Shares in State Bank of India , India's biggest lender, rose 1.8% after the bank slashed its deposit rates between 50-100 basis points across maturities, effective Friday.
Morgan Stanley, however, says SBI's move is more of a manifestation of a slowing economy with RBI data also showing loan...
Total Assets: $6.03 billion (1995)
Stock Exchanges: NASDAQ
SICs: 6712 Bank Holding Companies; 6021 National Commercial Banks
Deposit Guaranty continues to be very much a network of community banks providing...
marketing in europe
marketing in us
word of mouth
ICICI Bank Easy Deposit Card is a card linked to customers Fixed Deposit with ICICI Bank.
It boosts of some never before features making it the most powerful card in the industry.
• Only Indian card with the lowest ever interest rate of just 0.99% per month.
ICICI Bank's Recurring Deposits are the ideal way to invest small amounts of money every month and end up with a large saving on maturity. It aims to encourage savings without putting any stress on customers finances by making them to put a lump sum amount in fixed deposit in...
The Easy Fixed Deposit:
Easy Fixed Deposit is an ICICI Bank fixed deposit scheme having benefits of Debit -cum- ATM card.
The depositors shall be provided with a Debit Card for transacting in fixed deposit. Transactions which are allowed are
• Part withdrawal of fixed deposit
The Deposit Insurance Fund
In the wake of the mass failure of depository institutions, Congress passed the Banking Act of 1933, establishing the Federal Deposit Insurance Corporation (FDIC) and giving the federal government the power to insure deposits in qualified banks.
The creation of...
as we knw that companies spent hell lot of money in marketing research which require secondary data now with the use of internet they conduct online paid surveys in which they directly pay to the consumers so i have some websites links u can make money as i make for any further enquiry u can...
LONDON: Global rating agency Moody's has said the long-term debt and bank deposit ratings for ICICI Bank UK, the British subsidiary of top Indian private sector lender, have been revised to a notch lower to bring it in line with the baseline credit assessment of the parent company.
After nearly three quarters of generosity , banks are now facing pressure to reduce deposit rates. Most face a margin squeeze with the rise in interest expenditure outpacing the increase in interest income at the start of the third quarter of the financial year.
Union Bank, a Mumbai-based...
Safety of a bank deposit
The failure of a bank can lead to unimaginable crisis in the lives of individuals who have deposited their hard earned money. Fortunately, investors are protected to some extent against losses due to bank failures, by a deposit insurance scheme.
A large part of the...
MUMBAI: Union Bank of India on Monday lowered the interest rate on deposits by 0.50 per cent.
For deposits of a tenure of one year to less than three years, the public sector lender would offer interest at nine per cent instead of 9.50 per cent earlier.
The new rate will come into effect from...
Get your bank deposits insured & stay assured
Bank failures are rare, but not unknown. But what happens to the depositor’s money if by any sheer misfortune a bank does go under? The comforting part is that deposits are insured. An organisation by the name Deposit Insurance and Credit...