by OverviewFX | Aug 29, 2024 | Banking & Finance
Paytm shares jumped 5% on the BSE in Thursday’s early trade, reaching a high of Rs 565, after the company received approval from the finance ministry to invest in its payment services business.After this approval, the payment services business, Paytm Payments...
by OverviewFX | Aug 28, 2024 | Banking & Finance
HDFC Bank has modified the loyalty program for specific credit cards. IDFC FIRST has made major changes to its credit card payment terms, such as the minimum amount due (MAD) and payment due date. The updated regulations will take effect on September 1, 2024.A...
by OverviewFX | Aug 28, 2024 | Banking & Finance
Top Senior Citizen Bank Fixed Deposits: Bank fixed deposits are the go-to savings option for risk averse investors. Most banks offer a higher interest rate on bank fixed deposits to senior citizens.Senior citizens can usually benefit from an additional 0.50 percent...
by OverviewFX | Aug 28, 2024 | Banking & Finance
Indian non-banking lender Shriram Finance plans to raise up to $1.5 billion from the overseas market in the current fiscal year in a bid to diversify borrowings, its chief executive told Reuters on Tuesday.”We are targeting to raise anywhere between $1.25...
by OverviewFX | Aug 28, 2024 | Banking & Finance
Mumbai, SBI Managing Director Ashwini Tewari on Wednesday said a correction in the equity markets “over time” can help banks get back the deposits it has ceded. He also said the country’s largest lender is betting on the small-ticket Prime Minister...
by OverviewFX | Aug 28, 2024 | Banking & Finance
The newly announced Unified Pension Scheme (UPS) is set to increase the fiscal deficit by 15 basis points (bps) to 5.1% for the financial year 2025 (FY25), up from the budgeted 4.9%, according to a recent report by the Macquarie Group. The report estimates that the...
