SBI cuts interest rates on savings deposits
New Delhi, Oct 9 (IANS) The State Bank of India (SBI) on Wednesday cut interest rate on savings deposits, with a balance of upto Rs …
Banks’ 2018-19 savings deposits up at Rs 39.72 lakh cr: RBI
Mumbai, Sep 16 (IANS) Indian private and public sector banks (PSBs) had aggregate savings deposits of Rs 39.72 lakh crore as on March 31, 2019, …
SBI reduces interest rate on all term deposits
Mumbai, July 29 (IANS) Country’s largest lender State Bank of India (SBI) on Monday said it will reduce interest paid on all term deposits from …
Bills to check illicit deposits, empowerment of transgenders introduced in LS
New Delhi, July 19 (IANS) A Bill to tackle menace of illicit deposits and another that provides a mechanism for social, economic and educational empowerment …
Unclaimed deposits in commercial banks reach Rs 14,578 cr
New Delhi, July 2 (IANS) The total unclaimed deposits of scheduled commercial banks increased to Rs 14,578 crore in 2018, up 26.8 per cent from …
RBI may toughen NBFCs’ access to public deposits
New Delhi, May 22 (IANS) The Finance Ministry may ask the Reserve Bank of India (RBI) to put strong regulatory framework around NBFCs accessing non-bank …
Scrips tank after DHFL stops accepting deposits
Mumbai, May 22 (IANS) Dewan Housing Finance (DHFL) scrips tanked over 17 per cent on the BSE after the company said it would neither accept …
Bank credit up 13.24% , deposits up 10% in FY19: RBI
New Delhi, April 12 (IANS) Signalling credit offtake, Reserve Bank of India data have shown banks have ended the 2018-2019 with record double digit disbursals …
LVB with Rs 30K cr deposits must be merged with PSU bank
Chennai, April 8 (IANS) Citing the Rs 30,000 crore public deposits in Lakshmi Vilas Bank (LVB), the All India Bank Employees’ Association (AIBEA) has demanded …
Congress to probe post-demonetisation deposits if voted to power
New Delhi, March 11 (IANS) Lambasting Prime Minister Narendra Modi for destroying the economy through demonetisation, the Congress on Monday claimed that if voted to …
SBI to link key pricing decisions on saving deposits to repo rate
Mumbai, March 8 (IANS) Lending major SBI on Friday said it will link key pricing decision for savings bank deposits and short term loans to …
Unregulated deposits ordinance overkill, may dry up funds for realtors: Experts
New Delhi, Feb 25 (IANS) The Banning of Unregulated Deposit Schemes Bill, which has just been enacted through an ordinance with the objective of protecting …
TDS on post office deposits up
New Delhi, Feb 1 (IANS) In a major relief to small savers, the TDS threshold on interest on bank and post office deposits has been …
Gujarat co deposits Rs 2 cr to join Reid & Taylor resolution process
Mumbai, Jan 17 (IANS) Spelling a ray of hope for the beleaguered Reid & Taylor group employees, a Gujarat-based investor CFM Asset Reconstruction Pvt Ltd …
SpiceJet deposits Rs 20-cr additional bank guarantee to AAI
Mumbai, Nov 28 (IANS) Budget passenger carrier SpiceJet on Wednesday deposited an additional bank guarantee worth Rs 20 crore to the state-run Airports Authority of …
ICICI Bank hikes interest rates on fixed deposits of less than Rs 1 cr
Mumbai, Nov 14 (IANS) Private lender ICICI Bank on Wednesday raised interest rates on term deposits of less than Rs 1 crore by 10-25 basis …
AMD to stop exploratory drilling for uranium-rich deposits in Meghalaya
Shillong, Aug 1 (IANS) The Atomic Minerals Directorate (AMD) on Wednesday said it would stop exploratory drilling for uranium-rich deposits in Meghalaya’s South West Khasi …
RS MP questions removal of reply to his query on demonetized deposits
New Delhi, July 30 (IANS) Samajwadi Party MP Neeraj Shekhar on Monday expressed surprise over the “removal” of a reply to his question on the …
Indian deposits in Swiss banks falling sharply since 2014: Piyush Goyal
New Delhi, July 24 (IANS) Finance Minister Piyush Goyal on Tuesday dismissed as “baseless” the allegations of a 50 per cent jump in deposits by …
Congress targets Modi on jump in Indians’ Swiss bank deposits
New Delhi, June 29 (IANS) Congress President Rahul Gandhi on Friday targeted Prime Minister Narendra Modi for 50 per cent jump in Swiss bank deposits …
Illegal Swiss bank deposits to face harsh penal action: Jaitley
New Delhi, June 29 (IANS) Indians who have illegally stashed unaccounted money in Swiss banks would face harsh penal proceedings under the black money law …
Swiss Bank deposits info will be available as of 2018: Goyal
New Delhi, June 29 (IANS) Data of money deposited by Indians in Swiss banks will be available to the government under an agreement signed with …
At one time, BJP workers celebrated saving of security deposits: Shah
Panaji, May 13 (IANS) Pointing out that BJP workers at one point in time celebrated if party candidates saved their security deposits, party President Amit …
Congress leaders saying Sonia’s Karnataka visit can save deposits: Modi
Vijayapura (Karnataka), May 8 (IANS) Prime Minister Narendra Modi on Tuesday took a dig at the Congress, claiming that its leaders were now saying that …
SBI hikes interest rates for fixed deposits across tenures
New Delhi, March 28 (IANS) The State Bank of India on Wednesday raised interest rates on fixed deposits across various tenures by 10-25 basis points. …
0.1% rate cut in provident fund deposits announced (Lead, correcting headline)
New Delhi, Feb 21 (IANS) In a blow to government employees, the Employees Provident Fund Organisation (EPFO) on Wednesday decided to lower the interest rate …
1% rate cut in provident fund deposits announced
New Delhi, Feb 21 (IANS) In a blow to government employees, the Employees Provident Fund Organisation (EPFO) on Wednesday decided to lower the interest rate …
Rajasthan sits over 11.82 crore tonne gold deposits: Experts
Jaipur, Feb 10 (IANS) Nearly 11.48 crore tonnes of gold deposits have been confirmed by scientists and geologists in Rajasthan, with experts claiming that the …