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On 4 April 2022, HDFC Ltd announced that it would merge with HDFC Bank, marking India's largest-ever M&A deal. [24] [25] As part of the merger, HDFC Ltd would transfer its home loan portfolio to HDFC Bank, while the bank offered depositors of HDFC Ltd the choice of either withdrawing their money or renewing their deposits with the bank at the interest rate that the bank was then offering.
Current account (balance of payments), a country's balance of trade, net of factor income and cash transfers; Current account (banking), a checking account, held at a bank or other financial institution; Current account mortgage, a type of flexible mortgage loan; Current Account (TV programme), a British current affairs television programme ...
It is now usually given free of cost. For some time, the rate of interest on the balance in the savings account in Indian banks was regulated by the Reserve Bank of India. However, the bank can now keep any rate of interest they deem fit. Banks have to follow the RBI's know your customer guidelines to allow an individual to open a savings ...
The company provides housing finance to individuals and corporations for purchase/construction of residential houses. [13] [17] The type of loans offered by company include loans for purchase and construction of a residential units, purchase of land, home improvement loans, home extension loans, non-residential premise loans for professionals and loan against property and repayment options ...
A recurring deposit is a special kind of term deposit in India that is offered by Indian banks and India Post which helps people with regular incomes to deposit a fixed amount every month into their recurring deposit account and earn interest at the rate applicable to fixed deposits. [1] [2]
The weather outside will soon be frightful. Upstate New York could be facing up to 6 feet of “extreme” snow as the city braces for the coldest temperatures yet this season.
Nainital bank is associated with Bank of Baroda, HDFC Bank, LIC, National Insurance Company Limited etc. [10] Currently, NBL has 170 branches in Uttarakhand, Uttar Pradesh, Delhi, Haryana and Rajasthan. [6] [11] It also provide online facilities, apart from Personal Banking, Business Banking, Rural and Agricultural Banking. In 2024 Wipro ,a ...
The reality star was robbed and held at gunpoint in her Paris hotel room Oct. 3.