Bank of England tightens rules for foreign banks with high-value deposits
Finances

Bank of England tightens rules for foreign banks with high-value deposits

[ad_1] Stay informed with free updates Simply sign up to the UK banks myFT Digest — delivered directly to your inbox. The Bank of England

To protect NIM, State-owned banks letting go low-yield advances and high-cost bulk deposits
Business

To protect NIM, State-owned banks letting go low-yield advances and high-cost bulk deposits

[ad_1]  The cost of deposits continues to be relatively sticky despite two back-to-back repo rate cuts of 25 basis points (bps) each in February and

MFs grow faster than bank deposits despite market volatility
Business

MFs grow faster than bank deposits despite market volatility

[ad_1] Despite volatility in equity markets, mutual fund inflows over the past 11 months have far exceeded bank deposits, In the last 11 months of

4.2% p.a. interest on fixed deposits, farewell. My strategy.
Stock Market

4.2% p.a. interest on fixed deposits, farewell. My strategy.

[ad_1] I received a notification that my 18 months fixed deposits are maturing. Time really flies. Seems like it was only recently that fixed deposits

Nasdaqpicks