Latest News on Bank Deposits
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Bank Deposits - Total results - 50
Aug 19, 2019
RBI governor Shaktikanta Das says time banks link loans, deposits to repo rate; move can speed up monetary transmission processAfter over a dozen public sector banks, including State Bank, have voluntarily linked their loans and deposits pricing to the repo rate, Reserve Bank governor Shaktikanta Das Monday stressed on the need for the entire system switching to this model, saying such a moved can speed up the monetary transmission process
Aug 08, 2019
If you think RBI’s 35 bps surprise rate cut is big bonanza for common man, the joke is on you; here’s whyThe banks have room for further reduction of at least 80 bps in their lending rates if these entities choose to pass on the full benefit of the RBI rate cuts to the end-borrower.
Dec 29, 2018
Stock markets have rallied since 2016; do not shy away from equity, but tread cautiously in 2019Alpha (capital appreciation) will surely occur, there is no need to shy away from equity,\
Oct 15, 2018
Benami hunt: Why Narendra Modi govt's latest move could spring a surprise on detractors of demonetisationAction under the benami law for deposit of demonetised notes disabuses the naïve notion that all bank deposits automatically become sanitised and legit
Sep 27, 2018
Supreme Court verdict on Aadhaar: Why linking bank accounts is critical for battle against black moneyArray
Aug 31, 2018
Demonetisation: Nullifying non-deposited currency was not the only aim, says finance minister Arun JaitleyArun Jaitley said the larger purpose of the demonetisation was to remove the anonymity of the owner of cash and to move India from a tax non-compliant society to a compliant society.
Aug 30, 2018
RBI says 99.3% of demonetised currency is back: What went wrong with the government's black money huntRBI says 99.3 percent of about Rs 16 lakh crore in the form of the banned Rs 500 and Rs 1000 notes have found their way back into the banking system
Jul 31, 2018
Over half of bank deposits contributed by individuals; NRI deposits record highest growth: RBI dataOn an outstanding basis, public sector banks held around two-thirds of total deposits, the RBI said.
Jul 19, 2018
FRDI Bill: Govt scrapping it is good news for depositors; but India needs stronger laws to handle banks that go brokeThe government could have retained the FRDI Bill, tweaking the controversial provisions
Jun 29, 2018
Money stashed by Indians in Swiss banks swells by 50%: Narendra Modi's promise on black money suffers setbackIn 2015, the money held by Indians in Swiss banks had fallen by nearly one-third to CHF 1,217.6 million (over Rs 8,000 crore). Prior to that, these funds fell by 10 percent to CHF 1.8 billion in 2014, after a rise of 43 percent in 2013 to CHF 2.03 billion, the report added.