Forex RatesSafe Deposit Lockers Interest RatesSpeed Remit IBeRemit Comprehensive trade financing Current Exchange Rates(Update On: Date 31/01/2025 1100hrs) Currency Sell Buy USD 1.3690 1.3280 EUR 1.4240 1.3790 INR 1.6000 1.4800 Note: Exchange Rates are subject to change without prior notice. ...
Indian Bank, a public sector bank, has extended the special fixed deposit offering higher interest rate dubbed “Ind Super 400” and “Ind Supreme 300 days”, according to the bank website. The last date has been extended to December 31, 2023. ADVER...
The Reserve Bank of India is expected to leave its key interest rate unchanged at 6.50% and for the rest of 2023, according to a Reuters poll of economists. Although inflation hit an 18-month low of 4.70% in April, it is not seen falling to the RBI's 4% medium-term target for at...
What is an FCNR(B) Fixed Deposit account? Holding an NRI joint account: All you need to know A must-do for NRIs: Convert your resident savings account to NRO Managing your NRI account through a mandate holder How can NRIs use PoA in India to manage their banking needs?
The banks manage everyday money matters for private individuals and companies such as the payment of salaries and bills and the repayment of loans, other means of payment such as bank cards or charge cards, can be added to the current accounts. In addition to normal current accounts, the ...
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Payment of any income to non-residents in respect of interest or dividend on bonds and shares (Section 196C)TDS is calculated on purchases, sales, sales returns, credit notes, fixed asset acquisitions, prepayments, advance payments, promissory notes, works tax, and intercompany transactions.备注...
Hence, the higher the CCC, the greater the requirement of STC, and the higher the effect of access to bank credit. In emerging economies, CCC and cash-holding strategies are further dented by macroeconomic factors, especially interest rates and inflation (Wang et al. 2014). A pre-condition ...
interest as well as service charges are kept low to promote the sectors. The service charges of Indian Overseas Bank also depend on the loan tenure with longer loans being charged more. The MCLR is currently 8.65% for the bank for 1 year according to which all the interest rates are set...
This benefit also has a sunset period and is applicable only in respect of interest payable until July 1, 2020.50 In all cases above, the Finance Bill, 2020 has proposed to extend the end of the sunset period, wherever applicable, from July 1, 2020 to July 1, 2023. Also as regards ...