The FinTech Hub
Source: Live Mint Union Finance Minister Nirmala Sitharaman recently hinted at the need to cut interest rates for the sake of growth. In a covert hint, which can be construed as a nudge, she hoped for the lending rates to be more affordable. At an SBI event held in Mumbai on Monday, Ms Sitharaman said…
Source: Live Mint If you are planning to lock your savings in a fixed deposit (FD), it is reasonable to check the interest rates offered by different banks. Although most depositors prefer to open a term deposit account with a bank with which they share a long-term banking relationship, one can consider opting for a…
Source: Live Mint Bank of Baroda has rolled out BOB Utsav Deposit Scheme which has a 400-day tenure. The state lender offers an interest of 7.30 percent for the general public on this special deposit scheme. Interest rates for senior citizens Senior citizens are entitled to receive an extra 50 basis points i.e., 7.80 percent on…
Source: Business Standard Stock Market, BSE, Nifty, Capital(Photo: Shutterstock) 2 min read Last Updated : Sep 25 2024 | 6:33 AM IST Nifty ended on a flat note in a volatile session on September 24 after crossing 26,000 for the first time. At close, Nifty was up 0.05 per cent or 11.8 points at 25,950.9….
Source: Live Mint Stock Market News: On Friday, the domestic benchmark indices, Sensex and Nifty 50, reached all-time highs and recorded weekly gains following a substantial interest rate cut by the US Federal Reserve earlier in the week, which stimulated investor risk appetite in global markets. The Nifty 50 climbed 1.48% to 25,790.95, while the…
Source: Live Mint When you are on a lookout for bank fixed deposits (FD), one of the key things that you zero in on is the highest rate of interest offered by different banks. While the general thumb rule is that the banks tend to offer higher interest rates for long duration deposits and lower…
Source: Business Standard 4 min read Last Updated : Sep 09 2024 | 12:14 PM IST Shares of public sector banks (PSBs) are down for the second straight day, falling by up to 4 per cent on the National Stock Exchange (NSE) in Monday’s intra-day trade. Shares of PSBs extended their Friday’s decline after Goldman…
