May 10, 2021 08:41 PM IST
HDFC’s resilient performance in FY21 makes it a must-own financial behemoth. We believe the subsidiaries and associate companies will drive the stock higher. Reasonable valuations make it a must-have financial powerhouse.
- May 05, 2021 04:12 PM IST
The central bank has indicated that no punitive restriction on operations of customer accounts shall be imposed by banks till December 31, 2021. Account holders are expected to update their KYC during this period
- May 04, 2021 10:40 PM IST
Kotak Mahindra's stock has underperformed both the Nifty and Bank Nifty in the last three months as its overly cautious approach to growth often doesn’t go down well with growth-hungry investors. More recently, the capping of private bank CEO’s tenure to 15 years by the RBI has raised questions about the bank’s future leadership as founder CEO Uday Kotak’s term ends on December 2023.
- May 04, 2021 10:46 AM IST
Checking bank account entries, mutual fund and insurance statements of the deceased can give an idea of their assets and liabilities
- Apr 19, 2021 07:48 PM IST
Despite the pandemic-induced disruption, HDFC Bank reported yet another consistent performance with net profit rising by 19 percent year-on-year in FY21. Profits growth remained strong despite bank shoring up provisions to deal with the future contingencies and was aided by healthy loan growth, rock-steady margins and better operating efficiency. Watch the analysis to know why HDFC Bank is a must have in your portfolio.
- Apr 07, 2021 09:55 PM IST
The lender said an extraordinary general meeting of the shareholders of UCO Bank will be held on May 7, 2021 (through video conference) for seeking approval f.
- Mar 22, 2021 01:04 PM IST
Series 1 and Series 2 bonds under Tranche 2 LTIB matured on February 21, 2021.
- Feb 19, 2021 02:21 PM IST
The rates offered by State Bank of India and UCO Bank are lower
- Feb 18, 2021 11:35 AM IST
Lack of clarity on RBI’s loan moratorium scheme and issues in digital transactions were key sources of complaints
- Feb 09, 2021 09:56 AM IST
All bank branches in India would put in place the cheque truncation system by September 2021
- Feb 05, 2021 11:18 AM IST
Bandhan Bank and RBL Bank offer interest rates of up to 7.15 per cent and 6.5 per cent, respectively on their savings accounts. HDFC Bank and ICICI Bank offer up to 3.5 per cent interest rates
- Feb 01, 2021 03:33 PM IST
Simplification of forms, I-T filing exemption to those above 75 years of age, reduction in tenure of reassessment, and faceless dispute redressal committees are the highlights.
- Jan 13, 2021 03:40 PM IST
The plaintiffs have said they want Libor to be either prohibited or set at zero with borrowers repaying capital but not interest. However, according to attorneys with banks, regulators have warned that even a small hindrance to Libor could devastate financial markets.
- Dec 14, 2020 08:28 PM IST
Recent steps taken by the Reserve Bank of India with regards to Real Time Gross Settlement System (RTGS) and cheque payments are set to make high-value payments and transactions simpler and safer. Watch the video to know more.
- Dec 11, 2020 11:52 AM IST
Newer private and small finance banks offer higher rates compared to the likes of HDFC Bank and ICICI Bank
- Dec 09, 2020 02:06 PM IST
The Reserve Bank of India has cancelled the licence of Maharashtra-based Karad Janata Sahakari Bank with immediate effect. Moneycontrol's Shraddha Sharma does a 3-Point Analysis to understand the way forward for depositors
- Dec 04, 2020 01:14 PM IST
RBI to mandate more disclosures on complaints, impose penalties on banks. Mechanism to be out in January 2021
- Dec 01, 2020 09:44 AM IST
While a reduction in the loan tenure will result in greater savings in interest paid, opting for the EMI reduction option will lead to higher disposable income
- Nov 27, 2020 12:45 PM IST
IDBI Bank and Canara Bank offer interest rates of up to 3.5 percent and 3.2 percent, respectively on their savings account. SBI and BOB offer lower rates
- Nov 24, 2020 11:12 AM IST
Diwali’s excitement may have led some of us to go overboard on spending. But if you have already overspent this festive season, there are ways to limit the burden
- Nov 23, 2020 10:08 AM IST
In Yes Bank’s and LVB’s cases, a set of stakeholders was made to bear the losses
- Nov 19, 2020 11:03 AM IST
Education loan rates start from 6.8 percent. SBI and Punjab National Bank charge marginally higher rates
- Nov 18, 2020 12:07 PM IST
Lakshmi Vilas Bank account holders can withdraw up to Rs 25,000, including outflows on SIPs and EMIs. Your money is safe. But change bank mandates soon. The merger with DBS Bank will smoothen things
- Nov 17, 2020 10:38 AM IST
IndusInd Bank offers 7 per cent interest, while RBL Bank and Yes Bank offer 6.75 per cent interest on one-year fixed deposits
- Nov 17, 2020 09:48 AM IST
You can get education loans for regular courses that are offered online temporarily due to the pandemic. But for online classes offered by start-ups, you may need to borrow at personal loan rates