Latest News on Bank deposits
Showing of 0 - 10 from 42 results
Bank deposits - Total results - 42
Sep 18, 2017
Minimum balance: SBI looks to amass Rs 2,000 cr penalty, to partly use it for Aadhaar-PAN linkingFrom 1 April, SBI made it mandatory for savings bank accounts in metropolitan cities to maintain Rs 5,000 as minimum balance, Rs 3,000 in urban areas, Rs 2,000 in semi-urban areas and Rs 1,000 in rural areas, failing which a penalty is levied.
Sep 04, 2017
Silencing demonetisation critics: It's time Modi govt should boldly publish names of money launderersThe Modi government must therefore silence the critics by nailing dubious deposits made during the demonetisation period
May 24, 2017
Income tax dept unearths 400 benami deals, attaches Rs 600-cr propertiesImmovable properties have been attached in 40 cases with total value of more than Rs 530 crore in Kolkata, Mumbai, Delhi, Gujarat, Rajasthan and Madhya Pradesh
Apr 07, 2017
RBI monetary policy takeaways: What the central bank thinks of growth, NPAs, liquidityGiven that banks have closed their accounts in March, the market was keen to get a clear number on the demonetisation exercise in terms of the return of old notes to the system.
Mar 31, 2017
PPF rate cut: Why Modi govt is wrong in linking small savings interest rates to bond yieldsIt reinforces the depressing view that the Modi government is unsympathetic to the concerns of the small man though the BJP has been winning successive state elections thanks to his unstinted support
Mar 31, 2017
Interest rate on PPF, Kisan Vikas Patra cut from 1 April; will bank deposit rates follow?The move is expected to prompt banks to lower the deposit rate in line with the small savings rate as offered by the government
Mar 23, 2017
Demonetisation: Parliamentary panel to summon RBI Governor Urjit Patel again on 20 AprilA Parliamentary panel has decided to summon RBI Governor Urjit Patel again to explain how much of the junked currency has been deposited in banks post note ban and the progress made in remonetisation
Mar 21, 2017
I-T Department warns black money hoarders of action, to be fined over 77% if caughtAfter the 8 November demonetisation of Rs 500 and Rs 1,000 notes, the central government unveiled the PMGKY amnesty scheme from 16 December, 2016 to 31 March, 2017 for declaring unaccounted wealth (black money) and avoiding prosecution by paying a fine of 50 percent on the undisclosed income.
Mar 03, 2017
Q3 GDP: Why flood of bank deposits post demonetisation never aided growthThe Ambit report raises doubts of the claim by finance minister Arun Jaitley that surplus liquidity in the banking system post-demonetisation will lower lending rates, thus increase lending activity contributing to higher growth
Feb 23, 2017
Note ban impact on loan, deposit growth significant in Oct-Dec quarter: Moody'sMoody's said the slowdown in loan growth may also have been in part due to loan repayments using the demonetised currencies