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INDIVIDUAL DEPOSITS IN BANKS
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 ...- ITR filing August 31, 2026, deadline today: Due date for AY 2026-27; Check who must file returnITR filing deadline: Taxpayers with business or profession income must file their returns today. This deadline applies to those using ITR-3...
- 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...
- FD rate up to 8.5% for senior citizens investing for five years; know the list of banksFor senior citizens, certain banks have enticing fixed deposit options offering interest rates as high as 8.5 percent. These deposits, with...
- Mahadev Betting case: DGGI seeks ₹40,603 cr in GST from promotersThe DGGI has issued show-cause notices to Mahadev Book promoters for over ₹40,603 crore. These notices propose GST demands and penalties fo...
- DGGI gives Chandrakar, Uppal 30 days to respond to Rs 40,603 crore GST demandThe DGGI has issued notices to Mahadev Book promoters demanding over Rs 40,603 crore in GST. These notices cover alleged transactions linke...
- PM Jan Dhan scheme marks 12 years, number of accounts crosses 59 cr with Rs 3.17 lakh cr depositsThe Pradhan Mantri Jan Dhan Yojana has completed twelve years of service. Over fifty-nine crore bank accounts now exist under this financia...
- Rough patch! How HDFC group delivered a Rs 4.4 lakh crore blow to investors in one yearIn a significant downturn, HDFC group stocks saw a staggering loss of Rs 4.4 lakh crore in market capitalization over the last year. HDFC B...
- Lenders may turn to OFCB route to raise more funds abroadIndian banks are now shifting focus towards borrowing in overseas foreign currencies to meet their fundraising requirements. This strategic...
- Canadians could get up to $1,507.65 from Canada Pension Plan (CPP) and $827.17 from Old Age Security deposits (OAS) this week: Check payment date, eligibility and moreCanadians could receive their next CPP and OAS payments on August 27, 2026, with eligible seniors potentially receiving up to $1,507.65 in ...
- These 8 banking stocks have an upside potential of up to 22% in 1 year, according to analystsWhen it comes to the banking sector, one should, at this point of time, give some leeway in terms of credit growth. The more important thin...
- How can fixed deposits help manage short-term and long-term financial goals?Fixed deposits provide a reliable mechanism for achieving your financial objectives, combining predictable returns with versatile tenures. ...
- India has fixed its PSU banks. Now comes the more ambitious partThe EAC-PM has proposed consolidating India’s public sector banks into a few large, comparable institutions to meet rising credit demand an...
- How NRIs split foreign and Indian income across NRE and NRO accountsNon-Resident Indians utilize NRE accounts to facilitate smooth transfer of their overseas income. For income earned within India, they comm...
- Regional Rural Banks post all-time high net profit of Rs 10,176 crore in FY25-26; total business crosses Rs 13.5 lakh croreRegional Rural Banks (RRBs) reported a record consolidated net profit of ₹10,176 crore in FY26, up from ₹6,820 crore a year earlier, while ...
- Have undisclosed foreign assets or income? Know the extra tax cost if you miss FAST Scheme 2026's December 31 deadlineIndia's FAST Scheme 2026 provides a unique opportunity for taxpayers to declare foreign assets. This voluntary disclosure window closes on ...
- August 31 ITR filing deadline: ITR-3 or ITR-4? Which form you should choose while filing your income tax returnTaxpayers engaged in business activities must submit either ITR-3 or ITR-4 by the deadline of August 31, 2026. While ITR-4 simplifies the p...
- Fall of market leaders! How 6 Nifty giants trapped investors with negative returns for 5 yearsOver the past five years, six prominent Nifty companies have reported negative returns. Tata Consultancy Services and Infosys struggle unde...
- Canada Pension Plan (CPP) and Old Age Security (OAS) payments coming this week: Check date, how much Canadians can receive, eligibility rules and who qualifies for the 2026 government benefitsCanadians are keeping an eye on their bank accounts as a couple of government benefit payments are scheduled to be deposited next week. Can...
- Can NRIs open joint FCNR (B) accounts with resident Indian relatives? Know what the latest rules sayNon-Resident Indians are allowed to set up joint FCNR (B) accounts with their resident family members. These accounts must function on a 'F...
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