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Axis Direct provides a 3-in-1 Online Investment Account [2] which is a combination of Axis Bank Savings along with an Axis Direct trading and Demat account services: Equities – Invest online in stocks of listed companies; Mutual Funds – Invest in mutual funds including equity, hybrid, tax saving or debt schemes from asset management companies
On 30 July 2007, UTI Bank changed its name to Axis Bank. [16] In 2009, Shikha Sharma was appointed as the MD and CEO of Axis Bank. [17] In 2013, Axis Bank's subsidiary, Axis Bank UK commenced banking operations. [18] The Indian government intends to sell a 20.7% stake in Axis Bank in February 2014 for 57 billion rupees, equivalent to 925 ...
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 ...
High-yield savings accounts: Like a checking account, you have free rein to deposit and withdraw your money when you use a high-yield savings account, making it a good option if you need ongoing ...
The Federal Reserve has made two cuts to its benchmark interest rate so far in 2024, in response to cooling inflation. And the central bank is by no means done. The Fed still needs to reverse the ...
CIT Bank’s Platinum Savings account offers a lucrative APY of 4.55%, 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 ...
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