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Source: Live Mint In the last few years, the cashback category has gained a lot of popularity among customers. Taking note of this trend, banks have launched cashback-specific credit cards. The HDFC Bank Millennia Credit Card is one such cashback card. What are the features and benefits of this card, the fees and eligibility criteria,…
Source: Live Mint The combined market capitalization of eight out of the top 10 most valuable companies declined by ₹3,09,244.57 crore in a holiday-shortened week, with Tata Consultancy Services (TCS) experiencing the steepest drop amid a broader bearish trend in the stock market. During the past week, the BSE Sensex plummeted by 2,112.96 points (2.80%),…
Source: Live Mint The Securities and Exchange Board of India (Sebi) believes that the concentration of weights among the top few index constituents gives rise to “fears or risks of market manipulation and /or excessive market volatility” among market participants. The regulator proposed a set of measures in a consultation paper on Monday, seeking public…
Source: Live Mint NSDL IPO: India’s largest depository, National Securities Depository Limited (NSDL), is set to launch its initial public offering (IPO) in March. The ₹3,000 crore public issue is entirely an offer for sale (OFS) of up to 5.73 crore shares. Four banking stocks—IDBI Bank, Union Bank of India, State Bank of India, and…
Source: Live Mint Banks like HDFC Bank, Axis Bank, American Express, HSBC, etc., give credit cardholders the option to transfer reward points to loyalty programs of various airlines and hotels. The loyalty points can then be used to book free flights or hotel accommodations with the respective airline or hotel group. In this article, we…
Source: Live Mint Personal loans remain a popular tool for Indians to get money in a hurry for a variety of purposes, from medical emergencies to renovating homes. With several banks and financial institutions fighting with one another, it is necessary for an individual to be aware of the prevailing situation of interest rates and…
Source: Live Mint Before starting a fixed deposit (FD), it is common for depositors to compare the interest rates offered by different banks so that they can maximise the income earned on it. Typically, banks offer high interest on their long term deposits and low when the deposit is made for a short period. A…
Source: Live Mint As we are aware that the Reserve Bank of India (RBI) cut the repo rate by 50 basis points. This may continue further in the near future as the rate cut was seen as the onset of rate cut cycle by the banking regulator. Following this, one private bank has already slashed its savings…
Source: Live Mint A loan is generally needed for living a better life and meeting immediate requirements such as education, health, home purchases etc. Hence, if you are considering an HDFC Bank personal loan here’s a comprehensive guide: What is an HDFC bank Xpress personal loan? This is an unsecured loan. That is why you…
Source: Live Mint The combined market valuation of eight of the 10 most valued domestic firms eroded by ₹2 lakh crore last week, with Reliance Industries taking the biggest hit in line with a bearish trend in the broader stock market. Equity benchmark indices Sensex and Nifty extended their downward trend to the eighth day…
