Diabytes
Indian Bank News
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Indian Bank customer will not have to pay penalty on going below minimum balance across all Savings Bank accounts effective 7 July 2025.
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Many banks in India are offering special fixed deposit (FD) schemes with higher interest rates than regular FDs. These schemes provide up to 8.05 per cent interest for super senior citizens and are a great option for those looking for secure investments. However, these offers are valid only until March 31, 2025.
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Banks had earlier introduced the scheme for a select period to provide senior citizens and regular customers with a chance to get better returns on their investments.
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The bank's gross advances increased by 12 per cent to Rs 5.40 lakh crore in the April-June quarter compared to Rs 4.8 lakh crore in the same quarter last year.
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The current deadline to invest in SBI Amrit Kalash (400 Days) FD Scheme, IDBI Utsav FD Scheme and Indian Bank's IND SUPER 400 Days Scheme is December 31.
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The recent interest rate hikes by the Reserve Bank of India might have taken your EMI burdens higher, but on the bright side, the FD rates have also improved. Several banks have passed on the benefits of better FD returns to customers after the spate of key interest rate hikes by the central bank.
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SBI, HDFC Bank, Indian Bank, IDBI bank and Punjab & Sind Bank had announced special FD scheme or limited period FD Schemes for its customers which are all ending on 31 March 2023.
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Indian Bank on Monday increased lending rates.
The new rates are effective from January 3.
The base rate has been revised upward by 25 basis points to 9.10 percent.
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Indian Bank has hiked its Fixed Deposit rates by up to 90 bps for deposits below Rs 2 crore
The FD rates for deposits above Rs 2 crore have been hiked by up to 85 bps
The new rates came into effect from today
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Indian Bank's Utsav Fixed Deposit scheme is for 610 days
The FD scheme offers an interest rate of 6.10 per cent
Senior citizens can earn a better interest on this FD
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The suspected fraud allegedly occurred between May 13 and May 19.
Shankar said that he lost the money to online scammers who tricked him into using a dating app.
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Group 1, Group 2, Group 3, Group 4, Group 5, Group 6, and Group 7 candidates will be hired as Senior Managers, Managers, Assistant Managers, and Chief Managers.
Assistant Manager positions are open to freshers.
Sr Manager, Manager, and Chief Manager positions are open to experienced individuals.
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Scroll down for your news capsule for October 31 morning.
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These non-performing accounts have been declared as fraud.
The bank has declared M P Border Checkpost Development Co Ltd as fraud with an outstanding of Rs 166.89 crore.
The frauds have been categorised as diversion of funds in all the three cases.
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Out of the nine arrested accused, eight were produced before a Special Judge for CBI cases, Chennai and remanded to judicial custody
The remaining one accused arrested from Tirunelveli was taken on transit remand from the Competent Court
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The MICR code and cheque books of the erstwhile Allahabad Bank will be discontinued from 01.10.2021.
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The Institute of Banking Personnel Selection (IBPS) has released notification for the recruitment of clerks at nationalized banks such as Central Bank of India, Indian Bank, Indian Overseas Bank, etc.
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Allahabad Bank, one of the oldest public sector banks in the country, was merged with the Indian Bank on February 15.
After Allahabad Bank's merger with the Indian Bank, new rules have come into force from Monday.
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New rules have come into force from today (February 15).
Customers will have to use the new IFSC code for money transfer.
Allahabad Bank's checkbook and ATMs will continue to work for the next 6 months.
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