by newsworm | Jan 28, 2025 | Au Small Finance Bank, Banking, Equitas Small Finance Bank, Jana Small Finance Bank, Suryoday Small Finance Bank, Ujjivan Small Finance Bank
Small finance banks have followed in the footsteps of major banks, increasing their fixed deposit (FD) interest rates in recent times. This increase has benefited investors, who can now earn higher interest amounts on their FD investments. Small finance banks face... by newsworm | Jan 27, 2025 | Banking, RBI, Ujjivan Small Finance Bank
Microfinance-focused lenders in India, including Ujjivan Small Finance Bank, Arohan Financial Services, and Asirvad Micro Finance, have lowered their lending rates in response to the Reserve Bank of India’s (RBI) call for a “fair, reasonable, and... by newsworm | Jan 21, 2025 | Au Small Finance Bank, 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
The Reserve Bank of India’s elevated interest rate regime has led banks to offer attractive rates on fixed deposits to attract new customers. Small finance banks, in particular, have been raising their FD rates to secure more deposits. According to a recent... by newsworm | Jan 19, 2025 | Banking, Equitas Small Finance Bank, HDFC Bank, ICICI Bank, Jana Small Finance Bank, State Bank of India, Suryoday Small Finance Bank, Ujjivan Small Finance Bank
Small finance banks are offering attractive fixed deposit (FD) rates to customers, with some offering as high as 9% interest rate on 3-year deposits. Here are 5 small finance banks that are offering high FD rates on 3-year deposits: 1. Ujjivan Small Finance Bank:... 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 4, 2025 | Banking, RBI, Ujjivan Small Finance Bank
Ujjivan Small Finance Bank has reported a 10% growth in its advances despite a 12% drop in microfinance, The Economic Times has reported. The bank’s gross advances stood at Rs 10,435 crore as of June 30, 2022, compared to Rs 9,480 crore in the corresponding...