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3 mins read

Loan-to-deposit ratio will subside on its own in coming months, notes Motilal Oswal report

As of 9th August, 2024 the Indian banking sector's loan-to-deposit (LD) ratio stood at 77.2 %, whic…

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2 mins read

Decline in bank deposits because of non-uniform tax treatment on various investment options: SBI report

On the concern over the recent decline in bank deposits, the State Bank of India (SBI) in its lates…

ANI   


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2 mins read

External borrowings to meet capital needs putting pressure on bank's net interest margins, says a report by SBI Securities

The banks in the country are facing challenges due to a slowdown in deposit growth, according to a …

ANI   


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2 mins read

Adani Enterprises' NCDs to offer around 9.99% returns, higher than FDs, says Adani CFO

Group CFO Jugeshinder Robbie Singh announced on Thursday that the non-convertible debentures (NCDs)…

ANI   


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Lower money creation by RBI, substantial rise in banks profits behind decline in loan-to-deposits ratios in banks: Nomura

One of the contributors to the decline in systemic LDR is the lower net money creation by the RBI o…

ANI   


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SBI able to support loan growth, lower deposit growth not a challenge: Khara

Some experts have been opining that this is due to flow of savings into higher yielding capit…

PTI   


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2 mins read

Credit offtake expanded by Rs. 20.4 lakh crore, deposits by Rs 23.9 lakh crore over the last 12 months

Credit offtake is a type of bank credit that assists businesses in getting financing for future pro…

ANI   


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3 mins read

SBI report dismisses bank deposit concerns as a 'Statistical Myth'

As Finance Minister Nirmala Sitharaman hold a review meeting with heads of Public Sector Banks and …

ANI   


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2 mins read

Risk-based premium for deposit insurance merits consideration: RBI Deputy Governor Swaminathan

Speaking at a conference in Jaipur, Swaminathan also said that as the financial sector becomes more…

PTI   


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1 min read

Banks should bring in innovative products to mobilise deposits: FM Nirmala Sitharaman

The banks, she stressed, need to focus on core banking business which is mobilising deposits an…

PTI   


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3 mins read

RBI keeps repo rate unchanged at 6.5%: What is repo rate and how it affects you

Reserve Bank of India's Monetary Policy Committee announced maintaining the repo rate at 6.5% for t…

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3 mins read

Allow indexation benefits for savings such as stocks, fixed deposits: Cong to govt

The Budget 2024-25 had proposed to lower the LTCG from 20% to 12.5% but removed the indexation bene…

PTI   


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2 mins read

Discouraging retail play in F&O may help banks garner deposits: SBI Chairman

Khara said the budget announcements like the tweaks on the short-term and long-term capital gains w…

PTI   


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2 mins read

HDFC bank sees muted quarterly business; share drops 4.15% during trade today

Anticipating that HDFC Bank's foreign inclusion factor to increase from 50% to 100% in the MSCI Ind…

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2 mins read

Credit growth in banks continues to exceed deposits, says new SBI report

The State Bank of India reported that credit growth in Indian banks has been consistently outpacing…

ANI   


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4 mins read

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   


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2 mins read

Unsealed deposition with Elon Musk's righthand man reveals new details about their working relationship

A trove of previously unreleased documents provides a peek into Elon Musk's working relationship wi…

Grace Kay   


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3 mins read

RBI proposes higher liquidity coverage ratio for retail deposits, creation of level-1 high quality assets

The Reserve Bank of India (RBI) has issued a draft circular on the Basel III framework regarding li…

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1 min read

Woman poses as bank official, dupes iron-steel market committee of over ₹54 cr in Navi Mumbai

The members and office-bearers invested Rs 54.28 crore, and the accused woman issued fake and …

PTI   


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2 mins read

Mumbai: ED seizes ₹37 crore worth deposits, cash in Ponzi case

Dalal "absconded" with this money after giving initial returns. It has been gathered that Dala…

PTI