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Union Bank and SBI faced highest UPI transaction failures in December

Union Bank and State Bank of India or SBI, as indicated by National Payments Corporation of India (NPCI), are among the leading issuer banks faced with a surging failure in UPI transactions in December. According to the information, the highest…

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How Can I increase my UPI transaction limit in ICICI?

For all ICICI Bank accounts, UPI’s account limits will be decided as per the bank’s policy. ICICI Bank may change the transaction limits for UPI under National Payments Corporation of India (NPCI) upper limits as per the bank’s policy. The upper limit mandated by NPCI is Rs 1 lakh per transaction and Rs 1 lakh cumulative transaction value.…

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What is the difference between bank draft and demand draft?

Clarifying the difference between bank draft and demand draft, terms that are generally used while banking.

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How to Generate Yes Bank Debit Card PIN?

If you are using a Yes Bank debit card, the ATM or debit card PIN may need to be generated ro changed. Check out these methods for generating debit card PIN.

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Tax Collected at Source Applicable on FOREX transactions From October 2020

The Finance Act 2020 has introduced new Income Tax provisions with respect to Tax Collected at Source (TCS) on foreign remittance on all forex transactions under Liberalised Remittance Scheme (“LRS”) from 1st October, 2020.

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Canara Bank revises fixed deposit interest rates. Latest FD rates here

Canara Bank new FD interest rates are effective today The bank also slashed its MCLR by up to 30 basis points across various tenors effective 7th August Canara Bank has revised interest rates on deposits which are less than ₹2 crore…

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Income tax deduction on FD interest for senior citizens: 5 points

The deposits can be with any bank or post office or cooperative bank. Section 80TTB of Income Tax Act explains the tax benefits available to senior citizens on account of interest income from deposits. The deposits can be with any…

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Small-business guide to credit card merchant fees

Everything business owners need to know about fees, options to process credit card payments The number of fees businesses need to pay for accepting credit cards can be confusing – but we have you covered. Here’s everything you need to…

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Latest bank FD rates: SBI vs ICICI Bank vs HDFC Bank vs Bank of India

ICICI Bank has revised fixed deposit rates with effect from 7 August Here are the latest interest rates on fixed deposits offered by SBI, HDFC Bank and Bank of India Private sector lender ICICI Bank has revised fixed deposit rates…

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ICICI Bank revises fixed deposit (FD) rates.

Private sector lender ICICI Bank has revised fixed deposit rates with effect from 14 July. Many banks like State Bank of India (SBI), HDFC, Punjab National Bank (PNB), Bank of Baroda (BoB) have been lowering their deposit rates citing surplus…