SBI report dismisses bank deposit concerns as a 'Statistical Myth'

Aug 19, 2024

As Finance Minister Nirmala Sitharaman hold a review meeting with heads of Public Sector Banks and Regional Rural Banks on Monday, the State Bank...

FCNR cash inflows won't cause abnormal lending, liquidity deployment to take 3–4 months: SBI Chairman

Sep 10, 2026

State Bank of India Chairman CS Setty dismissed concerns that massive Foreign Currency Non-Resident (Bank) deposit inflows could trigger reckless credit expansion, stating the...

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...

SBI expects deposit growth uptake in Q2 driven by FCNR(B), says Chairman CS Setty

Aug 07, 2026

State Bank of India Chairman, Challa Sreenivasulu Setty, said that the bank expects its deposit growth to record an uptake in the second quarter...

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...

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...