Deposits News

Can Washington come to the rescue of the depositors of failed Silicon Valley Bank? Is it even politically possible? That was one of the growing questions in Washington Sunday as policymakers tried to figure out whether the U.S. government - and ...

State Bank of India (SBI) chairman Dinesh Kumar Khara on Wednesday exuded confidence that the country's largest lender will be able to maintain its performance on the asset quality side even amid the high loan growth. He said SBI, which won ...

Amidst liquidity tightening and a decadal high credit growth of over 18 per cent and deposit growth falling way behind, a report has warned that banks are not adequately pricing their risks from both asset and liabilities sides. Liquidity crunch is ...

GMS, which modifies the existing 'Gold Deposit Scheme' (GDS) and 'Gold Metal Loan Scheme (GML) seeks to mobilise gold held by households and institutions of the country and facilitate its use for productive purposes, and in the long run, to bring ...

The Reserve Bank on Friday imposed several restrictions, including a cap on withdrawals for the depositors, on four cooperative banks for six months given their deteriorating financial positions. The banks on which restrictions or Directions under the Banking Regulation Act, 1949 ...

Prime Minister Narendra Modi will address a programme, "Depositors First: Guaranteed Time-bound Deposit Insurance Payment up to Rs 5 Lakh," on Sunday at Vigyan Bhawan here, his office said. Deposit insurance covers all deposits such as savings, fixed, current and ...

In the fortnight dated 23 October, bank credit grew by 5.06 percent to Rs 103.39 lakh crore, while deposits rose by 10.12 percent to Rs 142.92 lakh crore, according to the RBI data. In comparison, in the fortnight ended 25 October ...