by newsworm | Jan 21, 2025 | Banking, RBI, RBL Bank
RBL Bank, a private sector lender in India, has reported a significant decline in its net profit for the third quarter (Q3) of the current financial year. The bank’s net profit has slumped by 86% to ₹64 crore (approximately $8.3 million) from ₹467 crore... by newsworm | Jan 19, 2025 | Banking, IndusInd Bank, RBL Bank
Private banks in India are facing challenges in the microfinance segment, with Kotak Bank and RBL Bank reporting higher defaults in this area. Kotak Bank’s consolidated net profit for the quarter ended December 2024 increased by 10% to Rs 4,701 crore, while its... by newsworm | Jan 19, 2025 | Banking, RBL Bank
RBL Bank, one of India’s fastest-growing private sector banks, has reported a significant decline in its net profit for the quarter ended December 31, 2022. According to the bank’s quarterly results, the net profit has dropped by 86% to Rs 33 crore... by newsworm | Jan 17, 2025 | Bandhan Bank, Banking, DCB Bank, Equitas Small Finance Bank, IDFC Bank, RBL Bank, Standard Chartered, Suryoday Small Finance Bank, Ujjivan Small Finance Bank, Utkarsh Small Finance Bank
Small finance banks are now offering higher interest rates on fixed deposits (FDs) compared to private and government banks. According to the data provided on Paisabazaar, there are at least 11 banks that are currently offering 8% or more interest on deposits. Here... by newsworm | Jan 17, 2025 | Bandhan Bank, Bank of Maharashtra, Banking, Canara Bank, Central Bank of India, Equitas Small Finance Bank, IDFC Bank, Jana Small Finance Bank, RBL Bank, Standard Chartered, Suryoday Small Finance Bank, Utkarsh Small Finance Bank
Here is a summary of the article in 400 words: The interest rates on Fixed Deposits (FDs) in India have recently increased, with a significant number of banks offering attractive rates. Small finance banks have been leading the way, offering higher rates compared to... by newsworm | Jan 12, 2025 | Banking, Indian Bank, RBL Bank, State Bank of India
The Super Senior Citizen Fixed Deposit scheme is a unique investment opportunity offered by some banks, including State Bank, PNB, Indian Bank, and RBL, for individuals above 80 years of age. This scheme provides higher interest rates compared to regular senior...