Just in Fixed Deposit Rates Are Updated by IDFC First Bank

The interest rates on fixed deposits under Rs. 2 crore have been modified by IDFC First Bank, one of the top lenders in the private sector. On December 1, 2022, the....Continue Reading

By Tejesvi MG Dec 01st 2022 0

Just in Fixed Deposit Rates Are Updated by IDFC First Bank

The interest rates on fixed deposits under Rs. 2 crore have been modified by IDFC First Bank, one of the top lenders in the private sector. On December 1, 2022, the....Continue Reading

By Tejesvi MG Dec 01st 2022 0

Latest News

PM Modi Opens 75 Digital Banking Units in the Same Number of Districts Nationwide

On Monday, October 24, Prime Minister Narendra Modi dedicated 75 Digital Banking Units (DBUs) in as many districts throughout the nation to commemorate and honour India's 75th year of independence. As....Continue Reading

By Tejesvi MG Oct 25th 2022 0

Shares of ICICI Bank Reached a New High as the Stock Kept Rising. Is There Still Potential for Gains?

After the bank reported solid earnings for the second quarter ending September 2022 or Q2 FY23, shares of ICICI Bank continued to rise, reaching a new record high of 942.7 per....Continue Reading

By Tejesvi MG Oct 25th 2022 0

ICICI Bank Has a Solid Muhurat Trading Day after Strong Q2 Results

After the institution announced yet another quarter of solid profitability and loan growth on October 21, shares of ICICI Bank rose during the special one-hour muhurat trading session. The private sector....Continue Reading

By Tejesvi MG Oct 25th 2022 0

RIL, RBL Bank, Hul, Kotak Mahindra Bank, and Laurus Labs Brokerages

The international brokerage company Jefferies kept its buy rating on RIL and Laurus Labs, while Morgan Stanley kept its underweight rating on RBL Bank, HSBC kept its hold recommendation on Kotak....Continue Reading

By Tejesvi MG Oct 25th 2022 0

ICICI Bank’s Second-quarter Results Show a 37% Increase in Profit to Rs 7,558 Crore as Bad Loan Provisions Decline

On October 22, ICICI Bank, the second-largest private sector lender in the nation, reported enormous year-over-year gains in standalone profit of 37 percent and net interest income of 26.5 percent, along....Continue Reading

By Tejesvi MG Oct 22nd 2022 0

Kotak Mahindra Bank Q2: Profit Increases 27% to 2,580 Crore and NII Increases 26%

On Saturday, Kotak Mahindra and announced a 27% year over year (YoY) increase in net profit for the September quarter, coming in at 2,580.68 crore. In the same period last year,....Continue Reading

By Tejesvi MG Oct 22nd 2022 0

Q2 Outcomes the Net Profit for Yes Bank Drops 32% to 153 Crore

On account of higher provisions, Yes Bank on Saturday announced a 32% fall in standalone net profit for the September quarter of 2022, coming in at 152.82 crore. For the same....Continue Reading

By Tejesvi MG Oct 22nd 2022 0

RBL Bank Q2 Result: Profit Increases by More than Six times to Rs 202 Crore on a Low Base

On October 22, midcap private sector lender RBL Bank announced a standalone profit for the September quarter of FY23 of Rs 201.55 crore, an increase of 6.5 times over the same....Continue Reading

By Tejesvi MG Oct 22nd 2022 0

Festive FD Offer from IDBI Bank: Up to 6.90% Yield on Fixed Deposits

The "Amrit Mahotsav FD" is a new holiday fixed deposit programme from IDBI Bank. Increased interest rates are being offered by the bank on deposits made through the programme. In accordance....Continue Reading

By Tejesvi MG Oct 21st 2022 0

Due to the RBI’s Directive on Dormant Cards, Banks Expect a Net Decline of 2.9 Lakh Credit Cards

According to a study by Motilal Oswal on Friday, the banking sector recorded a net decline of 290,000 credit cards in September as a result of RBI recommendations on the closure....Continue Reading

By Tejesvi MG Oct 21st 2022 0

The Government of India Wants to Sell a Share in IDBI Bank for 640 Billion Rupees

According to Bloomberg News, India wants to sell its stake in state-owned IDBI Bank Ltd. for about 640 billion rupees ($7.73 billion), as part of the government's stake-sale in the firm.....Continue Reading

By Tejesvi MG Oct 21st 2022 0

After Q2fy23 Results, the Price of Axis Bank Shares Reaches a Record High. Purchase, Sell, or Hold?

Axis Bank shares increased to a new all-time high of $879.85 per share on the NSE, surpassing the previous high of 866.90 per share set on October 25, 2022. Axis Bank....Continue Reading

By Tejesvi MG Oct 21st 2022 0

The Essential Guide to International Investing

For years, Indian investors have been preoccupied with the amount of money that foreigners bring into Indian markets. Indians are increasingly beginning to invest abroad. According to RBI data, Indians invested....Continue Reading

By Tania Abraham Oct 21st 2022 0

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