Central Bank of India has acquired an equity stake of 24.91 per cent in Future Generali India Insurance Company Limited (FGIICL). With this acquisition, the Bank is venturing into the insurance ...

Central Bank of India acquires equity stake of 24.91% of Future Generali India Insurance Company Limited, the bank informed in an exchange filing on Thursday, June 5, 2025.

The growth of bank deposits in India slowed down to 10.6 per cent year-on-year in the financial year ended March 2025 as compared to 13 per cent in the previous fiscal, according to new data ...

Deposits in nearly 98 per cent of 2.89 billion accounts in insured banks were fully protected by the Rs 5 lakh insurance cap as of March 31, 2024, according to DICGC data.

The growth of bank deposits in India slowed down to 10.6 per cent year-on-year in the financial year ended March 2025 as compared to 13 per cent in the previous fiscal, according to new data ...

The scheme offers an interest rate of 7.15% per annum for general citizens, 7.65% for senior citizens, and 7.75% for super senior citizens for callable deposits. bob Square Drive Deposit Scheme w ...

HDFC Bank started accepting deposits under the Senior Citizens’ Savings Scheme (SCSS), a government-backed savings plan designed for senior citizens. This move enables the bank to function as an ...

Industry experts argue that the Federal Deposit Insurance Corp.'s recent brokered deposit proposal, which would expand the classification of brokered deposits and reverse key elements of a 2020 rule, ...

South Africa's central bank and government launched a deposit insurance fund on Thursday that will protect individual customer cash deposits up to 100,000 rand ($5,267) from any bank failure.

The project will investigate the integration of tokenized commercial bank deposits with central bank money using smart contracts and programmability, the Bank for International Settlements said ...

Towne's results lend credence to that thesis. Insurance revenues have climbed at a 12.7% combined annual growth rate since 2012, and totaled $28.8 million for the quarter ending Sept. 30, up 23% year ...