With its latest feature, PhonePe now allows users to easily invest in daily recurring deposits via its user-friendly app. Starting investme...

Household savings increased to 21.7 percent of GDP in 2024-25. Government and RBI measures aim to boost incomes and financial security. RBI...

Select banks offer senior citizens fixed deposit interest rates up to 8.3 percent. Jana Small Finance Bank provides this highest rate for a...

Investors face a choice between single and multiple fixed deposits for large sums. Splitting deposits offers better liquidity and increased...

Senior citizens can earn up to 7.75% p.a. on Bajaj Finance fixed deposits. An online calculator helps estimate maturity amounts for retirem...

Bank of Baroda confirmed a data breach originating from a compromised employee email account. The lender insists its core banking systems r...

Senior citizens can now secure fixed deposit interest rates up to 8.3% for a three-year term with select small finance banks, offering a lu...

The Reserve Bank of India has maintained the Floating Rate Savings Bond interest rate at 8.05% following the Finance Ministry's decision to...

The Reserve Bank of India has cancelled the banking license of Karnataka-based Shree Mahalaxmi Urban Co-operative Credit Bank due to its de...

The restrictions are effective from the closure of business hours on Friday for a period of six months and are subject to review, the Reser...

As of March 2025, the DICGC insured 41.5% of total bank deposits by value, covering ₹100.12 lakh crore. The deposit insurance fund saw a 15...

The Deposit Insurance and Credit Guarantee Corporation (DICGC) has introduced Daava Soochak, an online tool for depositors to track their c...

"With a view to enhance the awareness about deposit insurance in a focused and sustained manner and in consultation with the RBI, it has be...

The Deposit Insurance and Credit Guarantee Corp (DICGC) is suspected to have made substantial purchases at a primary debt auction on Friday...

Banks have been asked to submit claims latest by October 15 and update the position as on November 29, 2021 along with principal and intere...

During a debate regarding the DICGC bill in the Rajya Sabha, it was clarified by the finance minister that PMC Bank depositors will also ge...

The extent of devolvement on DICGC in the event of all the banks ‘under direction’ or weak banks going into liquidation/ordered to be wound...