Mon, Aug 19, 2024
The latest State Bank of India (SBI) report highlights the need for tax reforms to address the decline in bank deposits. The report explains how varying tax treatments on different investment options lead to significant disparities in net returns, impacting deposit growth and banking stability.
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Thu, Jul 28, 2022
At 1.5 per cent of total deposits as of July 1, 2022, CDs are yet to touch the peak level of June 2011 when they were at 8.3 per cent of total deposits, the agency said
Thu, Sep 23, 2021
The share of CASA deposits increased to 43.7 per cent in March 2021 compared to 41.7 per cent a year ago, according to the Reserve Bank of India (RBI's) Deposits with Scheduled Commercial Banks - March 2021 data released on Thursday.
Fri, Aug 14, 2020
Bank deposits, especially Fixed Deposits (FD) and Recurring Deposits (RD) are one of the most popular short-term investment tools among earning individuals.
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.
Fri, Jul 17, 2020
Bank deposits, especially recurring deposits (RD) and fixed deposits (FD) are some of the most popular investment tools among the earning individuals.
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.
Wed, Mar 11, 2020
SBI interest rates on fixed deposits of under Rs 2 crore and bulk deposit of Rs 2 crore and above have been cut for the second time in one month.
Tue, Feb 11, 2020
"Of the total deposits of Rs 78,704 crore, the domestic deposits contributed 81.64 per cent, which is Rs 64,257 crore, and the remaining 18.36 per cent, amounting to Rs 14,447 crore, was contributed through NRE (non-resident external) deposits," the report said.
Sat, Jan 25, 2020
Post Office Savings Account: The Department of Post has increased the minimum balance limit from Rs 50 to Rs 500.
Fri, Jan 24, 2020
Fixed Deposit: SBI FD interest rates have been slashed by 15 bps recently, but there are some NBFCs that are giving much higher returns than other leading banks.
Tue, Jan 14, 2020
SBI Online: The State Bank of India (SBI) has slashed long-term Fixed Deposit (FD) interest rates by 15 bps to 6.10 per cent from 6.25 per cent.
Sat, Dec 14, 2019
Bank Savings Account vs Liquid mutual funds: Liquid mutual funds give 5.5 per cent to 6.5 per cent returns while bank deposits give 3.5 per cent to 6.0 per cent return.
Mon, Dec 09, 2019
Bank FD or fixed deposit is the most suitable investment option for senior citizens as they don't want to take any kind of investment risk at this stage of their life.
Tue, Dec 03, 2019
Bank Fixed deposits or FD investments have always been a tricky matter. This aspect needs personal attention, consistent planning and the ideal asset mix.
SBI fixed deposit rate vs Ujjivan Bank: SBI FD rates range from 4.5 per cent to 6.25 per cent while Ujjivan Bank FD rate is 5.5 per cent to 8.3 per cent.
Mon, Dec 02, 2019
Ujjivan Small Finance Bank FD rate starts from 5.5 per cent and goes up to 8.3 per cent.
Fri, Nov 08, 2019
Post Office National Saving Scheme is similar to a bank deposit. Like PPF, investment up to Rs 1.5 lakh in Post Office NSC is also income tax exempted under Section 80C.
Thu, Oct 31, 2019
SBI Online: The State Bank of India or SBI is going to cut your savings account and fixed deposit interest rates from 1st November 2019.
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