Fixed deposits: Kotak Mahindra Bank and Fincare Small Finance Bank have recently revised interest rates on FDs.
Kotak Mahindra Bank reported a Net Interest Margin (NIM) for Q2FY22 was at 4.45% as compared to 4.6% in Q1 FY22
Britsh bank cuts home loan balance transfer rates to 6.45%
Some big commercial lenders offer exclusive facilities only for digital savings account holders.
The interest rate is fixed for all irrespective of his/her monthly income and other factors.
We cannot have our GDP growing at a steady 7-8% pace and the banking sector not participating.
Cabinet approval for production linked incentives (PLI) for auto sector and relief measures for telecom sector boosted sentiments.
Here is the list of top stocks that could be in focus on September 17, Friday.
Home loans: The SBI offer is a first of its kind across the industry and the interest rate is the same up to Rs 75 lakh loan amount.
Nirav Chheda of Nirmal Bang Securities is positive on HDFC AMC with a target price of Rs 3500