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After AAP, ED attaches land, bank deposits of CPI(M); says party holding proceeds of money laundering
Official sources said the party may be named as an accused in the next supplementary chargesheet to…
PTI
Bank deposits losing attractiveness as govt savings schemes see strong growth
Global brokerage Goldman Sachs has flagged multiple headwinds to deposit growth in Indian banks as …
Have unclaimed bank deposits? Here’s how to find it using UDGAM portal
The Reserve Bank of India (RBI) has launched a centralised portal, UDGAM (Unclaimed Deposits – Gate…
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…
RBI says 93% of ₹2000 notes returned to banks
The Reserve Bank on Friday said that as much as 93 per cent of Rs 2000 currency notes that were in …
PTI
Unclaimed deposits of Rs 48,461 crore transferred to Depositor Education & Awareness Fund
ED has further informed that as on August 2, 2023, proceeds of crime of fugitive economic off…
PTI
HDFC Bank records 15.8% loan growth, 20% rise in advances in Q1 FY24
Private sector lender HDFC Bank said loans grew 15.8% to ₹ 16,15,500 crore in the first quarter of …
PTI
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…
Indian bank deposits better protected than in US: SBI report
Analysis of insured customer deposits across multiple geographies initiated in the wake of bank run…
ANI
It’s not just Mercedes, even bank deposits are competing with equities
Financialisation of household savings is expected to have a far-reaching impact on the banking …
Charles Schwab has enough liquidity if all bank deposits 'ran off,' CEO says
"There would be a sufficient amount of liquidity right there to cover if 100% of our bank's deposit…
Filip De Mott
Debt schemes of MFs lose edge over bank deposits as Budget proposes to scrap LTCG & indexation benefits
With the change in taxation, distributors and advisors are rushing to lock in large amounts of inve…
Billionaire investor Bill Ackman says US banks depositing $30 billion into First Republic creates a 'false sense of confidence'
"Spreading the risk of financial contagion to achieve a false sense of confidence in FRB is bad pol…
Huileng Tan
RBI wants depositors to act on unclaimed deposits
Unclaimed funds at banks are piling up as depositors and their heirs haven’t been acting towards th…
There's no evidence higher FDIC insurance would spark a big jump for stocks even as markets cheer government support for bank deposits, says Barclays
Would the market rally if the FDIC raised its $250,000 insurance limit for bank accounts? "Historic…
Carla Mozée
Jim Bianco tells regulators to offer unlimited insurance on bank deposits like they did in 2008 because '$250k is a made-up number'
Bianco called for action following the collapse of Silicon Valley Bank and telling lenders to raise…
Sam Tabahriti
'Shark Tank' investor Kevin O'Leary says he's telling startup CEOs to limit bank deposits and brace for the next 'black swan idiot' blowup
Kevin O'Leary blasted SVB execs, adding that the collapse was simply due to "idiot" management that…
Jennifer Sor
The Bank of England said 20% of commercial banking deposits could shift to 'Britcoin' - and dismissed stablecoins as an alternative
Governor Andrew Bailey said central bankers face a choice between regulating stablecoins and introd…
George Glover
No threat to banking deposits: IBA
"Across the globe, the health of a bank is measured by referring to Capital to Risk Weighted Asset…
PTI
India is seeking details on the rise in Swiss bank deposits from the South Asian country
The finance ministry on Saturday asserted that Indian customer deposits in Swiss banks have fallen …