Search For "principal amount"
IDFC FIRST Bank completes reconciliation of all relevant accounts in Chand
Updated : 5 days, 10 hours ago IST
IDFC FIRST Bank announced on Tuesday that it has paid a net principal amount of Rs 645 crore to settle claims arising from an incident at a single branch in Chandigarh. The final payout is Rs 55 crore higher than the initial principal estimate of Rs 590 crore previously disclosed to stock ex
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IDFC FIRST Bank repays Rs 583 crore to Haryana govt after fraud at Chandig
Updated : 2 weeks, 4 days ago IST
IDFC FIRST Bank has repaid 100 per cent of the principal amount claimed by departments of the Government of Haryana following a fraud incident at one of its branches in Chandigarh, the bank said in an official statement.
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Beneficiaries who clear full principal will be granted ownership rights: G
Updated : 1 month, 2 weeks ago IST
As per this decision, beneficiaries in rural areas who are willing to repay the full principal amount but are unable to afford the monthly two per cent penalty interest will be provided relief.
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Using a simple interest calculator to understand basic return scenarios
Updated : 2 months ago IST
Pune (Maharashtra) [India], January 9: When planning investments, understanding how returns are calculated is often the first step. While markets and instruments vary widely, some investors begin by exploring basic interest concepts before moving to more complex approaches. In this context,
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Crompton Achieves Milestone by Completing Final NCD Repayment of Rs. 300 C
Updated : 7 months, 1 week ago IST
Mumbai (Maharashtra) [India], July 24: Crompton Greaves Consumer Electricals Ltd. ('Company'), a leading player in the Consumer Durables player, today announced the successful repayment of the final tranche of its Non-Convertible Debentures (NCD) with principal amounting to Rs. 300 Crs. This
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Understanding the Significance of Fixed Deposit Receipts
Updated : 11 months, 3 weeks ago IST
Mumbai (Maharashtra) [India], March 25: Fixed Deposit Receipts (FDRs) have emerged as a cornerstone for reliable investment strategies. These are official documents issued by banks or financial institutions when customers open fixed deposit accounts. The FDR contains essential details such a
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Pakistan International Airlines debt now rests on taxpayers shoulders
Updated : 2 years, 1 month ago IST
Islamabad: The government and banks have decided on a plan to restructure PIA's debt, totalling Rs268 billion. The Ministry of Finance, which initially didn't want to include PIA's debt in the overall public debt, has changed its mind. Now, they agreed to use the budget to pay both the princ
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Debt Funds and Why You Should Invest in Them: Bajaj Finserv Mutual Fund
Updated : 2 years, 4 months ago IST
Pune (Maharashtra) [India], October 19: Debt funds are a category of mutual funds that primarily invest in fixed-income securities like bonds, government securities, debentures, and money market instruments. Unlike equity funds, which invest majorly in stocks, debt funds aim to generate pote
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Earn up to 8.50 per cent p.a. interest on Fixed Deposit with AU Small Fina
Updated : 2 years, 11 months ago IST
Mumbai (Maharashtra) [India], March 21 (ANI/BusinessWire India): AU Small Finance Bank has announced a hike in the interest rates offered on Fixed Deposits. You can now earn up to 8.50% interest p.a. for senior citizens.
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Novelis announces closing of EUR500 million senior green notes offering
Updated : 4 years, 11 months ago IST
Atlanta [USA], April 1 (ANI): Novelis Inc, a subsidiary of Aditya Birla-led Hindalco Industries, has completed offering of 500 million euro aggregate principal amount of 3.375 per cent euro-denominated senior green notes due on April 15, 2029 by Novelis Sheet Ingot GmbH, an indirect wholly-o
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Sintex defaults on NCDs interest amount, blames liquidity crisis
Updated : 5 years, 2 months ago IST
Gandhinagar (Gujarat) [India], Dec 30 (ANI): Sintex Industries said on Wednesday it has not been able to pay the interest amount of Rs 3.6 crore on a gross principal amount of Rs 137.5 crore for its non-convertible debentures.
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Invest a portion of salary in the Bajaj Finance Fixed Deposit to meet fina
Updated : 5 years, 4 months ago IST
Pune (Maharashtra) [India], October 30 (ANI/NewsVoir): In the current volatile economic situation, features like preservation of principal amount and surety of returns have ensured that fixed deposit (FDs) is a favourite investment option for the masses. Saving monthly a small portion of one
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