Domestic equity benchmarks (Sensex and Nifty) surged along with the Indian rupee (INR) on the back of strong foreign fund inflows. The Nifty 50 index reclaimed its crucial psychological level of 11,500 as both the indexes continue to trade at over six month highs. The foreign institutional investors have been buying shares since the start of this m...
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The SGX Nifty or Nifty futures traded on Singapore Exchange rose 0.23 per cent or 26 points to 11,500.
Leading banks such as State Bank of India, Punjab National Bank, HDFC Bank and ICICI Bank have fixed their monthly average balance
Country's largest lender State Bank Of India (SBI) offers car loan scheme with a repayment tenure of up to 7 years, according to its website- sbi.co.in. This type of loan can be used to buy all type of passenger cars, multi utility vehicles and SUVs (Sports Utility Vehicle). No pre-payment penalty and advance EMI (equated monthly instalments) is re...
This comes close on the heels of its coming out from the prompt corrective action (PCA) framework of the Reserve Bank of India.
Some fixed deposits come with a premature withdrawal facility while some require a compulsory lock-in period.
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