7 Banks Have Revised Interest Rates On Fixed Deposits This Week: Learn More
Ahead of RBI’s decision on repo rates on Friday, seven banks have revised their interest rates on fixed deposits (FD). Know more
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UDGAM Portal Onboards 30 Banks: Here Is How To Check Unclaimed Deposits
RBI’s UDGAM portal allows customers to check their unclaimed deposits with banks; it has enrolled 30 banks from the initial seven during its launch in August 2023
NPS Vs OPS: Reverting To OPS Will Harm Future Generations Of India, Says RBI Study
The Reserve Bank of India has advised states against reverting to the Old Pension Scheme, as it will impose a financial burden 4.5 times higher than that on the existing National Pension System
Why You Should Confirm Receipt Of Payment By Credit Card Company
A credit card company may refuse to close your account even if you owe it just 35 paise, as highlighted in a 2019 case in Bengaluru.
What To Do If You Send Money To A Person By Mistake Through UPI?
As UPI transactions crossed 10 billion in August, here are some tips senior citizens can use if they mistakenly send money to the wrong person
SBI Extends ‘Amrit Kalash’ Deadline, Axis Bank Revises FD Rate Again—Learn More
The State Bank of India (SBI) has extended the deadline for its ‘Amrit Kalash’ fixed deposits (FDs) again, while Axis Bank’s rate revisions continue with another FD rate hike in a month
Inflation Concerns Highest Among Elderly People: RBI Survey
A Reserve Bank of India (RBI) survey has found that expectations of high inflation are the highest among senior seniors
Revised Pension For RBI Employees Effective From June 2023
The government has revised the pension for Reserve Bank of India employees after four years. The pension was last increased in 2019. The new pension is to be effective from June 2023
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How Hybrid Funds Help Ride Market Volatility: 3 Things You Must Know
As concerns over elevated inflation and global economic uncertainty continue amid geopolitical tensions, hybrid funds can prove a potent arsenal against stock market volatility
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What To Do If You Transfer Money To A Wrong Account?
The Reserve Bank of India (RBI) says the responsibility to provide correct inputs, particularly the beneficiary account number information, rests with the remitter/originator.