Retail Banking
Latest news, explainers and analysis on Retail Banking. Tracking 6 stories on Arth Vani.
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Latest on Retail Banking
Indian Depositors Opt for Longer Fixed Deposit Tenures
A recent trend indicates that Indian depositors are increasingly choosing longer-term Fixed Deposits to secure their capital. This move suggests a preference for stability and potentially locking in current interest rates for an extended period.
BreakingDCB Bank Aims to Cross 500 Branches This Year, Eyes SME and Affordable Housing Growth
DCB Bank plans to significantly expand its footprint across India, aiming to surpass 500 physical branches by the end of this year. This growth strategy, confirmed by the bank's CFO, is primarily driven by a focus on boosting its small and medium-sized enterprise (SME) and affordable housing loan portfolios.
BreakingHSBC to Fuel India Wealth & Retail Banking Growth with FCNR Deposits
HSBC is set to significantly expand its wealth management and retail banking operations in India. This growth initiative will be powered by a substantial increase in Foreign Currency Non-Resident (FCNR) deposits, signalling HSBC's intensified focus on India's affluent customer segment and its growing financial market.
HSBC to Power India Wealth & Retail Banking Expansion with FCNR Deposits
HSBC is reportedly planning to strengthen its wealth and retail banking operations in India, a move expected to be funded by an influx of Foreign Currency Non-Resident (FCNR) deposits. This strategic focus signals the bank's intent to deepen its engagement with the Indian consumer market.
BreakingAllahabad HC Orders SBI to Immediately Refund ₹19.90 Lakh to Widow for Debited FD
The Allahabad High Court has directed the State Bank of India (SBI) to promptly refund ₹19.90 lakh that was debited from a widow's Fixed Deposit (FD). This ruling underscores the judiciary's role in protecting customer funds and holding banks accountable for unauthorised transactions.
Bank of Baroda's 555-Day FD: What You Need to Know to Maximize Your Earnings
Bank of Baroda (BoB) offers a special 555-day fixed deposit, a popular choice among savers for its fixed tenure and potential for competitive returns. While specific interest rates for this product are dynamic and must be verified directly with the bank, understanding its features can help retail investors plan their savings effectively.
Interest rates, fees and eligibility for banking products are set by the respective banks and change frequently — verify the current terms with the provider before applying. Some listings may be sponsored. Not financial advice.