PNB hikes FD interest rates by up to 20 bps [ad_1] Punjab National Bank (PNB) has increased interest rates of fixed deposits (FD) for amounts less than Rs 2 crore. The bank has hiked fixed deposit interest rates by up to 20 basis points (BPS) for select tenors. The new interest rates are effective from August 17, 2022, according to ...
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Rupee seen stronger tracking oil price fall; US yields may cap gains
Rupee seen stronger tracking oil price fall; US yields may cap gains The Indian rupee is expected to open higher versus the dollar on Wednesday tracking a fall in oil prices that dropped to their lowest level since mid-February amid concerns over global growth outlook. The rupee, which is set to resume trade after a four-day weekend, ...
Read More »ADR vs GDR: Know the difference
ADR vs GDR: Know the difference . Depositary Receipt (DR) is an instrument used by domestic companies to raise money outside the country. Some of its examples are American Depositary Receipts (ADRs) and Global Depositary Receipts (GDR). . American Depositary Receipts (ADRs) is a type of stock that allows US people to invest in non- US corporations and receive ...
Read More »Life Insurance Corp launches special campaign to revive lapsed policies
Life Insurance Corp launches special campaign to revive lapsed policies Insurance behemoth Life Insurance Corporation of India (LIC) on Tuesday announced the launch of a campaign for revival of individual lapsed policies. This special drive, to be carried out from August 17 to October 21, 2022, is extended to all non-ULIP policies with very attractive concession in ...
Read More »CRED’s ‘Price of the Past Sale’ extended for 24 hours more! Exciting discounts coming your way
CRED’s ‘Price of the Past Sale’ extended for 24 hours more! Exciting discounts coming your way [ad_1] Continuing with the spirit of Independence Day, CRED has extended its ‘Prices of the Past Sale’ for 24 hours more. Here’s a curation of quality-first offerings on the members-only platform CRED Store. With an array of products—from your favourite brands to upcoming homegrown ...
Read More »SBI launches its first dedicated branch to support start-ups in Bengaluru
SBI launches its first dedicated branch to support start-ups in Bengaluru State Bank of India (SBI) on Tuesday announced the launch of its first “state-of-the-art” dedicated branch for start-ups in the country here, to facilitate and support them. The branch launched by SBI Chairman Dinesh Khara is located in Koramangala, which alongside neighbouring HSR Layout and Indiranagar ...
Read More »SBI FD Interest Rates: SBI to offer 6.1% interest rate on this FD tenure for 75 days
SBI FD Interest Rates: SBI to offer 6.1% interest rate on this FD tenure for 75 days [ad_1] State Bank of India () has introduced a new term deposit scheme dubbed “Utsav Deposit” in honour of the nation’s 76th Independence Day. This fixed deposit will offer 6.1 percent interest rate effective from August 15, 2022. This offer is valid for ...
Read More »Freeze forex rate today to transfer money abroad and pay later service launched
Freeze forex rate today to transfer money abroad and pay later service launched [ad_1] BookMyForex.com, (a MakeMyTrip group company), has launched a 24-hour remittance service where customers can freeze the forex rate today to transfer money abroad and then pay later. Customers will be able to lock in the forex rates for up to 3 days under the “Book now, ...
Read More »Which bank offers highest FD interest rates: SBI vs HDFC Bank vs ICICI Bank
Which bank offers highest FD interest rates: SBI vs HDFC Bank vs ICICI Bank [ad_1] HDFC Bank According to the HDFC Bank website, effective June 17, 2022, 7 days to 29 days FD will now earn 2.75 percent, up from 2.50 percent. For tenor 30 days to 90 days, the bank will now offer 3.25 percent, up from 3 percent. ...
Read More »Bank of Baroda to offer 6.5% FD interest rates on this tenure for senior citizens
Bank of Baroda to offer 6.5% FD interest rates on this tenure for senior citizens [ad_1] Banks have launched special fixed deposit schemes to commemorate the 76th Independence Day. After the State Bank of India, Bank of Baroda has announced the introduction of the Baroda Tiranga Deposit Scheme, a unique term deposit product with higher interest rates. The interest rates ...
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