In the New Year, several finance-related changes are taking place. Here, we provide a brief overview of some of the major adjustments as 2024 approaches.
Yearender 2023: From launching the UDGAM portal for unclaimed deposits to instructing banks on timely return of property documents to borrowers, the central bank initiatives made life easy for bank customers. RBI’s stance on interest rates will be keenly watched in 2024, with some market watchers expecting reduction in rates from the second half of next year.
From a revised locker agreement and new rules for mutual fund investments in minors names to SEBI inviting comments on total expense ratio and applying for higher pension on actual salary, here’s what to watch out for.