Search For "bank deposit"
Innovation to transform landscape of banking and money: IMF
Updated : 6 years, 7 months ago IST
Washington DC [USA], Sep 29 (ANI): As privately issued stablecoins continue to encroach on more traditional forms of money -- like cash and bank deposits -- policymakers will not simply look on from the sidelines.
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Suspended PMC Bank MD says withdrawal limit for depositors could soon be R
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Sept 28 (ANI): The limit for withdrawal for the depositors of the Punjab and Maharashtra Co-operative (PMC) Bank has been increased to Rs 10,000 and it might soon be extended to Rs 1 lakh, said suspended Managing director of the bank, Joy Thomas.
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SBI customers to continue getting 3 pc interest rate in SB accounts with b
Updated : 6 years, 9 months ago IST
New Delhi [India], Aug 23 (ANI): To protect the interests of saving bank depositors, State Bank of India (SBI) has decided to not reduce interest rate further and hold it at the existing level of 3 per cent for customers with balances above Rs 1 lakh.
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ED attaches bank deposit of Ritu Khaitan under PMLA
Updated : 6 years, 10 months ago IST
New Delhi [India], July 3 (ANI): The Enforcement Directorate (ED) said on Wednesday that it has attached Rs 7.49 lakh lying in a bank account of Ritu Khaitan, wife of VVIP chopper scam case accused Gautam Khaitan, under the Prevention of Money Laundering Act (PMLA).
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Linking bank deposit rates with repo rates to speed up transmission proces
Updated : 7 years, 2 months ago IST
Mumbai (Maharashtra) [India], Mar 9 (ANI): State Bank of India (SBI) Chairman Rajnish Kumar said on Saturday that the country's biggest lender will link its rates of bank deposits for Rs 1 lakh and above with Reserve Bank of India's repo rate.
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Company Fixed Deposits: To perform better than Bank Fixed Deposits in 2019
Updated : 7 years, 2 months ago IST
Pune (Maharashtra) [India] March 5 (ANI): The year 2018 witnessed all developed economies hiking their interest rates. The US Fed hiked it four times, whereas Reserve Bank of India (RBI) increased its policy rates twice. Bank deposit rates have moved in tandem to this increase. Whil
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SBI revises service charges on maintaining monthly average balance
Updated : 8 years, 7 months ago IST
Mumbai, (Maharashtra) [India], September 26 (ANI): India's largest bank, the State Bank of India (SBI), on Monday lowered the minimum average monthly balance (MAB) requirement in a savings account to Rs 3,000 from Rs 5,000.
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Demonetisation relaxation: RBI extends withdrawal limits
Updated : 8 years, 9 months ago IST
New Delhi [India], Nov. 28 (ANI): In a major relief for the common man, the Reserve Bank of India (RBI) on Tuesday extended the withdrawal limit of cash from bank deposit accounts.
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Demonetisation crisis: Odisha CM asks PM Modi to exempt PAN Card provision
Updated : 8 years, 9 months ago IST
New Delhi [India], Nov. 21 (ANI): Chief Minister Naveen Patnaik on Monday met Prime Minister Narendra Modi over the effects of demonetisation in his state and sought exemption from submission of PAN card number for people belonging to the scheduled areas for bank deposits beyond Rs. 50,000.
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