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Govt’s steps to ease NBFC liquidity crisis too short-term: Fitch report

Posted on January 21, 2023

The report, however, said NBFCs will benefit more from the Rs 70,000 crore recapitalisation of state-owned banks, which will increase their capacity to lend more The government measures to provide partial credit…

Kotak Mahindra Bank Q3 profit surges 31 pc to Rs 2,792 crore

Posted on January 21, 2023

Private sector Kotak Mahindra Bank on Saturday reported a 31 per cent jump in its standalone profit at Rs 2,792 in the quarter ended December 2022 aided by improvement in net interest…

This private bank hikes FD rates, senior citizens can get 7.50% in 1 year tenor

Posted on January 21, 2023

South Indian Bank has hiked interest rates on fixed deposits of less than ₹2 Cr. This private sector lender’s official website states that as of January 20, 2023, the bank’s new fixed…

What is cryptocurrency and how does it work?

Posted on January 21, 2023

Cryptocurrency – meaning and definition Cryptocurrency, sometimes called crypto-currency or crypto, is any form of currency that exists digitally or virtually and uses cryptography to secure transactions. Cryptocurrencies don’t have a central…

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