#MCPersonalFinance: Here are small #financebanks & private #banks offering the best interest on three-year #FDs.
Take a look ๐
https://www.moneycontrol.com/news/photos/business/personal-finance/how-rbis-repo-rate-hike-has-pushed-small-finance-banks-and-private-banks-to-offer-as-high-as-7-on-three-year-fds-8503511.html?utm_source=telegram&utm_medium=social
Take a look ๐
https://www.moneycontrol.com/news/photos/business/personal-finance/how-rbis-repo-rate-hike-has-pushed-small-finance-banks-and-private-banks-to-offer-as-high-as-7-on-three-year-fds-8503511.html?utm_source=telegram&utm_medium=social
Moneycontrol
How RBI's repo rate hike has pushed small finance banks and private banks to offer as high as 7% on three-year FDs
Several banks have sharply hiked interest rates on fixed deposits across the tenures after the Reserve Bank of India raised repo rate by 40 basis points in this month.
Indian #banks are unlikely to cut back lending to #steel companies despite the likely near-term pressure on their balance sheets due to the govtโs recent #exportdutyhike.
Read the details ๐
https://www.moneycontrol.com/news/business/banks-may-not-cut-lending-to-steel-sector-despite-export-duty-hike-say-rating-agencies-8573541.html?utm_source=telegram&utm_medium=social
Read the details ๐
https://www.moneycontrol.com/news/business/banks-may-not-cut-lending-to-steel-sector-despite-export-duty-hike-say-rating-agencies-8573541.html?utm_source=telegram&utm_medium=social
Moneycontrol
Banks may not cut lending to steel sector despite export duty hike, say rating agencies
The government, on May 21, increased the duty on exports of iron ore to 50 percent from 30 percent and imposed 45 percent duty on pellets. It also imposed a 15 percent export duty on hot-rolled and cold-rolled steel products from nil earlier
Once bitten, twice shy. Yet, Indian banks are again gearing up to support the troubled power sector again.
Piyush Shukla writes for the #PowerShock series. โก๏ธ
Coming up today. #StayTuned! ๐ฅ
#Power #PowerCrisis #Electricity #CoalCrisis #Banks
Piyush Shukla writes for the #PowerShock series. โก๏ธ
Coming up today. #StayTuned! ๐ฅ
#Power #PowerCrisis #Electricity #CoalCrisis #Banks
To rescue the troubled #power sector, #banks are mulling providing priority funding to power plants that are functional but some loans of the generating company have turned non-performing. ๐ฆ
Piyush Shukla tells us more in our special series #PowerShock โก๏ธ
https://www.moneycontrol.com/news/business/banks/banks-come-to-the-rescue-of-the-power-sector-again-8610981.html?utm_source=telegram&utm_medium=social
Piyush Shukla tells us more in our special series #PowerShock โก๏ธ
https://www.moneycontrol.com/news/business/banks/banks-come-to-the-rescue-of-the-power-sector-again-8610981.html?utm_source=telegram&utm_medium=social
Moneycontrol
PowerShock | Banks come to the rescue of the power sector, again!
Banks are even thinking about providing priority funding to power plants that are functional but some loans of the generating company have turned non-performing
๐ฅ #TwitterSpacesAlert ๐ฅ
How #RBI's rate hike impacts #banks, #economy.
Join Piyush Shukla & Siddhi Nayak as they discuss this & more with our ace panel Rajani Sinha, Anil Gupta, & Ritesh Bhusari.
Tomorrow, 8 PM ๐
#StayTuned! ๐ฅ
How #RBI's rate hike impacts #banks, #economy.
Join Piyush Shukla & Siddhi Nayak as they discuss this & more with our ace panel Rajani Sinha, Anil Gupta, & Ritesh Bhusari.
Tomorrow, 8 PM ๐
#StayTuned! ๐ฅ
๐ฅ #TwitterSpacesAlert ๐ฅ
How #RBI's rate hike impacts #banks, #economy.
Join Piyush Shukla & Siddhi V Nayak as they discuss this & more with our ace panel Rajani Sinha, Anil Gupta, & Ritesh Bhusari.
Tomorrow, 8PM ๐
๐: https://twitter.com/i/spaces/1YqGopvwdbEJv
How #RBI's rate hike impacts #banks, #economy.
Join Piyush Shukla & Siddhi V Nayak as they discuss this & more with our ace panel Rajani Sinha, Anil Gupta, & Ritesh Bhusari.
Tomorrow, 8PM ๐
๐: https://twitter.com/i/spaces/1YqGopvwdbEJv
Prior to the governmentโs new overseas investment rules, bankers learned some hard lessons in the #CorporateLoan #business.
Here are the 5 promoters who siphoned funds overseas, defrauded Indian #banks๐
https://bit.ly/3R2Vv65
Here are the 5 promoters who siphoned funds overseas, defrauded Indian #banks๐
https://bit.ly/3R2Vv65
Moneycontrol
Five promoters who siphoned funds overseas, defrauded Indian banks
Prior to the governmentโs new overseas investment rules, bankers learned some hard lessons in the corporate loan business
#TwitterSpacesAlert ๐ข
Why Indian banks get the tech game wrong? ๐ฆ๐ป
Priyanka Iyer & Piyush Shukla discuss this with Ranjeeth Bellary, Naresh Malhotra, Nilufer Mullanfiroze & Aishwarya Jaishankar.
Today at 7PM. ๐
๐ https://twitter.com/i/spaces/1OyJAVMnWErxb
#TwitterSpaces #Banks #Technology
Why Indian banks get the tech game wrong? ๐ฆ๐ป
Priyanka Iyer & Piyush Shukla discuss this with Ranjeeth Bellary, Naresh Malhotra, Nilufer Mullanfiroze & Aishwarya Jaishankar.
Today at 7PM. ๐
๐ https://twitter.com/i/spaces/1OyJAVMnWErxb
#TwitterSpaces #Banks #Technology
#MarketsWithMC | Sensex and Nifty gained 1.7% during the week, buoyed by falling crude prices and a decline in domestic bond yields. Autos were top losers while #banks, capital goods and healthcare were top gainers.
Know more๐ฝ
https://bit.ly/3cXUUnH
Know more๐ฝ
https://bit.ly/3cXUUnH
Moneycontrol
Market likely to witness positive move next week, resistance around 17,900-18,100: Experts
"We need to focus more on midcap and smallcap stocks. In the coming week, we are expecting profit-taking in financial stocks and outperformance in technology stocks," said Amol Athawale, Deputy Vice President - Technical Research, Kotak Securities.
#MCProOpinion: #Investors are watching for signs of a slowing #economy to punch out buy orders. The extent to which central #banksโ actions have messed with investing signals is becoming clearly visible.
What should investors do? Know ๐
https://bit.ly/3CfMlNr
What should investors do? Know ๐
https://bit.ly/3CfMlNr
Moneycontrol
These are ironical times, when a slowing economy triggers an equity rally
If itโs the economy that drives corporate earnings which drive valuations, then a slowing economy should be bad news. But stocks are actually celebrating a slowdown in a sign of the times we live in
#MCProOpinion: While the range between which the #Nifty is oscillating has become much narrower, the ultimate call on whether there will be a breakout or a downswing depends on central #banksโ #MonetaryPolicies.
Read at ๐
https://bit.ly/3COdsQ5
Read at ๐
https://bit.ly/3COdsQ5
Moneycontrol
DIIs to the rescue as FIIs turn their backs - Dรฉjร vu?
In contrast to the last bout of selling, the ongoing FII exodus is much milder. Even VIX is sub-20. The range for Nifty is much narrower too, as it swings between 17,000 and 18,000
#MCPersonalFinance | If you havenโt started with your #tax planning, then plan now as you are around five months away from the financial year-end.
These #banks offer up to 7.25% interest on tax-saving fixed deposits ๐
https://bit.ly/3OkmEkE
These #banks offer up to 7.25% interest on tax-saving fixed deposits ๐
https://bit.ly/3OkmEkE
Moneycontrol
Save Tax and Build Wealth | These banks offer up to 7.25% interest on tax-saving fixed deposits
Small finance banks and smaller private banks top the FD interest rate charts on tax-saving deposits
On #MorningTrade LIVE @ 8.30AM! ๐ฅ
โฉ #Jio, Retail drive RIL's Q3 performance
โฉ Private #banks - strong Q3 report card
โฉ IEX Q3 profit drops 40% YoY
โฉ JSW Energy Q3 profit drops 42% on higher fuel cost YoY
https://www.youtube.com/watch?v=p79_Gtz1MZw
โฉ #Jio, Retail drive RIL's Q3 performance
โฉ Private #banks - strong Q3 report card
โฉ IEX Q3 profit drops 40% YoY
โฉ JSW Energy Q3 profit drops 42% on higher fuel cost YoY
https://www.youtube.com/watch?v=p79_Gtz1MZw
YouTube
Stock Market Live: Time To Buy Private Banks Post Strong Q3? RIL, UltraTech & JSW Energy In Focus
Jio, Retail drive RIL's Q3 performance Private banks - strong Q3 report card IEX Q3 profit drops 40% YoY
Reliance Industries Q3 profit up 0.6% (excl exceptional item) Other stocks in focus are UltraTech Cement, IDFC First Bank, Indian Energy Exchangeโฆ
Reliance Industries Q3 profit up 0.6% (excl exceptional item) Other stocks in focus are UltraTech Cement, IDFC First Bank, Indian Energy Exchangeโฆ
Several #banks have increased their deposit rates in recent weeks in a bid to attract fresh depositors, as banks are scrambling for funds to meet the growing credit demand.
For those who want to know which bank is offering how much interest, hereโs an explainer ๐๐ป
https://bit.ly/3Kgzznv
For those who want to know which bank is offering how much interest, hereโs an explainer ๐๐ป
https://bit.ly/3Kgzznv
Recent #banking sector turmoil could result in #banks becoming more strict in extending credit, Federal Reserve Chair #JeromePowell said. In other words, a credit crunch is coming.
Letโs understand in this video what that means and also how it impacts you! ๐น
https://youtube.com/watch?v=seNPn9gWkQA
Letโs understand in this video what that means and also how it impacts you! ๐น
https://youtube.com/watch?v=seNPn9gWkQA
#MCExplains | RBI Governor #ShaktikantaDas said they expect most of the #Rs2000Notes to return to the #banking system by September 30.
But what do #banks or the central bank do with these soiled or not-in-use notes? ๐ค
Here's an explainer ๐
https://bit.ly/3ow4zHA
But what do #banks or the central bank do with these soiled or not-in-use notes? ๐ค
Here's an explainer ๐
https://bit.ly/3ow4zHA
#MCPersonalFinance: There is a bonanza for #SeniorCitizens who love to invest in #FD. Small finance banks, smaller & new private #banks have lined up interest rates of up to 9.1% on three-year FDs for senior citizens.
Check it out ๐
https://www.moneycontrol.com/news/photos/business/personal-finance/fd-rates-for-senior-citizens-banks-that-offer-up-to-9-1-interest-on-3-year-deposits-11117511-1.html
Check it out ๐
https://www.moneycontrol.com/news/photos/business/personal-finance/fd-rates-for-senior-citizens-banks-that-offer-up-to-9-1-interest-on-3-year-deposits-11117511-1.html
Moneycontrol
Stability AIโs lead threatened by departures, concerns over CEO Emad Mostaque
Interviews with nearly two dozen current and former employees, investors, vendors and contractors describe a disorganized company helmed by an inexperienced CEO with a history of outlandish claims and lofty promises that donโt always come to fruition.
#MarketsWithMC | ๐ปSensex, Nifty down amid heightened volatility; #banks, FMCG lead losses ๐
Read on โฌ๏ธ
https://moneycontrol.com/news/business/markets/mid-day-mood-sensex-nifty-down-amid-heightened-volatility-banks-fmcg-lead-losses-12835399.html#google_vignette?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Read on โฌ๏ธ
https://moneycontrol.com/news/business/markets/mid-day-mood-sensex-nifty-down-amid-heightened-volatility-banks-fmcg-lead-losses-12835399.html#google_vignette?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
Mid-day Mood | Sensex, Nifty down amid heightened volatility; banks, FMCG lead losses
The broader market also reflected this downward momentum, as both the BSE Midcap and Smallcap indices fell 0.4 percent.
#RBIMPC | RBI plans to issue discussion paper on capital raising avenues for urban co-operative #banks (UCBs).
Read on๐
https://moneycontrol.com/banking/rbi-plans-discussion-paper-on-capital-raising-routes-for-urban-co-op-banks-article-12838689.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Read on๐
https://moneycontrol.com/banking/rbi-plans-discussion-paper-on-capital-raising-routes-for-urban-co-op-banks-article-12838689.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
RBI plans discussion paper on capital raising routes for urban co-op banks
RBI Governor Shaktikanta Das said that to provide more flexibility and avenues for urban co-operative banks (UCBs) to raise capital, the apex bank will issue a discussion paper soon.