by newsworm | Apr 2, 2025 | Banking, Jana Small Finance Bank, Suryoday Small Finance Bank, Utkarsh Small Finance Bank
As a senior citizen, it’s essential to make investments with your hard-earned cash in a relaxed and rewarding way. Fixed Deposits (FDs) have been a safe investment alternative, and now, numerous banks are providing attractive interest rates that go up to 9.1%...
by newsworm | Mar 30, 2025 | Banking, RBI, Suryoday Small Finance Bank
Suryoday Small Finance Bank (SSFB) has successfully completed a deal to sell a stressed loan portfolio worth ₹80.59 crores to Edelweiss Asset Reconstruction Company Ltd. (EARC). As of February 28, 2025, the principal outstanding value of the loan portfolio was ₹80.59...
by newsworm | Mar 27, 2025 | Banking, Equitas Small Finance Bank, Suryoday Small Finance Bank, Ujjivan Small Finance Bank
Retirees often rely on passive income to maintain their lifestyle after retirement, and they typically seek investment options that balance return potential with minimal risk. One popular choice is bank fixed deposits (FDs), which are perceived as stable and offer...
by newsworm | Mar 23, 2025 | Axis bank, Bandhan Bank, Banking, HDFC Bank, ICICI Bank, IDFC Bank, RBL Bank, State Bank of India, Suryoday Small Finance Bank, Ujjivan Small Finance Bank
The article highlights the struggles of banking stocks, particularly private banks that listed in the last decade. Despite being seen as having growth potential, many of these banks have underperformed the market, leading to significant losses for investors who tried...
by newsworm | Mar 15, 2025 | Banking, Equitas Small Finance Bank, ESAF Small Finance Bank, Jana Small Finance Bank, Suryoday Small Finance Bank, Ujjivan Small Finance Bank, Utkarsh Small Finance Bank
Fixed deposits (FDs) are a popular investment option for those seeking reliable, long-term returns. Small finance banks in India are offering interest rates as high as 9% for certain tenures, making them an attractive option for conservative investors who prefer to...
by newsworm | Mar 15, 2025 | Au Small Finance Bank, Banking, Equitas Small Finance Bank, ESAF Small Finance Bank, RBI, Suryoday Small Finance Bank
The Reserve Bank of India (RBI) has established a special sector of the banking industry, known as small finance banks, which aims to promote financial inclusion for underserved segments of the economy. These banks are designed to provide access to banking services...