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Jul 07, 2020 01:40 PM IST Low interest rates critical for survival of banks, says veteran banker KV Kamath “If interest rates are at 6 percent, NPA’s will double in six years. Both cost of credit and the flow of credit both have to be looked at,” he said adding that the problem with low interest, however, is that capital injection will be significantly lower.Jul 04, 2020 01:25 PM IST 10 banks which pay high interest rates on savings accounts Large banks, both government owned and from the private sector, give far lower interest rates to depositors. But some banks, especially smaller or newer ones, pay a higher interest rate on your balances in order to attract new business into banks.Jul 03, 2020 09:56 AM IST 10 banks that offer the best interest rates on savings accounts Some banks, especially smaller or newer ones, pay a higher interest rate on your balancesJul 02, 2020 10:14 AM IST RBI pushes banks to upgrade ATM security norms: Report The central bank, which expected the upgrades to be done in a phased manner, is asking banks for updates on the progress.Jul 02, 2020 07:37 AM IST Banks sanction Rs 62,870 crore to over 70 lakh Kisan Credit Card holders “As on 30.06.2020, 70.32 lakh Kisan Credit Cards have been sanctioned with credit limit of Rs 62,870 crore out of Rs 2 lakh crore concessional credit under the Aatmanirbhar package.

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