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1 min read

Surge in top-up housing loans not system-wide issue, says RBI Governor

Such cases are being dealt at the supervisory level bilaterally, he said. "Such practice…

PTI   


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2 mins read

Bank of Maharashtra top among PSU lenders in loan, deposit growth in Q2

State-owned Bank of Maharashtra (BoM) retained the top spot among public sector lenders in loan and…

PTI   


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2 mins read

As deadline nears, people queue up at RBI's Chandigarh branch to deposit, exchange Rs 2,000 notes

After commercial banks stopped accepting Rs 2000 banknotes, people have now started lining up in 19…

ANI   


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4 mins read

Senior citizen FDs: With interest rates at a high, time to park safe

Senior citizens often prefer investing in fixed deposits (FDs) due to the safety and stability thes…

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6 mins read

Explained: With markets volatile, should senior citizens invest in PSU bank FDs?

FDs have always been a popular investment choice for Indians. They offer a guaranteed return on inv…

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2 mins read

RBI extends deadline to exchange, deposit Rs 2,000 notes till Oct 7

The Reserve Bank on Saturday extended the special drive to withdraw Rs 2,000 bank notes from the sy…

PTI   


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5 mins read

Should you invest your money in an FD at high interest rates now?

Last Friday, the Reserve Bank of India (RBI) kept the repo rates unchanged seventh time in a row at…

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8 mins read

Why Gen Zers aren't leaving the nest

Young people are living at home and relying on their parents for money well into their 20s. Their p…

Eve Upton-Clark   


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2 mins read

Jio Financials gets RBI nod to become Core Investment Company

Jio Financial Services has received the nod from the Reserve Bank of India (RBI) to convert into a …

ANI   


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3 mins read

Street to keep a hawk eye HDFC Bank’s net interest margin and deposit growth trends

HDFC Bank’s merger with parent HDFC Limited has expanded its book but affected its profitability. I…

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5 mins read

Investors’ new love for mutual funds might take sheen off bank deposits

Mutual funds hold an inherent advantage as investments because they provide a diverse range of prod…

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1 min read

RBI issues guidelines to trace customers with inoperative accounts, unclaimed deposits

The central bank called for steps to trace the customers of inoperative accounts or unclaimed depos…

ANI   


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3 mins read

From banks to SIPs – the evolution of investment choices for Indian retail investors

In India, traditional banking institutions were once the go-to for households seeking savings and i…

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2 mins read

95% of PM Modi’s assets are in fixed deposit! From investments to education, here are key takeaways from his nomination filing

Prime Minister Narendra Modi, on Tuesday, disclosed his total movable assets amounting to ₹3.02 cro…

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5 mins read

Short-term investing: Options to park your money if you have a time horizon of one year or less

While the purpose of investing is to grow your money, where you invest depends on the time horizon …

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3 mins read

Not just bank deposits, gold sales & real estate to get a boost from ₹2,000 note withdrawal

The Reserve Bank of India (RBI) on Friday said that it intends to pull ₹2,000 banknotes from circul…

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2 mins read

Silicon Valley Bank's new CEO urges depositors to bring back their money

Tim Mayopoulos, new CEO of collapsed Silicon Valley Bank (SVB), has urged depositors to return with…

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2 mins read

Status quo: Markets trade flat after RBI MPC leaves repo rate unchanged at 6.5%

RBI MPC keeps repo rate at 6.5%. Governor optimistic about inflation and GDP growth. Nifty gainers:…

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1 min read

China's state-run banks cut deposit rates to stimulate sluggish economic growth

Lowered deposit rates will eventually lead to an easing in lending rates, prompting more Chinese co…

Filip De Mott   


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3 mins read

Indian banks better placed than their US peers due to attractive valuations and stickier deposits

Turmoil in the US and Europe’s banking sector has had an impact on banks in other markets as well, …