HDFC Bank to stay away from deposit rate war, focus on profitability

HDFC Bank to stay away from deposit rate war, focus on profitability

HDFC Bank will not aggressively hike interest rates to attract new deposits as it has decided to kee..

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..

Deposit challenges to moderate bank credit growth in FY25

Deposit challenges to moderate bank credit growth in FY25

Bank credit and deposits cannot keep running at very different levels for a long period of time and ..

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..

Axis Bank Q3 net up 4% amid rise in deposit costs

Axis Bank Q3 net up 4% amid rise in deposit costs

Axis Bank’s fiscal third quarter net profit was pulled down by a 32% rise in operating expenses to R..

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 ..

Banks will have to work on deposit rates in 2024

Banks will have to work on deposit rates in 2024

The debate on whether interest rates on fixed deposits (FDs) have peaked or the door is still open f..

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..

Bank of Maharashtra tops loan, deposit growth among PSU lenders in Q2

Bank of Maharashtra tops loan, deposit growth among PSU lenders in Q2

Bank of Maharashtra has retained the top spot among public sector lenders in loan and deposit growth..

Banks feel heat on CASA deposits as interest rates climb

Banks feel heat on CASA deposits as interest rates climb

Banks are seeing a dip in the low-cost CASA (current account savings account) deposits as part of th..