The Banking, Financial Services and Insurance sector might have caught the social media fever relatively late but it managed to establish a strong online presence rather quickly. Major companies like ICICI, Axis Bank, HDFC, ING Vysya and many more such brands are highly active on social networkin...
Shadow Bank or NBFC “Shadow bank”, or shadow banking, is often used to describe informal or semiformal lenders in mainland China. Loosely, a shadow bank is an entity that offers financial services similar to a bank but without being part of the regulated banking system. Shadow banks labour...
HDFC Bank is India's most valuable bank today. Luis stepped down as CEO of IDFC Private Equity in 2010. In 2009 IDFC Private Equity was awarded Best Private Equity Firm in India by Private Equity International and Asian Infrastructure Fund Manager of the Year by Infrastructure Investor. Luis ...
But when a Salaried employee has income other than income from salary then he has to worry about Advance Tax.Ex income from other sources such as interest gained (on saving bank account), capital gains, lottery wins, from house property or from business, then advance tax becomes relevant. If...
Minimum Amount It varies from fund to fund It varies from bank to bank Low Conclusion Indubitably, investing in mutual funds has its advantages and disadvantages. While these funds offer the potential for high returns and diversification of investments, they also involve inherent market risks, fees...
S&P Global Market Intelligence data shows that HDFC bank’s deposits rose 15.5% between the 2019 and 2020 Financial Years, while net loans to customers were up 10.4%. HDFC consistently reports above system growth in both metrics because it is continually taking market share from competitors. ...
banks can be availed for tenures ranging from as short as seven days to as long as 10 years. Few of the banks, such as the State Bank of Patiala, IDBI Bank, the Ratnakar Bank, etc. offer FDs that stretch to 20 years as well. The interest on FDs is compounded on a quarterly ...