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HDFC Bank launches savings account product

HDFC Bank launches savings account product

Wed, Nov 27, 2024

HDFC Bank on Wednesday launched a new savings account product directed at the semi-urban and rural population. Through the 'Pragati Savings Account', the largest private sector lender is targeting farmers, self-employed individuals, rural residents, self-help groups, and cooperatives, as per a statement.

Cedar-IBSi Capital to fund 10-15 startups in fintech sector

Cedar-IBSi Capital to fund 10-15 startups in fintech sector

Sat, Nov 16, 2024

Cedar-IBSi Capital on Saturday said it is looking to invest in 10-15 startups working in the banking and insurance technology segment to expand its footprint in the country. "The fund plans to build a portfolio of the companies, allocating a budget within the range of Rs 4-10 crore, with an intensified focus on financially strengthening 8 to 10 high-performing companies," it said.

Latest FD Interest Rates: SBI, PNB, HDFC Bank, ICICI Bank, other lenders pay these returns on 3-year deposits now

Latest FD Interest Rates: SBI, PNB, HDFC Bank, ICICI Bank, other lenders pay these returns on 3-year deposits now

Fri, Nov 15, 2024

Latest FD Rates: Fixed Deposits, commonly known as FDs, are a popular investment choice for those seeking safe, predictable returns. With FDs, you invest a lump sum amount for a specific period of time with a bank.

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PMC Bank Fraud: Wadhawans' fleet of Rolls Royce seized, EOW probing daughter-in-law

PMC Bank Fraud: Wadhawans' fleet of Rolls Royce seized, EOW probing daughter-in-law

Sun, Oct 06, 2019

PMC Bank Fraud: Enforcement Directorate on Saturday seized fleets of cars in India, owned by the Wadhawans arrested in the Rs 6,500 crore PMC Bank fraud case.

EXPLAINED! Why YES BANK share price is skyrocketing?

EXPLAINED! Why YES BANK share price is skyrocketing?

Thu, Oct 03, 2019

After bleeding heavily on Monday, the Yes Bank share price skyrocketed more than 30 per cent on Wednesday. According to the stock market experts, promoters holding in the banking stock is less than 1 per cent, mortgaged Yes Bank shares at AMC is no more a tension now for the bank and in Q2FY20 of the Indiabulls Housing Finance, Yes Bank exposure has gone down by 30 per cent. These are some major reasons for the surge in Yes Bank share price, say experts.

ICICI Bank account holders alert!: Home loan, auto, personal, other retail loans turn cheaper from October 1

ICICI Bank account holders alert!: Home loan, auto, personal, other retail loans turn cheaper from October 1

Tue, Oct 01, 2019

ICICI Bank MCLR Rate: The ICICI Bank has announced Dussehra gift for its account holders as the bank has reduced MCLR by 10 basis points.

Your financial life will change starting on October 1! Check out top 5 changes

Your financial life will change starting on October 1! Check out top 5 changes

Tue, Oct 01, 2019

Personal Finance Latest News: From October 1st, there would be various changes that will have direct impact on your pocket like expenses on flights, retail loans, etc.

IOB Loans: Indian Overseas Bank links retail loans with RLLR; Mudra loan, Housing loan, MSME loan becomes cheaper

IOB Loans: Indian Overseas Bank links retail loans with RLLR; Mudra loan, Housing loan, MSME loan becomes cheaper

Tue, Oct 01, 2019

IOB Loans: Chennai based Public Sector Bank Indian Overseas Bank (IOB), has linked Repo Linked Lending Rate (RLLR) to its loans to be sanctioned under the Retail segment.

SBI holiday list in October 2019: State Bank of India closed on 11 days; Check SBI Bank Holidays full list here

SBI holiday list in October 2019: State Bank of India closed on 11 days; Check SBI Bank Holidays full list here

Tue, Oct 01, 2019

SBI holiday list in October 2019: Due to the Dussehra, Diwali and other festivals, the State Bank of India services in October 2019 will remain closed on 11 days.

HDFC Bank account holders ALERT! From credit cards, auto to home loans, big 'Festive Treats' on offer

HDFC Bank account holders ALERT! From credit cards, auto to home loans, big 'Festive Treats' on offer

Mon, Sep 30, 2019

HDFC Bank Festive Treats 2019: HDFC Bank has launched ‘Festive Treats’, India's largest financial services dhamaka that offers credit cards, auto to home loans, 'Festive Treats'.

Bank Holidays In October 2019 ALERT! Banks closed for as many as 11 days in month, ATMs impacted - Check full list!

Bank Holidays In October 2019 ALERT! Banks closed for as many as 11 days in month, ATMs impacted - Check full list!

Mon, Sep 30, 2019

Bank Holidays In October 2019: On account of Dussehra, Diwali and other festivals, the banking services in October 2019 will remain closed on 11 days in the month.

Services sector showing high appetite for credit: FM Nirmala Sitharaman

Services sector showing high appetite for credit: FM Nirmala Sitharaman

Thu, Sep 26, 2019

In her presser after holding a meeting with Private Sector Banks and Financial Institutions in New Delhi today, FM Nirmala Sitharaman said that the services sector showing high appetite for credit.

Big Relief for PMC Bank Customers! RBI raises withdrawal limit to Rs 10,000; MD George Thomas sacked

Big Relief for PMC Bank Customers! RBI raises withdrawal limit to Rs 10,000; MD George Thomas sacked

Thu, Sep 26, 2019

In a bid to provide relief to around 60 per cent of the PMC Bank, the RBI has raised the withdrawal limit of the bank customers from Rs 1,000 in next six months to Rs 10,000.

Big Relief for PMC Customers! RBI raises withdrawal limit to Rs 10,000

Big Relief for PMC Customers! RBI raises withdrawal limit to Rs 10,000

Thu, Sep 26, 2019

In a bid to provide relief to around 60 per cent of the 7 lakh customers of the Punjab and Maharashtra Co-operative (PMC) Bank, the Reserve Bank of India has raised the withdrawal limit of the bank customers from Rs 1,000 in next six months to Rs 10,000.

Bank closure fake news: RBI blasts social media rumours on 9 public sector banks

Bank closure fake news: RBI blasts social media rumours on 9 public sector banks

Wed, Sep 25, 2019

Bank closure: The Reserve Bank of India (RBI) has slammed all social media rumours in regard to the closure of the nine Public Sector Banks.

SBI forecast on bank deposit, GDP, inflation and external benchmarking

SBI forecast on bank deposit, GDP, inflation and external benchmarking

Tue, Sep 24, 2019

SBI forecast: With the introduction of external benchmark linked lending rates, the stage is now set for an extraordinary transmission of a change in repo rate to lending rates.

PMC Bank News! New RBI guideline out - Customers can't withdraw more than Rs 1,000

PMC Bank News! New RBI guideline out - Customers can't withdraw more than Rs 1,000

Tue, Sep 24, 2019

As per the RBI directions, depositors cannot withdraw more than Rs 1,000 of the total balance in their savings/current/other deposit accounts.

IBPS RRB 2019 Result: Scale one scorecard for prelims declares; Click at ibps.in for more details

IBPS RRB 2019 Result: Scale one scorecard for prelims declares; Click at ibps.in for more details

Mon, Sep 23, 2019

IBPS RRB 2019 Result: The Institute of Banking Personnel Selection or IBPS has declared the prelims result of the scale one officer.

Use bank ATMs? Beware! Debit card details, money being stolen!

Use bank ATMs? Beware! Debit card details, money being stolen!

Mon, Sep 23, 2019

Crackdown on cybercriminals: A malware created to infiltrate Indian bank ATMs and steal customers card data has been traced to the Lazarus group.

Special J&K SLBC recommends extension in repayment of loans by 90 days - What J&K Bank MD RK Chhibber said

Special J&K SLBC recommends extension in repayment of loans by 90 days - What J&K Bank MD RK Chhibber said

Tue, Sep 10, 2019

Special SLBC convened by J&K Bank was held today in Srinagar to address difficulties faced by the borrowers and the banks due to disruption in business in the J&K state since August 2019.

State Bank of India FD: SBI fixed deposit holder? Bank reduces interest rates - Here is what you should know

State Bank of India FD: SBI fixed deposit holder? Bank reduces interest rates - Here is what you should know

Mon, Sep 09, 2019

Notably, the new rate of interest will come into effect from 10 September 2019. "In view of the falling interest rate scenario and surplus liquidity, SBI also realigns its interest rate on term deposits (TD) w.e.f. September 10. "

Teacher Day Stock: Share market experts speak on Indianbulls Housing Finance, Tat Motors, Reliance Industries and L&T stocks

Teacher Day Stock: Share market experts speak on Indianbulls Housing Finance, Tat Motors, Reliance Industries and L&T stocks

Thu, Sep 05, 2019

STock market experts are finding Indiabulls Housing Finance at discounter levels and suggest to take sell position in the NBFC counter while Reliance Industries or RIL, Tata Motors and L&T stocks are strong and showing upside bias.

IDBI Bank turnaround: Cabinet approves Rs 4,557-cr capital infusion

IDBI Bank turnaround: Cabinet approves Rs 4,557-cr capital infusion

Tue, Sep 03, 2019

The Union Cabinet chaired by Prime Minister Narendra Modi has approved the infusion of Rs 4,557 crore by the government in IDBI Bank.

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