Bank of Maharashtra raises deposit rates ahead of festive season

Bank of Maharashtra raises deposit rates ahead of festive season

Bank of Maharashtra has increased its fixed deposit rates by up to 125 basis points, or 1.25%, ahead..

RBI onboards 30 banks on UDGAM portal for unclaimed deposits

RBI onboards 30 banks on UDGAM portal for unclaimed deposits

The Reserve Bank of India (RBI) Thursday said that 30 banks have been onboarded on the UDGAM (Unclai..

Post-merger, HDFC Bank’s CASA dips; surge in credit, deposits

Post-merger, HDFC Bank’s CASA dips; surge in credit, deposits

In the first quarter after merging with mortgage financier HDFC Ltd, private sector lender HDFC Bank..

Deposits hit six-year high amid withdrawal of Rs 2,000 notes

Deposits hit six-year high amid withdrawal of Rs 2,000 notes

The Reserve Bank of India’s withdrawal call of Rs 2,000 notes and the near total return of the curre..

DICGC’s new directive to banks to spread deposit insurance scheme awareness

DICGC’s new directive to banks to spread deposit insurance scheme awareness

In a bid to spread awareness about the deposit insurance scheme, DICGC, the RBI subsidiary, has dire..

Yes Bank’s loan book up 7.5%, deposits rise 13.5% in Q1

Yes Bank’s loan book up 7.5%, deposits rise 13.5% in Q1

Yes Bank posted a 7.5% year-on-year growth in loans and advances at Rs 2 trillion for the quarter en..

IDFC First Bank posts 24.5% growth in loans, 44.4% in deposits in Q1

IDFC First Bank posts 24.5% growth in loans, 44.4% in deposits in Q1

IDFC First Bank reported a rise in loans and advances by 24.5% to Rs 1.71 lakh crore for the fiscal ..

Bank of Maharashtra posts strong credit, deposit growth in June quarter

Bank of Maharashtra posts strong credit, deposit growth in June quarter

Bank of Maharashtra has seen a 24.93% jump in credit growth to Rs 1.75 lakh crore for the quarter en..

Banks see credit, deposit growth in 2023

Banks see credit, deposit growth in 2023

Bank credit growth, which has been rising since early 2022, stood at 15.4% on 2 June 2023, according..

DICGC settles deposit claims worth Rs 752 crore in FY23

DICGC settles deposit claims worth Rs 752 crore in FY23

After bloating in FY22, the claims settled by Deposit Insurance and Credit Guarantee Corporation (DI..

Withdrawal of Rs 2,000 notes to have little impact on deposit growth, interest rates

Withdrawal of Rs 2,000 notes to have little impact on deposit growth, interest rates

The reverse flow of Rs 2,000 notes to the banking system will ease liquidity to a certain extent but..

SBI gets Rs 17,000 cr of Rs 2,000 notes deposited or exchanged: Chairman Khara

SBI gets Rs 17,000 cr of Rs 2,000 notes deposited or exchanged: Chairman Khara

The State Bank of India (SBI) has so far collected an estimated Rs 17,000 crore worth of Rs 2,000 no..

Rs 2,000 withdrawal to have favourable impact on bank deposits and interest rates: SBI study

Rs 2,000 withdrawal to have favourable impact on bank deposits and interest rates: SBI study

The withdrawal of Rs 2,000 currency note is likely to be a non-event but it will have a favourable b..

HDFC Bank to expand branches and aggressively grow deposits

HDFC Bank to expand branches and aggressively grow deposits

HDFC Bank will continue to aggressively add branches and mobilise deposits even as it awaits all reg..

RBI to set up portal for unclaimed bank deposits

RBI to set up portal for unclaimed bank deposits

Reserve Bank of India (RBI) will set up a centralised portal to help depositors and their beneficiar..