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.

Yes Bank to raise over Rs 16,000 cr through equity, bonds

Last Updated: Sunday, June 7, 2015, 19:07

The bank said that the shareholders' approval was sought for capital raising, which was passed with an overwhelming majority, "in line with the bank's vision of growing Yes Bank into a meaningful Large Bank by 2020", as also to further capitalise on the imminent revival in economic growth cycle.

'Hiring in banking sector likely to go up by 30% this year'

Last Updated: Wednesday, October 2, 2013, 19:05

With banks being bullish on branch and portfolio expansion, hiring by both PSU as well as private lenders is likely to go up to 30 percent this year, according to industry experts.