Decline In Bank Deposits Also Because Of Non-uniform Tax Treatment On Various Investment Options: SBI Report
SBI attributed the fall in deposits to the varied rates of return offered by different investment options for similar time frames and different tax rates on returns on deposits.
Aug 19, 2024, 15:33 PM IST
Indian Bank Clocks 41 per cent Jump In Net Profit To Rs 2,403 Crore For April-June Quarter
The bank's gross advances increased by 12 per cent to Rs 5.40 lakh crore in the April-June quarter compared to Rs 4.8 lakh crore in the same quarter last year.
Jul 29, 2024, 19:05 PM IST
Bank credit grows 5.33%; deposits rise 10.94%
However, the year-on-year growth rate has fallen in the first month of the new financial year (i.E., April 2021) for the first time in five years, reflecting subdued credit demand amid the rising second wave of the pandemic, the report said.
Apr 26, 2021, 20:34 PM IST
Which is better – liquid fund or a savings account?
People often find it difficult to choose between liquid funds and savings account in terms of accumulating their funds.
Dec 19, 2017, 08:51 AM IST
Know which banks will give you maximum interest on savings account
Here are banks in India that give you maximum interest on savings account. Check out the list.
Jun 09, 2016, 10:38 AM IST
Bank credit, deposit fall steeply in March quarter: RBI
Bank credit grew at a slower rate of 9.8 percent and deposit growth rate slowed down to 10.7 percent in the March quarter, says RBI data.
Jun 22, 2015, 22:13 PM IST