deposits

Bank deposit rates are poised for an increase as certificate of deposit (CD) rates surged in May due to tighter liquidity and higher demand for funds. One-year CD rates jumped to 7.70%, signaling that banks are facing pressure to attract deposits, which could soon translate to higher retail rates.

Overseas Indians withdrew nearly $2 billion more than they deposited in Indian bank accounts in March, driven by a fall in Non-Resident External Rupee Accounts and Non-Resident Ordinary accounts. This trend, linked to geopolitical uncertainty from the Iran war, saw total NRI deposits decline to $165.65 billion.

MSRDC Says They Were Not Compensated For Placing Large deposits In HDFC Bank

Tenants facing issues with security deposit refunds after vacating flats can find recourse. Landlords cannot arbitrarily withhold funds; deductions must be for genuine damages or unpaid dues. The Model Tenancy Act proposes limits on deposits. If disputes arise, tenants should document everything, send formal notices, and consider mediation before legal action.

Every crisis reminds us that markets can swing like a pendulum between greed and fear. Fixed income offers comfort in those phases and does its job as a stabiliser.

In the financial landscape of Bihar, a remarkable milestone was reached as the credit-deposit ratio soared past 60.21% in FY 2025-26, reflecting vigorous economic growth and a surge in citizen confidence. This impressive jump from 44.09% in 2018-19 particularly supports vital areas such as agriculture and MSMEs.

The bank’s stock has declined 9.5% since March 19, when Atanu Chakraborty unexpectedly resigned as part-time chairman, triggering fresh concerns over governance standards at the lender.