All Banking & Crypto Related Details

Before making your choice between mutual funds and stocks, you must compare a few critical factors. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/rfw9JDi via IFTTT

For you to understand whether a global fund of Indian Asset Management Companies (AMCs) is safe, let us see how it works from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/YQu6mr3 via IFTTT

Mutual funds pool in money from multiple investors and invest this money in securities like stocks, fixed-income instruments, gold, etc. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/iUeYPNu via IFTTT

Almost all lenders are now likely to follow the SBI in raising their benchmark rates, with the Reserve Bank of India (RBI) likely tightening monetary conditions to restrain inflation. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/CpSemaW via IFTTT

At present, 50% of the bank's retail loans are sourced digitally. Out of this, 97% of the bank's personal loans are disbursed end-to-end digitally while the bulk of the home loan originations is done digitally. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/ILWrtOX via IFTTT

The amount of loans securitised by NBFCs (Non-Banking Financial Companies) and HFCs (Housing Finance Companies) in FY21 stood at Rs 87,300 crore, Icra Ratings said in a report. The agency expects the securitisation volume to touch the pre-Covid level of Rs 2 lakh crore in fiscal 2023-24. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/JQehtp5 via IFTTT

This is the first offshore USD Secured Overnight Financing Rate (SOFR) linked syndicated loan raised by SBI through its Gift City branch, a release said. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/f5m7rFZ via IFTTT