Latest News on Bank deposits
Showing of 0 - 10 from 45 results
Bank deposits - Total results - 45
Dec 11, 2017
FRDI Bill: Arun Jaitley alleys fears about bail-in provision, says govt will fully protect public depositsThe draft FRDI Bill empowers Resolution Corporation to cancel liability of a failing bank or convert nature of liability.
Dec 07, 2017
FRDI Bill: Don't break common man’s trust in banks; Narendra Modi govt should change ‘bail-in’ clauseBank deposits continue to be the most trusted savings avenue for majority of Indians. The 'bail-in' clause in the bill is indeed a concern for the customers
Oct 06, 2017
Aadhaar compulsory for PPF, post office deposits and more; deadline 31 December"Provided that where Aadhaar number has not been assigned, the depositor shall submit proof of application of enrolment for Aadhaar," said a government notification.
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