by pankaj | Jul 29, 2024 | Latest News
The largest financial institution in the nation, the State Bank of India, announced a hike in the rate for fixed deposits on December 13. A day later, on Wednesday, the large private sector bank HDFC made a comparable announcement and provided positive news to its...
by pankaj | Jul 29, 2024 | Latest News
The largest public sector lender, State Bank of India (SBI), has hiked its basic lending rates and MCLR by 35 basis points and 25 basis points across tenures (December 15). This would result in higher EMIs for all term loans, including personal, business, and mortgage...
by pankaj | Jul 29, 2024 | Latest News
Mutual funds are often medium- or long-term investments, so you can borrow money against them. However, investors can only sell their investments to get loans against mutual funds in times of emergency. Therefore, investors should be aware that taking out a loan...
by pankaj | Jul 29, 2024 | Latest News
HDFC has increased the interest rate on fixed by up to 75 basis points. The higher interest rate only becomes effective on December 14. The minimum interest rate on FDs under Rs 2 crore has been lowered to 3%, and the maximum interest rate has been raised to 7%,...
by pankaj | Jul 29, 2024 | Latest News
There is news for SBI customers. The bank has modified the guidelines for using ATMs to withdraw cash. To use an SBI ATM, you must now enter a specific number. This is because cash will become stuck if this number is not entered. The SBI bank made this step to...
