by pankaj | Jul 24, 2024 | Banking 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 24, 2024 | Banking 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...
by pankaj | Jul 24, 2024 | Banking News
The interest rates on bulk deposits of more than 2 crore to 5 crore have been revised by the ICICI Bank. On January 2, 2023, the new rates went into effect, according to the bank’s official website. The bank currently offers interest rates on deposits that vary...
by pankaj | Jul 24, 2024 | Banking News
In India, the digital revolution is becoming more prominent, and people are becoming more tech-savvy. So, there is a propensity for the stock market, and thousands of people are using Demat accounts to enter the Indian stock market. In October 2022, there was a spike...
by pankaj | Jul 24, 2024 | Banking News
The RBI has continuously raised the repo rate to reduce inflation, which has led to banks raising interest rates on various savings plans like FDs and savings accounts. Many banks have made announcements to raise interest rates in the first week of the new year,...
