A fixed deposit (FD) is one of the safest investment options which offers a fixed return without any market-related risks
Brokerages are upbeat on SBI due to strong asset quality and record low slippages. The bank also holds unutilized Covid provisions of ~Rs 6,300 crore.
During the last trading week, the 30-share BSE benchmark Sensex jumped 1,807.93 points or 3.70 %.
Top of gainers on the Sensex were banking stocks with HDFC Bank leading the pack followed by SBI, IndusInd Bank, ICICI Bank & Axis Bank rallying over
Net Interest Income rose by 18.89% to Rs 27,067 crore in Q4FY21 compared to Rs 22,767 crore in Q4FY20
Media firm NDTV reported an over two-fold jump in consolidated net profit at Rs 24.09 crore for the fourth quarter ended March 2021.
SBI said customers will won't be able to access Internet banking, YONO and YONO Lite
From reissuing blocked cards to generating PIN, a host of crucial services are available from home
A customer can generate his PIN within a minute but has to visit an ATM to validate or change it
To keep a bank account active, an individual should do transactions on a regular basis