BW Communities

Articles for Banking & Finance

Axis Bank Increases 2023 FD Interest Rates

Notably, several private and public sector banks have made changes to their Fixed Deposit interest rates in the recent past

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Festival Season Sees Soaring Sales, Offers, Discounts

The festival season drives a significant economic upswing, with retailers like Amazon and Flipkart garnering customer attention through massive sales, while banks offer lucrative deals to encourage card usage

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RBI Penalises RBL Bank, Union Bank Of India, Bajaj Finance For Non-compliance

On Friday, RBI imposed a substantial fine on RBL Bank, Union Bank of India, and Bajaj Finance

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CPI Inflation Dips To 5.02%; Well Within MPC's Inflation Target Band

For the current quarter, the MPC anticipates an average inflation rate of 5.6 per cent, and for the entire year of 2023-24, an average rate of 5.4 per cent

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Quantum AMC Starts Small Cap Fund NFO On 16 October

To ensure good returns for our customers, we will make investments in lesser-known, smaller businesses with growth prospects

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Sidbi, IPPB Ink MoU For Development Of Informal Micro Enterprises

The partnership aims to leverage IPPB’s rural reach and deep connect with village level communities and SIDBI’s lending and credit risk assessment models

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Banks Request RBI To Advance Time For Reporting CRR Status

Banks are requesting for an advancement in the cut-off timing for the Cash Reserve Ratio (CRR)

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Strong Q2 Performance Anticipated From NBFCs, Jio Financial To Commence Earnings Next Week

Analysts foresee positive second quarter for NBFCs, anticipate robust disbursement and AUM growth in targeted segments

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