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Community banks that could reel in cheap deposits while keeping a lid on expenses were able to outperform peers in 2024.
Will Public Provident Fund (PPF) rate fall below 7% for the first time in decades, influenced by the Gopinath Committee formula and fluctuating 10-yea ...
The SBI website confirms this change, saying "the interest rate of the specific tenor scheme of 'Amrit Vrishti' (444 days) has also been revised from 6.85% to 6.60% with effect from June 15, 2025 ...
State Bank of India has revised its "Amrit Vrishti" fixed deposit scheme, effective June 15, 2025, reducing the interest rate on 444-day tenures. Last week, most banks including ICICI Bank, HDFC Bank ...
Following the RBI's repo rate cut, SBI has reduced its key lending rates by up to 0.50%, effective June 15, 2025. The External Benchmark Rate (EBR) is lowered to 8.15%. Consequently, SBI home loan ...
PSBs are now offering the best fixed deposit (FD) interest rates for senior citizens and a number of banks are offering returns of nearly 8% per annum on specific tenures. For retirees and for those ...
A State Bank of India report estimates India's poverty rate to decline to 4.6% in 2024, a significant drop from the World Bank's 5.3% estimate for 2023. This reduction is attributed to new data ...
India’s extreme poverty declined below 5 percent in 2024 to 4.6 percent from 5.3 percent estimated by the World Bank in 2023, SBI Research said in a note on June 10.
Shares of Tata Motors, Jio Financial Services, Hindustan Aeronautics, State Bank of India, and Mazagaon Docks were the most popular among retail investors and HNIs through the MTF route, the NSE ...
Lending rates are expected to fall by around 30 basis points (bps) following the recent policy rate cut, according to a report by the State Bank of India (SBI). The report highlighted that the ...