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Saturday, December 11, 2021

FD rate hikes: Experts don’t see a trend yet

With a few banks and non-banking finance companies hiking interest rates on fixed deposits for certain tenors, experts believe it is too early to dee

from Business Line - Money & Banking https://ift.tt/31TaSt0
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Some banks and NBFCs hike interest rate on fixed deposits

Ujjivan Small Finance Bank, Bajaj Finance, HDFC among those offering interest hikes

from Business Line - Money & Banking https://ift.tt/3GDSJif
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Kotak Mahindra Bank appoints Ashu Suyash as independent director

The appointment is for a period of five years

from Business Line - Money & Banking https://ift.tt/3s0JTH4
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NABARD projects Assam's credit potential at Rs 36,292cr for FY23

Around 52 per cent of the total projected credit potential is estimated for the agriculture and allied activities, and a 36 per cent share for the MSME sector, according to a report - State Focus Paper for 2022-23- released by the rural development bank recently.

from Banking/Finance-Industry-Economic Times https://ift.tt/3IJtexB
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PMC Bank’s loss being thrust on hapless depositors: Sahakar Bharati

Sahakar Bharati has suggested, a part or full of PMC deposits could be converted into bonds with maturity of maximum 7 years.

from Business Line - Money & Banking https://ift.tt/3ELUGZr
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