Tag: deposits
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Last chance to lock fixed deposits at the current interest rates as RBI kicks off rate cut cycle; check latest rates
As the Reserve Bank of India's (RBI) monetary policy committee (MPC) cut repo rate by 25 basis points on Friday, it is seen as the start...
Tax changes in budget will increase bank deposits by ₹40,000-45,000 crore: DFS secretary M Nagaraju
The finance ministry expects ₹40,000-45,000 crore to flow into banks as deposits from the various tax changes announced in the Budget, including raising...
Budget 2025: Govt tries to strike a balance between credit and deposits
The Indian banking and financial sector, though robust and well-capitalised, continues to face serious challenges linked to unsecured loans and global market volatility. These...
