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Moody’s withdraws IDBI Bank’s credit ratings for business reasons Global credit rating agency Moody’s Investors Service on Monday said it has withdrawn IDBI Bank Ltd’s ratings for business reasons. According to Moody’s, it has withdrawn the Ba1/NP long-term (LT) and short-term (ST) local and foreign currency counterparty risk ratings (CRR), Ba2/NP LT and ST local ...

All you need to know about National Pension System (NPS) and its tax benefits [ad_1] Financial planning is one of the most essential steps to meet one’s life goals. A strong financial plan can help us manage our income, expenses, and investments, and allows us to build the life that we aspire for, taking into consideration fluctuating expenses, unexpected exigencies, ...

CSB Bank Q3 net up 5% to Rs 156 cr on strong growth in deposits and loans Kerala-based CSB Bank has posted a rise of 5 per cent in net profit for the third quarter of the financial year ended December 2022, to Rs 156 crore, from Rs 148 crore in the same period of FY22. ...

Inside India’s investment paradigm: Top asset allocation strategies, trends and insights for 2023 [ad_1] With indications of a global recession becoming stronger, now is a good time for investors to look at asset allocation strategies to maximise investment returns amid a fragile macroeconomic environment characterised by high interest rates and muted investor confidence, said key investment strategists and experts from ...

Gold price up 16% in the last one year; silver by 7% [ad_1] Gold price up 16% in the last one year; silver by 7% [ad_2]

Karur Vysya Bank revises savings account interest rates; earn up to 5.25% [ad_1] Karur Vysya Bank (KVB) has revised the interest rate on savings bank deposits, according to the bank website. The new savings account interest rates of the bank are effective from January 28, 2023. Savings account interest rate varies between 2.25% to 5.25% depending on the savings account ...

Rupee falls 10 paise to 81.69 against US dollar amid FPI outflows The rupee depreciated 10 paise to 81.69 against the US dollar in early trade on Monday, weighed down by significant foreign fund outflows. At the interbank foreign exchange, the domestic unit opened weak at 81.69 against the dollar, registering a decline of 10 ...

ipo: Some IPOs should never have happened. Those who invested in these only have themselves to blame [ad_1] Since late 2021, when the parade of IPOs of the ‘New Age Technology Companies’ started, there has been a constant stream of investors complaining about these companies on social media. The theme of complaints is always the same, that investors who invested ...

IDBI manager held for swindling money from customers’ accounts in B’luru Karnataka police have arrested a relationship manager of IDBI bank in Bengaluru in connection with transferring Rs 4.92 crore illegally to various accounts, police said on Monday. According to police, 34-year-old Sajila, a relationship manager attached to IDBI bank, Mission Road branch in Bengaluru ...

New bank deposit locker agreement rules: 5 things to know [ad_1] 1.An SMS and email alerts will be sent by the bank about locker access and operation at the end of the day.2.Banks will compensate the locker hirer in case of any loss of locker content due to the bank’s negligence, such as fi re, theft, dacoity, and building collapse.3.The ...