MF trends decoded: More than 50% of new investors from smaller cities
While smaller cities contribute a significant number of new investors, their overall AUM remains lower compared to larger urban centers.
HDFC Bank’s deposit growth rises 5.1%, outpaces credit growth in Q2
HDFC Bank had earlier indicated that it would grow its advances at a slower pace than its deposits as it seeks to bring down its elevated loan-to-deposit ratio (LDR) to pre-merger levels
Immigration helps US economy grow: Why Janet Yellen backs migrants decoded
Yellen’s remarks come at a time when immigration is a central issue in the US presidential election campaign ahead of the November 5 vote
CoinSwitch launches crypto futures trading, offers over 350 contracts
CoinSwitch Futures enables users to take long or short positions on perpetual futures contracts and can also hedge their spot holdings
Festive holiday surge: Udaipur, Dubai, Singapore top getaways this Diwali
Udaipur has emerged as the top trending domestic destination for Indians traveling domestically, witnessing a 220% increase in searches followed by Puducherry (200%) and Mumbai (35%).
Global banks to trial Swift for digital currency transactions from 2025
Central Bank Digital Currencies (CBDCs), digital versions of a country’s official fiat currency, are also being trialled worldwide
Inflation rate under outgoing MPC that decided 25 monetary policies
The outgoing MPC was constituted in October 2020 and is now demitting office
Unlimited rewards: ICICI Bank, MakeMakeMyTrip launch premium credit card
Earn myCash rewards on travel and retail spending, redeemable for travel expenses on MakeMyTrip.
HDFC Bank says sequential rise in deposits outpaced loan growth in Q2
Deposits rose 5.1 per cent from the previous quarter to Rs 25 trillion, after no sequential change in April-June
How Hibox app scammed investors of Rs 500 cr with YouTubers’ help: Decoded
The app, according to police reports, lured investors with promises of guaranteed returns and resulted in a fraud estimated at Rs 500 crore