RBI recently cut down repo rate by 50 basis points, so there is an expectation that banks would bring down the interest rates ...

With the RBI reducing the repo rate by 25 bps in the recent MPC meet, some banks may consider reducing their deposits rates, ...

A key point of contention was the society’s claim for deduction under Section 80P(2)(a)(i) of the Income Tax Act, 1961, for interest income received from various banks, including nationalized banks.

NATIONWIDE will make a number of changes to its key accounts in a matter of months. On Friday, the bank told customers it has plans to make some changes for its current account and FlexDirect ...