type of debt investment that allows individuals to set up a fund for their own finances on a regular basis. Unlike a fixed deposit, which requires a lump-sum deposit to create an account, an RD allows you to invest on a monthly basis, similar to a mutual fund SIP, and receive interest rates that are comparable to fixed deposits. from mint - Money https://ift.tt/f8rqjsE https://ift.tt/NHmfcPl

One should have a sum insured which is 1.5 times of your annual income (Self + Spouse put together). from mint - Money https://ift.tt/F5APh6B https://ift.tt/NHmfcPl

As per the provisions of the Income-tax (I-T) Act 1961, if the actual sale consideration is lower than the stamp duty value by more than 10%, the stamp duty value would be regarded as the deemed sale consideration, for the purpose of calculating such LTCG/L from mint - Money https://ift.tt/qrpv1GU https://ift.tt/6AxwPO8

 As per CBDT guidelines, the deduction is to be made when the aggregate value of the benefit exceeds ₹20,000 in a financial year and when the deductor’s gross sale or turnover from business exceeds ₹1 crore or from profession exceeds ₹50 lakh in the preceding financial year from mint - Money https://ift.tt/sO5fKTE https://ift.tt/6AxwPO8

Ensure that devices are free of viruses, malware or ransomware from mint - Money https://ift.tt/CkORx6Z https://ift.tt/6AxwPO8

When it comes to starting your financial path toward building wealth with sufficient liquidity, the first step is to create a savings account. A savings account is required for all banking and financial operations, and it is especially useful for short-term requirements or to meet unexpected crises. from mint - Money https://ift.tt/CPRftK3 https://ift.tt/6AxwPO8

The income tax law does not differentiate between the initial gift to the HUF and subsequent gifts from mint - Money https://ift.tt/oeVlIJ4 https://ift.tt/6AxwPO8

Any amount which is remitted to India from abroad through proper banking channel can be credited in the NRO or Non Resident Ordinary account from mint - Money https://ift.tt/tl79B2n https://ift.tt/6AxwPO8

Bank of Maharashtra has raised interest rates on fixed deposits of less than ₹2 crore. According to the bank's official website, the new rates are in force from June 13, 2022. from mint - Money https://ift.tt/GmuZARs https://ift.tt/JEIex16

HDFC Bank, the country's largest private sector lender, raised interest rates on fixed deposits of less than ₹2 crore today. from mint - Money https://ift.tt/xOtz2NP https://ift.tt/JEIex16

The FD rates are applicable for deposits below ₹2 crore offering a maximum 5.8% interest rate, while the savings balance has the highest rate of 3.55%. from mint - Money https://ift.tt/9LUPhKl https://ift.tt/JEIex16

Bank of Baroda (BoB), a public sector lender, has increased interest rates on fixed deposits of less than ₹2 crore. from mint - Money https://ift.tt/AHt2Tlk https://ift.tt/JEIex16

Bank of Baroda (BoB), a public sector lender, raises interest rates on savings bank accounts. The bank issued this announcement on June 15, 2022, and as a result of the modification, savings account interest rates have been raised by 5 to 10 basis points. from mint - Money https://ift.tt/lHsVBYk https://ift.tt/JEIex16

The higher limit of ₹15,000 for e-mandates on credit/debit cards and prepaid payment instruments (PPIs) for recurring  has come into effect from mint - Money https://ift.tt/906xorJ https://ift.tt/JEIex16

Mutual fund calculator: If a mutual fund SIP investor had started ₹10,000 monthly SIP in this plan 2 years ago, its ₹10,000 monthly would have grown to ₹3.37 lakh today from mint - Money https://ift.tt/PQokUR4 https://ift.tt/oC8E9zX

Real estate investment is one of the few investment instruments which have been there since time immemorial from mint - Money https://ift.tt/jcaNWwQ https://ift.tt/oC8E9zX

If we map your existing portfolio of ₹4 lakhs to your daughter’s education, then you will have to invest ₹18,000 every month for the next 16 years to create the corpus of ₹1 crore at a 10% p.a. from mint - Money https://ift.tt/NV1qolp https://ift.tt/JO103NV

Travel insurance offers medical cover, particularly if you are hospitalized abroad and need to fly back to India immediately for treatment. from mint - Money https://ift.tt/nxfcg7j https://ift.tt/JO103NV

Experts say investment entails high risks and individuals should be able to absorb any losses from mint - Money https://ift.tt/bBdXMcD https://ift.tt/JO103NV

A non-resident in India is eligible to transfer property acquired by way of inheritance, by way of sale or gift to Indian citizens permanently residing in India from mint - Money https://ift.tt/BjQPTai https://ift.tt/1AGVEjb

Interest rates offered on FDs are directly linked to the banks’ liquidity position and not on the repo rate from mint - Money https://ift.tt/8hJIlj9 https://ift.tt/1AGVEjb

The hurdle rate is the minimum acceptable return on investment (ROI) in a project, considering the risks associated with that project from mint - Money https://ift.tt/2cO4eVl https://ift.tt/1AGVEjb

All large, mid, small and flexi cap funds are down from their 18 October 2021 peak from mint - Money https://ift.tt/qU2roxv https://ift.tt/1AGVEjb

If an investor chooses Apple shares today versus Bitcoin as an asset class, Nikhil Kamath co-founder of Zerodha stated with Apple, an investor will have $100 billion in real-world income per year. from mint - Money https://ift.tt/ZfxwyAX https://ift.tt/1AGVEjb

Fixed deposit interest rates are rising, and depositors are scrambling to see which bank is giving the greatest deal. With DICGC deposit safety and maturity terms ranging from 7 days to 10 years, a fixed deposit investment is perfect for obtaining a regular income as well as tax benefits with a low-cost investment. from mint - Money https://ift.tt/Sy63hLY https://ift.tt/1AGVEjb

Punjab National Bank (PNB), the country's second-largest public-sector lender, has raised interest rates on fixed deposits of less than ₹2 crore. from mint - Money https://ift.tt/sltwUdS https://ift.tt/1AGVEjb

The interest rate on fixed deposits has been raised by the country's largest lender, State Bank of India (SBI). The new interest rates go into effect today, June 14, 2022. from mint - Money https://ift.tt/NlkyLeS https://ift.tt/1AGVEjb

Freddy and his wife applied for their son’s passport soon after his birth and opened a bank account in his name from mint - Money https://ift.tt/4aVlrCj https://ift.tt/uHB9V5i

An AA rating indicates that the degree of safety regarding timely payment is strong; the higher the rating, the better the risk capacity of the issuer from mint - Money https://ift.tt/vWtZT9r https://ift.tt/uHB9V5i

According to Axis MF, for investors with medium term investment horizon (above three  years), incremental allocations to such duration may offer significant risk reward opportunities from mint - Money https://ift.tt/4y6q9UN https://ift.tt/uHB9V5i

Diversifying your investments, particularly mutual funds, is essential, and when it comes to diversification, flexi cap funds remain the top selection for investors, as they are funds that invest in the stocks of all large-cap, mid-cap, and small-cap companies. from mint - Money https://ift.tt/HALQSIo https://ift.tt/uHB9V5i

Ujjivan Small Finance Bank (SFB), a DICGC-insured lender, has raised interest rates on its Platina Fixed Deposit special term deposit plan. from mint - Money https://ift.tt/10bhGru https://ift.tt/uHB9V5i

Our compilation of property prices of prominent localities in major cities and surrounding areas across India may help you compare and make an informed decision from mint - Money https://ift.tt/GnYyfsg https://ift.tt/a0MlK14

Borrowers who have opted for fixed rate on their home loans don’t benefit from the falling interest rates from mint - Money https://ift.tt/kVOeLFx https://ift.tt/a0MlK14

Plan your itinerary only after you have chosen your destination, then plan your finances from mint - Money https://ift.tt/cO87LWz https://ift.tt/a0MlK14

Section 54 of the Income-tax (I-T) Act, 1961, provides for deduction against long-term capital gains (LTCG) arising from the sale of a residential house (the original asset) from mint - Money https://ift.tt/5bPm1ct https://ift.tt/a0MlK14

ITR forms are exhaustive and increases scope of reporting of the various incomes from mint - Money https://ift.tt/gwb5TNR https://ift.tt/a0MlK14

When it comes to saving tax while simultaneously generating solid returns, one of the most popular options among tax savers is investing in tax saving fixed deposits (FDs). from mint - Money https://ift.tt/3zUOSJF https://ift.tt/a0MlK14

Sundaram Finance is a well-known Non-Banking Financial Company (NBFC) and the company's fixed deposits are currently rated AAA (Highest Credit Quality) by ICRA and CRISIL and have been for the past 30 years. from mint - Money https://ift.tt/7nXmREI https://ift.tt/a0MlK14

Mutual fund investment strategy: Debt funds may yield 0.50 per cent to 1.0 per cent higher from its average annual return in next 6 months to two years, believe tax and investment experts from mint - Money https://ift.tt/nMXT4Po https://ift.tt/a0MlK14

Debt investors with a low-risk profile can consider investing in fixed deposits, which are instruments that are not linked to market-based returns and provide you with regular or fixed income based on your chosen tenure. from mint - Money https://ift.tt/BpL5h2Z https://ift.tt/j09VyhR

Equitas Small Finance Bank, a DICGC-insured institution, has increased interest rates on fixed deposits below ₹2 crore. The bank made the announcement on June 10th, 2022 and now regular customers will get a maximum interest rate of 6.85 per cent and senior citizens will get 7.35 per cent. from mint - Money https://ift.tt/4iqElyo https://ift.tt/j09VyhR

Income tax calculator: LTCG tax exemption on gold sell can be claimed only when the new house is purchased within 2 years of gold sell from mint - Money https://ift.tt/9WldXM4 https://ift.tt/j09VyhR

Expert suggested a four-fund portfolio with equal allocations to UTI Nifty Index Fund, Parag Parikh Flexi Cap Fund, SBI Small Cap Fund, and ICICI Prudential Balanced Advantage Fund  from mint - Money https://ift.tt/QWm3xXu https://ift.tt/0maHyl1

Short tenure FDs have seen a greater increase in rate. For instance, interest rate on 7-days FDs below ₹2 crore saw the greatest increase of 50 bps  from mint - Money https://ift.tt/D5feMXW https://ift.tt/0maHyl1

Federal Bank, a private sector lender, has raised interest rates on savings bank accounts. from mint - Money https://ift.tt/my3J7kj https://ift.tt/0maHyl1

The public sector lender Central Bank of India has revised interest rates on domestic term deposits of less than ₹2 Cr. The bank revised its interest rates today, June 10, 2022, and currently offers an interest rate of 2.75 per cent to 5.60 per cent on deposits ranging from 7 days to 10 years. from mint - Money https://ift.tt/4qV7rI9 https://ift.tt/0maHyl1

Punjab & Sind Bank (PSB), a public sector lender, has raised interest rates on fixed deposits of less than ₹2 crore. The announcement has been made today, June 10, 2022, only two days after the repo rate rise. from mint - Money https://ift.tt/4dlfT8A https://ift.tt/0maHyl1

Check out health plans for different age groups from mint - Money https://ift.tt/qiCMXgc https://ift.tt/aZhUgyR

Companies don’t expect significant changes to provident fund deduction but they do expect gratuity to go up from mint - Money https://ift.tt/cT9Xezx https://ift.tt/aZhUgyR

The latest repo rate rise by the RBI to 4.90 per cent has spurred many debt investors to fall back in love with fixed deposits since banks are set to raise interest rates further on deposit products in the near future. from mint - Money https://ift.tt/x8cylWq https://ift.tt/aZhUgyR

Customers planning to establish a savings account in the face of rising interest rates can choose the four public-sector banks giving the highest interest rates on savings bank deposits. from mint - Money https://ift.tt/NDEYJyX https://ift.tt/aZhUgyR

To start with, only Rupay credit cards will be enabled with this facility. Industry experts believe that this move by the RBI will widen the scope of UPI payments significantly from mint - Money https://ift.tt/tbVyi2a https://ift.tt/26yscLK

He expects the current turmoil in global & Indian markets to resolve itself in 3-6 months from mint - Money https://ift.tt/m0BpEe5 https://ift.tt/26yscLK

The RBI on Wednesday increased the limit for auto-debit mandates done through cards and unified payment interface (UPI) to ₹15,000 from the earlier ₹5,000 from mint - Money https://ift.tt/Icd0tmu https://ift.tt/26yscLK

Nifty 50 earnings likely to grow 15% annualized over FY22-24 as per Bloomberg from mint - Money https://ift.tt/tAwafPc https://ift.tt/26yscLK

Payment banks, according to the RBI, are the next step in financial inclusion since they offer small savings accounts and payments/remittance services to migrant workers, low-income households, small companies, other unorganised sector organisations, and other individuals. from mint - Money https://ift.tt/cqQz9dy https://ift.tt/26yscLK

The Reserve Bank of India (RBI) decided to raise the repo rate by 50 bps to 4.9 per cent during its monetary policy meeting on June 8, 2022, following a 40-basis-point rise on May 4, 2022. from mint - Money https://ift.tt/p6awcdI https://ift.tt/26yscLK