Capitec’s IT spending rises to R3.5bn By Admire Moyo, ITWeb news editor.Johannesburg, 24 Apr 2025Capitec reported a 30% increase in headline earnings to R13.7 billion. Capitec spent R3.49 billion on ...

South African lender Capitec Bank reported on Wednesday a 30% rise in annual profit as net interest income grew by double digits, sending its shares higher.

In a financial landscape where risk and reward often dominate conversations around investing, Axis Bank’s latest campaign for Fixed Deposits, under the tagline #SafeInvestingIsSmartInvesting ...

HDFC Bank has led this cycle of savings rate reductions among large banks—lowering interest on savings account deposits by 25 basis points last week, and on fixed deposits by up to 50 basis ...

Deposits have grown faster than the system and loans. Cost Management: Costs remain under tight control. Asset Quality: Asset quality remains pristine. HDFC Bank Ltd (NYSE:HDB) has successfully ...

IDBI Bank revises FD rates, extends Utsav Deposit scheme beyond April 2025. ICICI Bank cuts savings and FD rates, effective April 17, 2025. ICICI's notable FD rate reduction: 15-18 months tenure ...

FFIC), the parent holding company for Flushing Bank (the "Bank"), announced today they have hired a deposit-focused team of three bankers, Keith Engley, Louis Bidalis, and Vicky Moore, all most ...

Vault22 has announced a game-changing integration with Capitec Bank's Accounts Services API whilst simultaneously launching its much-anticipated Wealth platform. These dual initiatives represent a ...

The bank reported a 6.7 percent year-on-year increase in standalone net profit to Rs 17,616 crore in Q4 At a time when most large banks have cut deposit rates by 30 to 45 basis points (bps ...

Now, children 10 years or above will be able to open and operate a savings account and a fixed deposit account on their own, as per the terms and conditions of the bank. “Minors above such an ...