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JAGANNATH TEMPLE BANK DEPOSITS
Retired Air Marshal Jeetendra Mishra appointed 1st Ram temple Trust CEOThe Shri Ram Janmabhoomi Teerth Kshetra Trust appointed Air Marshal Jeetendra Mishra as its first chief executive officer. Swami Govinddev ...- 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...
- Explained: What $127 billion FCNR(B) inflows mean for ICICI Bank, HDFC Bank, other bank stocksClosing the FCNR(B) scheme has led to a noteworthy increase in dollar inflows, which has positively impacted foreign exchange reserves. Ind...
- GIFT IFSC emerges as international banking hub with $52.82 bn FCNR(B) disbursals: Uday KotakGIFT IFSC banking units are channeling foreign-currency deposits into financing. These units funded fifty-two billion dollars of FCNR(B) de...
- 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...
- Indian banks raise over $136 bn via RBI forex swap, FCNR(B) deposits dominate inflowsIndia's banking system attracted over $136 billion through a special Reserve Bank of India swap facility. Foreign currency non-resident dep...
- ICICI Bank raises $17.9 billion through FCNR(B) window, boosts lending liquidityICICI Bank secured approximately $17.88 billion via the RBI's special swap facility. This mobilization provides the bank with substantial f...
- Indian banks slash FCNR deposit rates by up to 310 basis pointsIndian banks have lowered interest rates on foreign-currency deposits significantly. This action follows the closure of the Reserve Bank of...
- Banks slash FCNR (B) interest rates: HDFC Bank, ICICI Bank, SBI, PNB, Axis Bank revise rates on 3-5-year depositsFCNR (B) deposit interest rate cuts have particularly been made in deposits of three to five years, which had higher interest rates after t...
- Tamil Nadu temple mobile ban: Vijay govt restricts phone entry at 50+ temples, Rs 5 to be charged for depositTamil Nadu Temples Mobile Ban List: Tamil Nadu has introduced a mobile phone restriction at 52 major temples from September 1 to preserve t...
- NHAI gets 17 bids for ₹8,300 crore Odisha coastal highway projectIn a significant development, the National Highways Authority of India has received an overwhelming response for its new coastal highway pr...
- Banks seek CRR cut on green deposits to boost green lending in IndiaIn a bid to boost climate and transition finance, banks are pressing for a lower cash reserve ratio for green deposits. Presently, estimate...
- People aged above 40 account for 76 pc of individual deposits in banks: RBI dataIndividuals over forty hold most bank deposits, while younger workers contribute less. Term deposits grew significantly, outpacing savings ...
- Banking system surplus liquidity reaches Rs 5 lakh crore, highest in over four monthsBy the close of August, liquidity within the banking sector surged to close to Rs 5 lakh crore, fueled by government spending and inflow of...
- Numbers Boost: FCNR-B inflows help banks cut expensive bulk depositsIndian banks are actively reducing costly bulk deposits after strong foreign currency inflows. This strategy helps optimize funding costs a...
- Banks are in good shape, but ...Banks and NBFCs face different market risk assessments. Credit growth outpaces deposit growth, widening the loan-to-deposit ratio. This tre...
- 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...
- NRI deposit inflows dip 23%; FCNR draws 124% moreNon-resident Indian deposits saw a significant year-on-year decrease in the first quarter. However, overall outstanding NRI deposits experi...
- Odisha: Jagannath Temple 'Ratna Bhandar' inventory on Aug 31, Sep 1Puri's Jagannath Temple authorities will conduct the Ratna Bhandar inventory on August 31 and September 1. These dates were finalized to av...
- Tiruttani Murugan temple's 11-day offering crosses Rs 1 crore in money, 293 grams of goldThe Tiruttani Subrahmanya Swamy temple received over Rs 1 crore in cash. Substantial quantities of gold and silver were also donated by dev...
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