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A fixed deposit (FD) is a tenured deposit account provided by banks or non-bank financial institutions which provides investors a higher rate of interest than a regular savings account, until the given maturity date. It may or may not require the creation of a separate account. The term fixed deposit is most commonly used in India and the ...
ICICI HFC is registered with National Housing Bank. [14] [15] The company operates all over the country and it has offices in all major cities across India. [16] ICICI HFC fixed deposits have received the highest ratings of MAAA by ICRA, FAAA by CRISIL and AAA rating from CARE. [17] [18]
The actual cost is a fixed amount for a given range of transaction sizes; for example Safaricom charges up to KSh66 (US$0.6) for a transaction to an unregistered user for transactions between KSh10 and KSh500 (US$0.92–US$4.56). For registered users the charge is KSh27 (US$0.25) or 5.4% to 27% for the same amount.
This is the Central Bank of Kenya's list of Licensed Microfinance Banks, updated in August 2024. [3]Caritas Microfinance Bank Ltd; Branch Microfinance Bank Ltd
ICICI Bank Limited is an Indian multinational bank and financial services company headquartered in Mumbai with a registered office in Vadodara.It offers a wide range of banking and financial services for corporate and retail customers through various delivery channels and specialized subsidiaries in the areas of investment banking, life, non-life insurance, venture capital and asset management.
Traditional certificates of deposit. Fixed-rate mortgages. Home equity loans. Personal loans. Auto loans. Small business loans. Federal student loans. Private student loans.
CASA ratio stands for current and savings account ratio. CASA ratio of a bank is the ratio of deposits in current, and saving accounts to total deposits. A higher CASA ratio indicates a lower cost of funds, because banks do not usually give any interests on current account deposits and the interest on saving accounts is usually very low 3–4%. [1]
A Flexi-Fixed deposit is a special kind of deposit offered by banks in India. It is a combination of a demand deposit and a fixed deposit . The depositor is able to enjoy both the liquidity of savings and current accounts and the high returns of fixed deposits.