As credit demand grows in India, banks may soon be scrambling for deposits
By Nupur Anand and Swati Bhat MUMBAI – Loan growth in India is at a three-year high and seen inching up further as economic activity …
deposits
Chinese depositors left in dark as three local banks freeze deposits
By Engen Tham SHANGHAI – Three banks in China’s central Henan province have frozen at least $178 million of deposits, offering scant information on why …
Polish govt not expected to force banks to raise rates on deposits, mBank says
WARSAW – Interest rates on deposits held in Polish banks will grow due to competition, mBank CEO Cezary Stypulkowski said on Wednesday, adding he did …
In virus-hit China, investors rush headlong into bonds and deposits
SHANGHAI – Chinese investors are shunning equity funds and piling into bonds, deposits and money market products, as stocks tumble and a gloomy economic outlook …
Russian central bank pledges support to sanctions-hit banks, promises to honor forex deposits
MOSCOW – Russia’s central bank is ready to support banks hit by Western sanctions, it said on Friday, promising to provide them with rouble and …
Nigerian National Pleads Guilty To Participating In Scheme To Conduct Cyber Intrusions To Steal Payroll Deposits
Damian Williams, the United States Attorney for the Southern District of New York, announced that CHARLES ONUS pled guilty to computer fraud in connection with …
Arctic seed vault to receive rare deposits
By Gwladys Fouche OSLO – A vault built on an Arctic mountainside to preserve the world’s crop seeds from war, disease and other catastrophes will …