Prior to opening a fixed deposit (FD) with a bank, it is important to compare the interest rates offered by its rivals. After RBI cut the repo rate by a …
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Finance
SBI hit by ₹5.5 crore personal loan scam — What you can learn from this fraud
by AutoTrendlyby AutoTrendlySince personal loans are unsecured, banks are supposed to exercise due diligence before disbursing loan money to borrowers. Banks typically check the salary slips and the employment history of applicants …
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India NewsPolitics
SBI aims to gain market share in all districts: Chairman Setty
by AutoTrendlyby AutoTrendlyMumbai: State Bank of India is aiming to be the market leader in all 787 districts of the country as it prepares for the next 10 years, said chairman C.S. …
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India NewsPolitics
SBI picks five banks to manage its ₹25,000 crore QIP
by AutoTrendlyby AutoTrendlyState Bank of India has picked Kotak Mahindra Capital Co., Citigroup Capital Markets, HSBC, Morgan Stanley and ICICI Securities to manage its ₹25,000 crore qualified institutional placement, two people aware …
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Finance
After latest rate cut, SBI offers these interest rates on fixed deposits & savings account
by AutoTrendlyby AutoTrendlySBI rate cut: After the latest RBI rate cut on June 6 after which the benchmark interest rate was slashed by 50 basis points to 5.5 percent, most banks revised …
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India NewsPolitics
Kannada language row: Bank manager insists on speaking ‘Hindi’; furious customer says, ‘This is Karnataka, madam’
by AutoTrendlyby AutoTrendlyBengaluru has long been celebrated as a cultural and linguistic melting pot. However, this diversity has also given rise to recurring debates over language—particularly prominent in recent times, with tensions …
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Finance
SBI personal loan ₹2.5 lakh – Interest rates, EMI, application details and more
by AutoTrendlyby AutoTrendlyThe State Bank of India (SBI) continues to be a preferred option for individual borrowers seeking personal loans. The bank offers amounts of up to ₹35 lakhs with easy and …
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Finance
How red tape is costing public sector bank employees crores in NPS savings
by AutoTrendlyby AutoTrendlyHowever, SBI Pension Funds has delivered the least returns among the 11 pension fund managers under the National Pension System (NPS), a government-sponsored, market-linked retirement savings scheme, across time periods. …
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India NewsPolitics
Fin Min asks banks to ensure cash at all branches, ATMs amid tension
by AutoTrendlyby AutoTrendlyMumbai: The finance ministry has told banks to ensure normal banking operations at all branches following the rise in tensions with Pakistan, according to bankers. The Department of Financial Services …
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India NewsPolitics
SC strikes down JSW’s deal, orders liquidation of Bhushan Steel & Power
by AutoTrendlyby AutoTrendlyNEW DELHI: Supreme Court on Friday quashed the acquisition of bankrupt Bhushan Power & Steel Ltd by JSW under the Insolvency and Bankruptcy Code and ordered liquidation of the debt-ridden …