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..

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..

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..

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..

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..

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 ..

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..