Sun, Aug 11, 2024
The report by the rating agency added that enhanced regulatory supervision will lead to higher compliance costs. However, emphasising the need to have greater supervision, it noted its importance for the stability of the sector.
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Wed, May 31, 2023
The Reserve Bank of India (RBI) will launch a new initiative called the '100 Days 100 Pays' campaign, aimed at addressing the issue of unclaimed deposits in the banking system. Responding to Zee Business's question on unclaimed deposits, Finance Minister Nirmala Sitharaman said that it is necessary to have a nominee for bank deposits or savings accounts. Unclaimed assets are increasing due to not having a nominee. Why having a nominee for your investments is important? Watch this special discussion with Deepak Dobhal in India 360.
Fri, Aug 05, 2022
"When there is a credit offtake, banks can sustain and support that credit offtake only if they have higher deposits. They cannot be relying on the central bank money on a perennial basis to support credit offtake they have to mobilise their own resources and funds," Das told reporters today
Tue, Aug 11, 2020
Growing one's money at a faster rate than others is one of the most common goals of an investor. All we need to do is keep things simple and move forward with focus on our goal - how to become a millionaire.
Tue, May 12, 2020
SBI Fixed Deposit Rate: The State Bank of India (SBI) has introduced new Senior Citizen Scheme ‘SBI Wecare Deposit’ in the Retail TD segment.
SBI FD Rates Today: The state Bank of India (SBI) has cut down its SBI fixed deposit rates from today by 20 bps (0.20 per cent) for ‘up to 3 Years’ tenor.
Fri, May 08, 2020
Lockdown in India: Paytm Payments Bank Ltd (PPBL) has crossed Rs 600 crores in fixed deposit accounts, held with its partner IndusInd Bank.
Sat, Apr 11, 2020
The Narendra Modi Government has recently slashed small savings scheme interest rates but still these schemes are more lucrative than bank fixed deposits.
Wed, Apr 08, 2020
SBI has announced a reduction in its savings bank account annual interest rate to historic low of 2.75 per cent.
Tue, Feb 04, 2020
Banks credit and deposits grew 7.21 per cent and 9.51 per cent to Rs 100.05 lakh crore and Rs 131.26 lakh crore, respectively, in the fortnight ended January 17, according to the latest Reserve Bank data
Mon, Nov 25, 2019
Ranging from 8 per cent to whopping 9 per cent, Bank Fixed Deposit or bank FD returns are giving better returns than debt mutual fund schemes.
Fri, Nov 22, 2019
Money Tips: Oh, to become rich! Turn that cry of despair around and instead try this! Well, an ideal ratio of fund allocation in Bank FD, Debt Funds and Equity Mutual Funds has to be maintained, says experts. And what is that money-making ratio? Read on!
Thu, Oct 17, 2019
Today in Aapki Khabar Aapka Fayda: Who will make this ensure that bank deposit money is secure?
Sources: Indian Govt preparing to increase insurance cover on Bank deposit.
Wed, Oct 16, 2019
SBI vs Axis Bank vs HDFC Bank: For both short-term and long-term RD, SBI seems a loser against HDFC Bank and Axis Bank.
PMC Bank account holders who have little above Rs 1 lakh deposits should immediately withdraw Rs 40,000 — the withdrawal limit is given by the Reserve Bank of India to the PMC Bank customers.
A huge number of banking scams and other crises have got bank account holders worried about their money in banks! Will they lose it all? Account holders of PMC Bank and Yes Bank had been scared witless by the crises that hit them. What of others?
Thu, Sep 26, 2019
RBI puts curbs on PMC Bank, customers panic ''क्या आपका बैंक डिपॉजिट सेफ है?''
Fri, Jun 14, 2019
RBI's back-to-back rate cut is setting a new trend for banking system’s deposits, lending and CASA.
Wed, Jul 25, 2018
The non-PCA PSBs advances market share is expected to be maintained at 50-51%
Fri, Jun 08, 2018
Unclaimed deposits are those which has not been claimed by depositors for a period of 10 years. Such amount is transferred by the banks to the fund for education and awareness purpose.
Tue, Aug 01, 2017
With State Bank of India (SBI) announcing the revision of interest rates on savings account for balances of Rs 1 crore and below, other banks likely to follow suit.
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![Interest rates war in offing? "Winners will be larger banks," says S. Sridhar, Chairman, IMC BFSI Committee](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_160x90/public/2019/06/14/90912-sridhar.png?itok=NT-N7M9S&c=3d622718d6058de76b207b05923b2deb "Interest rates war in offing? "Winners will be larger banks," says S. Sridhar, Chairman, IMC BFSI Committee")
