Fixed deposits: Book FD schemes at higher interest rates of 8% or more before banks slash rates; check details
The decrease in deposit rates results in diminished returns for fixed deposit (FD) investors, particularly senior citizens ...
State Bank of India reports higher quarterly net profit
State Bank of India , the country's largest lender by assets, reported an 84% jump in quarterly profit on Thursday, helped by ...
Union Bank of India sees lower inflation for FY25 and FY26 than MPC estimates
The UBI stated, "MPC revised FY25 growth projection to 6.4 per cent from 6.6 per cent previously even as it projects recovery ...
India’s Central Bank Delays Proposed Liquidity Rules for Lenders
The Reserve Bank of India has delayed the implementation of proposed liquidity regulations for lenders that may have hampered ...
State Bank of India aims to raise 50 bln rupees via perpetual bonds, sources say
The State Bank of India is looking to raise around 50 billion rupees ($573.38 million) via Basel III-compliant additional ...
India to launch new domain name for banks to fight digital fraud
India’s central bank is introducing an exclusive “.bank.in” domain for banks from April 2025 as part of efforts to combat rising digital payment frauds and bolster trust in online banking services.