Deposits

RECENT NEWS
The Hindu Business Line  Jan 5  Comment 
Following the massive surge in deposits after the demonetisation announced on November 8, banks saw their aggregate deposits falling for the fortnight to December 23, according to the Reserve Bank of...
The Economic Times  Jan 5  Comment 
With the returns from stock market slowing, deposit rates falling and no tax-free bond issues, investors are finding comfort in fixed income instruments.
The Hindu Business Line  Jan 3  Comment 
RRBs improve balance; private banks in the rear
The Economic Times  Jan 3  Comment 
The average daily value of new investment proposals announced since the cash ban has slumped by three-fifths, according to the Centre for Monitoring Indian Economy.
The Economic Times  Jan 2  Comment 
Her reference was to the events following the demonetisation of Rs 500 and Rs 1,000 currency notes, which put enormous pressure on commercial banks.
The Hindu Business Line  Jan 1  Comment 
Deposits in Jan Dhan account have more than doubled to Rs 87,000 crore in 45 days post demonetisation, prompting the tax department to “dissect” information relating to such deposits, a top governmen...
The Hindu Business Line  Dec 31  Comment 
In order to protect senior citizens from any decline in interest rates, Prime Minister Narendra Modi today said they will get a fixed 8 per cent return on 10-year bank deposits of up to Rs 7.5 lakh. ...
The Economic Times  Dec 31  Comment 
The amounts of cash deposited were much higher than what they had done in the preceding two-three years, an IT official told ET.
The Economic Times  Dec 30  Comment 
All lenders, including public, private, rural and cooperative banks, have been asked to make arrangements to gather information on deposits of the Specified Bank Notes (SBNs).
The Economic Times  Dec 30  Comment 
An exercise is on to verify the genuineness of the deposits and tally them with tax returns. I-T has already served around 5,000 notices.




 
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