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Source: Live Mint Before investing in a fixed deposit (FD), it is common, and even advisable, for investors to look for banks or financial institutions which offer highest interest rates on their deposits. Although it is common for banks to offer higher rates for long-duration deposits, one can still opt for short-term deposits to meet…
Source: Live Mint If you are planning to open a fixed deposit (FD) account, it is advisable to first compare the interest rates offered by different banks. Although depositors tend to opt for the bank with which they share a long-term relationship, they can still choose a bank that gives them a higher rate of…
Source: Business Standard 1 min read Last Updated : Oct 09 2024 | 6:45 PM IST The Securities and Exchange Board of India (Sebi) has approved the appointment of Vijay Chandok as the managing director and chief executive officer (MD & CEO) of National Securities Depository (NSDL), the country’s largest depository. Chandok currently…
Source: Live Mint Motilal Oswal Financial Services (MOFSL), in its latest report, said that Q2 will see the slowest earnings growth for Nifty companies in 17 quarters, caught between tailwinds and headwinds. After four years of robust double-digit growth, the slowdown in corporate earnings is expected due to pressures from commodity prices, diminishing tailwinds from…
Source: Business Standard 2 min read Last Updated : Oct 07 2024 | 3:47 PM IST HDFC Bank has raised its marginal cost of funds based lending rate (MCLR) by 5 basis points (bps) on select tenures, effective October 7. Consequently, HDFC Bank’s MCLR now ranges from 9.10 per cent to 9.50 per cent,…
Source: Business Standard Markets faced heavy drubbing last week amid worsening tensions in the Middle East and foreign fund outflows | (Photo: Shutterstock) 2 min read Last Updated : Oct 06 2024 | 10:07 AM IST Nine of the top-10 most valued firms together lost a whopping Rs 4,74,906.18 crore in market valuation last…
Source: Business Standard HDFC Bank on Friday said that the sequential rise in deposits outpaced loan growth. (Photo: Shutterstock) 2 min read Last Updated : Oct 04 2024 | 10:03 AM IST India’s biggest private lender HDFC Bank on Friday said that the sequential rise in deposits outpaced loan growth in the fiscal second…
Source: Business Standard HDFC Bank said on Friday its deposit growth for the second quarter of the financial year (Q2 FY25) has outpaced its credit growth on a sequential basis. The bank reported a 5.1 per cent growth in deposits compared to Q1FY25, while its advances during the same period rose by 1.3 per cent,…
Source: Live Mint If you are planning to get a credit card, then it is important to note that there are plenty of them to go for. Some credit cards offer travel reward points, while a few are good if you love to dine outside. Few are good for the moviegoers, while others are good if…
Source: Live Mint HDFC Bank shares witnessed a major block deal transaction on October 3, a day when the Indian stock market crashed with the benchmark indices, Sensex and Nifty 50 falling over 2% each. On Thursday, Morgan Stanley and Citigroup bought private sector lender HDFC Bank shares for over ₹755 crore through open market…
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