Wed, Apr 17, 2024
Banks such as State Bank of India (SBI), Bank of Baroda (BoB), ICICI Bank, HDFC Bank, Punjab National Bank (PNB) and Canara Bank offer up to 7.75% interest rate on 5-year FDs to senior citizens, as per Paisabazaar.com data.
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Tue, Apr 16, 2024
Fixed deposit (FD) is a scheme run by post office as well as banks, small finance banks, and non-banking finance companies (NBFCs). Investors keen on non-market-linked investment products invest in FDs since they provide guaranteed returns. Like many other banks, State Bank of India (SBI) also provides additional interest rates to senior citizens on most of its FDs.
Mon, Apr 15, 2024
According to the report by SBI researchers, the total amount of deposits has risen by 143 per cent in the last five years to Rs 34 lakh crore at the end of FY24 from Rs 14 lakh crore.
Wed, Nov 23, 2022
Speaking at an economics conclave organised by the country's largest lender, Khara said learnings from the last cycle of high loan growth which ultimately led to a huge spurt in sour loans have been internalised by the banking system.
Wed, Nov 16, 2022
The Department of Financial Services, Ministry of Finance, in a letter dated November 15, 2022, has nominated Vivek Joshi as a director on the central board of directors of State Bank of India
Sat, Nov 12, 2022
SBI Clerk Prelims Exam 2022: This preliminary examination will recruit 5486 Junior Associates. The exam will comprise of Objective Tests for 100 marks.
Tue, Nov 08, 2022
It is to be noted that 10-year G-Sec is currently trading around 7.46 per cent, while the 91-day T-bill is trading at around 6.44 per cent and 364-day T-bill at around 6.97 per cent.
Fraud Alert! SBI warns customers: The personal information of people is used to carry out social engineering attacks, identity thefts, phishing attacks, while it can also be exploited to carry out unauthorised financial transactions and issuing SIM cards illegally.
Mon, Nov 07, 2022
Electoral bonds have been pitched as an alternative to cash donations made to political parties as part of efforts to bring transparency in political funding.
Sun, Nov 06, 2022
SBI Business Scheme: It should be noted that there are many frauds by defrauding people in the name of ATM franchises. So, if you want to apply for SBI ATM Franchise then be careful and apply through the official website of the company only.
Tue, Oct 18, 2022
The country's largest lender SBI has revised the MCLR for the benchmark one-year tenor to 7.95 per cent, up by 25 basis points from previous rate, which came to effect from October 15, 2022.
Mon, Oct 17, 2022
SBI savings account interest rate: India's largest public sector lender State Bank of India (SBI) today announced reduction in the interest rate on savings accounts by 5 basis points.
The Pune-based lender has also slashed interest rate on personal loans to 8.9 per cent from the existing 11.35 per cent effective Monday (October 17, 2022), BoM said in a statement.
Sat, Oct 15, 2022
SBI Credit Card Holders ALERT: It should be noted that the processing fee on merchant EMI transactions has been revised to Rs 199. Whereas the processing fee on rent payment transactions will be Rs 99. Taxes will be applicable on both.
Mon, Oct 03, 2022
When looked in relation to these states own tax revenue, pension liabilities are quite high for Jharkhand, Rajasthan and Chhattisgarh at 217, 190 and 207 per cent respectively.
Thu, Sep 08, 2022
The SBI branch in Haliyal wrongly identified the Kannada numeral nine as six and, therefore, dishonoured the cheque. The numeral nine indicated the month of September, but the bank read it as June.
Wed, Sep 07, 2022
SBI Clerk Recruitment 2022: The fee payment is Rs 750 for General, OBC and EWS candidates.
Sun, Aug 21, 2022
Second Sovereign Gold Bond Scheme: The interesting aspect of the scheme is that if an investor will apply and pay for Second Sovereign Gold Bond online, then the Reserve Bank of India (RBI) will offer a discount of Rs 50 per gram.
Fri, Aug 19, 2022
"SBI initiated open offer e-auction towards sale of fund based exposure of KSK Mahanadi Power Co. Ltd on 100 per cent cash basis on April 20, 2022 for a reserve price of Rs 1,544.08 crore," SBI said in a regualtory filing on Thursday.
Fri, Aug 12, 2022
With regard to deposit growth, BoM witnessed a 12.35 per cent growth and mobilised Rs 1,95,909 crore at the end of June 2022.
Thu, Jul 14, 2022
State Bank of India, the country's largest lender, has raised its marginal cost of funds based lending rate (MCLR) across all tenures. The decision to hike MCLR will lead to an increase in EMIs for borrowers.
Mon, Jul 04, 2022
Stocks to buy: Market expert and IIFL Securities Director Sanjeev Bhasin on Monday that "July will be one of the best months we have seen in the last 4 months." He spoke to Zee Business Managing Editor and Market Guru Anil Singhvi in the popular TV show ‘Bhasin Ke Hasin Share'.
Tue, Jun 21, 2022
DoPPW took sessions on Pension policy reforms and disbursement of pension digitally to Central Government pensioners
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