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  • First Republic Bank rout; unable to shake depositor anxiety, shares plunge at opening bell

    Shares slumped 26%, following an even more severe tumble Tuesday, after it revealed that depositors withdrew more than $100 billion last month after the collapse of Silicon Valley Bank and Signature Bank.

  • How much will RBI’s new 50-bps rate hike pinch you as a borrower?

    The fresh hike in repo rate is likely to have a market-wide impact on borrowers as existing EMIs, as well as new loans, are set to become costlier. The rate hike has given momentum to rising FD interest rates.

  • India’s Cooperative Bank Mess Part-5: Life savings at stake, Pune’s Shivajirao Bhosale Sahakari Bank depositors question RBI, government

    The RBI first issued directions to the cooperative bank on May 3, 2019, freezing deposit withdrawals at Rs 1,000 per account holder

  • HDFC-HDFC Bank merger: What does it mean for depositors and borrowers?

    The merger could take up to 18 months to be completed and after that depositors will be offered HDFC Bank’s deposit rates

  • Rs 1 lakh insurance guarantee on bank deposits one of the lowest globally

    India fared well below developed economies as well as its BRICS peers

  • Reporter's Take | PMC Bank crisis: What all the depositors need to know

    However, the cap for withdrawal was increased to Rs 10,000 from Rs 1,000 on September 26.

  • Timing of FRDI Act inappropriate; needs to be discussed further: Banking experts

    Experts believe that the timing of the FRDI Act is inappropriate and there needs to be further discussion.

  • 60 lakh depositors put Rs 7 lakh cr in banks since Nov 8

    As many as 60 lakh individuals and firms have made large deposits totalling an astonishing Rs 7 lakh crore in old notes, top government officials said today while warning that every penny of tax will be extracted as the black money does not become white by merely putting it in banks.

  • 23 states, UTs have enacted laws to protect depositors: SFIO

    The Serious Fraud Investigation Office (SFIO) today told the Supreme Court that 23 states and Union territories have enacted special laws, the Protection of Interest of Depositors (in Financial Establishments) Act, to protect depositors and were empowered to take action against any scheme promising "abnormal return".

  • SBI hikes base rates by 20 bps to 10%

    State Bank of India's decision to raise base rates comes on the back of increased costs of funds, its chairperson Arundhati Bhattacharya tells CNBC-TV18 in an interview.

  • RBI alert: What to check before making deposits with NBFCs

    The Sarada chit fund scam in West Bengal resulted in the erosion of life savings of many, leading some to commit suicide. In view of this, RBI alerted depositors about certain cutomary safeguards. The central bank wants you to take note of some amber alerts...

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