Tag: Bank Deposits

Bank deposits slowed down in FY2022
Growth of bank deposits slowed down in FY2022

The growth of bank deposits across the market have slowed down to 10 per cent year-on-year (YoY) as per the Reserve Bank of India's (RBI) data, said Kotak Securities Ltd in a report.

  • Friday, 07 October 2022
Safeguarding Depositors' Money Key To Banks' Prosperity: PM Modi
Safeguarding Depositors' Money Key To Banks' Prosperity: PM Modi

Modi added that 98 per cent of the total depositors are currently covered under the depositors insurance scheme and the Centre is committed to safeguard their money.

  • Sunday, 12 December 2021
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PMC Bank Crisis: Odisha Asks Depts To Check Bank Health Before Depositing Funds

Bhubaneswar: Citing news reports flagging doubts over safety of deposits in some banks, the Odisha government has directed its departments, PSUs and other agencies to be ‘very careful’ while keeping deposits in any bank and make proper enquiry about the financial health of the concerned banks. A directive issued by the state finance department, under […]

  • Saturday, 24 April 2021
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