by OverviewFX | Sep 9, 2024 | Banking & Finance
~ Samriddhi Singh Mahar As the country grapples with inflation and economic uncertainty, senior citizens are seeking secure investment options to safeguard their savings. Fixed Deposits (FDs) have long been a preferred choice for this demographic, offering a steady...
by OverviewFX | Sep 9, 2024 | Banking & Finance
Reliance’s NBFC arm, Jio Financial Services, and BlackRock Advisors Singapore Pte. Ltd formed joint venture company named “Jio BlackRock Investment Advisers Private Limited’ to undertake investment advisory business, company said through stock exchange...
by OverviewFX | Sep 9, 2024 | Banking & Finance
New Delhi [India], September 9 (ANI): The deposit growth in the country will decelerate to 11.2 per cent YoY in fiscal year 2025, as banks face slower mobilisation of new deposits, highlights a report by B&K Securities.As per the report at the end of fiscal year...
by OverviewFX | Sep 9, 2024 | Banking & Finance
NBFC Shriram Finance plans to raise USD 1 billion (about Rs 8,300 crore) from overseas in the next 6 months to fund its business growth. “We are planning to raise USD 300 million in the next few weeks, may be by October and rest USD 500-700 million during the...
by OverviewFX | Sep 9, 2024 | Banking & Finance
Financial service provider Bandhan Bank on Monday launched the facility to collect Goods and Services Tax (GST), through the online and offline modes from its customers as well as noncustomers. Under this authorsisation, people can pay their GST through the bank’s...
by OverviewFX | Sep 9, 2024 | Banking & Finance
By Nimesh VoraMUMBAI – The Indian rupee is likely to open weaker on Monday, tracking the decline in Asian equities and currencies fuelled by U.S. slowdown worries. The 1-month non-deliverable forward indicated that the rupee will open at 83.97-83.98 to the U.S....
