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Friday, April 19, 2024

Banks revise FD interest rates in April: IDBI, Federal Bank and more - these 5 banks have changed fixed deposit rates

Banks updated fixed deposit interest rates in April 2024. Fincare SFB, IDBI, Federal Bank, Bank of India, and Suryoday SFB revised rates. New rates apply to different deposit plans, affecting new deposits and renewals.

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Thursday, April 18, 2024

Comparing bank loan interest rates in April 2024: SBI, ICICI, HDFC and 5 other top banks

Banks like ICICI, HDFC, SBI, IDBI, PNB, Yes Bank, Bank of Baroda, Canara Bank updated MCLR rates in April 2024, impacting various consumer loans with adjustments for different tenures.

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0.96% rise in FY24! Why banks are increasing deposit rates

Lenders raised deposit rates by 96 basis points in FY 2024 to address credit demand surpassing deposit growth. The demand for credit exceeded the growth in deposits, leading lenders to increase rates.

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Paytm gets NPCI nod to shift users to other banks

NPCI-approved One97 Communications transitions users to partner PSP banks for seamless UPI payments, leveraging robust infrastructure for users and merchants. Stock price closes at Rs 391.

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Wednesday, April 17, 2024

Bank holiday in several cities on April 19 due to Lok Sabha elections Phase 1; check details

Lok Sabha Elections 2024 trigger bank closures in various cities, with states declaring holidays for voting days. Special provisions by Uttarakhand, Nagaland, and Tamil Nadu facilitate voting participation. Tripura banks close for Garia Puja celebrations.

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