Federal Bank ups deposit rates by up to 0.50%

Last Updated: Tuesday, December 25, 2012, 19:42

Kerala-based Federal Bank on Tuesday raised its interest rate offering on select deposit buckets by up to 0.50 percent.

SBBJ trims bulk deposits to 10%

Last Updated: Sunday, December 23, 2012, 15:49

State Bank of Bikaner & Japiur (SBBJ), which is offering up to 0.25 percent discount to online loan applications, has said it has become the first public sector lender to bring down the bulk deposits level to 10 percent.

No cartelisation in fixing saving deposit rates: SBI

Last Updated: Wednesday, December 5, 2012, 20:17

The nation's largest bank SBI on Wednesday dismissed allegations of cartelisation by big banks in keeping savings deposit rate unchanged despite RBI deregulating this over a year ago.

OBC hikes FD rates on select maturities by up to 0.5%

Last Updated: Tuesday, December 4, 2012, 22:15

The new rates would be effective from Wednesday, OBC said in a statement.

IDBI slashes home loan, deposit rates

Last Updated: Wednesday, October 31, 2012, 22:01

IDBI Bank on Wednesday slashed interest on home loans by 0.25 percent and the deposit rates in select brackets by up to 0.50 percent.

After 62% rise in NRE fund mop-up, Federal to cut deposit rates

Last Updated: Sunday, October 21, 2012, 13:04

It has been offering higher than average industry pricing to woo money from NRIs since last December after the RBI liberalised the NRE deposits to arrest the steep plunge of the rupee.

Bank of India lowers term deposit rates by 0.10%

Last Updated: Monday, October 8, 2012, 17:07

For deposits of less than Rs 15 lakh it has lowered the interest rate to 6.5 percent from 7 percent for maturity between 31 days to 45 days, the public sector bank it said in a BSE filing.

Central Bank to launch combo loans, cut deposit rates soon

Last Updated: Sunday, October 7, 2012, 16:52

Public sector lender Central Bank has said it will bring down its deposit rates further soon, to enable it to lower its lending rates, and will launch a combo loan offer within a fortnight.

Union Bank, OBC revise deposit rates on FCNR accounts

Last Updated: Monday, October 1, 2012, 18:09

Public sector lenders, Union Bank of India (UBI) and Oriental Bank of Commerce (OBC) revised their deposit rates on FCNR accounts (foreign currency non-deposit accounts) with maturity of one-five years from Monday.

Kotak Mahindra sees 50% growth in saving bank deposits in FY13

Last Updated: Wednesday, September 26, 2012, 21:36

Kotak Mahindra Bank on Wednesday said it expects 50 percent growth in saving bank deposits this fiscal.

State Bank of Patiala hikes deposit rates

Last Updated: Monday, September 24, 2012, 19:55

With this, deposits of one year to 555 days will attract interest rate of 9.25 percent.

ICICI, HDFC Bank follow SBI; revise FD rates by up to 0.5%

Last Updated: Wednesday, September 12, 2012, 22:27

Country's two largest private sector banks ICICI Bank and HDFC Bank on Wednesday revised interest rates on fixed deposits by up to 0.50 percent each, a week after State Bank of India reduced term deposits rates.