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  2. Savings account - Wikipedia

    en.wikipedia.org/wiki/Savings_account

    Savings accounts did not exist at most banks in India for a lot of time. People relied primarily on fixed deposits for preserving their savings. Canara Bank (earlier Canara Banking Corporation Limited) introduced the concept of a savings account in 1920, with a set of very rigid rules. If a customer wanted to, he could deposit a minimum of ₹1 ...

  3. Time to move your money: January's best high-yield savings ...

    www.aol.com/finance/best-high-yield-interest...

    CIT Bank’s Platinum Savings account offers a lucrative APY of 4.35%, but this rate requires a daily balance of $5,000 or more. This shouldn't be a problem if you have a large savings balance you ...

  4. HDFC Bank - Wikipedia

    en.wikipedia.org/wiki/HDFC_Bank

    On 4 April 2022, HDFC Ltd announced that it would merge with HDFC Bank, marking India's largest-ever M&A deal. [23] [24] 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.

  5. Best high-yield savings accounts for February 2024 - AOL

    www.aol.com/lifestyle/best-high-yield-savings...

    Online banks typically offer far higher rates than traditional brick-and-mortar branches, which translate to better returns, giving you a more efficient way to save and reach financial goals.

  6. Immediate Payment Service - Wikipedia

    en.wikipedia.org/wiki/Immediate_Payment_Service

    Immediate Payment Service is managed by the National Payments Corporation of India (NPCI) and is built upon the existing National Financial Switch network. In 2010, the NPCI initially carried out a pilot for the mobile payment system with 4 member banks (State Bank of India, Bank of India, Union Bank of India and ICICI Bank), and expanded it to include Yes Bank, Axis Bank and HDFC Bank later ...

  7. Highest savings rates today: Why to move your money to ... - AOL

    www.aol.com/finance/highest-savings-rates-today...

    High-yield savings accounts provide significantly higher earning potential when compared to traditional savings accounts that average 0.46% nationally, allowing your money to grow more ...

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