By Raj Deepak Singh, Analyst, ICICI direct Rupee appreciated last week amid weakness in dollar, softening of crude oil prices and upbeat economic data from country. India’s GDP grew by 6.1% in Q4FY23, pushing the overall growth rate to 7.2% for FY23 despite global headwinds. Dollar retreated as disappointing economic data from US and comments […]
Day: June 27, 2023
BoI offers 7.5 per cent interest rate on 175-day special fixed depositBoI offers 7.5 per cent interest rate on 175-day special fixed deposit
State-run Bank of India (BoI) on Tuesday introduced a new bulk deposit scheme offering 7.50 per cent per annum on deposits of Rs 2 crore and above having a 175-day tenure. The city-based bank was offering an interest rate of 6 per cent for a similar amount for 174-day deposits earlier. The new offer is […]
GradRight claims to process loans worth $2 billion in last two years; aims to further expand into international markets GradRight claims to process loans worth $2 billion in last two years; aims to further expand into international markets
GradRight, an ed-fintech firm, claims to have reached out to about two lakh students from tier-2 and tier-3 cities. Approximately 90,000 students actively engage with the platform to determine their optimal college choices and identify suitable loan options, it stated. GradRight claims to assist students throughout the process of filing applications besides loan procedures, providing […]