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Bank Deposits

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Bank fixed deposits

Deposits that are collected from investors by banks for a specific time period are known as bank fixed deposits or bank term deposits. These form the main area of raising funds for banks.

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Bank Fixed Deposits

News On Bank fixed deposits
City Union Bank fixes record date for interim dividend

21-05-2013| Source:Moneycontrol.com

City Union Bank has fixed May 31, 2013 as the Record Date for the purpose of payment of Interim Dividend. The interim dividend shall be paid on or before June 10, 2013.

ING Vysya Bank fixes book closure for dividend & AGM

20-05-2013| Source:Moneycontrol.com

ING Vysya Bank has informed BSE that the Register of Members & Share Transfer Books of the Bank will remain closed from June 14, 2013 to June 25, 2013 for the purpose of Payment of Dividend &

Low cost deposit base key to new bank success, says ICRA

18-05-2013| Source:PTI

According to ratings agency ICRA, the low-cost current and savings account (CASA) deposit base and some regulatory relief in the gradual build-up of priority sector lending targets hold the key

Banks' deposits, loans up marginally: RBI

17-05-2013| Source:Reuters

As of May 3, deposits stood at Rs 68.84 trillion, while advances were at Rs 53.41 trillion.

Tax aspect of Bank Deposit and Corporate fixed deposit

16-05-2013| Source:Moneycontrol.com

FDs are becoming popular investment among investors in the current interest regime. However, the actual return earned on a fixed deposit can be less that what is stated due to tax aspect attached