IBA to seek easing of RBI’s proposed norms for retail deposits

IBA to seek easing of RBI’s proposed norms for retail deposits

The Indian Banks’ Association (IBA) is likely to ask the central bank to reduce the amount of additi..

SBI not to get into rate war for deposits: Chairman Setty

SBI not to get into rate war for deposits: Chairman Setty

State Bank of India will not get into a rate war for deposits despite the pressure persisting in the..

SBI to focus on small-ticket deposits to boost liquidity: MD Tewari

SBI to focus on small-ticket deposits to boost liquidity: MD Tewari

Correction in equity markets over time can help banks get back the deposits it has ceded, State Bank..

Why IDFC First Bank CEO is bullish on deposits even as sector faces crunch

Why IDFC First Bank CEO is bullish on deposits even as sector faces crunch

Being one of the few lenders to have a buoyant deposit growth, IDFC First Bank is using the resource..

Nirmala Sitharaman urges banks to have aggression on ‘small’ deposits

Nirmala Sitharaman urges banks to have aggression on ‘small’ deposits

Finance minister Nirmala Sitharaman has urged banks to focus on their core business and explore new ..

Unclaimed deposits with banks leap 26% to Rs 78,213 crore

Unclaimed deposits with banks leap 26% to Rs 78,213 crore

Unclaimed deposits with banks have jumped 26% year-on-year to Rs 78,213 crore at the end of March 20..

RBI to soon allow cash deposits in banks via UPI

RBI to soon allow cash deposits in banks via UPI

Depositors will soon be able to use UPI, a real-time payment system for inter-bank transactions thro..

Credit growth to moderate to 14% in FY25 if deposits lag: S&P

Credit growth to moderate to 14% in FY25 if deposits lag: S&P

Bank credit growth in India is expected to moderate to 14% in fiscal 2025 from the existing 16% if t..

RBI to tighten norms for housing finance firms taking deposits

RBI to tighten norms for housing finance firms taking deposits

The Reserve Bank of India (RBI) has proposed stricter rules for housing finance companies (HFCs) tha..

Bank deposits double from 2016 to touch Rs 200 trillion

Bank deposits double from 2016 to touch Rs 200 trillion

Bank deposits crossed the Rs 200 lakh crore milestone in 2023, with the last Rs 50 lakh crore being ..

Union Bank’s loan book, deposits see double-digit growth in Q3

Union Bank’s loan book, deposits see double-digit growth in Q3

Union Bank of India has posted double-digit growth on the advances as well as the deposits front for..

RBI issues fresh guidelines on unclaimed deposits, inoperative accounts

RBI issues fresh guidelines on unclaimed deposits, inoperative accounts

The Reserve Bank of India (RBI) has issued comprehensive guidelines on unclaimed deposits, making ba..

Bank of Baroda hikes interest rates on deposits

Bank of Baroda hikes interest rates on deposits

Soon after State Bank of India (SBI) hiked deposit rates, Bank of Baroda announced an increase in in..

Unclaimed deposits with banks jump 28% to Rs 42,270 cr

Unclaimed deposits with banks jump 28% to Rs 42,270 cr

Unclaimed bank deposits are on the rise, touching Rs 42,270 crore as on March 2023. This is up 28% f..

How bank lending and deposits behaved in September

How bank lending and deposits behaved in September

The share of term deposits saw a sharp year-on-year jump in September while bank lending to the priv..