Airtel Payments Bank partners with IndusInd Bank to offer FD facility

Apr 26, 2022

Mumbai (Maharashtra) [India], April 26 : Airtel Payments Bank said on Tuesday it has partnered with IndusInd Bank to offer fixed deposit (FD) facilities...

RBI penalizes L&T Finance with Rs 2.5 crore fine for non-compliance

Oct 21, 2023

According to a press release issued by RBI, this action follows non-compliance with specific provisions of the Non-Banking Financial Company - Systemically Important Non-Deposit...

Delhi HC restores Central Bank of India's complaint after imposing cost of Rs 25,000, to be deposited in PM Cares Fund

Oct 26, 2022

After imposing a cost of Rs 25,000, the Delhi High Court restored complaint filed by the central bank and asked the bank to deposit...

RBI caps deposit withdrawal from ailing National Co-operative Bank at Rs 50,000

Jul 25, 2023

The Reserve Bank of India (RBI) has imposed certain restrictions on Bengaluru-based ailing The National Co-operative Bank Ltd and capped deposit withdrawal at Rs...

Even with potential cut in repo rate, bank deposit rates unlikely to be lowered: Report

Oct 16, 2024

A research report highlighted that even if the Reserve Bank of India (RBI) announces a rate cut, deposit costs in the banking system are...

Deposit growth of banks will pick up from coming quarters: Axis Securities

Aug 20, 2024

The credit growth in the Indian banks will continue to be more than the deposit growth, a report by the 'Axis Securities' has said...