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Sunday, May 9, 2021

The era of 10-12% return on FDs is never coming back: Axis Bank CEO

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IDFC First Bank Q4 Results: Profit jumps 78% to Rs 128 crore

Total income during the fourth quarter rose to Rs 4,834 crore as against Rs 4,576 crore during the same period of FY20, IDFC First...

Reliance Capital Q4 Results: Loss narrows to Rs 1,649 crore

On a standalone basis, Reliance Capital posted a loss of Rs 3,865 crore as against Rs 2,501 crore at the end of same quarter...

In order to cushion the impact of Covid-19, RBI has cut repo rate aggressively which has resulted in interest rates on SBI fixed deposits coming to as low as 2.9 per cent, which is on par with the interest one earns on savings bank accounts from the bank — a rarity.

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IDFC First Bank Q4 Results: Profit jumps 78% to Rs 128 crore

Total income during the fourth quarter rose to Rs 4,834 crore as against Rs 4,576 crore during the same period of FY20, IDFC First...

Reliance Capital Q4 Results: Loss narrows to Rs 1,649 crore

On a standalone basis, Reliance Capital posted a loss of Rs 3,865 crore as against Rs 2,501 crore at the end of same quarter...

HDFC to off-load 0.62% stake in general insurance subsidiary

HDFC has entered into a share purchase agreement for sale of 44,12,000 equity shares of Rs 10 each, representing 0.62 per cent of the...