India’s largest public sector lender, State Bank of India (SBI), has lowered the interest rates on certain short-term fixed deposit (FD) tenures by 15 basis points (bps). The revised rates come into effect from July 15, 2025, and apply to tenures ranging from 46 days to less than 1 year. Revised FD rates for general…
MUMBAI: State Bank of India (SBI), the country’s largest lender, has cut its deposit rates following a 25 basis-point reduction in the Reserve Bank of India’s benchmark rate last week. Lending rates linked to the marginal cost of funds-based lending rate (MCLR), however, remain unchanged, as the bank’s cost of funds has yet to decline…
MUMBAI: The country’s biggest lender as well as the largest private bank have started the new year with higher returns for some depositors.While SBI has introduced a new category of super senior citizens above 80 years – who will get 10 basis points more than senior citizens – HDFC Bank has revised returns on bulk…
देश के सबसे बड़े बैंक, स्टेट बैंक ऑफ इंडिया (SBI) ने नई मार्जिनल कॉस्ट ऑफ लेंडिंग रेट (MCLR) का ऐलान किया है. ये नई दरें 15 दिसंबर 2024 से लागू होंगी और 15 जनवरी 2025 तक लागू रहेंगी. इस घोषणा से करोड़ों ग्राहकों को राहत मिलने की उम्मीद है, खासतौर से उन लोगों को जो…