http://www.rupeetimes.com/news_advice/fixed_deposits Fixed Deposits News & Advice from rupeetimes.com (C) 2007 rupeetimes.com Thu, 09 Feb 2012 12:33:11 +0530 The Foreign Currency Non-Resident (Bank) deposit rates have been revised by Vijaya Bank. The revisions have been made across various maturity periods and for various currencies.The deposit rates for a maturity period of one year to less than two years is now 3.14% for Pounds, 2.35% for Dollars, 2.98... http://www.rupeetimes.com/news/fixed_deposits/fcnr_b_deposit_rates_revised_by_vijaya_bank_6248.html 12345678906248 Wed, 08 Feb 2012 12:36:31 +0530 In a bid to locate the customers whose deposits are lying unclaimed at the banks, RBI has issued several instructions for the lenders. The banks have been asked to put the details of such accounts on their websites. The list would contain only the name and address of such account holders. In a circ... http://www.rupeetimes.com/news/fixed_deposits/rbi_instruct_banks_to_display_details_of_unclaimed_deposits_on_their_websites_6242.html 12345678906242 Wed, 08 Feb 2012 11:24:28 +0530 Rapidly growing private sector lender, YES Bank has entered in to an agreement with Buldana Urban Cooperative Credit Society. The consortium will extend door step para-banking services to the customers. The facility which is known as Nano Teller enables a customer to deposit or withdraw amount upto... http://www.rupeetimes.com/news/fixed_deposits/doorstep_banking_facility_launched_by_yes_bank_6239.html 12345678906239 Tue, 07 Feb 2012 11:50:19 +0530 Manappuram Finance or Manappuram Agro Farms can no longer accept deposits. The Reserve Bank of India has banned the companies from accepting deposits as they have violated rules.In a statement RBI said, "The Reserve Bank has stated that acceptance of deposits either by Manappuram Finance or by Manap... http://www.rupeetimes.com/news/fixed_deposits/manappuram_finance_and_manappuram_agro_farms_banned_from_accepting_deposits_by_rbi_6234.html 12345678906234 Tue, 07 Feb 2012 11:47:33 +0530 The All-India Bank officers' confederation and All-India State Bank officers' federation have put forward a demand to reduce the working days during a week to 5 at the banks. Concerns have also been raised on the long working hours for the bank officers, as the working hours are not defined. The Gen... http://www.rupeetimes.com/news/fixed_deposits/demand_put_forward_to_reduce_working_days_in_banking_industry_6233.html 12345678906233 Mon, 06 Feb 2012 12:34:00 +0530 The budget-2012 may bring good news for the people who prefer to invest under fixed deposit schemes. The government is considering making investment under fixed deposit scheme a lucrative option.At present, interest earned with fixed deposits comes under taxable income. The banks want to lower the d... http://www.rupeetimes.com/news/fixed_deposits/tax_relief_may_follow_for_fixed_deposit_investors_in_this_budget_6228.html 12345678906228 Fri, 03 Feb 2012 12:15:08 +0530 Second largest private sector lender in the country, HDFC Bank has announced hike in fixed deposit rates. In a surprising move from the bank the deposit rates have been increased by 50-100 basis points across various maturity periods.An analyst at domestic brokerage firm, IIFL, Mr. Rajiv Mehta said,... http://www.rupeetimes.com/news/fixed_deposits/hdfc_bank_hikes_deposit_rates_6221.html 12345678906221 Fri, 03 Feb 2012 11:03:47 +0530 Leading public sector lender, Indian Bank has revised the Foreign Currency Non-Resident (Banks) term deposits (FCNR) (B). The revision has made in Dollars across various maturity periods.The deposit rate for tenure of one year and more but less than 2 years has been revised from existing 2.38% to 2.... http://www.rupeetimes.com/news/fixed_deposits/fcnr_b_rates_revised_by_indian_bank_6218.html 12345678906218 Fri, 27 Jan 2012 12:14:48 +0530 The lenders are working hard to make the ordinary looking savings account attractive. The banks are exploring the possibilities of introducing insurance services with the savings accounts as well as fixed deposits.The deregulation of saving account interest rate has heated up the environment. Severa... http://www.rupeetimes.com/news/fixed_deposits/savings_accounts_to_have_some_addon_features_6192.html 12345678906192 Wed, 25 Jan 2012 15:28:34 +0530 The speculations about the outcome of the monetary policy review have come to an end. The Reserve Bank of India reduced the CRR by 50 basis points but kept the repo and reverse repo rate on hold.The reduction in CRR is expected to assuage the liquidity in the system as well as mid term inflation. T... http://www.rupeetimes.com/news/fixed_deposits/inflation_needs_to_be_reined_before_lowering_policy_rates_6186.html 12345678906186