Searched for
TERM DEPOSITS
People aged above 40 account for 76 pc of individual deposits in banks: RBI dataIndividuals over forty hold most bank deposits, while younger workers contribute less. Term deposits grew significantly, outpacing savings ...
HDFC Bank CEO exit: Orderly succession key to investor confidence, says Moody’sIn a recent assessment, Moody's Ratings pointed out the leadership transition risk stemming from HDFC Bank's CEO Sashidhar Jagdishan steppi...
HDFC Bank shares gain 3% as CEO Jagdishan rejects new term; Morgan Stanley, Jefferies, others weigh inHDFC Bank share price rose up to 3% on Monday after the lender's Managing Director and CEO Sashidhar Jagdishan opted against reappointment,...
HDFC Bank shares after Jagdishan: What lies ahead for the country’s largest private lender?HDFC Bank's CEO Sashidhar Jagdishan plans to retire in October 2026 following a major merger, leaving investors eager for details on his su...
Short-term rates ease as banks see surge in dollar depositsLarge banks secured significant dollar deposits, easing short-term borrowing costs for smaller institutions. This influx of funds has boost...
Numbers Boost: FCNR-B inflows help banks cut expensive bulk depositsIndian banks are actively reducing costly bulk deposits after strong foreign currency inflows. This strategy helps optimize funding costs a...
Banks look to push prudent borrowing for small loan-takersBanks and credit firms will launch a responsible borrowing campaign to curb bad loans. This initiative aims to promote financial discipline...
Banks are in good shape, but ...Banks and NBFCs face different market risk assessments. Credit growth outpaces deposit growth, widening the loan-to-deposit ratio. This tre...
FD rate up to 8.5% for senior citizens investing for five years; know the list of banksFor senior citizens, certain banks have enticing fixed deposit options offering interest rates as high as 8.5 percent. These deposits, with...
Rupee dips, reversing intraday gains, as importer dollar demand dominatesThe Indian rupee declined on Thursday, reversing early gains against the dollar. Importer dollar demand increased, and month-end pressures ...
PM Jan Dhan scheme marks 12 years, number of accounts crosses 59 cr with Rs 3.17 lakh cr depositsThe Pradhan Mantri Jan Dhan Yojana has completed twelve years of service. Over fifty-nine crore bank accounts now exist under this financia...
Best short duration mutual funds to invest in August 2026According to the Sebi mandate, short duration funds can invest in debt instruments which have maturity between one and three years. That me...
Wealth managers turn to hybrid SIFs for higher, tax-efficient returnsSpecialised investment funds are changing wealth manager portfolio structures. Hybrid SIF strategies are increasingly included in allocatio...
Lenders may turn to OFCB route to raise more funds abroadIndian banks are now shifting focus towards borrowing in overseas foreign currencies to meet their fundraising requirements. This strategic...
How can fixed deposits help manage short-term and long-term financial goals?Fixed deposits provide a reliable mechanism for achieving your financial objectives, combining predictable returns with versatile tenures. ...
NRI can’t sell Indian property before October 1, 2026 if buyer does not have TAN; Know how to apply for TAN onlineThe TDS rulesfor NRIs say that there isno thresholdlimit for TDS deduction, whereas resident Indians get a threshold limit of Rs 50 lakh be...
Over Rs 1 crore invested in mutual funds, NPS, PPF and FDs: Should this PSU banker increase equity exposure with 18 years to retirement?A 42-year-old PSU bank chief manager, who recently welcomed twins, sought a review of his family’s financial portfolio. With around 18 year...
EAC moots consolidation to create a few large banksIndia needs to consolidate banks into a few large entities. This consolidation aims to meet rising credit needs for Viksit Bharat by 2047. ...
India raises $73 bn in forex inflows at record paceIndia has mobilised $73 billion in foreign exchange inflows in less than 11 weeks, surpassing the scale and pace of the RBI’s 2013 FCNR(B) ...
RBI's concessional swap scheme mobilises $73 bn in less than 11 weeksThe RBI’s special forex swap facility has mobilised $73 billion in foreign exchange inflows as of August 21, with FCNR(B) deposits accounti...