Banks are once again struggling with slowing deposit as well as credit growth rates. Data shows that the deposit growth shrank by a year-on-year 240 bps to 10.6 per cent in FY25. Going forward, more ...

If a bank is runnable, and stablecoins reserves can be bank deposits, stablecoins are runnable — and the stablecoin could be the cause of the run, if enough coin holders want to redeem their ...

Direct deposit gives you quick, automatic access to funds from a payment, like a paycheck or a Social Security check, that's transferred electronically from a payer's account to your bank account.

Moody’s said the bank’s funding profile is anchored in a low-cost, largely retail deposit base. Customer deposits make up 88 per cent of total funding , with no reliance on central bank funding.

The Bangladesh Bank (BB) has drafted a Deposit Protection Ordinance, proposing a maximum payout of Tk 2 lakh per depositor if a bank undergoes liquidation. The limit will be reviewed every three ...

MANILA, Philippines - Starting today, more bank savings are going to be protected under the expanded insurance coverage for deposits. The Philippine Deposit Insurance Corp. (PDIC)—which is ...

MANILA, Philippines — The Philippine Deposit Insurance Corporation (PDIC) announced an expanded insurance coverage for bank deposits, doubling again the protection for depositors’ funds. In ...

The New India Co-operative Bank (NICB) fraud has raised fresh concerns about safety of deposits in co-operative banks. Since the inception of deposit insurance in 1962, there have been as many as ...

Deposits coming under the Rs 5 lakh insurance cover over 90% of the bank's 1.3 lakh depositors (see graphic). The likelihood of depositors getting their full money would depend on the extent of ...

The Managing Director/Chief Executive Officer of Nigeria Deposit Insurance Corporation, Bello Hassan, has reassured customers of the failed Heritage Bank that their funds in the bank are safe.