Fixed Deposits In Small Finance Banks Fetch Interest At These Rates
Business | NDTV Profit Team | Friday March 22, 2019
Small finance banks, such as Ujjivan, Equitas, Utkarsh, Jana and Capital, offer interest at the rate of 5-9 per cent on fixed deposits up to Rs 2 crore, according to their websites. Whilesmall finance banksoffer maturities comparable with those in fixed deposits in major commercial banks, the interest ratespaid by the small finance banks are often ...
IL&FS Unit Misses Payment Due To "Insufficient Funds"
Business | Thomson Reuters | Thursday March 21, 2019
IL&FS Transportation Networks is a subsidiary of debt-laden Infrastructure Leasing and Financial Services Ltd (IL&FS), which the government took control of in October, citing the need to protect the country's financial system and markets from a potential collapse.
Post Office Small Savings Schemes: Interest Rates, Minimum Investment And Other Key Details
Business | NDTV Profit Team | Thursday March 21, 2019
From savings to fixed deposit and recurring deposit, the post office today offers several types of investment options to the retail customer. For the current quarter, the government provides interest at the rate of 4-8.7 per cent on investment or deposit held in these small savings schemes, according to India Post.
RBI Governor Shaktikanta Das Says New Liquidity Tool Well Received
Business | Thomson Reuters | Tuesday March 19, 2019
RBI last week said it will conduct a first such auction of $5 billion for a tenure of three years on March 26, to mop up dollars and pump in rupees.
Economists Raise Concerns Over Growth Slowdown With RBI Chief Shaktikanta Das: Report
Business | Thomson Reuters | Tuesday March 19, 2019
Neither RBI Governor Shaktikanta Das nor any RBI official from the monetary policy department gave any indication of their thoughts or views, as is typical in such big-group meetings. Slowing growth has hit the government's tax collections, constraining its ability to substantially boost spending ahead of elections.
RBI Officials Meet Bankers, Seek Feedback On New Liquidity Tool: Report
Business | Thomson Reuters | Monday March 18, 2019
There were some speculations that the RBI had timed the move to also absorb potential bunched-up forex inflows at March-end.
LIC May Propose 3-5 Years Time For Stake Cut In IDBI Bank
Business | Indo-Asian News Service | Sunday March 17, 2019
LIC holds 51 per cent stake in IDBI Bank under a specific permission from Irdai, but under the condition that it will bring it down.
IDBI Bank Staff Seek Option To Shift To Other Private Sector Banks: Report
Business | Indo-Asian News Service | Saturday March 16, 2019
In January, the Life Insurance Corporation (LIC) completed the process of picking up a controlling 51 per cent stake in IDBI Bank.
SBI Car Loan Scheme: Interest Rate, Maximum Amount Offered, Key Features
Business | NDTV Profit Team | Saturday March 16, 2019
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...
Allahabad Bank To Raise Rs 500-600 Crore Next Fiscal
Business | Indo-Asian News Service | Friday March 15, 2019
This comes close on the heels of its coming out from the prompt corrective action (PCA) framework of the Reserve Bank of India.
Public Sector Banks May Raise Own Capital Till June: Report
Business | Indo-Asian News Service | Friday March 15, 2019
In February, the government approved Rs 48,239 crore recapitalisation bonds for 12 PSBs.
SBI ATM Card Rules: Cash Withdrawal Limits, Transaction Charges, Other Details
Business | NDTV Profit Team | Thursday March 14, 2019
The user can register for IMPS or Inter-mobile Mobile Payment System service at State Bank of India ATMs.
Post Office Internet Banking Facility: How To Register, Services Offered, Key Details
Business | NDTV Profit Team | Wednesday March 13, 2019
POSB account holders can also transact, open, close an RD account and fixed deposit (FD) accounts via the India Post internet banking facility.
Uday Kotak's Wealth Grows Amid Tussle With RBI: Report
Business | Indo-Asian News Service | Tuesday March 12, 2019
The founder of Mumbai-based Kotak Mahindra Bank has seen his wealth nearly triple since March 2014
SBI Offers These Types Of Home Loans
Business | NDTV Profit Team | Monday March 11, 2019
SBI home loan: Home loan is a product, where customers take loan to buy or renovate house against the same property as collateral.
Naina Lal Kidwai Explains Budget's Direct Cash Transfer Relief To Farmers
Feb 1, 2019
Sensex Gains Over 100 Points, Nifty Above 10,900
Jan 17, 2019
Sensex Falls Over 80 Points, Nifty Slips Below 10,830
Jan 10, 2019
In Marathon Meeting, RBI Moves To Address Centre's Concerns
Nov 19, 2018
IL&FS के दिए लोन की रिकवरी ख़तरे में
Oct 3, 2018
"Catastrophic Impact" Of IL&FS Meltdown, Government Warned In Sunday SOS
Oct 3, 2018
Government Takes Over Debt-Ridden IL&FS, Uday Kotak On New Board
Oct 1, 2018
Won't Allow Beleaguered IL&FS To Collapse, Says Life Insurance Corporation
Sep 25, 2018
Sensex Dives Over 500 Points As Steps To Lift Rupee Fail To Cheer Street
Sep 17, 2018
Fixed Deposits In Small Finance Banks Fetch Interest At These Rates
Business | NDTV Profit Team | Friday March 22, 2019
Small finance banks, such as Ujjivan, Equitas, Utkarsh, Jana and Capital, offer interest at the rate of 5-9 per cent on fixed deposits up to Rs 2 crore, according to their websites. Whilesmall finance banksoffer maturities comparable with those in fixed deposits in major commercial banks, the interest ratespaid by the small finance banks are often ...
IL&FS Unit Misses Payment Due To "Insufficient Funds"
Business | Thomson Reuters | Thursday March 21, 2019
IL&FS Transportation Networks is a subsidiary of debt-laden Infrastructure Leasing and Financial Services Ltd (IL&FS), which the government took control of in October, citing the need to protect the country's financial system and markets from a potential collapse.
Post Office Small Savings Schemes: Interest Rates, Minimum Investment And Other Key Details
Business | NDTV Profit Team | Thursday March 21, 2019
From savings to fixed deposit and recurring deposit, the post office today offers several types of investment options to the retail customer. For the current quarter, the government provides interest at the rate of 4-8.7 per cent on investment or deposit held in these small savings schemes, according to India Post.
RBI Governor Shaktikanta Das Says New Liquidity Tool Well Received
Business | Thomson Reuters | Tuesday March 19, 2019
RBI last week said it will conduct a first such auction of $5 billion for a tenure of three years on March 26, to mop up dollars and pump in rupees.
Economists Raise Concerns Over Growth Slowdown With RBI Chief Shaktikanta Das: Report
Business | Thomson Reuters | Tuesday March 19, 2019
Neither RBI Governor Shaktikanta Das nor any RBI official from the monetary policy department gave any indication of their thoughts or views, as is typical in such big-group meetings. Slowing growth has hit the government's tax collections, constraining its ability to substantially boost spending ahead of elections.
RBI Officials Meet Bankers, Seek Feedback On New Liquidity Tool: Report
Business | Thomson Reuters | Monday March 18, 2019
There were some speculations that the RBI had timed the move to also absorb potential bunched-up forex inflows at March-end.
LIC May Propose 3-5 Years Time For Stake Cut In IDBI Bank
Business | Indo-Asian News Service | Sunday March 17, 2019
LIC holds 51 per cent stake in IDBI Bank under a specific permission from Irdai, but under the condition that it will bring it down.
IDBI Bank Staff Seek Option To Shift To Other Private Sector Banks: Report
Business | Indo-Asian News Service | Saturday March 16, 2019
In January, the Life Insurance Corporation (LIC) completed the process of picking up a controlling 51 per cent stake in IDBI Bank.
SBI Car Loan Scheme: Interest Rate, Maximum Amount Offered, Key Features
Business | NDTV Profit Team | Saturday March 16, 2019
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...
Allahabad Bank To Raise Rs 500-600 Crore Next Fiscal
Business | Indo-Asian News Service | Friday March 15, 2019
This comes close on the heels of its coming out from the prompt corrective action (PCA) framework of the Reserve Bank of India.
Public Sector Banks May Raise Own Capital Till June: Report
Business | Indo-Asian News Service | Friday March 15, 2019
In February, the government approved Rs 48,239 crore recapitalisation bonds for 12 PSBs.
SBI ATM Card Rules: Cash Withdrawal Limits, Transaction Charges, Other Details
Business | NDTV Profit Team | Thursday March 14, 2019
The user can register for IMPS or Inter-mobile Mobile Payment System service at State Bank of India ATMs.
Post Office Internet Banking Facility: How To Register, Services Offered, Key Details
Business | NDTV Profit Team | Wednesday March 13, 2019
POSB account holders can also transact, open, close an RD account and fixed deposit (FD) accounts via the India Post internet banking facility.
Uday Kotak's Wealth Grows Amid Tussle With RBI: Report
Business | Indo-Asian News Service | Tuesday March 12, 2019
The founder of Mumbai-based Kotak Mahindra Bank has seen his wealth nearly triple since March 2014
SBI Offers These Types Of Home Loans
Business | NDTV Profit Team | Monday March 11, 2019
SBI home loan: Home loan is a product, where customers take loan to buy or renovate house against the same property as collateral.
Naina Lal Kidwai Explains Budget's Direct Cash Transfer Relief To Farmers
Feb 1, 2019
Sensex Gains Over 100 Points, Nifty Above 10,900
Jan 17, 2019
Sensex Falls Over 80 Points, Nifty Slips Below 10,830
Jan 10, 2019
In Marathon Meeting, RBI Moves To Address Centre's Concerns
Nov 19, 2018
IL&FS के दिए लोन की रिकवरी ख़तरे में
Oct 3, 2018
"Catastrophic Impact" Of IL&FS Meltdown, Government Warned In Sunday SOS
Oct 3, 2018
Government Takes Over Debt-Ridden IL&FS, Uday Kotak On New Board
Oct 1, 2018
Won't Allow Beleaguered IL&FS To Collapse, Says Life Insurance Corporation
Sep 25, 2018
Sensex Dives Over 500 Points As Steps To Lift Rupee Fail To Cheer Street
Sep 17, 2018
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