Tag: indusind bank

India unemployment: India’s unemployment rate surges to four-month high in April
Posted in Economy

India unemployment: India’s unemployment rate surges to four-month high in April

India’s unemployment rate climbed to a four-month high, the latest data showed, as there were more people joining the workforce compared to available jobs in…

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Loans against fixed deposit grow the fastest
Posted in Economy

Loans against fixed deposit grow the fastest

Fixed deposits aren’t just a safe way to park one’s savings, but are becoming a popular tool to borrow funds. As interest rates climb to…

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Provisions dropped 29.5% to 10.30 billion rupees, the company said in an exchange filing.(File image)
Posted in Business

IndusInd Bank’s Q4 profit jumps 50% to ₹20.41 billion

Indian private lender IndusInd Bank reported a bigger-than-expected rise in fourth-quarter profit on Monday, helped by strong loan growth and drop in provisions for bad…

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RBI MPC: Will oil and rain pour over the RBI MPC decision?
Posted in Economy

RBI MPC: Will oil and rain pour over the RBI MPC decision?

Recent happenings can dash hopes of those who have been expecting that the Reserve Bank of India’s (RBI‘s) rate-setting panel, the Monetary Policy Committee (MPC),…

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Posted in Economy

rbi rate hike: ET Poll: RBI may pause rate action with 25 bps hike this week

India’s central bank is likely to raise the cost of funds by a quarter percentage point this week, perhaps for the last time in the…

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SBI, PNB, Kotak Mahindra Bank, DCB Bank, and others: List of banks hiked FD rates in February
Posted in Finance

SBI, PNB, Kotak Mahindra Bank, DCB Bank, and others: List of banks hiked FD rates in February

Many banks have hiked fixed deposit (FD) interest rates soon after the Reserve Bank of India hiked the repo rates by 25 basis points to…

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Indusind Bank FD Interest Rate: IndusInd Bank offers up to 7.5% FD interest rate to general public, 8.25% to senior citizens
Posted in Finance

Indusind Bank FD Interest Rate: IndusInd Bank offers up to 7.5% FD interest rate to general public, 8.25% to senior citizens

IndusInd Bank has increased interest rates on fixed deposits with balances under Rs 2 crore. According to the bank’s website, the new rates are effective…

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Senior Citizens FDs: These 10 banks offer best fixed deposit interest rates for senior citizens
Posted in Finance

Senior Citizens FDs: These 10 banks offer best fixed deposit interest rates for senior citizens

Senior citizen investors may be enjoying their returns on their investment on fixed deposits as the banks are not shying away from increasing their fixed…

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Best Fd Interest Rates: FD interest rate up to 7.25%: 5 banks offering best 1-year fixed deposit interest rate
Posted in Finance

Best Fd Interest Rates: FD interest rate up to 7.25%: 5 banks offering best 1-year fixed deposit interest rate

With a fixed deposit, you can safely save money by placing a specific sum of money in an account for a predetermined period of time…

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FD interest rate up to 7.85%: Banks offering highest 2 year fixed deposit rates
Posted in Finance

FD interest rate up to 7.85%: Banks offering highest 2 year fixed deposit rates

Due to its safety and fixed returns, the fixed deposit (FD) is one of the most popular investments among risk averse investors. One of the…

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