The Government of India in consultation with the Reserve Bank of India (RBI) notified the amalgamation of United Bank of India with the Punjab National Bank (PNB) through a vide gazette notification ...

The value of insured bank deposits grew by a slower 14.7 percent to Sh857.8 billion as of December 2023 compared to the previous year, pointing to lesser protection of depositors. Data by the ...

1 lakh to Rs.2 lakh, Rs.19 is charged. For transactions going above Rs.2 lakh, Rs.30 is charged. United Bank of India also allows walk-in customers to enjoy the NEFT facility to send funds to other ...

Persad explained that in the past, when agents dealt directly with bank tellers, they would receive a stamped deposit slip after the teller counted the money in front of them, providing ...

Learn all about various types of certificates of deposit, how they work and how they potentially fit into your savings and investment planning. Browse Investopedia’s expert-written library to ...

For instance, senior citizen FD rates offered under SBI Wecare Deposit Scheme are 50 bps or 0.50% higher than the FD rates offered to SBI senior citizens. Furthermore, some banks and NBFCs also offer ...

The growth in deposits can be attributed to rising term deposit rates of scheduled commercial banks (SCBs). The slowdown in credit growth was due to a higher base effect because of the merger of HDFC ...

Read our advice disclaimer here. Term deposits are a popular and safe way for Australians to earn interest on a lump sum. Neo-bank, Judo, has joined a raft of challenger banks offering personal ...

Instead of waiting in line at the bank counter, users can quickly deposit cash at their own convenience. Time-saving: Cash deposit machines eliminate the need for filling out deposit slips or ...