Plan your insurance redemption proceeds toward your debt payment with the advice of your financial advisor
Slow growth in credit and a fall in loan yields due to low interest rates are the reasons
Custodians ask the central bank to open a dollar placement window and extend forex trading hours
Gross interest income declined for a second consecutive quarter in FY22
The majority of lenders and credit card firms are reluctant to offer money to persons who lack a history of debt
In 2020, there were 14.7 bank branches for every 100,000 adults, which is more than Germany, China, and South Africa
Kotak Mahindra Bank showed the highest growth in credit card spends for September at 27%, followed by ICICI Bank and IndusInd Bank at 13% each
In the first week of November 2021 Indian Bank, Yes Bank, Axis Bank and DCB Bank have revised their fixed deposit interest rates.
The disruptions caused by Covid-19 moderated the portfolio growth to 6% in FY 2021
CSC units are increasingly being accessed by banks and insurance companies, FMCG firms and auto makers, said the report.
