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Hong Kong probes bank deposits complainant links to Malaysia PM

Last Updated: Friday, September 11, 2015, 12:23

Hong Kong police are investigating bank deposits a complainant said were linked to Malaysian Prime Minister Najib Razak, police said on Friday, as a probe into a troubled Malaysian state investment fund widens.

Indian Bank revises deposit rates

Last Updated: Saturday, May 30, 2015, 19:02

Public sector lender Indian Bank has revised interest rates in the foreign currency non-resident (banking) deposits, with effect from June 1.

Banks' loans rose 10.2% year-on-year in two weeks to May 15: RBI

Last Updated: Friday, May 29, 2015, 17:45

Indian banks` loans rose 10.2 percent in the two weeks to May 15 from a year earlier, while deposits rose 11.9 percent.

Bank credit grows at 10.16%; deposits up 11.85%: RBI

Last Updated: Wednesday, May 27, 2015, 22:05

Scheduled commercial banks' credit grew at 10.16 percent to Rs 66,32,101 crore in the fortnight ended May 15, according to the Reserve Bank data.

Bank of Baroda cuts deposit rate for a select maturity by 0.1%

Last Updated: Monday, March 23, 2015, 15:26

State-owned Bank of Baroda (BoB) has revised downwards the interest rate for deposits below Rs 1 crore for a select maturity bracket.

China launches draft rules for insurance of bank deposits

Last Updated: Sunday, November 30, 2014, 18:01

China on Sunday issued draft regulations to introduce a bank deposit insurance system for the first time, the latest in a series of steps that pave the way for liberalising lending rates.

Bank deposits grow 16%, credit rises 14.52%

Last Updated: Wednesday, January 8, 2014, 21:22

Bank deposits grew 16 percent year-on-year to Rs 75,01,861 crore in the fortnight ended December 27, while credit grew at 14.52 percent at Rs 57,55,916 crore.

Bank deposits grow 17%, credit up 15%

Last Updated: Wednesday, December 25, 2013, 23:15

The deposits stood at Rs 75,24,217 crore on December 13, as against Rs 64,30,998 crore during the same period last year, according to RBI's fortnightly data.

Banks' deposit in Jan-Mar up 14.2% at Rs 98.63 lakh crore

Last Updated: Thursday, September 19, 2013, 21:21

Banks' deposit growth in the quarter ended March 2013 at 14.2 percent was higher from a year ago, when the deposits grew by 13.8 percent, according to an RBI data released Thursday.

Rise in real interest rate to boost bank deposits: DeutscheBank

Last Updated: Monday, April 29, 2013, 18:34

Real interest rate is likely to rise in the current year due to the falling inflation and steep correction in gold prices, prompting investors to park money in bank deposits, says a report by Deutsche Bank.

Bank deposits grew 17.3% to Rs 5.81 lakh crore in Dec 2011 quarter

Last Updated: Wednesday, June 27, 2012, 00:11

Bank deposits grew 17.3 percent to Rs 5,810,546 crore in the quarter ended December 2011 from a year ago, data from RBI showed on Tuesday.

RBI asks banks to frame norms to deal with unclaimed deposits

Last Updated: Wednesday, June 6, 2012, 22:53

Reserve Bank on Wednesday asked the banks to put in place policies to locate customers and refund unclaimed deposits which are estimated to be over Rs 1,700 crore.