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Homec > Banking

Banking

Bank rates: RBI says several factors still obstructing money transmission
The external benchmark system has incentivised banks to adjust their term as well as saving deposit rates as lending rates undergo frequent adjustment
Uday Kotak lists five focus areas for India
The five things are vaccination, healthcare capacity for managing a potential third wave of the pandemic, schooling, jobs and structural inflation
FD: Check which bank offers best rates to senior citizens
SBI, HDFC Bank, Bank of Baroda & ICICI Bank had recently extended deadline of the senior citizens special fixed deposit schemes by another 3 months
LIC Housing issues clarification on preferential share
LIC Housing Finance had fixed the issue price for the shares at Rs 514.25 apiece to LIC on a preferential basis.
Millennials, medical emergencies drive P2P lending
The study took into account annual data of 4 lakh users to analyse key trends in the P2P lending industry
'Lenders restore banking services to crypto exchanges'
We appreciate the RBI’s speedy response and continue to work with our banking partners, says Sumit Gupta, CEO and co-founder, of CoinDCX
Money lending gets a millennial makeover via this app
SaveIN, launched in April, allows users to lend and borrow money among their trusted circle of friends, family and acquaintances
Top-9 free benefits with a savings bank account
Debit card users are also eligible to get attractive free benefits from banks.
Needed: Confidence building measures for FDs
The government and banks must ensure that the humble fixed deposit doesn’t become an endangered investment instrument in the future.
ICICI Bank, IDBI Bank hike fixed deposit interest rates
ICICI Bank hiked interest rates by 15 to 25 basis points on FDs while IDBI Bank raised it by 5 to 10 points

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