Search For "deposit"
India's BoP strengthened by robust inflows from NRI deposits, external com
Updated : 1 year, 2 months ago IST
India's Balance of Payments (BoP) saw a significant improvement in the second quarter driven by strong inflows from Foreign Portfolio Investments (FPIs), External Commercial Borrowings (ECBs), and Non-Resident Indian (NRI) deposits, according to a report by Bank of Baroda.
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AU NOMO Credit Card: A Smart Way to Leverage Fixed Deposits
Updated : 1 year, 2 months ago IST
Ahmedabad (Gujarat) [India], December 26: AU Small Finance Bank (AU SFB) has unveiled its latest offering, the AU NOMO Credit Card, a groundbreaking financial product that allows individuals to access credit while still growing their savings. This innovative credit card leverages the power o
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Households savings shift from bank FDs to mutual funds, insurance in last
Updated : 1 year, 2 months ago IST
The savings pattern of Indian households has been undergoing a significant shift over the past three years, with funds increasingly moving from traditional bank deposits to mutual funds and life insurance, according to an SBI report.
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FPIs sold equities worth Rs 977 cr, net investment turn negative after pos
Updated : 1 year, 2 months ago IST
After starting the week on a strong buying spree, foreign portfolio investors (FPIs) turned net sellers in the Indian equity market and the net investment turned negative this week with Rs 977 crore, according to data from the National Securities Depository Limited (NSDL).
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Arrest warrant issued against former India cricketer Robin Uthappa
Updated : 1 year, 2 months ago IST
As the director of Centaurus Lifestyle Brands Private Limited, Uthappa is accused of defrauding employees and the government by deducting PF contributions from salaries but failing to deposit the funds into employee accounts.
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Assam: CBI files 5 charge sheets against 18 accused on 'unregulated deposi
Updated : 1 year, 3 months ago IST
Continuing with the impetus given to the investigation of various Assam Ponzi Scam cases, the Central Bureau of Investigation had filed five more chargesheets in five separate cases against 18 accused, including 16 private persons and two organisations, as per a press release on Monday.
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Exploring the Advantages of Fixed Deposits from NBFCs Over Fixed Deposits
Updated : 1 year, 3 months ago IST
Mumbai (Maharashtra) [India], December 13: Fixed Deposits (FDs) are a popular investment choice for their stability and predictable returns. While most investors are familiar with bank FDs, fixed deposits offered by Non-Banking Financial Companies (NBFCs) have emerged as a compelling alterna
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SIPs vs traditional savings: Why SIPs are the future of investing
Updated : 1 year, 3 months ago IST
New Delhi [India], December 11: Planning for a secure financial future is a key responsibility, and the way you save and invest plays a crucial role in achieving it. Traditional saving methods like Fixed Deposits (FDs) and savings accounts have long been favoured due to their low risk and pr
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District Mineral Fund 'scam': ED attaches assets worth Rs 21.47 cr of Chha
Updated : 1 year, 3 months ago IST
ED's Raipur zonal office attached these assets including lands, residential properties, fixed deposits and bank balances following a provisional attachment order issued on December 9, 2024.
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"Sharad Pawar should accept defeat": M'rashtra BJP chief Chandrashekhar Ba
Updated : 1 year, 3 months ago IST
Speaking to reporters, Bawankule said, "Sharad Pawar should accept defeat. He suffered a great loss in these elections. The kind of lies they said in elections were all rejected by the people. Pawar Sahab has gone to Markadwadi. It doesn't behove a person of his age to lie. Maharashtra re
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RBI Keeps Repo Rate Unchanged at 6.5 pc; GDP growth for FY25 reduced to 6.
Updated : 1 year, 3 months ago IST
"As a result, the Standing Deposit Facility (SDF) rate remains at 6.25 per cent, and the Marginal Standing Facility (MSF) rate, along with the Bank Rate, stays at 6.75 per cent," Das added.
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Notable decline in forex reserve because RBI using forex to manage currenc
Updated : 1 year, 3 months ago IST
The recent decline in India's forex reserve from USD 705 billion to USD 656.58 billion is because the central bank is using forex reserve to manage currency volatility says a report by Union Bank of India.
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