Maharashtra Elections 2024: On account of voting for state elections in Maharashtra on November 20, several services like banks will remain closed. Let's find out which services will be operational and which will be closed.
Banks and NBFCs are offering Senior Citizen Fixed Deposits exclusively for individuals aged 60 and above. These FDs offer higher interest rates than regular FDs, giving retired employees a reliable source of income and financial security during their golden years.
Looking for the best fixed deposit rates? This guide breaks down the top 7 banks in India offering the highest interest rates on 3-year FDs. See the latest rates from private and public sector banks, with enhanced returns for senior citizens.
The banks and other lenders come up with festival special offers that include lower processing fees and reduced interest rates for home loan borrowers, however, experts suggest that consumers should stay vigilant about hidden terms and conditions, considering their long-term financial goals.
Fixed Deposits (FDs) have consistently been a go-to investment for individuals who prioritise stability and low risk, as opposed to market-linked investments like mutual funds and stocks.
Dussehra holidays: Banks will remain closed during the Durga Puja and Dussehra festivities across India. But, the number of holidays will vary based on the states and their celebrations of the festivals. In some states, banks are closed for four days in a row.
Finance Minister Nirmala Sitharaman highlighted the crucial role of banks in India's vision for 2047. She called for enhanced infrastructure development, MSME support, financial inclusion, and digital security while praising the global success of UPI.
During the stringent vehicle inspection, the Noida Police, with Police Commissioner Laxmi Singh at the helm, particularly checked vehicles with black films on their windows. The police also conducted a security review of a bank in Sector 20.
A Fixed Deposit (FD) account is a financial product where an investor deposits a lump sum of money for a predetermined period, and the interest rate remains fixed throughout the duration of the deposit.
The Average Minimum Balance (AMB) is the minimum amount that must be maintained in your savings account to avoid being charged for non-maintenance.
Finance Minister Nirmala Sitharaman urged banks to prioritise their core business activities, emphasising the necessity of collecting deposits and lending with increased strictness.
A glitch in Microsoft services caused widespread reports of disruptions in international airlines, banks, businesses and media outlets. The outage lasted roughly six hours before Microsoft the problem and reported progress in fixing the technical issue, with residual impact
In July 2024, there are 12 bank holidays including the weekends. These holidays also include Muharram which will be observed on Wednesday. Here is the complete list of states where banks will remain closed.
In the SBI versus Rajesh Agarwal case, a Supreme Court bench led by CJI DY Chandrachud batted for the rights of the borrower to be heard before an account is classified as fraud.
The Indian stock market showed signs of recovery on Tuesday as the Sensex surged by 237.05 points to reach 77,578.13, while the Nifty also rose by 65.8 points, reaching 23,603.65 during early trade.
Analysts expect the market to consolidate at higher levels, with budget-related sectors drawing attention. Global markets showed mixed performance, and oil prices continued to decline.
The Indian stock markets opened at fresh record highs on Thursday following the US Federal Reserve's decision to keep interest rates unchanged. The Fed also indicated only one rate cut by the end of the year despite high inflation.
Bank Holidays in June 2024: All public and private banks in India, including the State Bank of India, will be closed for at least 12 days in June 2024 due to religious festivals, regional holidays, and weekends.
Delhi, Haryana and five other states including UP, Bihar, West Bengal, Odisha and Jharkhand will vote in the sixth phase of Lok Sabha elections on May 25.
As worries surrounding the general elections persisted, both the Sensex and the Nifty 50 witnessed a significant drop of over 1 per cent during Thursday's trading session. The volatility intensified on the weekly Nifty options expiry day, adding to the market turmoil.
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