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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.
It is, therefore, recommended to lock your savings into fixed deposits (FDs) for a medium to long term if you are planning to invest in some safe instruments. I. State Bank of India (SBI): The ...
With the RBI reducing repo rates, fixed deposit interest rates are expected to fall. Experts advise investors to act quickly and lock in higher rates, especially in longer-term FDs, to maximize ...
Fixed-income investments are gaining further attention, especially after the government proposed a potential increase in deposit insurance for FD investors from Rs. 5 lakh.
Their online platform allows users to book fixed deposits by partnering with leading banks and NBFCs, including Utkarsh Small Finance Bank, Unity Small Finance Bank, Suryoday Small Finance Bank ...
Dubai banks hold largest share of the national bank sector’s deposits in January 2025 Total assets of Dubai banks stood at Dh2.025 trillion by the end of January 2025. Gulf News Archives Dubai ...
A well-planned mix of mutual funds, fixed deposits, medium to long duration government and corporate bonds (for instance, AA+ rated bonds) can ensure a risk-return balance. The RBI's repo rate cut ...
With the Reserve Bank of India (RBI ... gains from falling interest rates,” said Panjwani. What should fixed deposit investors do? The repo rate reduction, backed by the favourable liquidity ...
Kotak Mahindra Bank has revised its fixed deposit (FD) interest rates, reducing them by up to 15 basis points (bps) across select tenures. The revised rates are effective from April 9, 2025. The move ...
FD Investors Alert: With the Reserve Bank of India (RBI ... this is also expected to bring down the interest rates of fixed deposits. Further Rate Cuts Expected It is important to understand ...
In the past few days, leadership changes have occurred at South African banks, with Standard Bank giving its current group chief executive officer (CEO) an additional role, Capitec getting a new ...