The Public Provident Fund offers a secure avenue for long-term financial planning, besides tax-free returns. It has a minimum ...
The only “overhang” as Ganapathy called it was the CEO’s tenure that was coming up for renewal. With the regulator approving ...
Banks are expected to gain from the income tax incentives announced in the Budget, as the resultant rise in disposable income ...
UPI functionality is available on RuPay credit cards from major banks like HDFC, SBI, and ICICI. Linking a credit card to UPI ...
According to RBI’s notification on February 12, 2025, Scheduled Commercial Banks can issue pre-sanctioned credit lines ...
The Reserve Bank of India last week cut the repo rate from 6.50% to 6.25%, the first such reduction since 2020. According to ...
The Union Budget 2025 proposes raising the TDS threshold, offering additional financial relief to small taxpayers and senior ...
Two, a bank does not benefit from lower deposit rates on its total deposits as it anyway pays no interest on current account deposits and low interest on savings ... HDFC Bank, Axis Bank and ...
Axis Bank’s offerings to its retail customers include a variety of banking products and services such as savings and current accounts, different types of loans and other financial solutions.
HDFC Bank reported its results for the for the ... While term deposits boosted the overall deposit growth, low-cost CASA (current account savings account) balances grew by a modest 4.4 per cent ...
Additionally, integrating digital payment solutions will enhance efficiency and customer convenience while reducing ...
Axis Bank, the country’s third-largest private-sector lender ... Term deposits grew 14 per cent. The share of CASA (current accounts savings accounts) deposits in the total stood at 39 per cent.