UCO Bank Q3 profit more than doubles to Rs 653 cr on decline in bad loans UCO Bank on Tuesday reported more than two-fold jump in profit at Rs 653 crore for the quarter ended December 2022, driven by increase in interest income and decline in bad loans. Its net profit stood at Rs 310 ...

HDFC Bank FD interest rate: HDFC Bank hikes FD interest rate on this tenure; senior citizens can earn up to 7.75% [ad_1] HDFC Bank has increased the interest rate on fixed deposits of less than Rs 2 crore on one select tenure. According to the bank’s official website, the new rates are effective from January 24, 2023. Following the hike, ...

PSU Bank FD Interest Rates: 5 PSU, private banks offering more than 8% FD interest rate for senior citizens [ad_1] In tandem with the Reserve Bank of India repo rate hikes, many banks have been increasing the interest rates on fixed deposits. Though banks are in a rate hike spree and pass the benefits to customers, there are only few ...

US-based crypto exchange Gemini to lay off 10% workforce, says report US-based crypto exchange Gemini said that it will lay off 10 per cent of its workforce, citing “bad actors” in the crypto industry, the media reported. It’s at least the third round of cuts at Gemini in the past eight months. In a ...

Can you still access locker if agreement was not submitted to bank before Dec 31, 2022? Here’s what RBI says [ad_1] The Reserve Bank of India (RBI) has extended the deadline for banks to complete the process of renewal of agreements for existing safe deposit lockers in a phased manner by December 31, 2023. This move came after the RBI ...

Comparison of 10 best tax-saving investment options [ad_1] Comparison of 10 best tax-saving investment options [ad_2]

Rupee falls 26 paise to 81.68 against dollar amid rise in forex outflows The rupee declined by 26 paise to 81.68 against the US dollar in early trade on Tuesday due to a rise in crude oil prices and forex outflows. Early gains in domestic equity markets and a weak dollar against world currencies, however, restricted the rupee’s ...

IDBI Bank posts record-high Q3 profit of Rs 927 crore on lower provisions BENGALURU (Reuters) – State-owned IDBI Bank Ltd reported a record third-quarter profit on Monday, boosted by lower bad loan provisions and improved asset quality. IDBI Bank, which had some of the worst asset quality among lenders during India’s bad loan crisis, has ...

Investment Outlook 2023 – The Economic Times Video [ad_1] As we enter the new year, it is important for all investors, new and seasoned, to have an understanding of the market trends to expect for the year ahead and the investment lessons to be learned from the previous year.To help investors understand how the market performed in 2022 – who ...

Tamilnad Mercantile Bank posts Q3 net of Rs 279 cr; income at Rs 1,172 cr The Tamilnad Mercantile Bank, one of India’s oldest private banks, closed the third quarter of FY23 with a higher net profit of Rs 279.70 crore. The bank closed the quarter ended December 31, 2022 with a net interest income of ...