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  • Trending

    Bank deposits increase 12% on higher savings, current account growth in FY21: RBI data

    Banks in metropolitan cities, which account for over half of total deposits, accounting for 59.6% of incremental deposits in 2020-21 as compared to 43.2% in the previous year. According to the Reserve Bank of India (RBI) data, bank deposits grew 11.9% YoY during 2020-21 as against 8.8% in 2019-20 on the back of high growth in current account and savings...

    • 15 hrs ago
  • Banking

    Loan for small business: Here are a few useful options

    More than a dozen government-backed schemes are available. (Representative Image) After the setback of Covid-19 pandemic, small businesses in our country are desperately trying to return to normal.Read all the latest updates on COVID-19 here.

    • 18 hrs ago
  • Trending

    FD for 3-5 years: These banks are offering more than 6%; check top-9 lenders

    Private lenders RBL and Yes Bank top the list with 6.3% and 6.25%, respectively. Fixed deposits (FD) are the safest near-guaranteed instruments of growing one's money in short, medium or long term.

    • 20 hrs ago
  • Trending

    This neobank lets Indian immigrants get US credit card without delay

    A bank account and credit card have been launched for students and workers arriving in the US, by a neobank, Zolve, according to a report in The Times of India . Zolve provides global access to financial services.

    • 20 hrs ago
  • Trending

    Here's how you can recover failed ATM transaction costs

    1/8 Most of us have faced issues while withdrawing cash at an ATM. This is often cited as a technical glitch.

  • Trending

    Credit score and Cibil score: Know the difference

    Banks use an applicant's 'credit score' to determine whether or not the applicant is a creditworthy borrower. Loan applicants may find terms such as credit score, CIBIL score, and credit report extremely confusing.

    • 23 hrs ago
  • Banking

    SBI festive home loan: All you need to know

    Currently SBI has 34.77% share of the total home loan market. State Bank of India (SBI) recently slashed home loan interest rate to 6.7% irrespective of the amount and the tenure of the loan. Even balance transfer of home loans is also eligible for this special offer.

    • 23 hrs ago
  • Trending

    The coat and the cloth

    The practice of taking loans existed far before money was invented. It was merely facilitated with the money becoming popular. But at an individual level, debt really turned into a cult with the invention of plastic money.

    • yesterday
  • Banking

    Axis Bank commits Rs 30,000 crore towards sustainable lending till FY26

    The bank will also be increasing its portfolio of green lending. It said that the existing wholesale banking portfolio will be towards SFF, including green and social sectors and would lend to companies where there are green practices.

    • 2 days ago
  • Trending

    BNPL or credit card? A look at points you need to know

    Credit cards provide you with a much wider range of rewards such as cashbacks, air miles, reward points and facilities like special discounts, airport lounge accesses, etc.

    • 2 days ago

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