deposits

Yes Bank's Q4 deposits rise by 55 pc to Rs 1.62 lakh crore

Yes Bank's Q4 deposits rise by 55 pc to Rs 1.62 lakh crore

Notably, gross retail disbursements for the March quarter stood at Rs 7,828 crore, skyrocketing by 154.3 per cent year-on-year.

Bank credit grows by 6.63%, deposits by 12.06%

Bank credit grows by 6.63%, deposits by 12.06%

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

EPFO likely to declare rate of interest on EPF deposits for 2020-21 on March

EPFO likely to declare rate of interest on EPF deposits for 2020-21 on March

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 grows by 5.93%, deposits by 11.06%

Bank credit grows by 5.93%, deposits by 11.06%

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 grows by 5.73%, deposits by 11.34%

Bank credit grows by 5.73%, deposits by 11.34%

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 grows by 5.82%, deposits by 10.89%: RBI data

Bank credit grows by 5.82%, deposits by 10.89%: RBI data

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

Allow MFIs in India to accept deposits from public, says Nobel laureate Yunus

Allow MFIs in India to accept deposits from public, says Nobel laureate Yunus

Nobel laureate Muhammad Yunus said that micro-finance institutions (MFIs) in India should be allowed to accept deposits from the public.S...Read More

SBI cuts benchmark lending rate by 15 bps; launches special deposit scheme for senior citizens

SBI cuts benchmark lending rate by 15 bps; launches special deposit scheme for senior citizens

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

Yes Bank bailout undermines depositor confidence in private banks: Moody’s

Yes Bank bailout undermines depositor confidence in private banks: Moody’s

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 FY20 deposits rise 32 pc to Rs 57,073 cr

Bandhan Bank FY20 deposits rise 32 pc to Rs 57,073 cr

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 reports 7.41% rise in deposits in March-qtr

HDFC Bank reports 7.41% rise in deposits in March-qtr

HDFC Bank has bucked what was emerging as a trend of private sector lenders facing a fall in deposit base during the March quarter.

YES Bank Crisis: Why the private lender's deposits declined last year

YES Bank Crisis: Why the private lender's deposits declined last year

This is because the customers withdrew over Rs 18,100 crore that reflected in the banks deposits

Bank credit grows by 8.07%, deposits 9.92%

Bank credit grows by 8.07%, deposits 9.92%

In the previous fortnight ended Oct 25, 2019, bank credit had grown by 8.90% y-o-y to Rs 98.39 lakh cr.

Deposits in Jan Dhan accounts cross Rs 1 lakh crore

Deposits in Jan Dhan accounts cross Rs 1 lakh crore

PMJDY was launched on August 28, 2014, with an aim to provide universal access to banking facilities to the people in the country

‘Think out-of-box’ : Jaitley advises banks that seek higher capital

‘Think out-of-box’ : Jaitley advises banks that seek higher capital

New Delhi : Finance Minister Arun Jaitley on Tuesday nudged banks to think “out-of-box” while doing business and dealing with challenges,...Read More

Cash deposit limit in Jan-Dhan accounts set at Rs 50,000: Fin Min

Cash deposit limit in Jan-Dhan accounts set at Rs 50,000: Fin Min

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

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Demonetisation effect: All cash deposits to be collated for monitoring

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

‘Need to tackle illegal deposit raising’

‘Need to tackle illegal deposit raising’

Mumbai : The Reserve Bank Governor Raghuram Rajan on Thursday said it is important to tackle illegal raising of deposits while the crime ...Read More

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Govt to cut interest rates on some small savings schemes from April

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

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Bid to pull Muslims to invest in banks

New Delhi : The Islamic Shariat prohibits the Muslims take interest on money deposits that keep them away from the banks’ schemes offerin...Read More

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