Shriram City Union Finance and Shriram Transport Finance Company Raises Fixed Deposit Interest Rates by up to 25bps
Hyderabad, October 17, 2022: One of the largest asset financing companies in India Shriram
Transport Finance Company Limited (STFC) and Shriram City Union Finance (SCUF) a part of
the Shriram Group announced a hike in the fixed deposit rates by 5 to 25 basis points (0.05%p.a. to 0.25%p.a.) across different tenures. Customers can earn interest up to 8.90% on FDs, effective from Oct 14, 2022. Introduces a special benefit for women, with an additional 10bps p.a to be paid on all FD rates to women depositors. Shriram City’s long-term credit rating is AA by CRISIL, ICRA, and India Ratings, and Shriram Transport’s CRISIL AA+/Stable.
Additional interest of 0.50% p.a will be paid to Senior Citizen depositors (Completed age 60
years on the date of deposit/renewal).
Additional interest of 0.25% p.a. will be paid on all Renewals, where the deposit is matured.
Additional interest of 0.10% p.a. will be paid to Women Depositors (new feature).
Ericsson has been named as the leader in ABI Research sustainability assessment
Ericsson has been named the overall sustainability leader in a study conducted by ABI Research that evaluated the capabilities of...
Tara Candle Launches Gulukand Ki Jalebi, a New Fragrance Inspired by Traditional Indian Sweet
Mumbai - 29th March 2023 - Tara Candle, a leading maker of premium scented candles, is pleased to announce the...
Discover the Ultimate Summer Getaway with RCI: Top Destinations for 2023 Travel
New Delhi, 29th March 2023: Summer is here, and it is time to start thinking about your next vacation. There...
Vitraya technologies raised USD 5 million in series A round led by B2B Venture Capital fund StartupXseed
India, 29th March 2023 –Mohali-based Vitraya Technologies, the world's fastest claim settlement platform, raised USD 5 million from a Series...
Ministry of Industry and Mineral Resources issues 124 industrial licenses in January 2023
The Ministry of Industry and Mineral Resources announced the issuance of 124 new industrial licenses during the month of January...
G20 Trade & Investment Working Group Visits the Bharat Diamond Bourse, the Diamond Centre of the World
National, March 2023: The Indian diamond industry hosted the Delegates of the G20 Trade & Investment Working Group (TIWG) at...