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Centre raises small savings deposit rates

Centre raises small savings deposit rates

1 min read . 31 Mar 2023

FILE PHOTO: U.S. Treasury Secretary Janet Yellen testifies before a Senate Appropriations Financial Services and General Government Subcommittee hearing on President Biden's proposed budget request for the Department of the Treasury for fiscal year 2024, on Capitol Hill in Washington, U.S., March 22, 2023. REUTERS/Evelyn Hockstein/File Photo (REUTERS)

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Janet Yellen Says Bank Rules Might Have Become Too Loose

2 min read . 31 Mar 2023

None of the measures requires Congressional approval, the White House said in a statement (AP)

White House proposes tougher bank rules, new tests after crisis

2 min read . 31 Mar 2023

Punjab & Sind Bank (PSB) offers four different special fixed deposit schemes (Business Standard)

Punjab and Sind Bank revises FD rates, introduces two special tenors with up to 7.10% return effective from 1 April

2 min read . 30 Mar 2023

Ruling on fraud accounts opens Pandora’s box

2 min read . 30 Mar 2023

(EDITOR'S NOTE: Best Quality Available) Ralph Hamers, outgoing chief executive officer of UBS Group AG, left, Colm Kelleher, chairman of UBS Group AG, center, and Sergio Ermotti, incoming chief executive officer of UBS Group AG, during a news conference in Zurich, Switzerland, on Wednesday, March 29, 2023. UBS�is bringing back�Ermotti�as chief executive officer to oversee the historic acquisition of�Credit Suisse Group AG, tapping a Swiss insider with extensive restructuring experience to replace�Ralph Hamers�after just over two years.� Photographer: Marion Halftermeyer/Bloomberg (Bloomberg)

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UBS Brings Back Former CEO Sergio Ermotti After Credit Suisse Deal

4 min read . 29 Mar 2023

Consequently, HDFC Bank is now providing a maximum interest rate of 7.90% on these deposits.

HDFC Bank revises interest rates on non-withdrawable fixed deposits (FDs) effective from today

2 min read . 29 Mar 2023

CDS help to mitigate the risk by providing a form of insurance (AP)

What are credit default swaps and why are they causing trouble for Europe's banks?

4 min read . 29 Mar 2023

ICICI Bank too said that it set up a dedicated team to help the startups move their funds from SVB. (Photo: iStock)

IBA, banks plan to increase startup funding

1 min read . 28 Mar 2023

The diminishing clout of public sector banks, in 5 charts

4 min read . 29 Mar 2023

FILE - A sign is displayed at a branch of Signature Bank in New York, on March 13, 2023. When two tech-linked U.S. banks failed this month, the investors who lost millions included public-sector pension funds responsible for ensuring the retirements of teachers, firefighters and other government workers. (AP Photo/Seth Wenig, File) (AP)

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Bets Against Signature Bank Stock Paid Off—on Paper, at Least

4 min read . 28 Mar 2023

IDBI bank K G marg new delhi; 02/11/2012;photo:pradeep gaur/mint

IDBI appoints Smita Harish Kuber as CFO; Samuel Jebaraj resigns as Deputy MD

1 min read . 28 Mar 2023

All these schemes can be opened at any authorized bank branch. On 08/03/2023,

Punjab & Sind Bank (PSB) going to end 4 special FD schemes on 31st March

2 min read . 28 Mar 2023

A fixed deposit (FD) is a financial instrument that enables individuals to deposit a lump sum of money for a specified period of time at a fixed rate of interest.

This PSB to discontinue special FD of 555 days with up to 7.50% return from March 31

2 min read . 28 Mar 2023

ICICI Bank is now giving a maximum interest rate of 7.25% on bulk fixed deposits with a deposit tenure of 1 year to 15 months.

ICICI Bank bulk FD rates are effective from today with a maximum interest rate of 7.25%

2 min read . 28 Mar 2023

Photo: Shutterstock

Digital lending faces the heat amid funding winter

3 min read . 28 Mar 2023

A First Citizens Bank sign is seen in Durham, North Carolina, on Monday March 27, 2023. North Carolina-based First Citizens will buy Silicon Valley Bank, the tech industry-focused financial institution that collapsed earlier this month. (AP Photo/Jonathan Drew) (AP)

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First Citizens Acquires Much of Failed Silicon Valley Bank

6 min read . 27 Mar 2023

FILE PHOTO: A person walks past a First Republic Bank branch in Midtown Manhattan in New York City, New York, U.S., March 13, 2023. REUTERS/Mike Segar/File Photo (REUTERS)

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Where Financial Risk Lies, in 12 Charts

3 min read . 27 Mar 2023

Kotak Mahindra Bank is giving a maximum interest rate of 7.20% for the general public and 7.70% for senior citizens on deposit terms ranging from 390 days (12 months 25 days) to less than 2 years.

Kotak Mahindra Bank latest FD rates are effective from today with up to 7.70% to senior citizens on these tenors

2 min read . 27 Mar 2023

ANZ CEO Shayne Elliot said global regulators have acted much quicker to support banks this time, having learned lessons from the prior crises, and most have higher levels of liquidity to stem any fallout, (ANZ)

ANZ's CEO says banking turmoil has potential to trigger financial crisis

1 min read . 27 Mar 2023

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