There are 7 key rules one can follow to ensure that the chances of such fraud are almost reduced to a negligible level when shopping online, says Anil Rego
At an aggregate level, the late ace investor's portfolio that was valued at Rs 32,445 crore as on March 31, 2023 is now worth Rs 35,979 crore.
Highly-rated finance firms and housing finance companies are expected to benefit from the absence of Housing Development Finance Corp (HDFC) from the bond market once it merges with the HDFC Bank in early FY24. Post merger, the bond market is expected to become less crowded, which will ease fund raising conditions for other players in the field. It may perhaps also compress the spread for debt instruments floated by housing finance companies (HFCs) over 10-year government bonds, subject to demand and supply conditions.
Missing the deadline for filing Income Tax returns can lead to consequences.
In India, it is not easy to fight it out with the large banks which are nimble-footed and technology-savvy and are continuously innovating on the retail turf with newer products for customer acquisition.
Mumbai is the only Indian city in the top 30 cities in the world for multi-millionaires.
'I've spent a fair bit of time here in Bangladesh and at this ground and it definitely helps to have a little bit of experience.'
Images from Day 5 of the first Test between India and New Zealand, at Green Park in Kanpur, on Monday.
Some of India's best-known royals gathered in New Delhi to watch the final of the Sir Pratap Singh Polo Cup, which is named after Sir Pratap Singh, the man credited with the foundation of modern polo in India.
Under the Goods and Services Tax, effective midnight of June 30, most of the financial services would attract a higher tax of 18 per cent as against 15 per cent as of now.
Stretchered off the field due to a career-threatening back injury against the same opponents at the same venue four years back, Hardik Pandya feels a "sense of achievement" after guiding India to a five-wicket win over Pakistan in their Asia Cup opener in Dubai on Sunday.
Co-signing a loan is a huge responsibility and can impact you greatly. Here's what you need to know before your generous streak gets the better of you!
Madhya Pradesh pacer Avesh Khan, who earned a national call-up for the T20 series against New Zealand on Wednesday said that his dream to represent the country has been fulfilled.
The difference between what the banks play in the US and India is not that of soccer and football but rugby and football. SVB also has a unique character. But when risks are mispriced, the fallout could be very similar, points out Tamal Bandyopadhyay.
India captain Rohit Sharma on Friday said his team was not brave and lacked application in the third Test against Australia in Indore.
Unadkat, who led the team to three premier domestic titles across formats in as many years, said 'this decade and era belongs' to Saurashtra.
'I am particularly happy that an Indian has done such a superb job as the coach because people always talk about foreign coaches, but Shastri has dashed all those views.'
Root believed his side were competitive during the series but India 'out-skilled' them at crunch moments.
Finance Minister Nirmala Sitharaman on Friday said the government is proposing additional tax deduction of Rs 1.5 lakh on interest paid on home loans taken up to March 2020 for purchase of house up to Rs 45 lakh.
In a mixed bag for HDFC Bank ahead of the parent HDFC's merger with itself, the Reserve Bank of India has declined to make exceptions on certain aspects, and has offered some leeway on others. The country's largest private sector lender, which is aiming to conclude the merger with the home finance major by July, had written to the central bank seeking certain forbearances after announcing the $40-billion merger in April last year. In an exchange filing this evening, HDFC Bank said it received a response from RBI on Thursday and also said that there are a few pending issues.
The entire operation was meant to have a chilling effect on independent journalists, those not completely subservient to the regime, the small section still doing what the Fourth Estate should do -- raising questions to those in power.
Will your home loan rates drop now that the RBI has signalled the onset of lower interest rates after 0.25 per cent cut in repo rate and CRR?
The pitch drawing flak from former players like Vaughan, though Gavaskar credited the Indian spinners rather than blaming the surface.
Linking all new floating rate loans to an external benchmark won't impact existing borrowers, so customers who have taken long-term home loans recently should watch things carefully, say Joydeep Ghosh and Sanjay Kumar Singh.
The average time lag between the date of occurrence of a fraud and its detection is 23 months; for large frauds (Rs 100 crore and above), it was 57 months.
Finance Minister P Chidambaram on Wednesday asked public sector banks not to increase interest rates for home loans up to Rs 30 lakh (Rs 3 million) and lend more to consumers even as the Reserve Bank of India is trying to moderate credit growth to contain inflation.
'I am happy with my batting. I have kept my approach quite similar. I am happy with how I am going. I know a big score is around the corner.'
Ravichandran Ashwin said his plan to lure the Australian batters to play the drive and induce mistakes on a slow Nagpur pitch worked to perfection in the Nagpur Test.
If Mr Modi is to be blamed for the post-Godhra riots, he should also be given credit for maintaining peace after the Akshardham and Ahmedabad terror attacks. The BBC will never tell you that, points out Colonel Anil A Athale (retd).
PEs and VCs are taking a closer look at their bouquet of investments. Leading voices in the sector are categorical that cash-burn rates -- that's blowing up equity to acquire market share -- as a business model can't continue to be the polestar.
Servicing two EMIs will substantially reduce tax benefits on second flat.
Listed housing finance companies (HFCs), as a group, posted a 3.7 per cent drop in second-quarter (Q2) profit year-on-year (YoY) to Rs 5,830 crore and 19 per cent sequentially on rise in interest expenses and uptick in provisions and write-offs. Operating income rose 13.7 per cent YoY to Rs 54,086 crore in Q2 of 2022-23 (FY23). Sequentially, income was up 62.3 per cent, from Rs 33,331 crore in the first quarter (Q1) of 2021-22 (FY22).
Private sector lender ICICI Bank has revised its external benchmark lending rate (EBLR) to 8.10 per cent, and state-owned Bank of Baroda has raised the rate to 6.90 per cent with immediate effect after the RBI hiked the key repo rate. Likewise, two other public sector banks -- Bank of India and Central Bank of India -- have also raised the repo linked lending rate. In an out of turn Monetary Committee Meeting (MPC), the Reserve Bank on Wednesday announced to hike the benchmark repo rate -- the short term lending rate it charges to banks -- by 0.40 per cent to 4.40 per cent with immediate effect, aimed at taming the rising inflation caused by the global geopolitical situation.
The legendary Sunil Gavaskar said the Test series triumph in Australia last year ranks among the team's 'greatest wins' of all time and can be considered a golden chapter in the country's cricket history.
A 75-year-old French actor has alleged she is being held "hostage" in her house at Calangute in North Goa since earlier this week over a property dispute and finds herself in a "dangerous situation".
Be wary of co-operative banks which have historically been most vulnerable.
The estimated cost breakdown is one of the most important forms in the construction loan package.
The bank has increased its spreads or mark-up over base rate paid by a borrower by 0.10 per cent.
According to a 2021 Redseer report, India's overseas education market is estimated to more than double to $80 billion by 2024.
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