Deposit Rates

News across the web »
Interact & exchange stock tips & market info »

jai sharemaster

Platinum Member

296 Followers

Related News »
 With inflation expected to ease going forward, banks may lower deposit rates, broking firm Angel has said a report. "With inflation levels expected to ease going ahead, financial savings are expected to strengthen leading to higher deposit accretion ...
May 27, 2012 at 06:07 | Source: Deccan Herald
Certificates of deposit, commonly known as CDs, were considered a goldmine by our parents and grandparents for the alluring CD rates once offered. Since their time, however, interest rates on CDs and other deposit accounts have caused the hype ...
May 25, 2012 at 23:56 | Source: YAHOO!
PENSIONERS and retirees living off bank interest payments can expect further cuts to deposit rates over the next year as banks try to offset funding cost pressures to maintain margins in a sluggish business environment. Analysts from Deutsche Bank say ...
May 15, 2012 at 13:52 | Source: The Age
State-owned Oriental Bank of Commerce today announced an increase of 50 basis points in its benchmark lending rate and up to 100-basis point hike in fixed deposit rates. The benchmark prime lending rate (BPLR) has been increased from 12 per cent to 12.50 ...
May 20, 2012 at 17:14 | Source: Deccan Herald
Earlier, the RBI had said banks cannot impose penalty on customers by reducing interest rates due on the term deposit provided the individual reinvests the money in another scheme which is longer than the remaining period of the original deposit.
May 28, 2012 at 13:30 | Source: Reuters India
HCM CITY — Deposit interest rates offered by commercial banks are likely to come down to between 9 and 10 per cent per annum by the year end, says Nguyen Van Binh, governor of the State Bank of Viet Nam. Binh was quoted by Sai Gon Giai Phong (Liberated ...
May 22, 2012 at 02:38 | Source: Viet Name News
The result: Net loans equaled just 70% of total deposits in the first quarter, according to the Federal Deposit Insurance Corp.'s quarterly banking profile released Thursday. That is the lowest level since 1984. With interest rates at rock ...
May 25, 2012 at 01:23 | Source: Wall Street Journal
HEAVY investment by banks in risk-free government securities has widened the gap between the rates of growth in deposits and advances. As a result, advances to deposit ratio has shrunk despite a surge in bank lending for the private sector.
May 21, 2012 at 02:47 | Source: DAWN Group
FRANKFURT -(Dow Jones)- Banks' use of the European Central Bank's overnight deposit facility fell slightly Monday ... Calls for further ECB intervention in the form of lower interest rates, additional liquidity measures or further ECB government ...
May 22, 2012 at 07:46 | Source: NASDAQ
The FSS said that it will strive to monitor and control loan deposit rates in the future but added every effort will be made to ensure funds can reach small and medium enterprises.
May 26, 2012 at 04:57 | Source: SteelGuru