Deposits

RECENT NEWS
The Hindu Business Line  Sep 7  Comment 
The Finance Ministry is likely to give its concurrence next week to EPFO’s trustees’ decision to provide 8.75 per cent rate of interest on PF deposits to over five crore subscribers this fiscal.
The Straits Times  Sep 4  Comment 
September 05, 2014 2:06 AM A SHRINKING deposit base and new liquidity rules are motivating banks and other financial institutions to launch a slew of promotions to attract more cash.
The Economic Times  Sep 3  Comment 
The committee would suggest procedure to bring unclaimed deposits to a common pool, it said, adding that the panel would submit its report by December 31, 2014.
Clusterstock  Sep 2  Comment 
By Bernardo Vizcaino (Reuters) - As banks around the world gear up to meet tough Basel III regulatory standards, Islamic lenders face a source of uncertainty that could prove expensive for them: how regulators will treat their deposits. In most...
WA Business News  Sep 2  Comment 
Australian banks are lending out money at a faster rate than they are taking it in from deposits, forcing them to increasingly rely on international funding markets, rating agency Moody's warned.
The Hindu Business Line  Sep 1  Comment 
The State Bank of Bikaner and Jaipur today revised its FCNR(B) rates for fresh deposits and renewals. The new rates in the maturities of one to five years for US dollar are 2.34 per cent,...
Channel News Asia  Aug 29  Comment 
This is up from the RMB220 billion at the end of the first quarter, as Singapore tries to become a major offshore trading centre for the currency. 
Wall Street Journal  Aug 28  Comment 
Canada's biggest banks recorded sturdy deposit growth in their domestic retail divisions in the latest quarter as consumers and businesses bulked up account balances.
Reuters  Aug 28  Comment 
Glencore will hold talks with the government of the Australian state of Queensland over developing vast bauxite reserves that have remained untapped for decades despite a series of attempts by mining companies to get a project off the ground.
New York Times  Aug 26  Comment 
Automated machines that turn traditional money into virtual currency are cropping up, which supporters say could help the machines become as widespread as traditional bank A.T.M.s.




 
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