News

Demand Deposit Accounts vs. Time Deposit Accounts. While demand deposit accounts let you withdraw money at any time, time deposit accounts require a maturity period before you can withdraw funds.
A social media post about a Bengaluru landlord demanding a ₹23 lakh security deposit for a 4BHK rental flat ignited ...
Demand deposit account vs. direct debit authorization Note that direct debit authorization, also commonly abbreviated as “DDA,” is a separate concept from demand deposit accounts.
This comes around three weeks after Caleb Friesen called it 'bonkers' after coming across a property listing in Bengaluru ...
Financial services company Comerica (NYSE:CMA) reported in Q2 CY2025, with sales up 3% year on year to $849 million. Its GAAP profit of $1.42 per share was 13.3% above analysts’ consensus estimates.
Several U.S. mid-sized and regional banks reported a fall in their second-quarter profit, as income from charging customers interest was squeezed by higher deposit costs and tepid demand for loans.
As explained in the preamble to the final rule, this notice requirement is intended primarily to apply when IDIs begin paying interest on demand deposit accounts (DDAs), permitted beginning July 21, ...
Deposit rates climbed in the second half of 2023 as Ankara implemented a policy U-turn towards greater orthodoxy, hiking rates sharply. It has also started to wind down the so-called KKM scheme ...