Latest Updates Around The World
Mumbai: The share of time deposits with interest rates above 7% fell sharply to 54% in the quarter ended September from 73% at the end of March, data released by the Reserve Bank of India showed. This reflects the transmission of the policy rate on liabilities, as the banking regulator cut the repo rate and […]
File photo: A logo from Reserve Bank of India (RBI) can be seen in the head office in Mumbai, India, April 6, 2023. Reuters/Francis Mascarenhas/File Photo | Photocredit: Francis Mascarenhas The share of people in the total credit was in the first quarter (April-June) of FY26, even when the share of industrial credit fell marginal, […]
Higher interest rates in the long term deposits encouraged more people to invest in them. The growth of bank deposits in India delayed up to 10.6 percent on an annual basis in the financial year ending on March 2025 compared to 13 percent in the previous tax, according to new data released by the reserve […]
