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Source: Live Mint Muhurat Trading 2024: Indian stock exchanges are closed today, November 1, in observance of Diwali, the festival of lights. However, a special one-hour Muhurat Trading session will be held this evening to celebrate the start of the new Hindu calendar year, Samvat 2081. Scheduled from 6:00 p.m. to 7:00 p.m. IST, this…
Source: Live Mint A family from Miryalaguda lost ₹6 lakh after mistakenly transferring tuition fees to the wrong U.S. bank account over two months ago. As per a report by TOI, Dongari Chakravarthi is studying Advanced Data Analytics at the University of North Texas. His family sent $7,100 ( ₹5,99,174) for his term fees. The…
Source: Live Mint Before you invest in a fixed deposit, it is vital to compare the deposit rates offered by different banks. Here we list out the interest rates offered by different banks in both private and public sector. Meanwhile, it is important to note that depositors tend to opt for a financial institution with…
Source: Live Mint After keeping the benchmark interest rate unchanged for ten consecutive meets, Reserve Bank of India (RBI) is expected to cut the repo rate in the next monetary policy committee (MPC) meet scheduled in December. It is, therefore, recommended to lock your savings in fixed deposits (FDs) for as long as possible, argue…
Source: Live Mint State Bank of India (SBI) has revised its marginal cost of funds based lending rate (MCLR) with effect from October 15, 2024. The interest rates across all other tenures remain the same, however, MCLR for one-month tenor has been slashed from 8.45 to 8.20 per cent. Interest rate for overnight tenure stands…
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 State Bank Of India (Photo: Shutterstock) 4 min read Last Updated : Oct 08 2024 | 12:43 PM IST State Bank of India (SBI) has extended its special fixed deposit schemes, Amrit Kalash and Amrit Vrishti, until March 31, 2025. Initially set to conclude on September 30, these schemes have now…
Source: Live Mint Buy or sell: As discussed last week, both the Nifty and Bank Nifty indices were in overbought conditions, resulting in a significant correction over the past week. The Nifty index dropped by nearly 5%, closing at 25,014, while the Bank Nifty corrected by about 6%, ending at 51,462. The Federal Reserve’s decision…
Source: Business Standard 4 min read Last Updated : Oct 04 2024 | 1:14 PM IST Public sector banks shine: Shares of public sector banks (PSBs) have rallied up to 4 per cent on the National Stock Exchange (NSE) in Friday’s intra-day trade after Bank of Baroda (BOB) reported steady provisional numbers for the July…
