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Lower opening in the domestic equity market put the rupee on the back foot.

Two years on, but payment banks yet to find traction

Total deposits of four payment banks in operation are just under Rs 540 crore.

29 Oct 2018 5:13 AM GMT

Shares of Indian Bank were trading 9.59 per cent up at Rs 312.50 on BSE.

Indian Bank revises interest rates on FCNR(B) deposits

Interest rates for deposits of three years and above, but less than four years have been fixed at 4.06 per cent.

6 Oct 2018 11:03 AM GMT

HDFC Bank is Indias second largest private sector bank. (Photo: YouTube)

HDFC Bank hikes deposit rates; BoB raises lending rate

HDFC Bank raised interest rates on deposits by up to 0.5 pc, while Bank of Baroda hiked lending rates by 0.1 pc.

7 Nov 2018 5:13 AM GMT

Given the higher NPAs and weak capitalisation of PSBs, ICRA had earlier projected private sector banks market share in the banking sector advances to increase to 38 per cent 40 per cent by 2020 from 27.5 per cent as on March 31, 2017. (Representational image)

Bank credit grows at 11.52 per cent, deposits at 7.96 per cent

In the same period ended April 14, 2017, banks advances were at Rs 76,01,970 crore.

25 April 2018 12:37 PM GMT

Asserting that all its loans are fully secured, suspended PMC Bank managing director Joy Thomas stated that one large account - HDIL - was the sole reason for the present crisis that led to the regulatory action on Tuesday. (Photo: PTI)

PMC case: 'Depositors can approach RBI admin for emergency...

The apex bank also stated that a largescale wrongdoing has been found in the PMC bank.

19 Nov 2019 10:49 AM GMT

The agenda going forward is clear: The banks have to regain the confidence of investors so that they can raise funds from the capital markets and not be dependent on government. (Representational image)

'Banks need Rs 20 trillion deposits for credit growth, may up rates'

Credit to deposit ratio will jump to 78 per cent by the end of FY19 from the 73 per cent levels in March 2017.

6 Feb 2019 10:03 AM GMT

Pradhan Mantri Jan Dhan Yojna (PMJDY) was launched on August 28, 2014. (Photo: PTI)

Deposits in Jan Dhan accounts cross Rs 1 lakh crore

Over 50 per cent of the Jan Dhan account holders are women.

10 July 2019 7:22 AM GMT

Shaktikanta Das

Time has come for banks to link loans, deposits to repo rate: RBI Gov...

SBI was to first one to link loans and deposits to the repo rate from May and home loans from July, six other banks...

19 Aug 2019 7:10 AM GMT

As of November 9, the balance in about 25.5 crore Jan Dhan accounts was Rs 45,636 crore.

Jan Dhan accounts brim with Rs 64,250 crore deposits

Uttar Pradesh has highest 3.79 crore account holders with Rs 10,670.62 crore deposits in them.

25 Nov 2016 11:24 AM GMT

The rupee had closed steady at 67.96 against the US dollar on Friday amid renewed selling in the domestic equity against the backdrop of sustained capital outflows.

Jan Dhan deposits surge to Rs 64,564 crore

PMJDY accounts allow an overdraft facility of up to Rs 5,000 in one account per household.

16 July 2017 12:36 PM GMT

Revenue Secretary Hasmukh Adhia

'Operation Clean Money to track large deposits'

Revenue Secretary Hasmukh Adhia says govt will question taxpayers who deposited over Rs 5 lakh post-note ban.

31 Jan 2017 10:13 AM GMT

SBI chairperson Arundhati Bhattacharya said ATMs will start dispensing 50 and 20 rupee notes in coming days. (Photo: PTI)

Received Rs 1.27 lakh crore in deposits: SBI

The largest public sector bank also records Rs 6,477 worth OTC exchange of currency notes.

18 Nov 2016 5:22 AM GMT