Deposits
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RBI unlikely to cut rates amid strong economic growth, says SBI report
Business | October 03, 2024 13:25 ISTThe Reserve Bank of India (RBI) is unlikely to announce a rate cut in its upcoming monetary policy meeting, according to a report by the State Bank of India (SBI). With India experiencing robust economic growth that surpasses capacity, the RBI is expected to maintain current interest rates.
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Banks urged to focus on core business, innovate for higher deposits: FM Sitharaman
Business | August 10, 2024 14:54 ISTFinance Minister Nirmala Sitharaman urged banks to prioritise their core business activities, emphasising the necessity of collecting deposits and lending with increased strictness.
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Kerala: ED attaches land, bank deposits of CPI(M) in money laundering case, party denies involvement
India | June 29, 2024 16:34 ISTThe case pertains to a 'scam' in 2010 when the Karuvannur Service Cooperative Bank disbursed loans to beneficiaries by mortgaging properties of poor members without their knowledge. The ED blamed the CPI(M) Thrissur district committee leaders for orchestrating the scheme.
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BJP's clean sweep leaves nearly 85 per cent candidates losing their security deposit in MP
Madhya Pradesh | June 07, 2024 17:23 ISTAccording to the Election Commission, a candidate needs to secure at least one-sixth of the total valid votes cast in the constituency to save their security deposits which ranges from Rs 12,500 to Rs 25,000.
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Andhra Pradesh: Large deposits of 15 'rare earth elements' found in Anantapur
India | April 07, 2023 23:29 ISTAndhra Pradesh news: NGRI scientist PV Sunder Raju said, "Zircon of varying shapes was observed in Reddypalle and Peddavadaguru villages."
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Civil Aviation Ministry mistakenly deposits salary in retired employee's bank account
India | November 26, 2019 17:50 ISTAccording to a source, Ramesh, an MTS personnel, retired in September but the ministry deposited salary for the month of October in his account.
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'What kind of protection is available to customers with deposits of over Rs 1 lakh'; Delhi HC asks RBI
Business | October 12, 2018 14:12 ISTThe court was hearing a PIL that claimed that DICGC provides a maximum insurance cover of Rs 1 lakh per customer, irrespective of the amount of deposit, including savings, fixed, current and recurring.
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Deposits in Jan Dhan accounts rose by Rs 29,000 cr in a month post note ban
January 30, 2017 10:17 ISTTotal deposits in Jan Dhan accounts surged by nearly Rs 29,000 crore in the period of a month since the November 8 announcement demonetising high value currency notes, according to the latest official data released here.
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Rs 100 cr mysterious deposit in SBI account of SP MLA’s bodyguard, matter reported
India | January 04, 2017 16:49 ISTA Samajwadi Party MLA's gunner was left flabbergasted when he found that his account was mysteriously credited by nearly Rs 100 crore.
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RBI rolled back restrictions on cash deposits at Arun Jaitley’s behest: BJP
Politics | December 22, 2016 16:11 ISTBJP has claimed that RBI’s decision to rollback its notification restricting cash deposits above Rs 5,000 was a course correction done at the behest of Finance Minister Arun Jaitley to ensure that common people were not inconvenienced.
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RIL rejigs investment portfolio; focus on bonds, deposits
June 01, 2014 18:32 ISTNew Delhi: Reliance Industries, whose investment portfolio is one of the biggest among all Indian companies, has increased exposure to corporate bonds and government securities. Mukesh Ambani-led RIL, which had a cash chest and marketable securities
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SBI, PNB revise interest rate on fixed deposits
August 02, 2012 20:13 ISTNew Delhi, Aug 2: Within days of RBI's quarterly review of monetary policy, State Bank of India (SBI) today cut interest rate on fixed deposit of over 5 years by 0.25 per cent to 8.50
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Chandrayaan-I Detects Ice Deposits On Moon
India | March 02, 2010 11:34 ISTScientists have detected more than 40 ice-filled craters in the moon's North Pole using data from a NASA radar that flew aboard India's Chandrayaan-I. NASA's Mini-SAR instrument, lightweight, synthetic aperture radar, found more than 40
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