Credit-deposit ratio in Bengal rises by one percent

Last Updated: Saturday, June 27, 2015, 21:20

P. Srinivas, United Bank of India managing director and CEO and SLBC chairman in Bengal, said the agricultural disbursement under the Annual Credit Plan during 2014-15 stood at Rs.23,327 crore, which was an increase of 12.9 percent over last year.

West Bengal credit-deposit ratio rises; still below national average

Last Updated: Saturday, June 27, 2015, 15:43

West Bengal's credit-deposit (C/D) ratio, a key indicator of a state's credit offtake, has inched-up to 68 percent, but was still below the national average of more than 70 percent.

Bank credit, deposit fall steeply in March quarter: RBI

Last Updated: Monday, June 22, 2015, 22:13

Bank credit grew at a slower rate of 9.8 percent and deposit growth rate slowed down to 10.7 percent in the March quarter, says RBI data.

Moody's retains SBI deposit ratings at Baa3

Last Updated: Monday, June 22, 2015, 20:45

Global rating agency Moody's has affirmed State Bank of India's (SBI) local and foreign currency deposit ratings at Baa3/P-3.

'Gold sovereign bonds to address import issues'

Last Updated: Friday, June 19, 2015, 19:12

Centre's gold sovereign bond scheme is expected to address pure investment demand for the yellow metal, says India Ratings and Research (Ind-Ra).

Lakshmi Vilas Bank raises deposit rates by 1%

Last Updated: Tuesday, June 16, 2015, 18:54

The bank, which had a low share of the cheaper current and savings account deposits at 16.7 percent as of March, will offer 5 percent interest on saving bank deposits of up to Rs 5 lakh, it said in a statement.

Ahead of FM meet, Yes Bank feels scope of 0.25% rate cut

Last Updated: Thursday, June 11, 2015, 15:28

A day ahead of a meeting between Finance Minister Arun Jaitley and top bankers, private sector lender Yes Bank on Thursday joined its peers in promising to deliver a rate cut soon.

Govt eases deposit-taking, managerial pay norms for companies

Last Updated: Monday, June 8, 2015, 21:46

Ushering in an easier set of regulations, the government today relaxed deposit-taking norms for private companies and exempted the public sector entities from managerial remuneration restrictions.

Indian Bank cuts lending rate by 0.3%, UBI slashes FD rate

Last Updated: Thursday, June 4, 2015, 21:29

State-owned Indian Bank Thursday slashed base rate or the minimum lending rate by 0.3 percent while United Bank of India (UBI) has reduced fixed deposit rates by up to 0.25 percent on select maturities.

PNB, Axis Bank cut fixed deposit rate by 0.25%

Last Updated: Wednesday, June 3, 2015, 22:08

Two leading banks Punjab National Bank (PNB) and Axis Bank Wednesday slashed interest rate on fixed deposits by 0.25 percent on select maturities, a move which could be seen as precursor to a cut in lending rates.