Searched for
BANK DEPOSITS
Bank deposits grow 17.8% in August, fastest in decade as FCNR-B inflows mask local mobilisation woesBank deposits grew 17.8% year-on-year at the end of August, the fastest pace in a decade, driven largely by a surge in FCNR-B deposits afte...- Bank of India mobilises $2.33 billion via FCNR(B), enough to meet one-quarter lending needs: CEOBank of India secured USD 2.33 billion through FCNR(B) deposits, replacing bulk funding sources. This mobilization will meet approximately ...
- New-age industries fuelling India's capex cycle, says SBI chiefCorporate spending on infrastructure projects is increasing across India. New sectors like data centers and green hydrogen are driving cred...
- India's BRICS play may have a payment plan with no hard cashIndia is unlikely to back a common BRICS currency at the September 12-13 summit, instead favouring links between national payment systems a...
- SBI chief Setty says $127 billion FCNR inflow won’t trigger lending surgeState Bank of India Chairman CS Setty addressed concerns regarding foreign currency deposit inflows. He stated these funds will be absorbed...
- OBPPs pitch investor protection fund for retail bond investorsProviders of online bond platforms are advocating for the creation of a new investor protection fund. This initiative is designed to serve ...
- Safebox raises $1.11 million seed round to build India’sfamily wealth protection categorySafebox has successfully secured $1.11 million in seed funding to revolutionize wealth management for Indian families. By focusing on conso...
- Should you have multiple bank accounts? Here’s how many you really needShould you keep all your money in one bank account or spread it out? While multiple accounts can aid in budgeting and offer deposit insuran...
- Rs 2.42 lakh FD investment and Rs 1.06 lakh cash deposits, no ITR filed, got income tax notice; senior citizen wins case in ITAT Jaipur after 9-year fightNo ITR filed, yet Rs 2.42 lakh FD investment, Rs 1.06 lakh cash deposits triggers tax notice for senior citizen; she wins case in ITAT Jaip...
- FCNR(B) windfall for banks explained: Who got highest inflows and what it means for investorsFCNR(B) deposits offer banks a cheaper and balance-sheet-efficient source of funding, but their finite tenor and initial deployment challen...
- Gurgaon RWA sought charitable trust registration with rental and maintenance income; ITAT Chandigarh rejected RWA’s appeal for this reasonRWA earned rent by letting out common areas and collected maintenance from residents and seeked charitable trust registration; ITAT Chandig...
- Senior citizen FD interest rates of up to 8.50%: Top 5 fixed deposit rates from PSU, private and small finance banksHighest senior citizen FD interest rates: Small finance banks offer senior citizens the highest fixed deposit rates currently. Equitas, ESA...
- Bhaichung Bhutia net worth: The football icon had Rs 127 crore in assets in 2024, including Rs 124 crore in propertyBhaichung Bhutia's recent election affidavit reveals a substantial asset valuation exceeding Rs 127 crore. His estimated net worth is aroun...
- Puri Jagannath Temple has nearly Rs 2,000 crore bank deposits, owns nearly 61,000 acres of land across 24 districts in Odisha and 6 other statesPuri Jagannath Temple has bank deposits of around Rs 1,911.80 crore and owns 60,821 acres of land across India, according to the Shree Jaga...
- Rupee rises 14 paise to close at 94.59 against US dollarThursday marked the fifth consecutive day of appreciation for the Indian rupee, which increased by fourteen paise, closing at 94.59 against...
- India's bank liquidity surplus hits all-time high riding flood of dollar depositsIndia’s banking system liquidity surplus has surged to a record ₹9.7 trillion ($102.67 billion), surpassing the previous peak seen in Septe...
- India's $127 billion NRI deposits arm gives RBI more firepower, setting rupee up for rallyOn Thursday, predictions suggest that the Indian rupee will continue its upward trajectory. This optimism stems from substantial foreign cu...
- RBI appoints Suman Ray as Executive Director, to head DICGC and Premises DepartmentSuman Ray will assume the role of Executive Director at the Reserve Bank of India. His appointment is effective from September 1, 2026, as ...
- DHFL case: ED freezes bank deposits worth Rs 51.75 croreThe Enforcement Directorate froze bank deposits worth over fifty-one crore rupees. This action is part of a fresh probe into a massive bank...
- Bank credit, deposits decline in fortnight ended August 15: RBI dataBanking sector saw deposits withdrawn and credit outstanding decrease in the fortnight. Banks are not renewing bulk deposits, opting for fo...
Load More
