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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. [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.
The company provided housing finance to individuals and corporations for purchase/construction of residential houses. [13] [17] The type of loans offered by company included 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 ...
HDFC Bank: Mumbai 49.3 7.7 483.2 133.6 Banking 4 70 Life Insurance Corporation: New Delhi 98.0 4.9 561.4 73.6 Insurance 5 142 ICICI Bank: Mumbai 28.5 5.3 283.5 95.3 Banking 6 207 Oil and Natural Gas Corporation: New Delhi 77.5 5.1 80.6 41.9 Oil and gas 7 259 Indian Oil Corporation: New Delhi 93.8 5.0 57.8 27.8 Oil and gas: 8 284 Tata Motors ...
High-yield savings rates for November 18, 2024. Today’s highest savings rates are at FDIC-insured digital banks and online accounts paying out rates of up to 5.10% APY with no minimums at ...
Here’s how to determine what a good interest rate is on your deposit accounts. ... How to know what a “good” interest rate is today. Matthew Doffing. November 26, 2024 at 1:45 PM.
Data from 1971 to 1991–92 are based on official exchange rates. Data from 1992 to 1993 onward are based on FEDAI (Foreign Exchange Dealers' Association of India) indicative rates. Data from 1971 to 1972–73 for the Deutsche Mark and the Japanese Yen are cross rates with the US Dollar. The Euro replaced the Deutsche Mark w.e.f. January 1, 1999.
Despite the Fed's September cut, mortgage rates have increased over the last month, with the average interest rate on a 30-year fixed-rate loan sitting at about 6.72%, according to Freddie Mac ...
More recently, RBI issued a guideline stating that all eligible borrowers can raise ECB up to USD 750 million or equivalent per financial year under the automatic route. [ 5 ] Borrowers can use 25 per cent of the ECB to repay rupee debt and the remaining 75 per cent should be used for new projects.