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 ...

The conventional idea of measuring investors’ risk tolerance does not make much real-world sense [ad_1] Risk versus returns. Nothing ventured, nothing gained. The idea that the more returns you want, the more risk you must take is ingrained deeply into the way we think about investing. This is not just a concept or general rule of thumb anymore. There’s even ...

Rupee may firm past 81 per dollar, bond yields to edge up ahead of Budget By Anushka Trivedi and Dharamraj Dhutia MUMBAI (Reuters) – The Indian rupee is expected to extend its gains this week, while government bond yields may move marginally higher due to worries about yet another year of elevated borrowing. With ...