Search For "bank deposit"
Even with potential cut in repo rate, bank deposit rates unlikely to be lo
Updated : 1 year, 7 months ago IST
A research report highlighted that even if the Reserve Bank of India (RBI) announces a rate cut, deposit costs in the banking system are expected to remain high due to the prevailing high credit-to-deposit ratio.
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ED attaches assets of YouTuber Elvish Yadav, others in money laundering ca
Updated : 1 year, 7 months ago IST
"ED, Lucknow has provisionally attached properties comprising agricultural land at Bijnor (Uttar Pradesh) and bank deposits worth Rs 52.49 lakh belonging to Rahul Yadav alias Fazilpuria, Elvish Yadav and M/s Sky Digital India Pvt. Ltd. under the provisions of PMLA, 2002 in the "wildlife case
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Loan-to-deposit ratio to subside on its own in coming months: Motilal Oswa
Updated : 1 year, 8 months ago IST
Amid questions on the depleting loan-to-deposit ratio in Indian banks, a recent report by Motilal Oswal, a financial service company suggests that the loan-to-deposit (LD) ratio is likely to subside on its own in the coming months.
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Transition from a nation of savers to investors marks a paradigm shift: PF
Updated : 1 year, 8 months ago IST
Deepak Mohanty, Chairperson, Pension Fund Regulatory and Development Authority (PFRDA) on Tuesday said that the share of cash and bank deposits in household financial assets is declining, while investments in bonds and equities are rising in the recent years, alongside a steady increase in f
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Deposit growth of banks will pick up from coming quarters: Axis Securities
Updated : 1 year, 9 months ago IST
The credit growth in the Indian banks will continue to be more than the deposit growth, a report by the 'Axis Securities' has said while also noting that bank deposit growth will pick up in the coming quarters.
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Sitharaman asks public sector banks to work on deposit mobilisation
Updated : 1 year, 9 months ago IST
During deliberations on the deposit mobilisation, the Union Finance Minister stated that while the credit growth has picked up, mobilisation of deposits could further be improved to fund the credit growth sustainably
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Decline in bank deposits is also because of non-uniform tax treatment on v
Updated : 1 year, 9 months ago IST
On the concern over the recent decline in bank deposits, the State Bank of India (SBI) in its latest report asked for tax reforms. The report says tax Reforms for Deposits can accentuate the banking system's stability and resilience to next level.
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SBI report dismisses bank deposit concerns as a 'Statistical Myth'
Updated : 1 year, 9 months ago IST
As Finance Minister Nirmala Sitharaman hold a review meeting with heads of Public Sector Banks and Regional Rural Banks on Monday, the State Bank of India (SBI) in its latest report noted that the belief that the deposit growth in the banking sector is flagging just a statistical myth.
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Declining bank deposits raise concerns about NBFC's fund raising capacity:
Updated : 1 year, 9 months ago IST
Amid the concerns of declining deposits at banks, CareEdge Ratings anticipated that the credit-deposit ratios may pose a concern to the Non-Banking Financial Companies (NBFCs).
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Banks must focus on their core business, come with innovative products to
Updated : 1 year, 9 months ago IST
Union Finance Minister Nirmala Sitharaman, again asked the banks to focus on their core business and come with innovative products to increase deposits.
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Gujarat: Over 1700 Micro ATMs installed at Cooperative Societies in Banask
Updated : 1 year, 10 months ago IST
Notably under this initiative, envisioned by Union Home and Cooperation Minister Amit Shah, over 4 lakh new accounts were opened by cooperative societies and their active members in the District Cooperative Banks of these two districts, resulting in a jump of over Rs. 966 crores in the bank
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After successful pilot, Gujarat to launch 'Cooperation Among Cooperatives'
Updated : 1 year, 10 months ago IST
Notably under this initiative, envisioned by Union Home and Cooperation Minister Amit Shah, over 4 lakh new accounts were opened by cooperative societies and their active members in the District Cooperative Banks of these two districts, resulting in a jump of over Rs. 966 crores in the bank
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