For 12 months tenure, public sector banks are offering interest rate between 4.8% and 5.2%. The nation's largest lender SBI offers a rate of only 4.4
With the 'Cardless Cash Withdrawal' facility, customers can now obtain cash from the nearest HDFC Bank ATM without a debit card
Historically, large IPOs result in temporary upheavals and liquidity challenges in the market
Two public sector banks and five private lenders are in the market. Others may follow suit soon
Wall Street stocks tumbled on July 19, with Dow Jones losing more than 850 points
As of March 2021, retail loans were about 29% of the total outstanding across the banks
HDFC Bank has exhibited a slight deterioration in the asset quality with the higher fresh slippages of loans in the quarter ended June 2021
SBI, HDFC Bank, Bank of Baroda & ICICI Bank had recently extended deadline of the senior citizens special fixed deposit schemes by another 3 months
Provision and contingencies for the quarter ended June 30 came at Rs 4830.80 crore as against Rs 3891.50 crore for the corresponding quarter last year
The insurance cover of any type of deposit provided by Deposit Insurance and Credit Guarantee Corporation is up to Rs 5 lakh