The BFSI (Banking, Financial Services, and Insurance) sector has reported a strong 15% year-on-year (YoY) growth in earnings for the second quarter (Q2), outperforming the broader Nifty index. This impressive growth is driven by...
Read MoreIf you need to withdraw your fixed deposit (FD) before the maturity date, you may be subject to a penalty. Banks in India, such as SBI, HDFC Bank, ICICI Bank, PNB, Canara Bank, Yes Bank, and Bank of India, impose penalties for...
Read MoreAccording to Zee Business, here are the general public FD rates offered by major Indian banks: * State Bank of India (SBI): 2.90% to 6.20% for general public with a minimum deposit of Rs. 1,000 and a maximum of Rs. 5 crore. *...
Read MoreThe Pradhan Mantri Jan Dhan Yojana (PMJDY) is a government-sponsored program that aims to ensure financial inclusion by providing banking services to all citizens. However, to maintain security and comply with regulatory...
Read MoreThis week, eight mutual fund NFOs will open for subscription, offering investors a range of fund options. One of these NFOs is HDFC Nifty India Digital Index Fund, a first-of-its-kind passive fund that tracks the performance of...
Read MoreICICI Bank has updated its credit card policies, effective November 15, 2024. Key changes include: * Rewards caps: Entry-level and mid-range cards have a monthly limit of Rs 40,000, while premium cards have a limit of Rs 80,000....
Read MoreThe article compares the interest rates offered by various Indian banks on fixed deposits (FDs). HDFC Bank, SBI, ICICI Bank, Canara Bank, and other banks are listed, allowing readers to compare their interest rates. The article...
Read MoreFixed Deposits (FDs) are a reliable investment option in India, offering guaranteed returns and stability. Major banks, both public and private, offer varying FD interest rates. Currently, most banks offer higher rates for...
Read MoreFixed deposit (FD) interest rates offered by public and private banks in India vary. To make an informed investment decision, it’s recommended to compare rates offered by different banks. The analysis covers top private...
Read MoreThe Pradhan Mantri Jan Dhan Yojana (PMJDY) is a government-led initiative to provide banking services to every household in the country. One of the key features of PMJDY is the Jan Dhan account, which allows individuals to open...
Read MoreThe article discusses Fixed Deposit (FD) schemes that offer interest rates of 8% or more. It highlights the importance of FDS as a low-risk investment option, particularly during times of market volatility. The article notes...
Read MoreEducation loans play a crucial role in helping individuals achieve prosperity in life. However, it is essential to carefully choose one, as students will be required to repay the loan. Education loans are one of the...
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