by OverviewFX | Sep 2, 2024 | Banking & Finance
Wealth management in India is experiencing rapid expansion, becoming one of the fastest-growing sectors within the financial services industry.This growth is fuelled by the country’s robust economic development and a rising number of ultra-high-net-worth...
by OverviewFX | Sep 2, 2024 | Banking & Finance
Bajaj Housing Finance is set to float its much-awaited Rs 6,560-crore initial share-sale for public subscription on September 9. The initial public offering (IPO) will conclude on September 11 and the bidding for anchor investors will open for a day on September 6,...
by OverviewFX | Sep 2, 2024 | Banking & Finance
Bank of India has revised its fixed deposit (FD) interest rates for amounts less than Rs 3 crore and launched a new special fixed deposit tenure with higher interest rates. The revised FD rates are effective from September 1, 2024.Aadhaar free update, new credit card...
by OverviewFX | Sep 2, 2024 | Banking & Finance
India’s foreign exchange reserves reached a new all-time high of $681.688 billion, $7.023 billion more than the previous record of $674.919 billion, according to the latest data released by the Reserve Bank of India’s latest data. The forex in 2024 alone...
by OverviewFX | Sep 2, 2024 | Banking & Finance
Mumbai: Carlyle-backed PNB Housing Finance aims to close FY27 with an affordable category loan book of ₹15,000 crore, the mortgage lender’s chief executive told ET, underscoring the role these high-yield exposures would play in driving growth. The category now...
by OverviewFX | Aug 31, 2024 | Banking & Finance
The Indian Banks’ Association is likely to ask the central bank to reduce the amount of additional funds lenders will need to set aside against some retail deposits and also seek a delayed and gradual implementation of the proposal, seven sources told...
