Medicines for dogs from Elanco (above) and Bayer (below) are available in an animal shelter on the treatment table of a veterinarian.Frank Rumpenhorst | picture alliance | Getty ImagesCompany: Elanco Animal Health Inc. (ELAN)Business: Elanco is an…
RBI puts Rs 1,000 withdrawal cap on Deccan…
The Reserve Bank on Friday said it has barred Karnataka-based Deccan Urban Co-operative Bank Ltd from granting fresh loans or accepting deposits and customers cannot withdraw more than Rs 1,000 from their savings account for…
Bank credit grows by 6.36%, deposits by 11.41%
Mumbai: Bank credit grew 6.36 per cent to Rs 106.41 lakh crore, while deposits increased by 11.41 per cent to Rs 146.25 lakh crore in the fortnight ended January 15, RBI data showed. In the…
Deposits of public sector banks surge amid pandemic…
Kolkata: Deposits for public sector banks (PSBs) grew at a higher pace than usual despite their lower deposit rates and amid stress on a few private banks. Term deposit mobilisation of public sector banks quadrupled…
JPMorgan Chase takes on Square and PayPal with…
JPMorgan Chase is making a play to sell more services to millions of American small business owners, pushing into an area pioneered by fintech firms including Square, PayPal and First Data, CNBC has learned.The bank…
HDFC Bank jumps 4% as advances rise 21%,…
NEW DELHI: Shares of HDFC Bank climbed 4 per cent in Monday's trade after the private bank said its advances jumped 21 per cent to Rs 10,04,500 crore as of June 30 compared with Rs…
HDFC Bank’s deposits rise 25% to Rs 11,89,500…
Mumbai: Top private lender HDFC Bank on Saturday said its advances grew 21 per cent at the end of June, from a year ago, while deposits rose 25 per cent. In an exchange filing, the…
Bank credit grows 6.24 percent, deposits rise 11.28…
MUMBAI: Bank credit and deposits grew 6.24 per cent and 11.28 per cent to Rs 102.54 lakh crore and Rs 139.55 lakh crore, respectively, in the fortnight ended June 5, according to the latest data…
PNB lowers rates on savings account deposits by…
Following industry peers, Punjab National Bank (PNB) on Wednesday announced to lower interest rate on savings account deposits by 0.50 percentage point, effective July 1. For deposits up to Rs 50 lakh, the new interest…