The decrease in deposit rates results in diminished returns for fixed deposit (FD) investors, particularly senior citizens ...
In India, many individuals adopt a multi-credit card strategy to meet various needs, such as instant discounts or cashback.
Banks tend to lower the interest rates on FDs when the RBI decreases its short-term lending rate, popularly known as 'repo ...
Axis Bank Ltd. closed 23.57% short of its 52-week high of 1,339.55 rupees, which the company reached on July 12th.
SBI Mutual Fund has raised its stake in Axis Bank to 5.02%, acquiring over 11 lakh shares amidst fluctuating stock prices. As analysts remain optimistic despite a recent dip, this move signals ...
Even though the market had already factored in the rate cuts, the lowering of interest rates will come in the coming quarters ...
SBI did not have to make a ₹7,100-crore provision for employee pension and wages, boosting profit growth at the country's ...
Retail inflation, which is what the RBI tracks, is expected to come in at 4.8%- 4.9% in FY25, more or less in line with the ...
The microfinance sector is experiencing significant stress, with rising delinquencies affecting banks and non-bank lenders. Seasonal factors and increased borrower indebtedness have prompted cautious ...
Fintech firms like BharatPe and Paytm face increasing competition from banks such as HDFC, ICICI, Axis, and State Bank of ...
The central bank should do much more in terms of durable liquidity improvement, according to Neelkanth Mishra.