Search For "deposit accounts"
Total business of 28 RRBs crosses ₹12 lakh crore in the First Half of Fina
Updated : 1 month, 1 week ago IST
The commendable performance of all RRBs in the Financial Year 2025-26 (upto December, 2025) was noted and appreciated. At present, 28 RRBs are operating through 22,158 branches across 26 States and 3 Union Territories, covering about 730 districts. Total business of all 28 RRBs has crosse
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RBI DG raises concerns over growing prominence of stablecoins
Updated : 3 months ago IST
"Over time, the form of money has evolved with technology - from commodities to metal to paper to balances in deposit accounts to now, digital tokens. While the forms of money have evolved with technology, the fundamental character of money - what it represents, or what gives it credibility
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Fibe Unveils Digital FDs, Strengthening Its Role as a One-Stop Financial P
Updated : 9 months, 2 weeks ago IST
Mumbai (Maharashtra) [India], June 3: Fibe, one of India's leading digital lending platforms, has forayed into the investment space with the launch of its next-generation Digital Fixed Deposit (FD) offering. Designed with enhanced convenience and accessibility, this product will allow indivi
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Understanding the Significance of Fixed Deposit Receipts
Updated : 11 months, 3 weeks ago IST
Mumbai (Maharashtra) [India], March 25: Fixed Deposit Receipts (FDRs) have emerged as a cornerstone for reliable investment strategies. These are official documents issued by banks or financial institutions when customers open fixed deposit accounts. The FDR contains essential details such a
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Navigating Fixed Deposit Accounts: What You Need to Know Before Investing
Updated : 1 year, 6 months ago IST
Mumbai (Maharashtra) [India], August 24: Fixed Deposits (FDs) have long been a preferred investment option among Indian investors, providing a straightforward way to grow wealth with predictable returns. Shriram Finance, a trusted name in the NBFC space, offers investors an opportunity to
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Effective Methods for Calculating Interest Rates on Fixed Deposit Accounts
Updated : 1 year, 9 months ago IST
Mumbai (Maharashtra) [India], June 6: In the field of financial strategy, Fixed Deposit (FD) accounts present themselves as a steadfast and secure investment solution. The appeal of fixed returns and minimal risk positions them as the top choice for a considerable number of investors. An int
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Launch of Infinite Multistate Credit Cooperative Society: A New Era in Fin
Updated : 1 year, 9 months ago IST
New Delhi [India], June 4: Today marks a significant milestone in the journey of financial inclusivity and cooperative banking with the launch of Infinite Multistate Credit Cooperative Society. As the founder of this ambitious venture, I am immensely proud and excited to present to you an in
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Citi TTS selects Pismo to enrich global demand deposit account solutions
Updated : 2 years, 9 months ago IST
Bristol [England], June 16: Citi Treasury and Trade Solutions (TTS) and Pismo, the next-gen banking and payments software company, jointly announced their relationship in which Citi will use Pismo's technology platform to help strengthen Citi's corporate demand deposit accounts (DDA), to cli
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SC restrains Andhra govt from diverting SDRF funds to personal deposit acc
Updated : 3 years, 11 months ago IST
New Delhi [India], April 13 (ANI): The Supreme Court on Wednesday restrained the Andhra Pradesh government from transferring funds from the State Disaster Response Force (SDRF) to personal deposit accounts and issued notice to the State government.
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Digital transaction charges row: No charges on digital transactions for ba
Updated : 4 years, 3 months ago IST
Mumbai (Maharashtra) [India], November 24 (ANI): Responding to the recent digital transaction row in the State Bank of India, the bank on Tuesday said in a statement that it does not charge any transaction fee from its Basic Savings Bank Deposit (BSBD) customers for digital transactions, inc
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PMJDY turns 7, over 43.04 crore beneficiaries bank under scheme
Updated : 4 years, 6 months ago IST
New Delhi [India], August 28 (ANI): The Pradhan Mantri Jan-Dhan Yojana (PMJDY), which is a national mission for financial inclusion to ensure access to financial services, namely, banking/ savings and deposit accounts, remittance, credit, insurance, pension in an affordable manner, comple
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Demonetisation relaxation: RBI extends withdrawal limits
Updated : 8 years, 6 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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