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FPIs withdraw nearly Rs 20,000 crore from equities in the last 5 trading sessions, make a beeline for China and US
Foreign investors pulled nearly Rs 20,000 crore from Indian stocks this month, driven by China's ch…
Credit offtake expanded by Rs. 20.4 lakh crore, deposits by Rs 23.9 lakh crore over the last 12 months
Credit offtake is a type of bank credit that assists businesses in getting financing for future pro…
ANI
A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?
The growth rate of bank deposits in India has been slowing, largely outpaced by credit growth. But …
Simply Put: A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?
Indians seem to be depositing less money in banks, and everyone's blaming the stock markets. But ar…
RBI leaves repo rate unchanged. What does this mean for you?
This is a good time to invest in high-yield fixed deposits and other debt instruments. That's becau…
Not just withdraw, you can soon deposit cash using UPI at ATMs, promises RBI
On Friday, RBI governor Shaktikanta Das announced that bank account holders will soon be able to de…
DICGC introduces Daava Soochak for depositors to track claim status
Daava Soochak, a user-friendly online tool, is part of DICGC's ongoing commitment to improving the …
PTI
Massacre continues on Sensex and Nifty as foreign investors withdraw Rs 97,205.42 crore in October
Smallcaps bore the biggest brunt of this drawdown, with the smallcap 100, 50, 250, and microcaps ea…
Mumbai woman loses Rs 6 lakh to cyber fraud while trying to save Rs 5,000 — here’s how to avoid such scams
What started as a simple attempt to withdraw Rs 5,000 from an ATM ended with her losing Rs 6 lakh t…
SBI report dismisses bank deposit concerns as a 'Statistical Myth'
As Finance Minister Nirmala Sitharaman hold a review meeting with heads of Public Sector Banks and …
ANI
HDFC bank sees muted quarterly business; share drops 4.15% during trade today
Anticipating that HDFC Bank's foreign inclusion factor to increase from 50% to 100% in the MSCI Ind…
Banks write off loans worth ₹9.90 lakh crore in last 5 financial years
"Banks evaluate/consider the impact of write-offs as part of their regular exercise to clea…
PTI
Noida woman invests in stock market via an app, loses over Rs 69 lakh as it turns out to be a scam
A 32-year-old woman from Greater Noida lost over Rs 69 lakh to scammers posing as stock market advi…
Credit growth in banks continues to exceed deposits, says new SBI report
The State Bank of India reported that credit growth in Indian banks has been consistently outpacing…
ANI
2.1% of ₹2,000 banknotes, with value of ₹7,581 crore, still to be returned
About 2.1 per cent or Rs 7,581 crore of the withdrawn Rs 2,000 banknotes have not yet been returned…
ANI
As the deposit deadline approaches, ₹2,000 notes fade from the system
With a couple of weeks to go before the deadline to deposit ₹2,000 banknotes, e-commerce giant Am…
RBI proposes higher liquidity coverage ratio for retail deposits, creation of level-1 high quality assets
The Reserve Bank of India (RBI) has issued a draft circular on the Basel III framework regarding li…
Half of India’s ₹2,000 notes are back with banks within a month of withdrawal announcement
Around 50% of India's ₹2,000 bank notes have returned to banks, according to Reserve Bank of India …
OYO withdraws DRHP, to refile IPO post refinancing: Sources
Oravel Stays Ltd, OYO's parent company, had in November prepaid a significant chunk of its de…
PTI
Two years after the PMC Bank crisis, depositors of stressed banks to get up to ₹5 lakh by December
“Accordingly, DICGC shall pay the depositors of the insured banks (as per list) placed under AID…