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SFBs look to grab bulk deposits pie; offer higher interest rates at 8-8.5% Kolkata: Small Financing Banks are now offering 8 - 8.5 per cent interest rates on bulk deposits, 1 - 1.5 per cent higher than that of public banks....

Business Standard July 13, 2018

IMPS fund transfer doubles to Rs 3.23 lakh cr in FY'19 Q1 New Delhi: Fund transfer through Immediate Payment Service (IMPS) doubled year-on -year to Rs 3.23 trillion (US$ 47.05 billion) between April-June 2018....

PTI July 09, 2018

NABARD plans to disburse Rs 10,000 cr to Punjab Chandigarh: National Bank for Agriculture and Rural Development (NABARD) plans to disburse Rs 10,000 crore (US$ 1.45 billion) as financial assistance to Punjab for 2018-19....

PTI July 06, 2018

Bank credit grows at 12.84%, deposits at 7.59% Mumbai: Bank credit grew by 12.48 per cent to Rs 86.16 trillion (US$ 1,250.95 billion) and deposits grew by 7.59 per cent to Rs 113.54 trillion (US$ 1,648.48 billion) in the fortnight ended on 22 June 2018....

PTI July 06, 2018

HDFC Bank most valuable bank in the emerging market outside China Mumbai: HDFC bank becomes the most valuable bank in the emerging market outside China with current market capitalisation of US$ 78.4 billion....

Business Standard July 06, 2018
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