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Yes Bank Stock Rises Marginally As SBI's 3-Year Lock-In Period Ends
The shares of Yes Bank were trading in the positive territory as stocks went up 0.60 per cent today as the three-year lock-in period of the largest commercial lender in the country ends today.
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SBI Completes First Commercial Trade In Sri Lankan Rupees
Indian lender State Bank of India on Thursday said it completed its first non-dollar transaction with Sri Lanka, by paying for exports in Sri Lankan rupees as India looks to bring
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Hodlnaut Crypto Lender Under Scanner in Singapore, Being Probed for Fraud
The Commercial Affairs Department (CAD) from Singapore is now probing if Hodlnaut has been indulging in cheating and fraudulent activities. As per the law enforcement authorities, between August and November, several reports had claimed that Hodlnaut and its directors had made ‘false representations’ about the lender’s exposure to a particula...
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RBI Tells Lenders About Inclusion Of Wholesalers As Small And Medium Enterprise
Centre had last week issued an order to revise the definition of MSMEs by including retailers and wholesale traders under them.
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SBI, HDFC Bank, Other Top Lenders Pay These Returns On Fixed Deposits
Commercial lenders currently provide a slew of maturity options for retail fixed deposits, which are fixed deposits up to Rs 2 crore.
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SBI, ICICI Bank, HDFC Bank Pay These Returns On Fixed Deposits Now
Commercial lenders - from the likes of State Bank of India (SBI), HDFC Bank and Kotak Mahindra Bank - currently provide a slew of maturity options for retail fixed deposits, which are fixed deposits up to Rs 2 crore.
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Fixed Deposit Interest Rates: Top Banks Pay These Annual Returns Now
Bank Fixed Deposit (FD) Rates: Commercial lenders such as State Bank of India (SBI) revise the interest rates on fixed deposits - also known as term deposits - from time to time.
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Want To Open A Fixed Deposit Account? Top Banks Pay These Returns Now
Fixed Deposit Interest Rate: Commercial banks, from the likes of state-run SBI - the country's largest lender by assets - to private sector lender HDFC Bank, its largest in terms of market value, provide a variety of maturity options for fixed deposits, starting from as short as seven days to as long as 10 years.
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RBI Cuts Reverse Repo Rate To Boost Liquidity, Rs 50,000-Crore Push For Lenders
Reserve Bank of India Governor Shaktikanta Das on Friday announced a 25-basis-point cut in the reverse repo rate to 3.75 per cent, in a bid to push banks to utilise excess funds within the system towards lending. Reverse repo rate is the interest rate at which the RBI borrows funds from commercial banks. Shaktikanta Das said the move was to encoura...
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RBI Eases Loan Repayment Rules. How It Helps You
The Reserve Bank of India (RBI) on Friday permitted commercial banks and other financial lenders to allow borrowers to delay their loan repayments by a period of three months. The move by the regulator complemented the government's announcement of a Rs 1.7 lakh-crore fiscal package the previous day to help the poor survive the 21-day countrywide lo...
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This Zero Balance SBI Savings Account Can Be Opened Even Without KYC Documents
State Bank of India or SBI, the largest commercial lender of the country, offers a zero balance savings account, which can be opened by customers who do not have know-your-customer (KYC) documents. Banks usually follow a strict KYC procedure before customers open their accounts. However, SBI's small account can be opened by anyone who does not have...
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There's No Liquidity Crisis: Finance Minister Nirmala Sitharaman After Meeting Bank Chiefs
Finance Minister Nirmala Sitharaman said on Thursday that lenders have enough liquidity and retail credit growth is likely to pick up in the festival season starting October. "Sum and substance of what I heard was that there is no liquidity crisis," Nirmala Sitharaman said at a press conference after meeting representatives of private sector banks ...
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State Bank Of India Levies These Charges For ATM Withdrawal, Other Services
Commercial lenders such as State Bank of India (SBI) are required to provide a certain number of transactions free of cost to their customers every month under current banking rules. Any additional transactions attract charges depending on factors such as the type and location of ATM. State Bank of India (SBI), the country's largest lender by asset...
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Want To Open A Zero Balance Savings Account? Here's What Top Banks Offer
Major commercial banks such as public sector lender State Bank of India (SBI) and its private sector peer HDFC Bank offer zero balance accounts such as BSBD accounts.
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SBI Reduces Key Lending Rates, Home Loans To Get Cheaper: 10 Things To Know
SBI or State Bank of India, the country's largest lender by assets, on Wednesday announced a reduction in its benchmark lending rates across all tenors. The bank said its MCLR or marginal cost of funds-based lending rates will be reduced by 15 basis points (0.15 percentage point), and the new rates will take effect on August 10. The move marks the ...
-
Yes Bank Stock Rises Marginally As SBI's 3-Year Lock-In Period Ends
The shares of Yes Bank were trading in the positive territory as stocks went up 0.60 per cent today as the three-year lock-in period of the largest commercial lender in the country ends today.
-
SBI Completes First Commercial Trade In Sri Lankan Rupees
Indian lender State Bank of India on Thursday said it completed its first non-dollar transaction with Sri Lanka, by paying for exports in Sri Lankan rupees as India looks to bring
-
Hodlnaut Crypto Lender Under Scanner in Singapore, Being Probed for Fraud
The Commercial Affairs Department (CAD) from Singapore is now probing if Hodlnaut has been indulging in cheating and fraudulent activities. As per the law enforcement authorities, between August and November, several reports had claimed that Hodlnaut and its directors had made ‘false representations’ about the lender’s exposure to a particula...
-
RBI Tells Lenders About Inclusion Of Wholesalers As Small And Medium Enterprise
Centre had last week issued an order to revise the definition of MSMEs by including retailers and wholesale traders under them.
-
SBI, HDFC Bank, Other Top Lenders Pay These Returns On Fixed Deposits
Commercial lenders currently provide a slew of maturity options for retail fixed deposits, which are fixed deposits up to Rs 2 crore.
-
SBI, ICICI Bank, HDFC Bank Pay These Returns On Fixed Deposits Now
Commercial lenders - from the likes of State Bank of India (SBI), HDFC Bank and Kotak Mahindra Bank - currently provide a slew of maturity options for retail fixed deposits, which are fixed deposits up to Rs 2 crore.
-
Fixed Deposit Interest Rates: Top Banks Pay These Annual Returns Now
Bank Fixed Deposit (FD) Rates: Commercial lenders such as State Bank of India (SBI) revise the interest rates on fixed deposits - also known as term deposits - from time to time.
-
Want To Open A Fixed Deposit Account? Top Banks Pay These Returns Now
Fixed Deposit Interest Rate: Commercial banks, from the likes of state-run SBI - the country's largest lender by assets - to private sector lender HDFC Bank, its largest in terms of market value, provide a variety of maturity options for fixed deposits, starting from as short as seven days to as long as 10 years.
-
RBI Cuts Reverse Repo Rate To Boost Liquidity, Rs 50,000-Crore Push For Lenders
Reserve Bank of India Governor Shaktikanta Das on Friday announced a 25-basis-point cut in the reverse repo rate to 3.75 per cent, in a bid to push banks to utilise excess funds within the system towards lending. Reverse repo rate is the interest rate at which the RBI borrows funds from commercial banks. Shaktikanta Das said the move was to encoura...
-
RBI Eases Loan Repayment Rules. How It Helps You
The Reserve Bank of India (RBI) on Friday permitted commercial banks and other financial lenders to allow borrowers to delay their loan repayments by a period of three months. The move by the regulator complemented the government's announcement of a Rs 1.7 lakh-crore fiscal package the previous day to help the poor survive the 21-day countrywide lo...
-
This Zero Balance SBI Savings Account Can Be Opened Even Without KYC Documents
State Bank of India or SBI, the largest commercial lender of the country, offers a zero balance savings account, which can be opened by customers who do not have know-your-customer (KYC) documents. Banks usually follow a strict KYC procedure before customers open their accounts. However, SBI's small account can be opened by anyone who does not have...
-
There's No Liquidity Crisis: Finance Minister Nirmala Sitharaman After Meeting Bank Chiefs
Finance Minister Nirmala Sitharaman said on Thursday that lenders have enough liquidity and retail credit growth is likely to pick up in the festival season starting October. "Sum and substance of what I heard was that there is no liquidity crisis," Nirmala Sitharaman said at a press conference after meeting representatives of private sector banks ...
-
State Bank Of India Levies These Charges For ATM Withdrawal, Other Services
Commercial lenders such as State Bank of India (SBI) are required to provide a certain number of transactions free of cost to their customers every month under current banking rules. Any additional transactions attract charges depending on factors such as the type and location of ATM. State Bank of India (SBI), the country's largest lender by asset...
-
Want To Open A Zero Balance Savings Account? Here's What Top Banks Offer
Major commercial banks such as public sector lender State Bank of India (SBI) and its private sector peer HDFC Bank offer zero balance accounts such as BSBD accounts.
-
SBI Reduces Key Lending Rates, Home Loans To Get Cheaper: 10 Things To Know
SBI or State Bank of India, the country's largest lender by assets, on Wednesday announced a reduction in its benchmark lending rates across all tenors. The bank said its MCLR or marginal cost of funds-based lending rates will be reduced by 15 basis points (0.15 percentage point), and the new rates will take effect on August 10. The move marks the ...
