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State Bank of India and HDFC Bank are offering only 5.80% interest on FDs for the same tenure.
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Increased economic activity, combined with the festive season, would allow for a moderate rate of spending increase in the medium term
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Experts always advise repaying the loan in time, without missing a single EMI. This would help the person in the future.
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The bank's net profit on a standalone basis increased by 67% to Rs 6,504 crore as compared to Rs 4,574.16 crore
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Last month, SBI had said the bank was also in the process of identifying climate risks that have the potential to generate a substantive business
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The programme was aimed at improving access to funds during the festive season
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Asks banks be agile and creative to stay ahead of digital curve
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Around 520,000 cards were added to the system in August, with ICICI Bank and SBI Bank leading the way.
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Auto sales are generally high during the festive season. To attract customers, this time most companies have come up with offers. Nowadays, auto loans rates are at their lowest and can be a good source of funding to buy one’s dream car. A few banks are also giving loans up to 90% of the on-road […]
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Loan sanctioning and debt recovery may move at slow pace now