Last Updated: Thursday, March 19, 2015, 18:46
The third largest private sector lender has cut its deposit rate offerings by 0.25 percent across buckets in the 18 to 36 months window, a bank official said Wednesday.
Last Updated: Wednesday, March 18, 2015, 20:32
Growth in non-food credit offtake from commercial banks slowed to 10.19 percent at Rs 65,24,257 crore for the fortnight ended March 6, according to Reserve Bank of India (RBI) data released Wednesday.
Last Updated: Sunday, March 1, 2015, 19:49
Describing the proposed gold deposit scheme as "game changer", the SBI's economic research department has said it will help attract at least Rs 1 trillion in deposits on the precious metal.
Last Updated: Tuesday, February 24, 2015, 15:00
Leading bourse National Stock Exchange (NSE) has empanelled HDFC Bank for submitting Fixed Deposit Receipts (FDRs) issued as collateral to trading members in electronic form.
Last Updated: Monday, February 2, 2015, 23:39
The Reserve Bank has allowed banks to install cash deposit machines at their selected locations without getting its prior permission.
Last Updated: Thursday, January 29, 2015, 23:25
Denmark`s central bank cut its deposit interest rate Thursday for the second time in a week to maintain its currency peg against the euro.
Last Updated: Thursday, January 22, 2015, 18:28
The European Central Bank held its key interest rates unchanged on Thursday at its first policy meeting of 2015, but said it would announce new monetary policy measures later.
Last Updated: Friday, January 9, 2015, 20:01
As its legal battle with Sebi continues over refund of money to investors, Sahara group Friday said the money deposited with the regulator has grown to about Rs 11,500 crore after including bank interest.
Last Updated: Wednesday, January 7, 2015, 14:58
After Reliance Industries demanded interest on KG-D6 gas payments flowing into gas pool account operated by GAIL, the state-owned firm has agreed to invest the receivables in short-term interest bearing deposits with public sector banks.
Last Updated: Monday, December 22, 2014, 20:17
Mortgage lender HDFC Monday launched a fixed interest rate home loan product for a limited period as part of New Year celebrations to attract customers.
Last Updated: Friday, December 5, 2014, 15:03
The bank has already affected rate cuts in the short-term maturities of up to a year in two moves over the past few months.
Last Updated: Thursday, December 4, 2014, 23:03
While the scheme has been notified by the government, the special interest rate applicable to it would be determined later.
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