Searched for
BULK DEPOSITS
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...
Bank credit, deposits decline in fortnight ended August 15: RBI dataBanking sector saw deposits withdrawn and credit outstanding decrease in the fortnight.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...
These large-, mid- and small-cap stocks can give more than 20% return in 1 year, according to analystsEven if the ongoing conflict in the Gulf settles anytime soon (and we certainly hope it does), don’t be surprised if the Nifty and Sensex r...
Do long-term investors need some unconventional thinking? 5 large-caps from different sectors with upside potential of up to 25%It is rare for bulls and bears to agree on anything. At this juncture, however, they seem to agree on one point: That the Indian stock mark...
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...
RBI net absorbed $561 million in June as inflows picked upIn June, the Reserve Bank of India engaged in net purchases of $561 million from foreign exchange markets, showcasing its response to signi...
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of more than 20% in one year, as per analystsWhen the stock market is hit by a mix of head and tail winds, it is probably the right time to look at stocks from sectors witnessing struc...
Banks ride RBI swap wave to raise $12 billion via overseas debtThis week was the busiest for forex debt issuance by Indian lenders. ICICI Bank, Kotak Mahindra Bank, IDFC First Bank, HDFC Bank and Bank o...
Latest SBI FD interest rates: State Bank of India has reduced rates by 25 bps on these fixed depositsSBI FD interest rates: The State Bank of India implemented a reduction in interest rates for select bulk term deposits. This change specifi...
In 1991, a Norwegian geologist found one ancient polar bear bone. 34 years later, 6,000 bones revealed a 75,000-year-old Arctic communityA polar bear rib led to the discovery of an ancient Arctic animal community. Researchers examined over six thousand bone fragments using DN...
No need for fresh capital for five years: Shriram Finance CEO Parag SharmaParag Sharma expects the company, India's second-biggest non-bank lender by market value, to sustain 18-20% credit growth annually and main...
Customer charged Rs 10 extra for a carry bag: Consumer commission orders Rs 30,000 payout; says retailers like 'Reliance, D-Mart', Zudio must bear cost of making goods deliverableZudio has been ordered to pay Rs 30,000 after a Karnataka consumer commission ruled that charging a customer Rs 10 for a carry bag amounts ...
RBI to close FCNR(B) forex swap facility early after strong dollar inflowThe Reserve Bank of India has closed its special forex swap facility early. This facility attracted significant foreign exchange inflows to...
Central Bank of India mobilises $250 million under FCNR (B) window: CEO Kalyan KumarCentral Bank of India has successfully mobilized $250 million under the RBI's FCNR-B window, surpassing its internal target of $100 million...
SBI's Q1 profit jumps 10% YoY on loan growth, beats Street estimatesState Bank of India announced a notable ten percent growth in net profit for the June quarter, driven by robust loan growth that amplified ...
SBI Q1 profit beats estimates on strong loan growth, asset qualitySBI reported a 10% rise in Q1 net profit to Rs 21,121 crore, beating estimates on robust loan growth and higher net interest income. Improv...
Liquidity to peak in Sept, but big surplus won't last long: RBIThe Reserve Bank of India will absorb surplus liquidity from a special forex swap facility. This absorption will occur through higher curre...
Will FCNR (B) deposit scheme that's bringing billions of dollars to India end? RBI Governor says thisThe Reserve Bank of India will continue its special FCNR(B) deposit scheme. This scheme has already attracted tens of billions of dollars i...
RBI provides banks greater flexibility to determine bulk deposit interest rates; changes effective from October 1, 2026New Reserve Bank of India rules will change bank deposit interest rate disclosures starting October 2026. Banks will gain flexibility in se...
RBI gives banks more time to implement bulk deposit rate norms, deadline now Oct 1Banks now have until October 1 to implement new differential interest rate rules. These norms allow varied rates on bulk deposits consideri...