SBI board approves raising Rs 10,000 crore capital through tier I bonds State Bank of India (SBI) on Wednesday said its board has approved Rs 10,000 crore capital raising plan through Tier I bonds. The fund raising through Additional Tier 1 (AT1) capital up to an amount of Rs 10,000 crore is subject to Government of India ...

SBI board approves Rs 10,000-cr AT1 bonds offering to support biz growth The country’s largest lender, State Bank of India (SBI), plans to raise up to Rs 10,000 crore through additional tier – 1 (AT1) bonds until March 2024, to support business growth. SBI in a filing with the BSE said the central board of the bank ...

Building A Portfolio For The Long Run: The 12:20:80 Strategy – The Economic Times Video [ad_1] Protecting your financial health is key to a successful and happy life. It takes time and effort to build a resilient portfolio through asset allocation. Asset allocation involves dividing your investments among different assets, such as stocks, bonds, cash and gold. Asset allocation is ...

RBI advises fintechs to focus on governance, data protection issues In a meeting with select financial technology (fintech) entities and their industry associations on Wednesday, the Reserve Bank of India (RBI) advised these new-age firms to focus on governance issues, data protection, and regulatory compliance, while playing a transformative role in the financial systems through their innovations. ...

FD premature withdrawal charges: SBI vs HDFC Bank vs ICICI Bank vs PNB vs Yes Bank [ad_1] Due to its numerous advantages, a fixed deposit is thought of as one of the safest investments and is considered the preferred investment product by investors. And with banks increasing FD interest rates since May 2022, many FD investors are in a fix ...

Bonds and rupee gain; US inflation spurs hopes of dovish Fed move Government bonds and the rupee strengthened sharply on Wednesday as a lower-than-expected US inflation print led to hope of the Federal Reserve adopting a less aggressive path for its future rate hikes, dealers said. The rupee closed at 82.46 per dollar on Wednesday as against ...

These banks are offering best interest rates on 3-year FDs [ad_1] These banks are offering best interest rates on 3-year FDs [ad_2]

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What is a floating interest rate FD? [ad_1] Should you go for FRTDs? If you get the advantage of rising rate, you may be put to a disadvantage if the interest rates start falling again. Though in the current scenario the fall is appearing to be a distant thing but over the medium-term things can change. If your time horizon ...

HDFC Bank FD interest rate: HDFC Bank hikes FD interest rate by up to 75 bps: 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. According to the bank’s official website, the new rates will be effective from December 14, 2022. Following the hike, HDFC ...