deposits
- Middle East
Time, savings deposits in Saudi banking system reach highest level ever
Riyadh: Time and savings deposits in the Saudi banking system reached their highest levels ever, totaling 889.5 billion Saudi riyals at the end of May 2024. This marks an annual growth of…
- India
EPFO raises interest rate on PF deposits
New Delhi: The Central Board of Trustees of the Employees’ Provident Fund Organisation (EPFO) has recommended an interest rate of 8.25 per cent on Provident Fund deposits for 2023-24. At present, the…
- India
Gujarat among India’s top 10 states in deposits per capita
Ahmedabad: Reserve Bank of India (RBI) data revealed that Gujarat has secured its place among the top 10 states in India in terms of deposits per capita. As of March 31, 2023,…
- World
Turkish central bank aims to increase lira share in bank deposits
Ankara: Turkey’s central bank announced its plan to increase the share of the Turkish lira in the country’s bank deposits to 60 per cent by the middle of 2023. “Policies to be…