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Federal Bank revises savings account interest rates

Federal Bank revises savings account interest rates [ad_1] Federal Bank has revised savings account interest rates with effect from October 1, 2022. This comes just a day after the Reserve Bank of India (RBI) raised the repo rate by 50 basis points during its Monetary Policy Committee meeting. Savings account interest rates are linked to the repo rates at Federal ...

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HDFC Bank, IDBI Bank extend special senior citizen FD schemes

HDFC Bank, IDBI Bank extend special senior citizen FD schemes [ad_1] HDFC Bank and IDBI Bank have both extended their special senior citizen schemes to March 1, 2023 and October 31, 2022, respectively. These special senior citizen deposits would receive a higher interest rate compared to regular senior citizen deposits under Rs 2 crore. The tenure must be between 5 ...

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ICICI Bank UK: ICICI Bank UK to offer bank accounts in UK for Indian students: How to apply and activate

ICICI Bank UK: ICICI Bank UK to offer bank accounts in UK for Indian students: How to apply and activate [ad_1] ICICI Bank UK PLC, a wholly owned subsidiary of ICICI Bank, has launched ‘HomeVantage Current Account’ (HVCA) to Indian students studying in the United Kingdom. It is specifically developed to suit the banking needs of every student in the ...

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Biocon Stocks: Biocon’s growth drivers are in place: 5 reasons it is this week’s stock pick

Biocon Stocks: Biocon’s growth drivers are in place: 5 reasons it is this week’s stock pick [ad_1] Helped by growth in the biosimilars and generics segments, biotechnology company Biocon reported topline and bottom-line growth of 21.6% and 72% on a y-o-y basis in the first quarter of 2022-23. However, higher cost pressures impacted the operating profit margins, which contracted 343 ...

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How to plan finances during and after a wedding

How to plan finances during and after a wedding [ad_1] Simran is planning to get married in a few months. She wants to take a personal loan to pay for some of her expenses as well as the elaborate wedding that she and her fiancé are planning. She has some investments in fixed deposits, PPF and Ulips bought for insurance ...

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Infrastructure mutual funds delivered highest 1-year returns among equity diversified MFs: Should you invest?

Infrastructure mutual funds delivered highest 1-year returns among equity diversified MFs: Should you invest? [ad_1] While investing in infrastructure stocks can be very rewarding at this time, not everybody can stomach the risks that come with direct stock investments. Individual stocks can be very volatile, and small investors often end up making mistakes when they see their portfolios in the ...

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