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Source: Business Standard 2 min read Last Updated : Sep 12 2024 | 3:00 PM IST After two months of consolidation in a narrow band, HDFC Bank seems well poised for a significant breakout on the daily. Recently, the Bollinger Bands contracted to its narrowest range Rs 1,620 – Rs 1,655. As of…
Source: Business Standard Photographer: Dhiraj Singh/Bloomberg 4 min read Last Updated : Sep 12 2024 | 3:27 PM IST Sensex, Nifty sudden rally today: Indian stock markets clocked a vertical rally in the last hour of trade on Thursday, September 12, 2024. The BSE Sensex zoomed 1,593 points or 2 per cent to hit…
Source: Business Standard The lender is also in separate discussions with local asset management companies to sell as much as Rs 10,000 crore of loans, Bloomberg News reported earlier | Photo: Bloomberg 2 min read Last Updated : Sep 12 2024 | 11:38 AM IST By Saikat Das HDFC Bank Ltd., India’s…
Source: Business Standard 2 min read Last Updated : Sep 10 2024 | 8:35 PM IST The Reserve Bank of India (RBI) has penalised HDFC Bank, and Axis Bank for Rs 1 crore and Rs 1.91 crore, respectively. According to an RBI press release, HDFC Bank, the country’s largest private sector lender, opened…
Source: Business Standard A car loan will help you in financial planning. (File photo) 1 min read Last Updated : Sep 05 2024 | 4:31 PM IST If you plan purchasing a new car, consider this table from Paisabazaar.com. It has key details on loans such as interest rates, EMI options, and processing fees…
Source: Live Mint HDFC Bank has revised its Marginal Cost of Lending-based interest rates (MCLR) with effect from Saturday i.e., September 7. Now, the MCLR based lending rates will be in the range of 9.10 to 9.45 percent per annum. However, only MCLR for 3-month tenure has been raised by 5 basis points. The rates…
Source: Business Standard It processes transaction values of about Rs 100-200 crore every month. Credit cards on UPI record about Rs 10,000 crore a month. 2 min read Last Updated : Aug 22 2024 | 3:46 PM IST Fintech major PhonePe on Thursday announced the launch of a credit line on the Unified Payments…
Source: Live Mint From time to time, you may get a message or email from your bank mentioning that you are eligible for an increase in the credit limit on your credit card. Some people who need a higher limit may accept the offer. Some people may ignore the message, thinking they are already using…
Source: Live Mint Prior to investing in a fixed deposit (FD), depositors tend to compare the interest rates offered by different banks so that they can choose one bank over the other. Typically, the rate of interest and the tenure of FD go hand in hand. This means the longer the FD tenure, the higher…
