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Checkout the latest Small Savings Scheme Interest Rate 2023 which includes post office 1-3-year term deposits and 5-year recurring deposits, saving certificates such as National Saving Certificates and Kisan Vikas Patra, Sukanya Samriddhi Account and Senior Citizens Savings Scheme. The small savings interest rates are set by the Government of India, which is linked to […]
Latest Fixed Deposit Rates in India from all the banks. Know the updated FD interest rate by Government banks and others in India. These rates are updated from the respective bank’s website as on the date. Some banks/FIs allow fixed rate only for a definite period and thereafter prevailing floating rates are made applicable. Calculate the […]
Financial Ratio Analysis Calculator for Bank Loans & Mortgages – Financial Ratio Analysis Calculator and formula for calculating and analyzing various bank loan for Home, Mortgage Loans, Housing Loan, Term Loan, Business Loan, Credit Card Loan, MSME etc. and project analysis of working capital including term loan and composite loan. These are the most common […]
Revised Performance Linked Incentive Calculator for Public Sector Banks – The Finance Ministry has unveiled a performance-linked incentive (PLI) scheme for the senior executives of public sector banks (PSBs) i.e. Chief Manager, AGM, DGM, General Managers and CGM than MD & CEO including Executive Directors. The PLI ceiling for Managing Director & Chief Executive Officers and […]
Finance Minister Nirmala Sitharaman announced a new credit guarantee scheme for MSMEs, offering collateral-free loans up to Rs 100 crore without any Guarantee like CGTMSE. This scheme may help the MSME borrowers to come out of the difficulties faced by MSMEs in obtaining term loans for machinery and expansion. Madam Sitharaman highlighted that banks will […]
Public Sector Banks MSME Target has been revised – In a Bid to boost MSME Sector, the FM Finance minister Nirmala Sitharaman on Saturday increased the lending target for public sector banks in lending to micro, small and medium enterprises (MSME) the current financial year by nearly 35%. I want to set a new target… […]
Canara Bank Official Twitter ‘X’ handle hacked – Public sector Canara Bank has announced that its official social media handle on X was hacked, Canara Bank on Sunday acknowledged it, saying their X handle has been compromised. The hacker changed the username of the handle to ‘ether.fi’. The official account (@canarabank) has around 2.55 lakh […]
Yes, you can open Fixed deposit online in Canara Bank. The facility to open the term deposit in Canara Bank is provided through Internet Banking and Mobile Banking. Open Canara Bank Mobile Banking / Internet Banking Go to the deposit section Choose the option’ New TD’ Choose the maturity period and Enter the requisite amount […]
If you are late in making the credit card payment on time, your CIBIL score may go down and moreover, you end up paying a late fee along with interest on the due amount. Many a time, a credit card customer intends to make the payment on time but fails to do so due to […]
Paytm UPI Business got SBI Support – The country’s largest lender State Bank of India, SBI joined hand with One97 Communications, which runs Paytm brand and applications, for its consumer UPI payments. Paytm’s UPI was powered by Paytm Payments Bank Limited (PPBL) and since the RBI’s action on the latter, the mobile payments company has […]
Can a Credit Card be issued to other loan accounts such as overdraft facility, cash credit facility, working capital loan? Yes, paragraphs 7(b) and 7(c) of the MD have enabled issuance of various types of credit cards which can be customized to access the limits available in different loan accounts, duly aligned to the terms […]
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