Notably, gross retail disbursements for the March quarter stood at Rs 7,828 crore, skyrocketing by 154.3 per cent year-on-year.
In the fortnight ended February 28, 2020, bank credit stood at Rs 101.05 lakh crore and deposits at Rs 133.26 lakh crore, the recent data...Read More
Retirement fund body EPFO is likely to announce the rate of interest on provident fund deposits for financial year 2020-21, on March 4, w...Read More
Bank credit grew 5.93 per cent to Rs 107.05 lakh crore, while deposits rose 11.06 per cent to Rs 147.98 lakh crore in the fortnight ended...Read More
Bank credit grew by 5.73 per cent to Rs 105.04 lakh crore while deposits increased by 11.34 per cent to Rs 145.92 lakh crore in the fort...Read More
Bank credit grew at 5.82 per cent to Rs 104.34 lakh crore, while deposits rose by 10.89 per cent to Rs 143.71 lakh crore in the fortnight...Read More
Nobel laureate Muhammad Yunus said that micro-finance institutions (MFIs) in India should be allowed to accept deposits from the public.S...Read More
The country's largest lender has introduced a new product 'SBI Wecare Deposit' for senior citizens in the retail term deposit segment to ...Read More
The Yes Bank rescue has undermined confidence of depositors in private sector lenders and will lead to smaller entities losing deposits t...Read More
Bandhan Bank on Monday said its total deposits grew by 32 per cent to Rs 57,073 crore during the fiscal ended March 2020.
HDFC Bank has bucked what was emerging as a trend of private sector lenders facing a fall in deposit base during the March quarter.
By FPJ Web Desk
This is because the customers withdrew over Rs 18,100 crore that reflected in the banks deposits
By Rupesh Shetty
In the previous fortnight ended Oct 25, 2019, bank credit had grown by 8.90% y-o-y to Rs 98.39 lakh cr.
PMJDY was launched on August 28, 2014, with an aim to provide universal access to banking facilities to the people in the country
By FPJ Bureau
New Delhi : Finance Minister Arun Jaitley on Tuesday nudged banks to think “out-of-box” while doing business and dealing with challenges,...Read More
New Delhi: With reports of Jan-Dhan accounts being used by other people to deposit their unaccounted cash, the Finance Ministry on Tuesda...Read More
The banks have to also report to the government on the Jandhan accounts of the poor if they are used to convert black money into white
Mumbai : The Reserve Bank Governor Raghuram Rajan on Thursday said it is important to tackle illegal raising of deposits while the crime ...Read More
New Delhi : The finance ministry today said it will cut interest rates on some small savings schemes, including 1-3 year postal term depo...Read More
New Delhi : The Islamic Shariat prohibits the Muslims take interest on money deposits that keep them away from the banks’ schemes offerin...Read More