Fixed deposits (FDs) are one of the most favoured instruments among investors as it provides guaranteed fixed returns and safety of capital. However, interest on fixed deposits is fully taxable,…
Bank
-
- Business
Stocks in focus: Indian Overseas Bank, Future Enterprises, Central Bank, UCO Bank, Axis Bank, Adani Green, HAL
Investors will continue to watch rising COVID-19 cases, ongoing vaccination drive, oil prices, rupee movement against US dollar and other global cues. Nifty futures were trading at 14,856, up 110…
-
Sugar mills in Maharashtra have paid 87 per cent of Fair and Remunerative Price (FRP) to sugarcane farmers and the State has slapped Revenue Recovery Certificate (RRC) to 13 mills…
-
Bank fixed deposits (FDs) continue to be popular investment products not just among senior citizens, who are loing for guaranteed income, but also among investors who can’t stomach risk. But…
-
The bank’s net interest margin (NIM) stood at 9.36% at the end of September 2020, down from 9.81% as on March 31, 2020. Jana Small Finance Bank (SFB) on Thursday…
- Tech News
YouTube stars the Stokes Twins avoid jail after pleading guilty over fake bank robbery pranks
Alan and Alex Stes, twin brothers who rose to fame on YouTube filming prank videos, pleaded guilty to misdemeanor false imprisonment and reporting false emergencies in connection with a pair…
-
People walk past the headquarters of the People’s Bank of China (PBOC), the central bank, in Beijing, China September 28, 2018. Jason Lee | Reuters BEIJING — China’s central bank…
- Business
Sensex, Nifty, Bank Nifty rally up to 75% in FY21; here’s what experts make of today’s trade
While in absolute terms, Sensex gained over 20,000 points and Nifty 6,100 points. Image: Reuters BSE Sensex and Nifty 50 rallied up to 70 per cent in the financial year…
- Business
Wall Street is pricing in $4 trillion of infrastructure spending. Here are the stocks that could benefit, according to Bank of America.
President Joe Biden is due to present his infrastructure spending plan on Wednesday, the opening salvo in getting legislation through Congress to fix crumbling roads and bridges. Strategists at Bank…
-
will soon be able to relaunch its payment service in Brazil. According to Reuters, the country’s central bank has approved peer-to-peer payments for the —owned messaging service, allowing users…
-
About 20 per cent of the total, who are into garment-making overcame the shortfall in demand by adding new s of activities like making masks with the help of working…
-
IDBI Bank’s exit from PCA is a crucial step towards carrying out the government’s bank privatisation programme, as it is one of the lenders identified for sale. The Reserve Bank…
-
In a major development, India has reportedly blocked at least two bank accounts of TikT’s parent company ByteDance for alleged tax evasion. As per a report by news agency Reuters,…
-
The lender continues to face technical glitches, even as Reserve Bank of India’s (RBI’s) is conducting a special audit of banks’ IT infrastructure. HDFC Bank on Tuesday said that it…
-
Parking money for the very short term (3-4 months) can be confusing. Each instrument where you can invest short term money has its advantages. One option is to keep it…
-
Paytm Payments Bank had processed 340 million UPI transactions in February 2021. (File image) Traders will now be able to use Paytm’s UPI handle @Paytm to invest in capital markets…
-
Top lenders like State Bank of India (SBI), HDFC Bank, ICICI Bank and Bank of Baroda (BoB) offer extra interest rates over the existing rates on fixed deposits (FD) applicable…
-
The Report of the Committee on Customer Service in Banks of the RBI had in 2011 suggested that the cover be raised dramatically to at least Rs 5,00,000 to draw…
-
NEW DELHI: Net and on banking services of HDFC Bank faced another outage on Tuesday. On , users complained that the outage happened when many were taking care of their…
-
In the absolute terms, gross NPAs of the bank stood at Rs 32,589.08 crore as on March 31 2020, but RBI calculated gross NPAs at Rs 32678.08 crore. The Reserve…
-
CSB reported an 89 % y-o-y increase in its third quarter net profits to Rs 53.05 crore on higher interest and treasury income. CSB Bank said on Thursday it plans…
- Business
Market LIVE: Sensex zooms over 800 pts, tops 49,900, Nifty above 14,750; RIL, HDFC bank top contributors
Nazara Tech IPO listing day strategy: Hefty grey market premium; should you buy or hold after listing? Rakesh Jhunjhunwala-backed Nazara Technologies s will list on stock markets on March…
-
The Thrissur-based lender’s gross advances rose 22.64% YoY to Rs 13,425.24 crore in Q3 while total deposits increased 16.48% to Rs 17,752.97 crore. CSB Bank said it will focus on…
-
As the fixed deposits with banks is secured up to ₹5 lakh, can we now choose any bank to make the FD up to ₹5 lakh which offers higher rate…
-
The weakness seen Monday in banks and cyclical stocks will be short-lived, and investors should buy them on the dip, CNBC’s Jim Cramer said. “When you lo at the stocks…
-
I said the OnePlus 9 Pro was the best phone OnePlus has ever made and while it over-ivers in every category save for its camera, its price might give you…