Blog

TMB stock ends flat as RBI rejection of proposed chairman has little impact The stock of Tamilnad Mercantile Bank (TMB) closed flat today, perhaps taking in its stride the Reserve Bank of India’s rejection of the private lender’s proposal to appoint board member B Vijayadurai as its chairman. The bank said in filing with BSE last night ...

Can Sukanya Samriddhi Yojana (SSY) account be closed before maturity? [ad_1] Sukanya Samriddhi Yojana account is a special scheme for a girl child that aims at securing her future financially. By investing in the SSY scheme you can get section 80C income tax benefits and the returns are also tax-free. When can the account be opened? When opening a Sukanya ...

Govt norms ensure no one makes money in payments space: Axis Bank head Private sector lender Axis Bank on Wednesday said government mandates on the payments space ensure that no one can make money in the segment. The bank’s chief executive and managing director Amitabh Chaudhry feared that smaller entities will not be able to survive amid ...

Emergency loans for bad credit and urgent same day loan approval in September 2022 [ad_1] Borrowers the world over will agree that the best emergency loans are those that are quick and easy to apply for and are approved and paid out without digging too deeply into your credit history. For a long time, those who were in need of ...

25% micro credit customers graduated to SMEs since Covid: Bandhan Bank MD Let alone meeting repayment targets, around 25 per cent of Bandhan Bank’s micro credit customers graduated to become small and medium enterprise (SME) loans in the last couple of years amid pandemic. According to Bandhan Bank’s founder Managing Director and Chief Executive Officer Chandra Shekhar ...

6 facts about order book for security market [ad_1] 6 facts about order book for security market [ad_2]

Rupee closes at new low ahead of near-certain big Fed rate-hike The Indian rupee closed at its lowest level ever against the U.S. currency on Wednesday, tracking the dollar index’s strength as the U.S. Federal Reserve gears up for a hefty rate hike to tame inflation pressures. The rupee closed at 79.9750 per U.S. dollar, down from ...

9 smart ways to use your credit card [ad_1] [ad_2]

Bank NPAs loans may drop to 5% by March 2023 on economic rebound: Crisil Reflecting further improvement in asset quality of banks, their gross non-performing assets (GNPAs) are expected to decline to 5.0 per cent by March 2023. They may even touch decadal low of about 4 per cent by March 2024, riding on post-pandemic economic recovery and higher ...

SBI FCNR FD Interest Rates: Highest FCNR FD interest rates: SBI vs ICICI Bank vs HDFC Bank vs Canara Bank [ad_1] A Foreign Currency Non-Resident (FCNR) FD account is an option for NRIs who want to create a fixed deposit account in India. This account will help NRIs to keep their money earned abroad safe from any foreign exchange fluctuations. ...