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..

SBI can support loan growth despite slower deposit accretion: Dinesh Khara

SBI can support loan growth despite slower deposit accretion: Dinesh Khara

State Bank of India (SBI) is not facing any serious challenge on the deposit growth front and has be..

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 ..

Banks increase loan rates as deposit costs rise

Banks increase loan rates as deposit costs rise

Consumer loans are getting costlier. Bank of Baroda, Canara Bank and UCO Bank have raised their benc..

Union Bank of India revises deposit rates

Union Bank of India revises deposit rates

Union Bank of India has raised interest rates on fixed deposits. The state-run bank is offering a sp..

PSU banks charge Rs 2,331 cr in FY24 from depositors for low account balances

PSU banks charge Rs 2,331 cr in FY24 from depositors for low account balances

Public sector banks have charged depositors Rs 2,331 crore penalty for not maintaining monthly avera..

SBI MD Ashwini Tewari suggests CRR cut, other options to boost deposit growth

SBI MD Ashwini Tewari suggests CRR cut, other options to boost deposit growth

With banks facing low deposit growth and the capital market enjoying a boom phase, State Bank of Ind..

SBI raises interest rate to 7.25% in new deposit scheme

SBI raises interest rate to 7.25% in new deposit scheme

State Bank of India, the country’s largest lender, has raised its deposit rate to a high of 7.25% in..

PNB Q1 loan book outpaces deposit growth

PNB Q1 loan book outpaces deposit growth

Punjab National Bank's global loan book grew 12.7% year-on-year to Rs 10.3 lakh crore in the first q..

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..

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..