(This story originally appeared in on August 18, 2022) MUMBAI: The Reserve Bank of India (RBI),…
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HDFC Bank increases RD interest rates by up to 40 bps
have increased their recurring deposit Rates with its FD rates. HDFC Bank has increased the interest…
HDFC Bank hikes FD interest rate by 40 bps on this tenure
has increased Fixed deposit (FD) interest rates after a gap of two months. The bank has…
IDBI Bank stake sale: TPG, Carlyle, Fairfax tapped
The Center is understood to have approached global buyout funds and financial institutions, such as Carlyle…
Lender to Anil Ambani’s RITL, RIL inks acquisition deal
Anil Ambani-promoted lenders Reliance Infrastructure Telecom Ltd. (RITL) On completion of the acquisition two years after…
Lenders move back to domestic markets as global conditions remain volatile
It is back for Indian firms to borrow in India: foreign borrowings Q2’22 as global via…
RBI asks payment system stakeholders to submit feedback on digital payment charges
The central bank on Wednesday released a discussion paper on all the charges levied on various…
India’s microfinance institutions have Rs 33,000 crore debt despite better collections, says industry body
About 12% of the total microfinance loans of Rs 2.76 lakh crore are non-performing assets (NPA)…
Is it a bank holiday on August 18, 19 for Janmashtami?
Banks will remain closed on this occasion in some states Krishna Janmashtami Or Janmashtami on 18th,…
Ujjivan Small Finance Bank increases FD interest rates; earn 7.5% on this tenure
Ujjivan Small Finance Bank increased interest rates on Fixed deposit Effective August 9, 2022. FDs for…