Search For "deposits"
After a decade, total Jan Dhan accounts reach 53.13 crore with deposits wo
Updated : 1 year, 6 months ago IST
The initiative was announced by Prime Minister Narendra Modi in his maiden Independence Day address from Red Fort in 2014. Later he launched the programme on August 28, 2014.
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Earn High Interest Rates with NBFC Fixed Deposits on Bajaj Markets
Updated : 1 year, 6 months ago IST
New Delhi [India], August 26: Bajaj Markets, an online financial marketplace, offers a wide range of Fixed Deposits (FDs) through its partnerships with some of the leading Non-banking Financial Companies (NBFCs) in India. It allows investors to conveniently compare and invest in FDs from var
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Small finance banks to grow their loan book by 25-27% this fiscal: Crisil
Updated : 1 year, 6 months ago IST
Small finance banks (SFBs) are expected to grow their loan book by a robust 25-27 per cent this fiscal year, Crisil Ratings said on Monday.
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Decline in loan to deposits ratios in banks is because of lower money crea
Updated : 1 year, 6 months ago IST
One of the contributors to the decline in systemic LDR is the lower net money creation by the RBI over the fiscal year 2023-24. Cumulative net fresh money creation during this period amounted to only Rs 0.6 trillion, a contrast to approximately Rs 20 trillion created in the three fiscal year
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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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ED attaches assets worth Rs 19.39-cr of various entities in instant loan a
Updated : 1 year, 6 months ago IST
The Enforcement Directorate (ED) on Thursday has attached properties worth Rs 19.39 crore in the form of bank balances and fixed deposits belonging to various entities connected with instant loan apps cases.
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Charting Your Future Growth: Navigating FD Interest Rates Across Various I
Updated : 1 year, 6 months ago IST
New Delhi [India], August 21: Fixed Deposits (FDs) have long been a cornerstone of investment strategies for countless Indian investors. This is due to low-risk and assured returns. As a result, FDs serve as a vital savings tool, particularly for those looking to secure their financial fu
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Sitharaman asks public sector banks to work on deposit mobilisation
Updated : 1 year, 6 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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Deposit insurers may look for full coverage for small depositors, senior c
Updated : 1 year, 6 months ago IST
Asserting that full insurance coverage for all depositors appears somewhat financially non-viable, RBI Deputy Governor M. Rajeshwar Rao suggested that if this could be given to certain sections of the customers -- small depositors, senior citizens, or pools deposits of smaller depositors
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Decline in bank deposits is also because of non-uniform tax treatment on v
Updated : 1 year, 6 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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Understanding Fixed Deposits and FD Calculation Methods
Updated : 1 year, 6 months ago IST
Mumbai (Maharashtra) [India], August 17: 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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Karnataka government pauses SBI, PNB deposit withdrawals for 15 days
Updated : 1 year, 6 months ago IST
The Karnataka government has temporarily paused the implementation of a circular that directed the withdrawal of deposits and restricted further deposits in all branches of Punjab National Bank (PNB) and State Bank of India (SBI), the state government said in a statement.
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