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Source: Live Mint Reserve Bank of India’s monetary policy committee (MPC) on Wednesday slashed repo rate by 25 basis points for the second consecutive time. With repo rate now lower by 50 basis points to 6 percent per annum, banks are expected to cut down fixed deposit (FD) interest rates sooner than later. It is,…
Source: Live Mint When you raise a personal loan, banks tend to charge what are known as processing charges. This is generally a small amount which the borrower has to pay to the lender for processing of loan. These charges are deducted from the loan amount and only the reduced amount (loan minus processing charges)…
Source: Live Mint In the holiday-shortened week, nine out of the ten most valued companies collectively lost ₹2,94,170.16 crore in market capitalization, with Tata Consultancy Services (TCS) suffering the steepest decline amid a broader downturn in domestic equity markets. During the same week, the BSE Sensex dropped by 2,050.23 points (2.64%), and the NSE Nifty…
Source: Live Mint In December 2024, total number of credit cards was 108.06 million, a 10.4 percent year-on-year increase as compared to Dec 2023, shows a report by Worldline India. The report further reveals that top five issuers of credit cards were HDFC Bank, State Bank of India (SBI), ICICI Bank, Axis Bank and RBL…
Source: Live Mint Here’s a quick look at stocks likely to be in focus in today’s trade. Bajaj Finance reported a strong performance for the fourth quarter of FY25, with its assets under management (AUM) rising 26 percent year-on-year to ₹4.17 lakh crore as of March 31, 2025. The company added approximately ₹18,700 crore to…
Source: Live Mint Dividend Stocks 2025: Tata Consultancy Services Ltd, Infosys Ltd, HDFC Bank Ltd, ICICI Bank Ltd, HCL Technologies’ Ltd are 5 stock that remain in focus as will declare interim dividend in April Dates to consider dividends Tata Consultancy Services Ltd or TCS on Friday 28 March 2025 has intimated the exchanges about…
Source: Live Mint The summer season is in full swing. With kids having a break from school, you must be planning your annual family vacation. To help you just do that with some additional benefits, HDFC Bank has come up with a spend-based offer on its Marriott Bonvoy HDFC Bank Credit Card. In this article,…
Source: Live Mint If you need to pay a large expense on your HDFC Bank credit card, one of the best ways to manage the expense over a period of time is to convert the credit card purchases to Equated Monthly Installments (EMI). HDFC Bank offers SmartEMI facility to cardholders wherein eligible transactions can be…
Source: Live Mint The surge also comes exactly five years after India imposed a nationwide pandemic lockdown, a day when the Nifty saw losses since the start of the month touch 33%. On Monday, the Nifty rose 1.32% to 23,658.35, while the Sensex rallied 1.4% to 77984.38. However, the Sensex fell short of erasing its…
Source: Live Mint The combined market capitalization of nine out of the top 10 most-valued companies surged by ₹3,06,243.74 crore last week, driven by a bullish trend in equities. ICICI Bank and Bharti Airtel emerged as the biggest gainers. During the same period, the BSE benchmark index jumped 3,076.6 points (4.16%), while the NSE Nifty…
