Weak household savings continue to weigh on bank deposit

The report flags sluggish household deposit accretion and muted growth in low-cost deposits as the key structural...

NIMs of Indian banks to gradually improve led by re-pricing

Indian banks are set for a "decisive profitability inflection point" as net interest margins (NIMs) begin to recover...

Bank deposits with SCBs register 11.3% Year-on-year growth

The surge was primarily driven by a strong rise in term deposits, which grew 13.5 per cent year-on-year,...

Axis Bank Introduces Industry-First ‘Lock FD’ Feature

Mumbai (Maharashtra) [India], August 6: Axis Bank, one of the largest private sector banks in India, today announced...

Deposit growth in India expected to slow to 11.2 pc YoY in 2025

The deposit growth in the country will decelerate to 11.2 per cent YoY in fiscal year 2025, as banks face slower...

Check rate of interest on small saving schemes for Q1 2024-25

The rate of interest for the Sukanya Samridhi Scheme is 8.2 per cent while for three-year term deposits, the...

Bank of Baroda increases interest rates on retail term deposits

Bank of Baroda on Friday announced it will increase interest rates on domestic retail term deposits -- including NRO...

SBI hikes interest rates on bulk fixed deposits by up to 0.90 pc

Mumbai (Maharashtra) [India], May 10 (ANI): The country's largest lender State Bank of India (SBI) has hiked...

PNB hikes interest rates on term deposits by 60 bps

New Delhi [India], May 6 (ANI): Punjab National Bank has increased interest rates on term deposits in selected...

Kotak Mahindra Bank Q3 profit rises 31 per cent to Rs 3,403 crore

Mumbai (Maharashtra) [India], January 28 (ANI): Kotak Mahindra Bank on Friday said its consolidated net profit rose...

SBI marks 75 years of Independence with new offers for customers

Mumbai (Maharashtra) [India], August 16 (ANI): State Bank of India (SBI) on Monday announced several offers,...

Kotak Mahindra Bank Q1 PAT up 32 pc at Rs 1,642 crore

Mumbai (Maharashtra) [India], July 26 (ANI): Private sector lender Kotak Mahindra Bank on Monday reported 32 per...