Ujjivan SFB reports 44 % YoY growth in advances in Q2, loan book expands Ujjivan Small Finance Bank posted 44 per cent year-on-year (YoY) growth in advances at Rs 20,938 crore in the second quarter ended September 2022 (Q2 FY23). Sequentially, its loan portfolio expanded by eight per cent over Rs 19,409 crore at end of June 2022 (Q1 ...
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ppf interest rate: Was PPF interest rate hiked for the October-December 2022 quarter?
ppf interest rate: Was PPF interest rate hiked for the October-December 2022 quarter? [ad_1] While the government increased the interest rates of certain small savings schemes, PPF interest rate was not changed. According to a circular issued by the Finance Ministry on September 29, the interest rates of three small saving schemes have been hiked by 10 bps to 30 ...
Read More »canara bank loan interest rate: Canara Bank hikes loan interest rates: Check latest lending rates
canara bank loan interest rate: Canara Bank hikes loan interest rates: Check latest lending rates [ad_1] Canara Bank has increased the Repo Linked Lending Rate (RLLR) and Marginal Cost of Funds Based Lending Rate (MCLR). The new interest rates are effective from October 7, 2022, according to the bank’s official website. Canara Bank MCLR Canara Bank increased rates on overnight ...
Read More »Can Fin Homes to consider raising up to Rs 4,000-cr debt capital
Can Fin Homes to consider raising up to Rs 4,000-cr debt capital Canara Bank promoted housing loan provider Can Fin Homes is planning to raise debt capital of up to Rs 4,000 crore and will seek board of directors’ approval on this proposal later this month. The board of directors of the company is scheduled to meet ...
Read More »ICICI Bank special senior citizen FD scheme: ICICI Bank’s special senior citizen FD scheme will close tomorrow
ICICI Bank special senior citizen FD scheme: ICICI Bank’s special senior citizen FD scheme will close tomorrow [ad_1] The ICICI Bank Special Senior Citizen FD scheme will close for investment tomorrow, October 7, 2022. Senior citizens who want to take advantage of the additional 0.10% interest rate can do so by opening an FD under the scheme today and tomorrow. ...
Read More »Rupee falls 32 paise to close at new low of 81.94 against US dollar
Rupee falls 32 paise to close at new low of 81.94 against US dollar The rupee plunged 32 paise to close at an all-time low of 81.94 (provisional) against the US dollar on Thursday amid high volatility as firm crude oil prices weighed on the local unit. At the interbank foreign exchange market, the local currency opened ...
Read More »Gold Buying: Is this the right time to buy gold ahead of Diwali?
Gold Buying: Is this the right time to buy gold ahead of Diwali? [ad_1] Gold prices have remained subdued in both international and domestic markets lately. Back-to-back interest rate hikes by central banks across the world and rising US dollar and bond yields have kept the yellow metal under pressure. Keeping these factors in mind, is it the right time ...
Read More »Muthoot Finance to raise Rs 300 cr via secured NCDs, issue size at Rs 75 cr
Muthoot Finance to raise Rs 300 cr via secured NCDs, issue size at Rs 75 cr Muthoot Finance Ltd has said it will raise Rs 300 crore by issuing secured redeemable non-convertible debentures (NCDs) of face value of Rs 1,000 each. This issue will be open from October 6 to October 28 with an option to close ...
Read More »GPF Interest Rate: Central govt employees: General Provident Fund (GPF), CPF interest rates announced for Oct-Dec 2022 quarter
GPF Interest Rate: Central govt employees: General Provident Fund (GPF), CPF interest rates announced for Oct-Dec 2022 quarter [ad_1] The Ministry of Finance has announced the interest rate for General Provident (GPF) and other similar provident fund schemes. The ministry has kept the interest rate unchanged for GPF and similar funds for the October-December quarter, of 2022. According to a ...
Read More »Bank FDs vs post office term deposit: Which offers senior citizens higher interest rate for short term
Bank FDs vs post office term deposit: Which offers senior citizens higher interest rate for short term [ad_1] The government has raised the interest rates for a few small savings schemes after almost four years. Three minor saving programmers’ interest rates were increased for the quarter of October-December 2022, per a circular released by the Finance Ministry on September 29. ...
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