S&P expects a slowdown in system-level credit growth to around 14 per cent in FY25, beginning April 1, compared to the about 16 per cent annual growth in the first three quarters of FY24.
Kotak Personal Loans provide flexibility in borrowing, offering amounts from as modest as needed to as high as 40 lakhs.
Several sectors are contributing to the upward momentum, with banking, IT, and pharmaceuticals showing positive trends in early trade. This is in line with the broader market optimism regarding the growth and profitability of these sectors.
Dr Arun Kumar Sahoo said state government welcomes the decision and informs that all safety measures will be taken.
A Kotak report on Saturday said it expects the Reserve Bank to cut policy rates for the fourth time in a row in the next Monetary Policy Committee meeting due in August. The third consecutive rate cut announced in June was the first time since 2013
A new measure introduced by some private banks makes the process of authentication adopted for phone banking much easier for users. In what will come as a major relief for users who frequently use phone
New Delhi: Five dozen companies have lined up to partner with India Post, pegged as the unwanted baggage not too long ago. Biggies in the financial sector wishing to partner with the postal department
New Delhi: India has overtaken China in terms of direct equity allocation by US investors, despite the overexposure within the emerging market that has slowly declined. A data was released by the US Treasury, which
Mumbai: Financial Technologies (India) Ltd (FTIL) today announced that it has entered into a Share Purchase Agreement (SPA) to sell its 15 per cent stake in MCX to Kotak Mahindra Bank for Rs 459 crore.
Mumbai, Oct 31: Mid-size private sector lender IndusInd Bank today became the third bank in the country to raise interest rates on savings account deposits by up to 200 basis points.“The saving accounts balance up
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