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
City Union Bank reported a 15 % jump in net profit at Rs 107.84 crore for the second quarter ended September 30, mainly due to drop in co...Read More
New Delhi: The government is likely to lower interest rates on small savings like PPF and post office deposits to bring them in line wit...Read More
Kolkata : Bandhan Bank has fixed the rates of interest for savings and term deposits which would be offered to account holders after it s...Read More
Mumbai: Country’s third-largest private sector lender Axis Bank announced a rate cut of up to 0.25% on its bulk deposits across three di...Read More
New Delhi: Finance Minister Arun Jaitley has set up a committee under RBI Deputy Governor H R Khan to assess the amount of unclaimed dep...Read More
Warning that poor southwest monsoon this year could pose risks to both growth and inflation, RBI Governor Raghuram Rajan keeps repo rate ...Read More