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Bank Deposits

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Bank

A financial entity that accepts deposits from the public and then gives this money as loans and advances to those who require funds. The bank typically earns money from taking deposits at a lower cost and then lending the money at a higher rate.

Keywords

Bank Fixed Deposits

News On Bank
Buy Dena Bank, says Sudarshan Sukhani  

18-06-2013| Source:CNBC-TV18

Sudarshan Sukhani of s2analytics.com is of the view that one can buy Dena Bank and keep stops because the market can do anything.

Japan says G8 stance is sign of approval for 'Abenomics'

18-06-2013| Source:Reuters

the yen to benefit the country's exports."Abenomics" combines fiscal stimulus, expanded debt purchases by the Bank of Japan and economic reforms, but some argue the policy mix could worsen Japan's debt

RBI unlikely to cut interest rate at July meet: Kotak Sec

18-06-2013| Source:Moneycontrol.com

Moneycontrol BureauBrokerage house Kotak Securities feels the Reserve Bank of India is unlikely to cut interest rates at its July 30 policy review meet.In the June policy announced Monday, RBI kept

Nifty unlikely to cross 6000 in June series: Angel Broking  

18-06-2013| Source:Moneycontrol.com

.Q: From the banks, you have a trade on State Bank of India (SBI) today?A: We are taking cues from Bank Nifty also. Unlike Nifty where implied volatility has gone slightly up, IVs in Bank Nifty has come down

'Foreigner' planted skimming device in Colaba ATM

18-06-2013| Source:PTI

A total of 29 Axis Bank accounts, including 12 operated by Mumbai policemen, had been hacked in the last two months and Rs 13 lakh withdrawn through ATMs in euro currency in Greece.