The interest rate on fresh deposits and renewals stand revised to 5.50% per annum as against 5.75% earlier, for deposits with a tenure of 12 months
Its total income during April-June 2021 rose 11% to Rs 1,538 crore, compared with Rs 1,410 crore in the year-ago period
The bill also seeks to amend Section 15 of the DICGC Act to enable the Corporation to increase the ceiling on the amount of premium
Bank of India's NPAs fell marginally to 13.51% of the gross advances at the end of June this year from 13.91% in the same period a year ago
IndusInd Bank can now be authorised to handle transactions pertaining to revenue receipts under CBDT, CCBIC and GST on behalf of state/central govt
3% of NeoGrowth's customers explored alternate business opportunities in areas that were booming during the pandemic.
Aadhaar PAN Linking News: The government has extended the deadline to link PAN with the Aadhaar card till September 30, 2021
The logical question then is why is there an insurance of deposits up to Rs 5 lakhs if all the savings are safe?
Margin money is a small part of the loan that should be paid by the borrower. This differs as per the lender, course, and loan amount
The total income of the bank during Q1FY22 rose to Rs 2,039.61 crore from Rs 1,954.39 crore in Q1FY21