Market regulator Securities Exchange Board of India (SEBI) on Tuesday issued a consultation paper on strengthening governance of the Market Infrastructure Institutions (MIIs) such as Stock Exchanges, Clearing Corporations, and Depositories.
Public sector banks (PSBs) in the country rely more on deposits as compared to private banks whereas private sector banks, on the other hand, actively use borrowings to manage their funding needs, according to a report by HDFC Securities.
New Delhi [India], June 23: Federal Bank, a leading private sector Bank, launches its latest integrated marketing campaign titled Savings Ki Vidya, to prime up its deposit books. The new campaign 'Savings ki Vidya', featuring acclaimed actress and brand ambassador Vidya Balan in a refreshing
Private banks in India have been steadily increasing their share in total bank deposits over the last five years, while public sector banks (PSBs) have witnessed a decline, according to data shared by Union Bank of India.
Indian banks are expected to maintain steady performance across most credit metrics in the financial year 2025-26 (FY26), though earnings may come under pressure, according to a recent report by Fitch Ratings.
Foreign investment in the Indian equity market remained positive during the week from June 16 to June 20, though the net inflows declined compared to the previous week, as per the latest data released by the National Securities Depository Limited (NSDL).
The Ministry of Finance on Friday addressed recent media reports concerning an increase in money deposited by Indian entities in Swiss bank accounts, providing an update on India's ongoing efforts to combat offshore tax evasion through international exchange of information.
Deposits of Indian customers in Swiss banks have declined by around 18 per cent over the past decade, according to the latest figures released by the Swiss National Bank (SNB).
The Election Commission of India (ECI) successfully implemented several new electoral initiatives during bye-polls in five Assembly Constituencies across Gujarat, Kerala, Punjab, and West Bengal. Key reforms included mobile deposit facilities at polling booths, faster voter turnout reporting
In the current fortnight, deposit growth has outpaced credit growth and credit offtake and deposit growth has cooled, according to a report by CareEdge.
On Wednesday, in a post on social media platform X, the bank stated, "The #CentralBankUAE has decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF) at 4.40 per cent."
New Delhi [India], June 18: The buzz around upcoming IPOs continues to grow as more companies prepare to make their debut on the stock market. With public offerings gaining momentum and investor sentiment holding strong, the IPO pipeline for mid-2025 is actively unfolding, featuring several