DICGC to pay depositors of two stressed co-operative banks in Aug

DICGC to pay depositors of two stressed co-operative banks in Aug

The depositors of two Maharashtra-based co-operative banks will get paid their insurance cover of up..

SBI increases deposit, lending rates

SBI increases deposit, lending rates

A little less than a week after the Reserve bank of India (RBI) raised the repo rate by 50 basis poi..

DICGC settles deposit insurance claims of Rs 8,517 cr in FY22

DICGC settles deposit insurance claims of Rs 8,517 cr in FY22

Deposit Insurance and Credit Guarantee Corporation (DICGC), set up to protect the interest of small ..

SBI hikes bulk deposit rates

SBI hikes bulk deposit rates

After nearly a decade, State Bank of India (SBI) has upped the ante to contract bulk term deposits o..

Banks start hiking lending and deposit rates

Banks start hiking lending and deposit rates

Home, car and corporate loans have become costlier with banks raising both their MCLR (marginal cost..

Interest rates on bank loans and deposits to rise

Interest rates on bank loans and deposits to rise

Interest rates on bank loans and deposits are expected to shoot up after the Reserve Bank of India (..

HDFC Bank Q4 loan book up 21%, deposits rise 17%

HDFC Bank Q4 loan book up 21%, deposits rise 17%

HDFC Bank has reported a healthy growth in its advances and deposits in the last quarter of the fisc..

PMC Bank depositors to get first payout from Unity SFB

PMC Bank depositors to get first payout from Unity SFB

Unity Small Finance Bank will pay Rs 3,791.55 crore to about 8.5 lakh depositors of Punjab and Mahar..

Bank credit up 7.9%, deposits rise 8.6%

Bank credit up 7.9%, deposits rise 8.6%

Bank credit grew by 7.9% to Rs 116.27 lakh crore and deposits rose by 8.6% to Rs 162.17 lakh crore i..

49% of bank deposits are without DICGC insurance cover: Economic Survey

49% of bank deposits are without DICGC insurance cover: Economic Survey

A sizeable chunk of the total deposits held with Indian banks do not have insurance cover under the ..

96% of PMC Bank depositors to get paid upfront, says Unity SFB

96% of PMC Bank depositors to get paid upfront, says Unity SFB

Unity Small Finance Bank said around 96% of depositors having deposits up to Rs 5 lakh will be paid ..

RBL Bank sees QoQ fall in deposits in December quarter

RBL Bank sees QoQ fall in deposits in December quarter

One of the challenges that RBL Bank’s interim CEO Rajeev Ahuja faces is to instill confidence among ..

PMC depositors pick holes in RBI’s amalgamation scheme

PMC depositors pick holes in RBI’s amalgamation scheme

The depositors of fraud-hit Punjab and Maharashtra Co-operative (PMC) Bank want their money to be pa..

RBI unveils draft scheme for PMC Bank; depositors to get full amount over 10 years

RBI unveils draft scheme for PMC Bank; depositors to get full amount over 10 years

PMC Bank depositors of above Rs 5 lakh will get back their full amount but over a period of 10 years..

21 co-operative bank depositors to get up to Rs 5 lakh from DICGC

21 co-operative bank depositors to get up to Rs 5 lakh from DICGC

Depositors of Punjab & Maharashtra Co-operative (PMC) Bank and 20 other stressed co-operative ba..