RBI Announces Cash Deposit Facility Via UPI, No Need Of ATM Card Now, Check Details

The Reserve Bank of India Governor Shaktikanta Das on Friday announced a proposal for a new UPI-based cash deposit facility. This announcement came during the unveiling of the first monetary policy statement for the fiscal year 2024-25. UPI has primarily been used for peer-to-peer transactions, bill payments, merchant transactions and other digital payments. Now, with…

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EPF Interest Rate: How To Calculate Interest On Your EPF Account

The Employees’ Provident Fund (EPF) is a retirement savings scheme supported by the Central government, accessible to all salaried employees and private sector workers. Each month, an employee contributes 12 percent of their basic salary and dearness allowance towards EPF savings, with the employer matching this contribution. The Employees’ Provident Fund (EPF) interest rate is…

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