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BANK DEPSOIT
Bank credit grows 8.01 pc; deposits 9.28 pcIn the previous fortnight ended December 31, 2021, advances rose 9.16 per cent and deposits increased 10.28 per cent.- If bank fails, Rs 5 lakh deposit insurance amount to be available immediately to depositorsThe FM said in her budget speech that she will bring in an amendment to allow this in the current budget session. Owing to many banks facin...
- Post office schemes’ interest rates higher than bank FDs but look at these options tooInvestors can consider options other than bank FDs as these are currently offering low rates of interest. However, keep in mind that bank F...
- 5 things to know about deposit insuranceDICGC covers depositors of all commercial banks and foreign banks operating in India, state, central and urban co-operative banks, local ar...
- State Bank of India reduces FD rates. Here are the latest onesAccording to the newly effective interest rate, FD having tenor of 7 to 45 days will earn 4 per cent instead of 4.50 per cent earlier.
- Bank deposit insurance hiked to Rs 5 lakh per depositor by Budget 2020Currently, as per the RBI guidelines, deposits with all commercial banks and cooperative banks are insured under the Deposit Insurance and ...
- I already have a PPF account. Can I open another account in my wife's name and invest Rs 1.5 lakh?You can open the PPF account in your wife's name and invest Rs 1.5 lakh per annum on her behalf. However, the money given to your wife will...
- SBI to keep savings account interest rate unchanged; cuts FD rates againPost the rate cut by RBI, SBI Savings account holders were supposed to earn 2.65 per cent.
- How nominee can access safe deposit locker in bankHere is the procedure to access the bank locker by the nominee in case of death of holder whether held individually or jointly.
- Yes Bank Q3 PAT seen 13.4% up at Rs 388 croreAccording to an ET Now poll, Yes Bank's net profit is expected to rise to Rs 388 cr, up 13.4%, as against Rs 342.3 cr in the corresponding ...
- PNB revises fixed deposit rate to 8 pcPunjab National Bank (PNB) on Tuesday revised interest rates on fixed deposits above Rs one crore to 8 per cent for maturity over one year.
- Interest rate war to push up cost of deposits for banksTop bankers here have said the rate war among banks, that has pushed up interests on deposits to as much as 9 and 9.5 per cent, have increa...
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