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HDFC twins to issue debt of Rs 1.07 lakh crore
The group will issue different types of Debt instruments worth 1.07 lakh crore rupees to investors
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SBI approves 6% stake sale in mutual fund
Currently, SBI holds 63% stake in SBIFMPL and the 37% stake is held by AMUNDI Asset Management through a wholly-owned subsidiary, Amundi India Holding
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Rise in bond yields hints at reversal in interest rates
Some relief for savers may be in store; borrowers may have shell out more
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UPI transaction spurts 105% in Diwali: SBI study
Cash in circulation remains same the in Diwali week of both 2020 and 2021.
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Falling short of funds for your dream home? Here's help
One can get a loan between Rs 50,000 and Rs 50 lakh from the bank very quickly.
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India ahead of China in terms of financial inclusion
In 2020, there were 14.7 bank branches for every 100,000 adults, which is more than Germany, China, and South Africa
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3-year FD: Banks offering up to 7% to senior citizens
State Bank of India and HDFC Bank are offering only 5.80% interest on FDs for the same tenure.
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SBI posts consolidated net profit of Rs 8,890 crore
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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Banks sanction loans worth Rs 63,574 crore through credit outreach programme
The programme was aimed at improving access to funds during the festive season
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Credit card spends jump 57% in September
Around 520,000 cards were added to the system in August, with ICICI Bank and SBI Bank leading the way.
