News Muncher - category deposit

SEBI v. Sahara| Supreme Court Asks SEBI To Examine Sahara Group's Proposed JV Agreement For Versova Land

Live Law

The Supreme Court today directed the Security Exchange Board of India to examine Sahara Group's Joint Venture Agreement proposed for developing latter's Versova land in Mumbai and file sealed cover response before the Court. Notably, the Court on September 5, 2024 directed Sahara Group to deposit Rs 1000 crores in a separate escrow account within 15 days and also allowed …

Supreme Court Court Crores Ors Versova Filed Sahara

3 days, 2 hours ago

IndusInd Bank share price rebounds after worst-ever yearly show: Will the recovery last?

Live Mint

Shares of IndusInd Bank, one of the leading private sector banks, have rebounded notably in recent sessions following a sustained period of selling pressure. This decline was driven by the bank's poor performance in the September quarter, which also led to multiple target cuts by brokerage firms, fueling one of the bleakest days for the stock in recent history. Disappointing …

Bank Stock Deposit

What lies under the hood in banks' Q3 business updates

Live Mint

Initial updates from banks for the December quarter reveal a mixed performance, with private and public sector lenders charting distinct paths in loans and deposit growth. The moderation in HDFC Bank’s loan growth, coupled with healthy deposit growth, contributed to a 150-basis point sequential decline in its LDR, Bernstein added. Among banks that reported Q3 updates, loan growth ranged between …

Growth Bank Loans Loan Sector Banks Private

4 days, 15 hours ago

Muted Q3FY25 Earnings Expected for Banks Amid Slower Credit Growth

Deccan Chronicle

Mumbai: Banks are expected to report tepid Q3FY25 earnings sequentially on account of muted credit growth translating to slower Net Interest Income growth as well as profitability. Some banks have increased their card rates on shorter tenor deposits and would Anil Gupta, senior vice-president & co-group head of financial sector ratings, ICRA said, "The credit growth for banks for Q3FY25 …

Bank Cent Banks Hdfc Bank Deposit Deposits Credit Growth

6 days, 3 hours ago

Indian Bank Q3 update: Total business up 8.3% at ₹12.6 lakh crore, total deposit surges 7.3%

Live Mint

Indian Bank, on January 5, reported 8.3 per cent year-on-year rise in its total business for the quarter ending on December 31, 2024. The Chennai-based public sector bank's total business stood at ₹12.61 lakh crore for the same quarter, as compared to ₹11.64 lakh crore same period a year ago, according to the exchange filing. Indian public sector bank's gross …

Crore Quarter Lakh Indian Bank Total Business Total Deposit

1 week ago

How to become rich with SBI’s New Recurring Deposit Scheme? EXPLAINED

Live Mint

How to become rich with SBI's New Recurring Deposit Scheme: State Bank of India, the country’s largest bank, has launched two new deposit schemes, Har Ghar Lakhpati and SBI Patrons, designed to provide customers with greater financial flexibility and enhanced value. How to become rich with SBI's new recurring deposit scheme? Recognising the widespread aspiration for financial security, ‘Har Ghar …

India Financial Scheme This Product Deposit Sbi Recurring

1 week ago

MCC NEET PG 2024 Counselling: Round 1, 2 resignation deadline extended till January 8, details here

Hindustan Times

Medical Counselling Committee, MCC has extended the MCC NEET PG 2024 Counselling Round 1, 2 resignation deadline. MCC NEET PG 2024 Counselling: Round 1, 2 resignation deadline extended The official website reads, “The Resignation for Round-1 & Round-2 seats with forfeiture of security deposit for PG Counselling 2024 is being extended upto 06:00 P.M of 8th January, 2025.” After UG, …

Resignation 2024 Resign Round Seat Mcc Mcc Neet Pg

Punjab National Bank announces new FD rates: Earn up to 8.05% interest. Check PNB’s latest fixed deposit details here

Live Mint

Punjab National Bank has revised its fixed deposit rates and added two new tenures for deposits of less than ₹3 crore. According to the latest update, Punjab National Bank offers fixed deposit interest rates ranging from 3.5 per cent to 7.25 per cent for tenures spanning 7 days to 10 years for general citizens. The highest interest rate of 7.25 …

Interest Rates Deposit Pnb Revised Punjab National Bank Fixed

1 week, 1 day ago

Market leaders urge finance minister to take liquidity-boosting measures in upcoming budget

Live Mint

New Delhi: Industry leaders from the capital market and financial sector urged measures to boost liquidity in the market and cut taxes on fixed deposit products in pre-budget consultations with finance minister Nirmala Sitharaman on Thursday. The proposals made by the capital market and financial sector included suggestions to align the taxation of fixed deposit products with that of equity …

Finance India Market Budget Sector Finance Minister Nirmala Sitharaman

1 week, 1 day ago

Post office schemes' interest rates unchanged for January-March 2025. Check here

India Today

As we enter the final quarter of FY 2024-25, the government has announced that the interest rates for various small savings schemes, also known as Post office schemes, including Public Provident Fund, Senior Citizen Savings Scheme, Sukanya Samriddhi Yojana, and others, will remain unchanged for the period from January to March 2025. CURRENT INTEREST RATES FOR POST OFFICE SCHEMES The …

Post Small Office Savings 2025 Check Savings Deposit Post Office Schemes Schemes Rates

1 week, 2 days ago

New FD Rates: SBI vs Post Office fixed deposit interest rates compared. Where to invest?

Live Mint

A fixed deposit promises to offer a reliable, consistent, long-term return on investments. SBI fixed deposits India's biggest bank, the State Bank of India, offers varying fixed deposit interest rates based on the duration of the deposit. A term deposit of one year will provide 6.8 per cent interest, 7 per cent for a two-year term deposit, and 6.75 per …

Interest Term Cent Post Post Office Sbi Fixed Deposit

1 week, 3 days ago

Kickstart New Year 2025 with smart investments: Check schemes offering fixed returns with government guarantee

India TV News

New Year 2025: As the new year 2025 begins, many people set new goals, including planning for a more secure future for their families through investments. Here are a few options you may consider: Public Provident Fund PPF or Public Provident Fund is a government investment scheme offering an interest rate of 7.1 per cent. The TD scheme is available …

Cent New Year 5 Years Ppf New Year 2025 Investments Check Schemes Check Schemes

1 week, 3 days ago

Secured Credit Card: How it can help you establish a strong credit history

Live Mint

Are you looking to build a credit history? A secured credit card offers several benefits for anyone looking to build or rebuild credit: Accessibility for all: Traditional credit cards often require a good credit score, making them out of reach for beginners or those with a damaged credit history. Credit-building opportunity: Responsible use of a secured credit card is reported …

History Help Card Score Cards Your Credit Score Making

1 week, 4 days ago

Indian banks to stick with certificates of deposit after 2024 supply jumps 50%

Live Mint

By Dharamraj Dhutia MUMBAI, Dec 31 - Indian banks will continue to rely on certificates of deposit for meeting short-term cash needs in the next quarter amid tight liquidity conditions, after fundraising through these instruments rose 50% year-on-year in 2024. BY THE NUMBERS Banks issued CDs worth 12.23 trillion rupees in 2024 till Dec. 27, data from information provider Prime …

Indian Liquidity Banks Deposit Deposit Growth Cds

Bank holidays in January 2025: List of days when banks may be closed

Hindustan Times

All banks in India will remain closed for various festivals and other significant occasions in January 2025. The Reserve Bank of India is yet to release its official list of bank holidays for 2025, but here is a compiled a list of upcoming holidays in January 2025, according to a CNBC-TV18 report. Upcoming bank holidays in January 2025 January 1: …

India Bank 2025 Banks Closed Upi Occasion

1 week, 4 days ago

RBI’s New Year Gift: 6 things you need to know about the new NBFC fixed deposit (FD) rules. Details here

Live Mint

RBI's New Year Gift: Starting January 1, 2025, the banking sector will see changes, including new Reserve Bank of India guidelines for fixed deposits offered by Non-Banking Financial Companies and Housing Finance Companies. RBI's new fixed deposit guidelines for NBFCs and HFCs: Key changes from 1 January 2025 1)Small deposits may be paid to depositors ahead of schedule if the …

Interest Date Rbi Deposit Deposits Nbfcs Fixed

1 week, 5 days ago

Fixed Deposits: Safe investment or risky gamble? What you need to understand

Live Mint

Traditionally fixed deposits have been one of the most favourite and comfortable investment options for a large segment of Indians. Though other investment avenues like mutual funds and direct equities are gradually gaining importance, close to 15% of household savings still go into fixed deposits. If there is a senior citizen completely dependent on the interest income from fixed deposits …

India Tax Investment Income Tax Risk Interest Safe

1 week, 5 days ago

Complacency alert: The recent shortfall in deposits is a wake-up call for Indian banks

Live Mint

Since 1998, there have been at least six occasions when deposit growth trailed credit growth. In the previous five instances, the deposit-credit growth alignment was a result of both a rise in deposit growth and a fall in credit growth. If the banking system aspires to go back to the 14-16% deposit growth rate before 2016, it may have to …

Financial Credit Interest Cost Funds Rbi Deposits

1 week, 5 days ago

2025 Personal Finance Updates: Key changes to know and plan ahead; visa, credit card, EPFO, fixed deposits, UPI, more

Live Mint

New Year 2025 is just around the corner, and it brings more than just resolutions: it is a chance to realign our financial goals for the year. Planning finances for the new year will require awareness of key changes in 2025, including fixed deposit rules, credit card benefits, visa regulations, etc. As we welcome 2025, start the new year on …

India Financial Credit Card 2025 Thailand Sensex Indians

1 week, 6 days ago

Laws Governing Gold Savings Schemes By Jewellery Brands

Live Law

Gold Savings Schemes are schemes generally offered by the jewellery shops allowing the consumer to purchase gold by making monthly payments not exceeding 11-12 months. “Explanation.—For the purposes of this clause, any amount.— received by the company, whether in the form of instalments or otherwise, from a person with promise or offer to give returns, in cash or in kind, …

Savings Jewellery Gold Companies Act Company Sebi Act

2 weeks ago

Gold Coast couple loses $250,000 house deposit in 'spear phishing' scam

ABC

Sarah and Laine Robinson did everything right. "We went into the bank and we thought we have nothing to worry about going into the branch, other than it's all good and safe," Mr Robinson said. 'Spear phishing' attacks becoming more common The Robinsons were likely victims of what's called a "spear phishing" attack — a personalised impersonation scam where scammers …

Scams Bank Scam Phishing House Email Robinson

2 weeks, 1 day ago

PSU banks to cross ₹1.5 lakh cr profit in FY’25, low deposit mobilisation concern

Live Mint

New Delhi, Dec 27 Low NPAs and double-digit credit growth are expected to drive profits of public sector banks past the ₹1.5 lakh crore milestone in 2024-25. Public lenders recorded their highest-ever aggregate net profit of ₹1.41 lakh crore in 2023-24 on the back of significant improvement in asset quality, credit growth, healthy capital adequacy ratio and rising return on …

India Growth Credit Assets Bank Profit Crore

2 weeks, 1 day ago

Fixed deposit interest rates across banks: See list of FD rates up to 7.4%

Hindustan Times

A series of both private and public banks are offering interest rates between 6.80 and 7.40% on fixed deposits of amounts less than ₹3 crore and for a tenure of five years. This interest is calculated at quarterly compounding intervals on Term Deposits and paid at the rate decided by the bank depending upon the period of deposits. Bank name …

Bank Interest Rates Interest Rate Deposit Deposits

2 weeks, 2 days ago

LPG price, pension, fixed deposit: Key changes that will impact India’s middle class from January 1

India TV News

With just a few days left for the year 2024 coming to an end, and 2025 to start, several changes will come into effect in the country, impacting how households and working-class employees manage their finances and routines. From changes in LPG prices to new payment rules under UPI etc, these changes will affect many aspects of daily life of …

India Changes 2025 Upi Fixed Deposit Lpg Prices

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Articles for Deposit

SEBI v. Sahara| Supreme Court Asks SEBI To Examine Sahara Group's Proposed JV Agreement For Versova Land

IndusInd Bank share price rebounds after worst-ever yearly show: Will the recovery last?

What lies under the hood in banks' Q3 business updates

Muted Q3FY25 Earnings Expected for Banks Amid Slower Credit Growth

Indian Bank Q3 update: Total business up 8.3% at ₹12.6 lakh crore, total deposit surges 7.3%

How to become rich with SBI’s New Recurring Deposit Scheme? EXPLAINED

MCC NEET PG 2024 Counselling: Round 1, 2 resignation deadline extended till January 8, details here

Punjab National Bank announces new FD rates: Earn up to 8.05% interest. Check PNB’s latest fixed deposit details here

Market leaders urge finance minister to take liquidity-boosting measures in upcoming budget

Post office schemes' interest rates unchanged for January-March 2025. Check here

New FD Rates: SBI vs Post Office fixed deposit interest rates compared. Where to invest?

Kickstart New Year 2025 with smart investments: Check schemes offering fixed returns with government guarantee

Secured Credit Card: How it can help you establish a strong credit history

Indian banks to stick with certificates of deposit after 2024 supply jumps 50%

Bank holidays in January 2025: List of days when banks may be closed

RBI’s New Year Gift: 6 things you need to know about the new NBFC fixed deposit (FD) rules. Details here

Fixed Deposits: Safe investment or risky gamble? What you need to understand

Complacency alert: The recent shortfall in deposits is a wake-up call for Indian banks

2025 Personal Finance Updates: Key changes to know and plan ahead; visa, credit card, EPFO, fixed deposits, UPI, more

Laws Governing Gold Savings Schemes By Jewellery Brands

Gold Coast couple loses $250,000 house deposit in 'spear phishing' scam

PSU banks to cross ₹1.5 lakh cr profit in FY’25, low deposit mobilisation concern

Fixed deposit interest rates across banks: See list of FD rates up to 7.4%

LPG price, pension, fixed deposit: Key changes that will impact India’s middle class from January 1