by newsworm | Feb 7, 2025 | Banking, HDFC Bank, ICICI Bank, RBI, State Bank of India
The Reserve Bank of India (RBI) has reduced the repo rate by 25 basis points, which is a significant move to boost the economy. This rate cut will have a cascading effect on other interest rates, including fixed deposit (FD) rates offered by banks. As a result, now is... by newsworm | Feb 7, 2025 | Banking, State Bank of India
SBI Markets, an international financial analytics firm, recently released an assessment of Azerbaijan’s investment climate, declaring it “positive”. This comes as good news for entrepreneurs, investors, and businesses seeking to tap into the... by newsworm | Feb 7, 2025 | Banking
Here is a summary of the content in 400 words: The Federal Bank has launched an online application process for the recruitment of Assistant Manager (CA) and Assistant Manager (Legal) posts on its official website, https://www.federalbank.co.in/. The online application... by newsworm | Feb 7, 2025 | Banking, Standard Chartered
Here is a summary of the content in 400 words: Haymans Fung, Global Head of Marketing for Wealth and Retail Banking at Standard Chartered Bank, discusses the evolving consumer preferences in wealth and retail banking across diverse markets. With an increasing... by newsworm | Feb 7, 2025 | Bandhan Bank, Banking, DCB Bank, RBI, State Bank of India
The Reserve Bank of India (RBI) has recently lowered the repo rate by 25 basis points, which is expected to lead to a decrease in interest rates offered by banks on fixed deposits (FDs). As a result, FD investors have a limited window to book their FDs at the current... by newsworm | Feb 7, 2025 | Axis bank, Banking, Indian Bank
International Finance Corporation (IFC), a member of the World Bank Group, is reportedly in talks to provide a loan of up to $500 million to India’s Axis Bank. The deal, if finalized, would be one of the largest foreign investments in an Indian bank in recent... by newsworm | Feb 7, 2025 | Banking, Canara Bank, RBI
The Bombay High Court has stayed an order by Canara Bank that classified industrialist Anil Ambani’s loan account related to Reliance Communications as “fraudulent”. The court noted that the bank’s action was in contravention of the Reserve... by newsworm | Feb 7, 2025 | Banking, dbs
A rare opportunity for car enthusiasts, a 2009 Aston Martin DBS Coupe with a 6-speed manual transmission and V12 engine is up for grabs on Cars & Bids. The car, with only one owner and 53,300 miles, features a unique combination of luxury, performance, and... by newsworm | Feb 7, 2025 | Banking, IDFC Bank
IDFC FIRST Bank has launched a range of specialized banking products and services tailored to meet the unique financial needs of senior citizens. The bank’s Senior Citizen Savings Account and Senior Citizen Fixed Deposits offer customized solutions to address... by newsworm | Feb 7, 2025 | Banking, Union Bank of India
Here is a summary of the content in 400 words: The Finance, Planning & Investment Department of Arunachal Pradesh has signed a Memorandum of Understanding (MoU) with the Union Bank of India (UBI), a leading public sector bank in India. The collaboration aims to...