The National Payments Corporation of India (NPCI) has announced that UPI transactions over Rs 2,000 will attract a fee of 0.4 per cent from October 15. Called the Merchant Discount Rate (MDR), the fee, capped at Rs 300 per transaction, applies only to person-to-merchant (P2M) transactions. The Union Ministry of Finance has stated that banks…
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Property Management for your Rental Properties, Letting out for rent in Chennai Coimbatore India
Property Management for your Rental Properties, Letting out for rent in Chennai Coimbatore India
Property Management for your Rental Properties, Letting out for rent in Chennai Coimbatore India
The Digital Rupee (e₹), also known as eINR or e-rupee, is India’s Central Bank Digital Currency (CBDC), issued by the {Annotation: The RBI is the central bank of India and the issuer of the Digital Rupee.}. It’s a digital version of the physical Indian rupee, with the same value (1 e₹ = ₹1) and legal…
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People from different sections and professions use bank lockers to keep their valuable items and belongings, like documents and jewelry, safe and secure.
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Home loan borrowers have a big reason to cheer! The Reserve Bank of India (RBI) has cut the repo rate by a huge 50 basis points in the Monetary Policy Committee (MPC) meeting. With this, the cumulative repo rate cut since February this year stands at 100 basis points or 1%! Repo rate is the…
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