Axis Bank Q3 results: Net profit rises 61.9% to Rs 5,853 crore Indian private lender Axis Bank Ltd on Monday reported a 61.9% rise in quarterly profit, as strong loan growth boosted interest income. Net profit rose to 58.53 billion Indian rupees ($719.53 million) in the three months ended Dec. 31 from 36.14 billion rupees ...

Tax-saving FD: 5 banks offering highest interest rates on tax-saving fixed deposits [ad_1] [ad_2]

Latest NRE FD interest rates: SBI Vs HDFC Bank Vs ICICI Bank Vs Federal Bank vs PNB [ad_1] Non Resident Indians (NRIs) can open Non Resident External (NRE) fixed deposit accounts with any of the top banks in India. These accounts are maintained in Indian Rupees, and you can avail loan or overdraft on the same. Interest earned on NRE ...

India’s central bank likely buying dollar after rupee rose above 81.125/$ MUMBAI (Reuters) – India’s central bank likely bought dollars via state-run banks to prevent the rupee from appreciating significantly above the 81 psychological level, three traders told Reuters. The rupee was last quoted at 81.125 per U.S. dollar after climbing to 80.89 in early ...

Mutual Fund Guide: How to invest in a direct mutual fund scheme [ad_1] [ad_2]

Canara Bank reports 92% rise in net profit in Q3FY23, NPAs fall to 5.89% Canara Bank on Monday reported a 92 per cent jump in its net profits in the third quarter of the current financial year (Q3FY23). The profits stood at Rs 2,881 crore, as compared to Rs 1,502 crore in the same quarter last year. ...

Bank Holiday Today: Is it a bank holiday today for Subhash Chandra Bose’s birth day? [ad_1] The Reserve Bank of India releases a list of state-specific bank holidays each year. From state to state, these holidays differ. Banks in West Bengal are closed on Monday, January 23, 2023, as it marks the birthday of Netaji Subhas Chandra Bose. Netaji, who ...

Phygital – The new normal of investing [ad_1] Expenses have increased, and one’s income is no longer adequate. At such a time, the stock market seems like a whole new field of opportunity. However, investments are trickier than they seem, and a novice would need the assistance of a broking house on whom they can rely for advice and research, ...

Home Loan Repayment: 3 ways to repay a home loan quickly by making changes in the payment cycle [ad_1] Ways to pay back home loan quicklyHome loan EMI is usually one of the largest outgoes for individuals on a monthly basis. With rising interest rates scenario leading to higher EMIs or longer payment period, it makes the situation even more ...

HDFC to raise at least Rs 30 billion through issue of 10-year bonds MUMBAI (Reuters) – India’s Housing Development Finance Corp plans to raise at least 30 billion rupees ($370.5 million) through the sale of bonds maturing in 10 years, three merchant bankers said on Monday. The housing finance company has invited coupon and commitment ...