The reason why private banks will play the deposit pricing game strategically is the weakening of banks' deposits base given the competition from MFs and insurance companies due to tax-savings schemes.
Despite a shaky Q3, conviction over the stock remained high, with 65 per cent of the analysts polled on Bloomberg retaining their 'buy' recommendation.
A balance transfer to another lender entails substantial cost and time.
Paying for facilities like issuance of demand drafts, cheque books, credit or debit cards and ATM interchange may soon become passe as public sector lender IDBI Bank on Wednesday waived-off all service charges on current and savings accounts (CASA), the first by any bank.
Para-athlete Anandan Gunasekaran clinched his third gold and javelin thrower Shivpal Singh added another for the country as India continued their fine showing at the ongoing 7th CISM World Military Games, in Wuhan, China, on Thursday.
Analysts say loan growth, Casa ratio and exposure to sectors under pressure did not indicate any stress at United Bank.
Dance parties, fireworks and high-fiving strangers were some of the scenes that America witnessed after media organisations declared that former United States Vice President Joe Biden beat President Donald Trump.
A large part of the accretion to fixed deposits till March 16, 2007 was on account of a flight of funds from the low-cost CASA.
The actor graced the March 2018 cover of Man's World.
During the ancient Olympic Games, athletes who emerged victorious were awarded 'Kotinos' or olive wreaths
We present images from around the world of giant holes caused by heavy rains, earthquakes and mining.
We go down to the sets of the star's new film, Jackpot, in Goa and find out.
The Barcelona legend showed his support following the end of the World Health Worker Week, which concluded on Saturday.
The festival of San Fermin, or the Pamplona bull running as it is more commonly known outside Spain officially begins at midday on July 6 every year with the 'chupinazo', which takes place on the balcony of the Casa Consistorial in Pamplona.
The festival of San Fermin, or the Pamplona bull running as it is more commonly known outside Spain officially begins at midday on July 6 every year with the 'chupinazo', which takes place on the balcony of the Casa Consistorial in Pamplona.
Bank credit growth declined to 8.5 per cent in January from 13.5 per cent in the year-ago period.
Higher returns, more liquidity draw individual investors to savings accounts.
Why are investors gung-ho about State Bank? asks Tamal Bandyopadhyay.
Despite the massive outbreak of the Zika virus in Brazil, the country's annual carnival roared ahead with ravellers jumping, dancing and singing on the streets of Rio de Janeiro, Sao Paulo and other cities. Here are some vibrant scenes from the event.
In January 2017, the growth in total premium was Rs 13,138 crore, against Rs 10,284 crore in January 2016, a growth of 28 per cent.
'We commission more from here than anywhere else.'
Venezuela President Hugo Chavez's government has literally opened its doors to the homeless -- and scores of them have taken residence in the architecturally prized 'Casa Amarilla', a former presidential home and now Foreign Ministry headquarters.
Mohammad Rafi's first-half strike saved India the blushes as they eked out a narrow 1-0 win over Portuguese football club Real Massama in their second practice match in Lisbon.
Freebies do not seem to have attracted many buyers, as both property prices and lending rates continue to remain high.
The foreign lender's profit after tax was Rs 2,960 crore
The coming years could be exciting for Bandhan Bank, IDBI Bank, IDFC First Bank, Federal Bank, and CSB Bank.
We are clearly focused on increasing our loan book in segments such as auto loans, home loans, commercial vehicles finance and corporate loans, says Chanda Kochhar.
Maradona was a uniquely gifted player who rose from the tough streets of Buenos Aires to reach the pinnacle of his sport.
The banking sector and particularly the banks in India, is probably the one industry that has not only managed to survive the economic slowdown but even thrive during these hard times. But how? Increased CASA deposits!
Italy coach Antonio Conte summoned help from astronaut Luca Parmitano to inspire his players ahead of Friday's Euro 2016 game against Sweden in Toulouse.
With a balance sheet size of Rs 22,000 crore (Rs 220 billion), we are a meaningful player in our home country, says Rana Kapoor.
Here are some of the best photos of Mother Teresa's illustrious life.
DDinesh Kumar Khara is someone who cares for others's ideas and suggestions.
If he takes the people along with him (which he always does); cares for the customers (80 per cent of SBI's new customers are in the 20-40 age group); and doesn't take his eyes off technology, his job is done, says Tamal Bandyopadhyay.
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Most infra projects have hit a road block due to high cost of funds.
Spaniard Albert Casas' lone goal gave Chennai Veerans a 1-0 victory in the Premier Hocckey League.
Sources close to the development said CSN's attempt to take over Corus might be hurt by Brazilian miner Companhia Vale do Rio Doce's plan to challenge CSN's capacity to supply iron ore to Corus.
From sussing out exclusive addresses to doing up the interiors - Casa Forma is a one-stop property services outfit for the uber rich
Services striker Suresh Kumar dished out scintillating performance as Chennai Veerans upset Bangalore Lions in the Premier Hockey League.
Ask athletes what goes into Olympic gold medals, and they will likely say sweat and years of training. For Brazil's National Mint the answer is simpler: recycled silver.
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