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Financial News
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SBI is Offering 30-40 bps concessions on Home Loan Rates Till March 31, 2023
January 30, 2023
State Bank of India (SBI) is one of the major lenders in the public sector. It has recently announced a new scheme in its exciting festive offer, "campaign rates," wherein SBI is lowering its home loan interest rates by 30 to 40 basis points. This exciting deal is valid till…
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Expectations from Union Budget 2023-24
January 24, 2023
Every year at this time, we look forward to the Honourable Finance Minister rising to present the Union Budget. The current finance minister is undoubtedly making a difference, even if most finance ministers leave their mark. As a result, we, as Indian citizens, are continually raising the bar high for…
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RBI Spikes Repo Rate by 35 Basis Points to 6.25% and Lowers GDP Forecast to 6.8%
December 07, 2022
Lately, on December 7, 2022, the Monetary Policy Committee of the Reserve Bank of India (RBI) surprised everyone with the announcement of another repo rate hike by 35 basis points to 6.25% with the mandate of immediate effect. After this fifth repo rate 2022 hike, the RBI policy has reached…
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Second Highest GST Collection in October, Clocks at 1.52 Lakh Crore
November 03, 2022
A recent notice from the finance ministry revealed GST revenue surged 16.6% to roughly INR 1.52 lakh crore in October 2022, making it the second-highest collection ever. GST revenue reached a record high in April, clocking at INR 1.68 lakh crore. On the other hand, the GST receipts in October…
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