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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
4 mins read
RBI leaves repo rate unchanged. What does this mean for you?
This is a good time to invest in high-yield fixed deposits and other debt instruments. That's becau…
2 mins read
DICGC introduces Daava Soochak for depositors to track claim status
Daava Soochak, a user-friendly online tool, is part of DICGC's ongoing commitment to improving the …
PTI
2 mins read
The odds of Russia's economy collapsing are 'extremely small' and the war can go on for the long term, economist says
Russia can fight the war in Ukraine indefinitely as its economy has adapted and is now stable, an e…
Jennifer Sor
2 mins read
In the long run, rate cut by Fed will be favourable for most US banks: Moody's
"Initially, the rate cuts will be credit negative for most US banks. We expect their deposit costs …
ANI
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
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
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
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…
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
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
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…
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
2 mins read
Credit and profitability of banks to moderate in FY25, says ICRA
The Indian banking sector’s rating has been revised to stable from positive by rating agency ICRA o…
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 …
4 mins read
They bought Nvidia stock before the hype. It's paid for cars, vacations, and a deposit on a dream home.
Many retail investors got in when the company was a cornerstone of PC gaming, but the rise of AI ha…
Ana Altchek,Jennifer Sor
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…
2 mins read
Paytm advisory panel discussing terms of reference with company: Damodaran
An advisory committee, set up by Paytm owner One97 Communications after the Reserve Bank's action o…
PTI
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
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…