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Nigeria Deposits Insurance Corporation, NDIC has said that it will commence payment of deposits above N5 million in the defunct Heritage Bank from next month. Acting Head, Communication & Public ...
If a financial institution fails, the deposit protection scheme means customers can currently claim back the first £85,000 of their savings. That would rise to £110,000 under the new proposal.
Scientists say they have discovered two potentially record-smashing 1,000-tonne gold deposits in central and northeastern China, and more discoveries could come with the use of advanced ...
What is the deposit insurance scheme and when is the DICGC obliged to pay? This RBI scheme offers protection to individual deposits up to Rs.5 lakh in banks. The DICGC steps in under specific ...
Second, demand for foreign currency loans from companies remains static. So, there is not much upward movement in foreign currency non-resident-bank (FCNR-B) deposit rates, although the central bank ...
Increasingly digital-savvy consumers are hunting for better online alternatives and higher interest rates, and banks, which use deposits as their main source of funding for loans, have had to ...
His comments on Tuesday, cited by state news agency Interfax, follow an overture by Putin this month offering Trump the opportunity to jointly explore Russian deposits of rare earth metals.
HDFC Bank has announced that it is now accepting deposits under the Senior Citizen Savings Scheme (SCSS), joining the ranks of several other public and private sector banks that offer this ...
A "supergiant" deposit of high-quality gold ore containing an estimated 1,000 metric tons (1,100 US tons) of the precious metal was discovered in central China in late 2024, according to Chinese state ...
Term deposit rates might have fallen, but people with money in the bank may still be getting a better return, in real terms, than they have in recent years. ASB senior economist Chris Tennent-Brown ...
Residents in the UAE are increasingly opting for longer saving deposits with banks and saving schemes. The reason behind this? They want to cash in on high returns amid high interest and profit ...
India's leading private sector bank, HDFC Bank will now accept deposits under the Senior Citizens’ Savings Scheme (SCSS), a savings instrument run by the Government of India for the elderly. "HDFC ...
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