#MCPersonalFinance | #Interest rates on savings accounts & fixed #deposits are quite low. To park your surplus #funds, you can consider money #market & low duration schemes. But there are mild risks in such debt funds 👇
https://www.moneycontrol.com/news/business/personal-finance/invest-surplus-cash-in-money-market-and-low-duration-funds-6636531.html?utm_source=telegram&utm_medium=social
https://www.moneycontrol.com/news/business/personal-finance/invest-surplus-cash-in-money-market-and-low-duration-funds-6636531.html?utm_source=telegram&utm_medium=social
Moneycontrol
Invest Surplus Cash In Money Market And Low Duration Funds
Compared to fixed deposits, these debt funds are more tax-efficient for those in the higher slabs. But there may be an element of credit risk.
There has been an uptick in #deposits in #Q4 & mixed performance in advances, with smaller #banks struggling to increase #loans. We take a look at the no's & writes on the scenario ahead.
https://www.moneycontrol.com/news/business/analysis-banks-quarterly-business-update-good-deposit-growth-focus-on-cheaper-casa-but-smaller-banks-struggle-on-loans-6735461.html?utm_source=telegram&utm_medium=social
https://www.moneycontrol.com/news/business/analysis-banks-quarterly-business-update-good-deposit-growth-focus-on-cheaper-casa-but-smaller-banks-struggle-on-loans-6735461.html?utm_source=telegram&utm_medium=social
Moneycontrol
Analysis | Banks’ Quarterly Business Update: Good Deposit Growth, Focus On Cheaper CASA But Smaller Banks Struggle On Loans
The pandemic along with aversion to risky wholesale loans has slowed down credit growth, while deposits have increased because of volatility in equity markets and other asset classes. The second wave of COVID-19 and the extent of lockdowns will shape the…
#MCExclusive | #YesBank is not dependent on large deposits anymore, as 60% of its #deposits are coming from the retail depositor, said the MD & CEO of the Mumbai-based lender, Prashant Kumar.
Read his exclusive interview with Moneycontrol 👇
https://bit.ly/3V4iPmE
Read his exclusive interview with Moneycontrol 👇
https://bit.ly/3V4iPmE
#MCExclusive | #YesBank is not dependent on large deposits anymore, as 60% of its #deposits are coming from the retail depositor, said the MD & CEO of the Mumbai-based lender, Prashant Kumar.
Read his exclusive interview with Moneycontrol 👇
https://bit.ly/3V4iPmE
Read his exclusive interview with Moneycontrol 👇
https://bit.ly/3V4iPmE
#MarketsWithMC | YES Bank 🏦 reports robust growth in Q1 deposits and advances:
Loans up 14.8% YoY to ₹2.3L cr
Deposits surged 20.8% YoY to ₹2.64L cr
Stay updated🔽
https://www.moneycontrol.com/news/business/markets/yes-bank-deposits-advances-growth-12761163.html#google_vignette
#YesBank #Loans #Deposits #Growth
Loans up 14.8% YoY to ₹2.3L cr
Deposits surged 20.8% YoY to ₹2.64L cr
Stay updated🔽
https://www.moneycontrol.com/news/business/markets/yes-bank-deposits-advances-growth-12761163.html#google_vignette
#YesBank #Loans #Deposits #Growth
Moneycontrol
YES Bank rises on strong growth in first-quarter deposits, advances
YES Bank loans and advances rose 14.8 percent YoY to Rs 2.3 lakh crore in the April-June quarter, while deposits grew 20.8 percent YoY to Rs 2.64 lakh crore