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3 mins read

Loan-to-deposit ratio will subside on its own in coming months, notes Motilal Oswal report

As of 9th August, 2024 the Indian banking sector's loan-to-deposit (LD) ratio stood at 77.2 %, whic…

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2 mins read

Credit offtake expanded by Rs. 20.4 lakh crore, deposits by Rs 23.9 lakh crore over the last 12 months

Credit offtake is a type of bank credit that assists businesses in getting financing for future pro…

ANI   


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3 mins read

Investors are headed into the worst time of year for stocks. Here's why September is brutal for the market.

The S&P 500 has a history of underperforming each September. On average, it's been the worst month …

Filip De Mott   


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6 mins read

All eyes are on Jackson Hole for clues about the size of September's rate cut

Rate cuts are a lock for the Fed's next meeting in September. But instead of wondering if they'll c…

Dan DeFrancesco   


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2 mins read

FADA urges banks to tighten funding to dealers as rains play spoilsport in August

Auto sales in India experienced a significant decline in August 2024, primarily due to excessive ra…

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2 mins read

Why the Fed will cut rates in September and then stop for the year, chief economist says

After an initial rate cut next month, the Fed will adopt a wait-and-see approach going forward, Tor…

Filip De Mott   


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5 mins read

Banks closed for 1/3rd of October 2023 – Check out dates and details

Over the past few years, the Pradhan Mantri Jan Dhan Yojana saw the creation of over 40 crore ba…

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2 mins read

SBI able to support loan growth, lower deposit growth not a challenge: Khara

Some experts have been opining that this is due to flow of savings into higher yielding capit…

PTI   


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3 mins read

CPI inflation drops to lowest in five years but road ahead could be bumpy: SBI Report

India's CPI inflation dropped to 3.54% in July 2024, the lowest in nearly five years, due to a sign…

ANI   


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6 mins read

Plan in advance: Banks shut in Jan 2024 for New Year, Republic Day and more

In India, both public sector and private sector banks follow the guidelines issued by the Reserv…

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2 mins read

A big rate cut this month would create a 'self-fulfilling prophecy' of recession fears, economist says

If the Federal Reserve cuts interest rates by 50 basis points, it could spark unwarranted recession…

Kelly Cloonan   


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39 mins read

Plan your financial errands – Bank holidays in 2024

In India, banks do no not work on Second and fourth Saturdays of all months. All Sundays are wee…

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2 mins read

Interest rates remain steady once again — but it's likely the Fed will cut rates in September

The Federal Reserve held interest rates steady in its July meeting as pressure mounts on the centra…

Ayelet Sheffey   


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6 mins read

Bank holidays in June 2023 - Kabir Jayanti, Bakrid in the list

Financial planning is a crucially important activity for individuals, businesses and other entities…

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2 mins read

SBI report says inflation will remain around 5 per cent this fiscal

Recent data indicates that the Consumer Price Index (CPI) inflation rose to 5.08 per cent in June 2…

ANI   


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1 min read

5 reasons why stocks are still at risk of another sharp sell-off, Deutsche Bank says

The firm warns that many of the headwinds that catalyzed a sell-off earlier in August are still pre…

Filip De Mott   


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6 mins read

Plan your year-end – Banks shut for nine days all over India in December

Understanding the bank holidays in India is not only a practical necessity but also an opportunity …

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2 mins read

2 economists explain why the Fed should cut rates more than expected next month

Claudia Sahm thinks there's a strong case for a 50-basis point cut in September, given labor market…

Filip De Mott   


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6 mins read

Bank holidays in September 2022

Banks provide an array of banking services like deposits, money transfers and exchanges, safety …

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1 min read

Bank holidays in April 2023

In April, many individuals and businesses open new bank accounts or start fresh financial operation…