Pune (Maharashtra) [India], October 24: Fixed Deposits (FDs) remain one of the most preferred investment options, especially for risk-averse individuals seeking a stable return. The guaranteed returns, relatively higher interest rates compared to a regular savings account, and flexibility in
"Interestingly the yearly gap between credit and deposit growth has narrowed down to 150 bps during the latest fortnight which is lowest since 6 May'22. This indicates that deposit growth will soon outweigh credit growth." said the report.
New Delhi [India], October 5: Navigating the world of business banking can be overwhelming for small business owners. From managing daily transactions to planning for long-term growth, having the right banking services can significantly impact your business's success. In this guide, we'll ex
If the Reserve Bank of India goes for a potential 50 basis point (bp) cut in the repo rate, it is expected to negatively impact the net interest margins (NIMs) of large private banks by 15-20 basis points, highlighted a report by Nomura.
"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
Mumbai (Maharashtra) [India], September 25: Fixed deposits (FDs) have consistently been a go-to investment for individuals who prioritise stability and low risk, as opposed to market-linked investments like mutual funds and stocks.
Bangalore (Karnataka) [India], September 20: Jana Small Finance Bank, one of India's leading small finance banks, today announced the launch of a comprehensive solution "Liquid Plus" Fixed Deposit with attractive interest rate of 6.75% p.a. for tenures ranging from 7 to 180 days. The rate is
The Enforcement Directorate (ED) has attached movable and immovable properties in the form of land and buildings and amounts lying in bank accounts in the form of fixed deposits amounting to Rs 43.52 crore in the case of Rs 1438.45 crore bank fraud by Ushdev International Limited (UIL) and o
The deposit growth in the country will decelerate to 11.2 per cent YoY in fiscal year 2025, as banks face slower mobilisation of new deposits, highlights a report by B&K Securities.
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
Speaking at a press conference in Ahmedabad, Singh stated, "NCDs are a small start in public debt securities to allow retail investors to get about 9.90 pc returns."
The PMJDY was announced by Prime Minister Narendra Modi in his Independence Day address on 15th August 2014. The scheme was launched on 28 August a decade ago.