Deposits

RECENT NEWS
The Times of India  May 10  Comment 
The rate cut is a "considered response to the signals emanating from RBI's monetary policy," a statement from IDBI Bank said.     
The Australian  May 10  Comment 
ME Bank has become one of the first lenders to cut its deposit rates by more than the Reserve Bank's reduction in the cash rate.
Business Times - Malaysia  May 10  Comment 
Malaysia Building Society Bhd (MBSB) aims to increase by 20 per cent its total deposit by year-end from RM21.5 billion last year. Chief executive officer Datuk Ahmad Zaini Othman said the company's liability programme would be strengthened with...
The Hindu Business Line  May 7  Comment 
State Bank of India is eyeing a 15-20 per cent increase in deposits this fiscal, it’s Chairman Pratip Chaudhuri said. This targeted growth rate is higher than the Reserve Bank of India’s...
The Hindu Business Line  May 4  Comment 
City Union Bank offers 10 per cent interest on its 500-day deposit scheme.
The Hindu Business Line  May 3  Comment 
Chairman and Managing Director of Corporation Bank Ajai Kumar said it is too early to comment on lending rate cut. He told Business Line that a call on reduction in base ra...
The Hindu Business Line  May 3  Comment 
State Bank of Travancore (SBT) has announced a revision in interest rates for FCNR deposits with effect from Friday. As per the revision, interest rate (existing rates in brackets) for F...
FX Street  May 3  Comment 
Good Morning, - Euro trade slightly up at 1.31 level after yesterdays sell-off and ahead of US... For more information, read our latest forex news and reports.
Wall Street Journal  May 2  Comment 
The euro dropped, and euro-zone bond yields fell, after ECB President Mario Draghi didn't rule out allowing rates paid on deposits at the bank to move to negative levels.
The Hindu Business Line  May 1  Comment 
Three persons were arrested in West Bengal allegedly for running “fraudulent” public deposits schemes. The arrests were made after West Bengal Chief Minister Mamata Banerjee promised on...




 
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