by OverviewFX | Sep 4, 2024 | Banking & Finance
Highest Fixed Deposit Interest Rates: A fixed deposit (FD) is a financial instrument that allows individuals to invest a predetermined sum of money for a specific duration. The tenure of the fixed deposit can be chosen by the investor, providing flexibility in...
by OverviewFX | Sep 4, 2024 | Banking & Finance
Representative ImageMumbai-based stock broking company Angel One is set to appoint Arief Mohamad as its new chief business officer, two people in the know said.Mohamad has already put in his papers at Flipkart, where he was heading the fashion vertical, the second...
by OverviewFX | Sep 4, 2024 | Banking & Finance
Rating agency ICRA on Wednesday said the evolving asset quality risks will dampen sectoral growth and earnings in the current fiscal, and expected the NBFC-MFIs’ AUM growth to dip to 17-19% in FY2025 from 29% in FY2024.Notably, in its recent report, ICRA highlighted...
by OverviewFX | Sep 4, 2024 | Banking & Finance
New Delhi [India], September 4 (ANI): Amid questions on the depleting loan-to-deposit ratio in Indian banks, a recent report by Motilal Oswal, a financial service company suggests that the loan-to-deposit (LD) ratio is likely to subside on its own in the coming...
by OverviewFX | Sep 4, 2024 | Banking & Finance
Indian rupee declined on Tuesday.The Indian rupee declined on Tuesday, tracking weak Asian peers, but the central bank’s repeated intervention at current levels in the recent past meant that the losses were fairly limited.The rupee was at 83.9475 to the U.S....
by OverviewFX | Sep 4, 2024 | Banking & Finance
HDB Financial Services, the non-banking finance arm of HDFC Bank, is in talks with Bank of America Securities, Morgan Stanley and Nomura to shortlist advisors to a proposed initial public offering (IPO), said people aware of the development. More banks may come on...
