Six commercial banks have announced that they have reduced the rate for demand deposits from 0.25 per cent to 0.2 per cent. The banks have reduced the interest rates on deposits covering a fixed period of time.
Chennai (Tamil Nadu) [India], June 9: Aarthi Scans & Labs, a pan-India integrated diagnostic chain, is proud to announce a strategic partnership with Siemens Healthineers for a cause. The aim of this collaboration is to offer AI-based Calcium scoring of Heart by CT scanning, which measur
Pune (Maharashtra) [India], June 8: According to a survey by Kuvera, among 1.6 million of its investors, around 12% prefer to invest in fixed deposits. This is mainly due to this instrument's simplicity, familiarity, and protection against inflation. A popular financial institution, Bajaj
Pune (Maharashtra) [India], June 6: The repo rate has been increased by a total of 100 basis points (bps) in 2023. The Reserve Bank of India (RBI) increased the repo rate by 25 bps in February, followed by another 50 bps in April and 25 bps in May. The repo rate is now at 6.50 per cent.
"AIMIM party doesn't contest polls beyond the old city (Hyderabad). If you (Owaisi) have the guts and the belief that your party is working for the Muslim community, contest across Telangana. You will struggle to recover your deposits," Sanjay said.
"Regarding the losses suffered by the farmers due to hailstorms and rainfall, CM had clearly said that by 31st May compensation for the losses will be provided to them under all circumstances. Today Rs 181 Crores was transferred to the accounts of around 68,000 farmers with just one click of
Mumbai (Maharashtra) [India], May 29: Cressanda Solutions Ltd - leading company providing IT solutions, digital media and IT enabled services has received the work order from Eastern Railway for providing advertising and concierge services in trains. Company has paid the requisite 1st qua
"While raising the state issue CM Sukhu the Centre urged not to reduce the previous year's deposit of Rs 1,779 crore under NPS to the borrowing ceiling of the current financial year which is 2023-24 and also to review the decision taken on March 27, 2023," the release said.
The arrested persons were allegedly en route to deposit the Rs 2,000 notes in the bank. RBI had recently decided to withdraw Rs 2000 currency notes from circulation, however, they will continue to remain as legal tender.
Foreign portfolio investors (FPIs) have remained net buyers in Indian stock markets for the third straight month, data from the National Securities Depository (NSDL) revealed.
JPMorgan acquired most of First Republic's assets earlier this month after the San Francisco-based regional bank was seized by the government, according to CNN Business. It marked the second-biggest bank failure in US history.
Pune (Maharashtra) [India], May 26: A fixed deposit is a safe choice when it comes to investing one's savings. This financial tool has been a preferred choice for many investors for quite some time now. Given the recent repo rate changes and economic situation, countrywide the interest ra