Many rules are being changed during the ongoing lockdown amid the Corona crisis. Some rules are giving you relief and some changes are affecting your pocket. Many things have changed around you since today. Some rules have changed, which is very important for you to know. Let's know about some rules that will change from June 10 and know how these rules will affect your earnings and your pocket.
order to attract more interest deposits on savings account deposits, Equitas Small Finance Bank on Tuesday increased the interest rate on savings account. Equitas Small Finance Bank has increased the interest rate on deposits from Rs 1 lakh to Rs 5 crore from 5.5 percent to 7 percent annually. The new rates will come into effect on 10 June.
SBI has reduced the interest rate
SBI has cut the 25% basis point in the basic cost of funds based lending rates (MCLR). After this, the one-year MCLR has come down to 7 percent. The new rates will be applicable from 10 June 2020. SBI's interest rate reduction will benefit the borrowing customers in the form of low EMI. If a customer has taken a loan of 25 lakh rupees for 30 years from SBI, then a reduction in MCLR will require an EMI of Rs 421 less per month.
Chinese goods The Confederation of All India Traders (CAIT) is going to start a big campaign from today on boycott of Chinese goods. Under which more than 7 crore small retailers will not import new after the current stock of foreign products is exhausted. CAIT has prepared a list of 3000 goods produced by China, including soaps, toothpastes, home appliances, toys, etc. It has been said by CAT that our aim is to reduce the import of Chinese goods by about Rs 1.5 lakh crore by December 2021.
Renewed Letter of Interest for
Jet Airways Insolvency Solutions professionals of Jet Airways sought fresh letter of interest (EOI) from today for the closed airline. EOI has been invited for the fourth time for Jet Airways, which was closed last year. According to a public document, the last date for submission of bid documents is May 28 and the final list of potential solution applicants will be released on June 10.
Cheap liquor in
Delhi The 70 percent special corona fee imposed on liquor in Delhi will be removed but VAT has been increased from 20% to 25%. The new rates will be effective from today. The wine will be cheaper than it is today but a little more expensive than the days before Corona.