Deposits have grown faster than the system and loans. Cost Management: Costs remain under tight control. Asset Quality: Asset quality remains pristine. HDFC Bank Ltd (NYSE:HDB) has successfully ...

Private sector banks such as HDFC Bank and Yes Bank have kicked off the deposit rate cut cycle. These Banks reduced their TD (or fixed deposit/FD) rates by 35-40 basis points (bps) and 25 bps ...

THE Secrecy of Bank Deposits Act (Republic Act 1405), often referred to as the Bank Secrecy Act, protects the confidentiality of bank deposit information, ensuring that individuals and businesses can ...

The Bangladesh Bank (BB) has drafted a Deposit Protection Ordinance, proposing a maximum payout of Tk 2 lakh per depositor if a bank undergoes liquidation. The limit will be reviewed every three ...

MANILA, Philippines – Starting today, more bank savings are going to be protected under the expanded insurance coverage for deposits. The Philippine Deposit Insurance Corp. (PDIC)—which is ...

Despite these fluctuations, those holding deposits in IndusInd Bank can take solace in knowing that their funds are insured by the Deposit Insurance and Credit Guarantee Corporation (DICGC).

Bank fixed deposits (FDs) are considered a safe investment option because they offer capital appreciation, guaranteed returns, and regulatory protection from the Reserve Bank of India (RBI).

The National Savings Certificate (NSC) and bank tax-saving Fixed Deposits (FDs) are popular investment options offering guaranteed returns and tax benefits under Section 80C. NSC provides an ...

MANILA, Philippines — The Philippine Deposit Insurance Corp. (PDIC) will double the protection for bank deposits, marking the first adjustment in 16 years to account for inflation and attract ...

BOCA RATON, Fla., Jan. 06, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (“the Company”) (NASDAQ: NEWT) announced today the following deposit metrics of Newtek Bank, N ...

The Managing Director/Chief Executive Officer of Nigeria Deposit Insurance Corporation, Bello Hassan, has reassured customers of the failed Heritage Bank that their funds in the bank are safe.

For the 1 year tenure, the top 5 bank FDs are from: IndusInd Bank (7.75% interest compounded quarterly, Rs 10,000 would grow to Rs 10,798), RBL Bank (7.5% interest compounded quarterly, Rs 10,000 ...