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Rupee depreciates 23 paise to 79.68 against US dollar in early trade The rupee depreciated 23 paise to 79.68 against the US dollar in opening trade on Thursday, tracking the strength of the American currency in the overseas market and a muted trend in domestic equities. At the interbank foreign exchange, the rupee opened at 79.60 against ...

hdfc bank fd interest rate: HDFC Bank hikes FD interest rate by 40 bps on this tenure [ad_1] has increased fixed deposit (FD) interest rates after a gap of two months. The bank has hiked FD rates by up to 40 basis points, and the new interest rates are effective from August 18, 2022. These rates are applicable for FD ...

hdfc bank rd interest rate: HDFC Bank increases RD interest rates by up to 40 bps [ad_1] has hiked its recurring deposit rates along with its FD rates. HDFC Bank has increased interest rate by up to 40 basis points on select tenures. The new rates are effective from August 18, 2022. This move came after the Reserve Bank of ...

RBI seeks public feedback on charges in payment systems by Oct 3 The Reserve Bank on Wednesday sought views from the public on fees and charges in payment systems, with an aim to make such transactions affordable as well as economically remunerative for the entities involved. The payment systems include Immediate Payment Service (IMPS), National Electronic Funds ...

Bank of Baroda launches special deposit schemes offering interest up to 6% Bank of Baroda has launched a new deposit scheme offering interest rates of up to 6 per cent on domestic retail term deposits. The ‘Baroda Tiranga Deposit Scheme’ marks the 75th Independence Day of India, which is a special term deposit scheme offering higher interest ...

Gujarat: Japanese lender MUFG Bank commences operations from GIFT City Japanese lender MUFG Bank on Wednesday announced the beginning of operations from Gujarat International Finance Tec-City (GIFT City) in India. Earlier in May, MUFG had received approval from the International Financial Services Centres Authority in India and the Financial Services Agency of Japan for the opening of ...

Microfinance loans grow 24% YoY in Q1 of FY23; credit quality stable The loan portfolio of micro-finance institutions (MFI) increased 24 per cent year-on-year (YoY) to Rs 2.75 trillion by end of this June from Rs 2.22 trillion a year ago. Sequentially, the loan book expanded from Rs 2.62 trillion at end of March 2022 (Q4Fy22), according ...

Rupee posts biggest intraday gain in over a week as equities rally By Anushka Trivedi MUMBAI (Reuters) – The Indian rupee closed higher on Wednesday marking its biggest single-day gain in more than one week spurred by dollar inflows, as improved risk appetite drove a rally in equities while the greenback posted losses. The partially convertible ...

Kotak Mahindra Bank FD Interest Rates: Kotak Mahindra Bank increases FD, RD interest rates by up to 25 bps [ad_1] Kotak Mahindra Bank has increased fixed deposit interest rates by up to 15 basis points for tenures of one-three years (for amounts below Rs 2 crore) with effect from August 17 2022. The interest rate of FDs with tenor of ...