Posted in Academic economics, Academic research, Banking, Deposit multiplication, Economic Policy, Economic quackery, Economic Theory, Economic Theory of Growth, Economic Theory of Interest, Economic Theory of Value, Foreign exchange controls, General equilbrium theory, Government of India, India's Gove...
Repo-based lending rate (RBLR) is dependent on the existing repo rate, which is the interest rate at which the central bank (RBI) of a country lends money to commercial banks. The Reserve Bank of India (RBI) uses the repo rate to regulate liquidity i.e. money flow in the economy and...
SIB Bank Education loan interest rate Repo rate +10.20% to Repo rate +10.95% Moratorium Period Course period plus 1 year or 6months after getting the job whichever is earlier The moratorium period for overseas study is 6 months after the qualifying exam. Repayment Period/Duration 10 years for...
Tap into various solar, wind and green energy stocks with these funds. Jeff ReevesDec. 13, 2024 Natural Gas Stocks and Funds These natural gas investments offer exposure to the main bridge fuel of the energy transition. Matt WhittakerDec. 13, 2024 ...
South Indian Bank Informational Data Name of BankSouth Indian Bank No. of Offices519 No. of Employees4523 Business per Employee (in ` Lakh)645.14 Profit per Employee (in ` Lakh)4.31 Interest Income (in ` Crore)1687 Other Income (in ` Crore)164 ...
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?
Do NRIs need permission of reserve Bank for placing funds in fixed deposits with firms/companies on non- repatriation basis? Yes. Permission for placement of funds in fixed deposits with firms/companies in India is granted by Reserve Bank on application by the depositor or the deposit accepting...
10. Acceptance and Enrollment:If you receive an offer of admission, carefully review the terms and conditions of the offer, including any scholarship or financial aid information. Accept the offer by following the instructions provided by the university. You may be required to pay a deposit to ...
India has exported around 8.5 million tonnes of sugar since the current season began on October 1, with exporters likely to contract another 1.5 million tonnes for overseas sales in the next five months, trade and government sources said on Thursday. ...
Interest income on Foreign Currency Non-Resident Account (FCNR A/c) - Interest earned on FCNR deposit is exempt from tax in the hands of RI as per section 10(15)(iv)(fa) of the IT Act till the time the RI is NR or RNOR. Concessional rate of tax on foreign exchange assets - ...