Post Office Scheme: Get Rs 3,300 pension every year by just depositing Rs 50,000
The current Post Office MIS interest rate is 6.6 percent per year, compounded monthly.
Oct 05, 2021, 16:51 PM IST
Take a look – HiRESE captures stunning photo of well-preserved impact ejecta on Mars
As per NASA, the image of the crater in Terra Sabaea is illustrative of the complexity of ejecta deposits forming as a by-product of the impact process that shapes much of the surface of Mars.
Jan 13, 2017, 09:45 AM IST
Post demonetisation Jan Dhan deposits soar sharply by over Rs 27,000 crore
Post demonetisation move by the government, deposits in Jan Dhan accounts have soared sharply by around Rs 27,200 crore in just 14 days.
Nov 26, 2016, 23:56 PM IST
Rs 1.03 trillion withdrawn from bank accounts since November 10: RBI
People have withdrawn Rs 1.03 lakh crore of cash over the counter and ATMs between November 10 and 18, the Reserve Bank of India said in a statement issued on Monday.
Nov 21, 2016, 17:14 PM IST
Govt to keep tabs on deposits over Rs 2.5 lakh, to attract tax plus 200% fine on income mismatch
Any mismatch with income declared by the account holder will be treated as a case of tax evasion and thus attract tax plus a penalty of 200 percent, the government said.
Nov 09, 2016, 21:58 PM IST
RBI launches portal to curb illegal money pooling by firms
To curb illegal and unauthorised pooling of funds by unscrupulous firms, Reserve Bank on Thursday launched a website, which will help people obtain information about entities allowed to collect deposits.
Aug 04, 2016, 16:05 PM IST
Bank credit grows 11.62%, deposits at 11.02%
Bank credit growth continued to remain in double-digits clipping at 11.62 percent year-on-year to Rs 71,72,740 crore for the fortnight ending February 19, according to the Reserve Bank data
Mar 04, 2016, 17:39 PM IST
Deposits worth about Rs 21K crore mobilised under PMJDY
Banks have mobilised deposits worth close to Rs 21,000 crore from the accounts opened under the Pradhan Mantri Jan Dhan Yojana, the Finance Ministry said Wednesday.
Aug 12, 2015, 19:59 PM IST
India to tighten screws on banks' ''window dressing'' of accounts
India`s government is set to overhaul annual targets for public sector lenders this month, ending a focus on size that has long encouraged banks to inflate their loans and deposits at the year-end to hit growth objectives.
Jun 09, 2015, 01:27 AM IST
Led by SBI group, PSBs dominate credits, deposits space
State-owned lenders remain dominant players in India's banking system with SBI group alone accounting for about a quarter of the market share both in the credits as well as the deposits arena.
May 10, 2015, 12:05 PM IST
Bandhan to focus on deposits in the initial years
Bandhan Financial Services, a micro finance institution (MFI), will initially focus on taking deposits after transforming itself into Bandhan Bank.
Feb 20, 2015, 18:35 PM IST
High value FDs to earn higher rate; norms to be issued soon: RBI
Unbreakable high value fixed deposits will soon earn higher rate of interest with the Reserve Bank of India allowing banks to offer differential rates.
Feb 04, 2015, 16:23 PM IST
RBI tightens rules for "shadow banks"
The Reserve Bank of India (RBI) has tightened rules for so-called "shadow banks", raising minimum capital requirements and restricting deposits with a set of changes that it hopes will protect consumers and the market without stifling growth.
Nov 11, 2014, 04:20 AM IST
RBI to redefine deposits as ponzi scams mount
In the wake of unearthing of multiple unauthorised deposit raising schemes and scams such as Saradha and PACL, RBI Deputy Governor R Gandhi on Monday said the Reserve Bank is working with the government on redefining as to what constitutes a deposit.
Aug 25, 2014, 20:35 PM IST
Over Rs 5,000 cr lying unclaimed with banks
Banks had Rs 5,124 crore in unclaimed deposits lying with them as of December 31, 2013, Parliament was informed Tuesday.
Jul 08, 2014, 18:51 PM IST
Indian Bank revises interest rates on FCNR (B) deposits
State-run Indian Bank has revised the interest rates on foreign currency non-resident (banking) deposits with immediate effect.
Jul 03, 2014, 14:41 PM IST
