हिंदी में पढ़ें

Bank deposits

Decline in bank deposits is also because of non-uniform tax treatment on various investment options: SBI

Decline in bank deposits is also because of non-uniform tax treatment on various investment options: SBI

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.

Will banks be forced to sharply hike their deposit rates in coming months? Icra Ratings report says this

Will banks be forced to sharply hike their deposit rates in coming months? Icra Ratings report says this

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

Bank deposits rise 12 pc in FY21 on higher CASA growth: RBI data

Bank deposits rise 12 pc in FY21 on higher CASA growth: RBI data

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.

TRENDING NOW

Certificate of Deposits fall below Rs 1 lakh crore for the first time in a decade

Certificate of Deposits fall below Rs 1 lakh crore for the first time in a decade

Mon, Oct 16, 2017

Performance in Certificate in deposits have decline by nearly 60% in September 2017. Such decline was on the back of weak credit growth from banks, surge in deposit base post demonetisation.

Can PSU bank merger help them outshine private banks' deposit growth?

Can PSU bank merger help them outshine private banks' deposit growth?

Mon, Aug 28, 2017

Moody's believes that PSU bank merger will be credit positive but banks still need a lot of money for recapitalisation.

Why are banks choosing to cut savings account interest rates?

Why are banks choosing to cut savings account interest rates?

Wed, Aug 09, 2017

Two banks namely Axis Bank and SBI have brought down their savings account interest rates by 50 basis points.

After SBI, Axis Bank cuts interest rate on savings account

After SBI, Axis Bank cuts interest rate on savings account

Tue, Aug 08, 2017

Few days after when SBI revised down its interest rates on savings account, private lender Axis Bank too followed the suit by making 50 basis points revision.

Full Text: Here's what RBI said in its bi-monthly monetary policy

Full Text: Here's what RBI said in its bi-monthly monetary policy

Wed, Aug 02, 2017

India's central bank, the Reserve Bank of India (RBI) on Wednesday cut repo rate by 25 basis points making it the lowest since 2010. While announcing its bi-monthly monetary policy the RBI reduced the repo rate to 6% from 6.25% and slashed reverse repo rate to 5.75% from 6%.

RBI cuts repo rate by 25 basis points; lowest since 2010

RBI cuts repo rate by 25 basis points; lowest since 2010

Wed, Aug 02, 2017

The decision was taken considering the majority of MPC, as four out of six MPC members were in favour of 25 bps cut in policy rate.

10 things to know before RBI's August bi-monthly monetary policy

10 things to know before RBI's August bi-monthly monetary policy

Wed, Aug 02, 2017

Policy repo rate stands at 6.25% presently. Markets are expecting a rate cut while few analysts believe it would be another status quo in this monetary policy review.

Small businesses suffer as India's bruised banks sit on deposits

Small businesses suffer as India's bruised banks sit on deposits

Wed, May 17, 2017

A mountain of bad debt in India`s banking system has led to a prolonged credit crunch that is inflicting most pain on small- and medium-sized enterprises (SMEs) such as Pandey`s that depend upon banks for their day-to-day working capital and longer-term borrowing needs.

Bank deposit rates are falling: What can you do

Bank deposit rates are falling: What can you do

Wed, May 03, 2017

Sadagopan said, "FD rates are a problem area for those who are dependent on the interest from it for their sustenance."

SBI reduces term deposit rates by up to 50 bps

SBI reduces term deposit rates by up to 50 bps

Mon, May 01, 2017

According to the new structure, for two to less than three years deposits, SBI will offer a rate of 6.25 per cent as compared to 6.75 per cent earlier, the bank said. For the similar maturity, the deposit rates for senior citizen have been cut to 6.75 per cent from 7.25 per cent.

Credit growth plunges to over 60 year low at 5% in FY17

Credit growth plunges to over 60 year low at 5% in FY17

Sun, Apr 16, 2017

For the year to March, banks' outstanding credit stood at Rs 78.81 trillion compared to Rs 75.01 trillion as of April 1 2016, show the central bank data.

Indian banks' loans rose 5.1% in two weeks to March 31: RBI

Indian banks' loans rose 5.1% in two weeks to March 31: RBI

Fri, Apr 14, 2017

Indian banks' loans rose 5.1% in the two weeks to March 31 from a year earlier, while deposits rose 11.8%, the Reserve Bank of India`s (RBI) weekly statistical supplement showed on Friday.

9 things to watch out for before RBI's bi-monthly monetary policy

9 things to watch out for before RBI's bi-monthly monetary policy

Thu, Apr 06, 2017

RBI's repo and reverse repo rates are kept unchanged at 6.25% and 5.75% respectively, where it has been since October 2016. Marginal standing facility (MSF) rate and bank rate at 6.75% each.

Growth in digital banking slows down, cash withdrawals fall post March 13

Growth in digital banking slows down, cash withdrawals fall post March 13

Mon, Apr 03, 2017

State Bank of India, in a research report said, “It may be also noted that with the implementation of ban on cash transactions of over Rs 2 lakh from April 1, further decline in cash withdrawals may be a possibility.”

Demonetisation likely to be credit positive for India, Moody's says

Demonetisation likely to be credit positive for India, Moody's says

Wed, Mar 01, 2017

Progress on the pending Goods and Services Tax (GST) reform and Finance Minister Arun Jaitley's 2017 budget speech to parliament both underscore the government's commitment to reform in the wake of demonetisation.

Oriental Bank business figure crosses Rs 3.59 lakh crore: Official

Oriental Bank business figure crosses Rs 3.59 lakh crore: Official

Sun, Feb 19, 2017

"The bank has crossed total business figures of Rs 3.59 lakh crore with total deposits being Rs 2.10 lakh crores as on December 31, 2016," Deputy General Head and Cluster Monitoring Office Head of OBC, Dinesh Kumar Vishnoi told PTI here on the sidelines of 75th anniversary celebrations of the bank.

I-T begins action under Benami Act; issues 87 notices; attaches 42 assets worth crores

I-T begins action under Benami Act; issues 87 notices; attaches 42 assets worth crores

Tue, Jan 31, 2017

To slap the stringent provisions of the Benami Transactions Act was taken after analysing serious cases.

Indian banks' loans up 5.1% year-on-year in two weeks to January 6: RBI

Indian banks' loans up 5.1% year-on-year in two weeks to January 6: RBI

Fri, Jan 20, 2017

Indian banks` loans rose 5.1% in the two weeks to January 6 from a year earlier, while deposits rose 14.7%, the Reserve Bank of India`s (RBI) weekly statistical supplement showed on Friday.

ICRA expects borrowers to switch from base rate to MCLR

ICRA expects borrowers to switch from base rate to MCLR

Tue, Jan 17, 2017

In view of the increased differential of 100 basis points (bps) between base rate and the Marginal Cost of Funds based Lending Rate, the credit rating agency said, it "expects a number of borrowers to switch from base rate to MCLR".

97% of demonetised notes are back? RBI says don't know yet

97% of demonetised notes are back? RBI says don't know yet

Thu, Jan 05, 2017

RBI said, "We would like to clarify that the periodical Specified Bank Notes (SBN) figures released by us were based on aggregation of accounting entries done at the large no of Currency Chests all over the country. Now that the Scheme has come to an end on December 30, 2016, these figures would need to be reconciled with the physical cash balances to eliminate accounting errors/ possible double counts etc."

Load More

LIVE TV

By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

x