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savings account news

ICICI Bank raises minimum balance for savings accounts from 10,000 to 50,000

As per the bank, customers who fail to maintain the required minimum monthly average balance will be charged a penalty of 6 per cent of the shortfall or 500, whichever is lower.
Updated on Aug 09, 2025 11:59 pm IST

HDFC Bank shares up nearly 4% after savings rate cut

The way a rate cut would help this is it could force more depositors to move towards higher yielding term and recurring deposits.
Published on Apr 15, 2025 02:45 pm IST

Top 5 Bank Savings Account Interest Rate with No Hidden Charges

Top 5 Bank Savings Account Interest Rate with No Hidden Charges
Published on Apr 18, 2024 07:33 pm IST

Post Office Savings Account: All you need to know

Representative Image
Published on Jul 25, 2022 02:36 pm IST

Health Savings Accounts for India - Another string in the bow?

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Health Savings Account (HAS) could be used for low impact-high frequency needs (medication for chronic conditions).
Published on May 11, 2024 12:44 pm IST

Covid-19 reaches Himachal’s Hikkim village, home to world’s highest post office

The Himachal Pradesh government has sent a health team to conduct random sampling in the three sparsely populated villages of Hikkim (in pic), Langza and Comic in the mountains of Spiti.
Updated on Dec 15, 2020 12:59 pm IST

Post office savings account holders must maintain Rs 500 balance

Savings account holders will have to maintain the minimum balance of Rs 500. (Photo: India Post)
Updated on Dec 11, 2020 02:02 pm IST

Make your child money-responsible

Set saving goals for your children. Reward them when they save money by chipping in an equal amount.
Updated on Jan 29, 2021 09:00 pm IST

As interest rates fall, safeguard your savings with Bajaj Finance FD

For investors across all income groups, capital preservation has become the top priority during these uncertain times.
Updated on Apr 22, 2020 03:01 pm IST

SBI drops interest rate with minimum balance requirement

Currently, SBI customers need to maintain AMB of Rs 3,000, Rs 2,000 and Rs 1,000 in metro, semi urban and rural areas, respectively.
Updated on Mar 11, 2020 08:26 pm IST

Here’s how Systematic Deposit Plan works

With SDP, you can invest as little as Rs. 5,000 per month.
Updated on Jan 18, 2020 08:56 am IST

Gurugram resident loses 65,000 from savings account

An unidentified person was booked by the cybercrime police on Friday night for allegedly duping a city-based executive of a private company of 65,000. (Representative Image)
Updated on Oct 27, 2019 04:45 am IST

50 people allege 1.5 crore embezzled from their Varanasi post office accounts

Over 50 people complained on Thursday that funds were embezzled from their savings accounts at the Varanasi head post office.
Updated on Aug 30, 2019 08:18 am IST

MP police to probe Rs110-cr deposits in banks after note ban

The Madhya Pradesh police department’s special task force has begun a probe into deposits of about Rs110 crore made into savings accounts in the state’s cooperative banks after demonetisation.
Published on Aug 06, 2019 01:29 am IST

MP asks police to probe post-demonetisation deposits in cooperative banks

An official of the state’s cooperative department said income-tax officials had already inquired into the matter and didn’t find anything amiss.
Updated on Aug 01, 2019 06:26 pm IST

5 tips to increase your credit card limit

If you are prudent with finances, an enhanced credit limit gives you a greater degree of flexibility and security.
Updated on Jul 19, 2019 11:15 am IST

Too many accounts can eat into your savings

A cashier displays the new 2000 rupee banknotes inside a bank.
Updated on Mar 26, 2019 08:55 am IST

SBI links repo rate to savings account, loans

In a first, State Bank of India (SBI), the country’s largest lender, has linked savings account deposit and short-term loans to an external benchmark rate—repo rate.
Updated on Mar 11, 2019 08:14 am IST

PM Narendra Modi to launch PM-KISAN in Gorakhpur on February 24

PM Narendra Modi to launch PM-KISAN in Gorakhpur on February 24.
Published on Feb 22, 2019 02:19 pm IST