RBI has decreased repo rate recently. Do you know how does it affect the bank interest rate on loan portfolio? Normally, it has a positive effect on borrowers as they may get benefit in EMI. Every bank declares its new interest rate whenever RBI increases or decreases the repo rate. Recently RBI reduces repo rate … Read more
The process to SBI PIN generation online You can generation SBI PIN online through net banking or through SBI ATM also. SBI PIN generation online process Here is the full process for SBI PIN generation online Step i: Login to OnlineSBI.com site. Step ii: After login click on the E-Services menu. Step iii: Select ATM … Read more
Friends if you have FD in any bank, this blog is for you. As you know that if you have FD in any bank you need to submit 15G or 15H, according to your age. So that Bank does not deduct TDS on your FD interest. Read more about 15G or 15H form. What is … Read more
RBI has announced new 20 rupees note today. 20 rupees new note is in the Mahatma Gandhi Series, bearing the signature of Shri Shaktikanta Das, Governor, Reserve Bank of India. The new denomination has motif of Ellora Caves on the reverse. When will be available 20 rupees new note in the market? 20 rupees new … Read more
IDBI has been declared private bank. IDBI Bank Limited has been categorized private sector bank by RBI through its circular. Life Insurance Corporation of India has acquired it’s 51 percent share.