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Nirmala Sitharaman

Govt wants to revive small savings: Sitharaman

Interest rate has come down to maximum 7.6 per cent in post office schemes, a major destination of small savings.

7 July 2017 7:26 PM IST

SBI Cards is also in the process of speeding up customer acquisition process by reducing the delivery period so that more and more people are added to the network.

What SBI interest rate-cut to 6.75 per cent means for your deposits

SBI's deposit rate is currently the lowest in the Indian banking sector for one-year deposits up to Rs 1 crore.

5 July 2017 1:06 PM IST

Shares of Indian Bank were trading 9.59 per cent up at Rs 312.50 on BSE.

Indian Bank revises interest rates in FCNR(B) deposits

Revised interest rates have been fixed at 2.43 per cent for deposits of one year and above.

4 July 2017 6:37 PM IST

DCB Bank has revised downward its MCLR across tenors with overnight loans attracting 8.35 per cent interest rates. (Representational Image)

DCB Bank cuts MCLR rates by up to 0.57 per cent

Banks have switched to MCLR as their new benchmark lending rate from June last year.

18 July 2017 7:27 PM IST

A closed branch of SBI as bank employees went on a nationwide strike in Surat. (Photo: PTI)

SBI up 5 pc as it cuts interest rate on savings account deposits

Rate cut by SBI on savings bank account is a strategic move by the bank aimed at increasing profits.

31 July 2017 2:55 PM IST

The two unlisted associate banks which will be merged with SBI are State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH).

SBI cuts saving account rate by 0.5 pc on balance upto Rs 1 cr

SBI said revision of saving bank rate will enable the bank to maintain MCLR at existing rates.

31 July 2017 1:29 PM IST

There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

Loans may get cheaper as RBI set to cut rates

The government has also been pushing for a rate cut to give a boost to economic activity and encourage private...

31 July 2017 6:51 AM IST

There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

RBI likely to cut rate on Aug 2 as inflation hits record low

A rate cut will give a push to credit growth which has been sluggish from last many quarters.

30 July 2017 1:25 PM IST

RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

RBI to cut repo rate by 25 bps on August 2: HSBC

According to the global financial services major inflation in India has fallen dramatically.

27 July 2017 1:42 PM IST

IT officials raid an Axis Bank branch in Noida on Thursday. (Photo: PTI)

Axis Bank cuts home loan rates by 0.30 per cent

The rate cuts will help more people to realise their dream of having a home.

18 May 2017 2:11 PM IST

2016 overall was a watershed year for Indian real estate. (Representational Image)

Builders pinning hopes on rate cuts for revival in 2017

The realty space remained weak even this year as housing sales fell on low demand and adverse impact of junking of old...

29 Dec 2016 1:59 PM IST

The governments recent decision to provide interest rate relief to home buyers and to those who wish to plan a home in 2017.

DHFL cuts home loan rates by 0.5 per cent

Reduction rates on home loan for various maturities will vary from 8.60 per cent to 9.10 per cent.

5 Jan 2017 9:37 AM IST