Bank credit grows at 10.16%; deposits up 11.85%: RBI
Scheduled commercial banks' credit grew at 10.16 percent to Rs 66,32,101 crore in the fortnight ended May 15, according to the Reserve Bank data.
May 27, 2015, 22:05 PM IST
Bank of Baroda cuts deposit rate for a select maturity by 0.1%
State-owned Bank of Baroda (BoB) has revised downwards the interest rate for deposits below Rs 1 crore for a select maturity bracket.
Mar 23, 2015, 15:26 PM IST
China launches draft rules for insurance of bank deposits
China on Sunday issued draft regulations to introduce a bank deposit insurance system for the first time, the latest in a series of steps that pave the way for liberalising lending rates.
Nov 30, 2014, 18:01 PM IST
Banks deposit growth down for the first time in months: RBI
Bank credit continued its tepid growth yet again, notching up a low 11.17 percent to Rs 62,72,621 crore, according to the latest Reserve Bank of India data.
Nov 12, 2014, 21:16 PM IST
Credit growth overtakes bank deposits; grows at 13.3%
While total credit stood at Rs 54,04,562 crore in the same period last year, bank deposits stood at Rs 70,72,139 crore in the corresponding period last year.
Jul 09, 2014, 20:36 PM IST
External debt up over 7% on higher non-resident deposits
Higher non-resident deposits led to a rise of 7.6 percent in India's external debt at USD 440.6 billion for the financial year ended March 31.
Jun 30, 2014, 22:19 PM IST
AIBEA seeks hike in tax exemption on bank deposit interest to Rs 25K
Bank employees body AIBEA has demanded an increase in the exemption of tax on interest earned on bank deposits to Rs 25,000 from Rs 10,000 at present from the government in its maiden Budget next month.
Jun 26, 2014, 20:35 PM IST
Bank deposits, credit rise nearly 14%
Bank deposits grew at 13.91 percent year-on-year to Rs 79,00,894 crore as of June 13, similar to credit growth, according to RBI data.
Jun 25, 2014, 20:50 PM IST