by Team Small News | Mar 12, 2025 | Banking, Canara Bank, RBI
Canara Bank, a major Indian public sector bank, has announced a reduction in lending rates on certain tenures by 5-15 basis points (bps), effective March 12, 2023. This move is aimed at boosting credit growth and supporting the economic recovery in the country. The...
by Team Small News | Mar 12, 2025 | Banking, Jana Small Finance Bank, RBI, Suryoday Small Finance Bank, Ujjivan Small Finance Bank, Utkarsh Small Finance Bank
In response to the Reserve Bank of India’s (RBI) recent 25 basis points repo rate cut, investors are seeking high-yield fixed deposit (FD) schemes. Small finance banks have emerged as a promising option, offering interest rates as high as 9% per annum for...
by Team Small News | Mar 11, 2025 | Au Small Finance Bank, Banking, Jana Small Finance Bank, RBI, Suryoday Small Finance Bank, Ujjivan Small Finance Bank, Utkarsh Small Finance Bank
In the wake of the Reserve Bank of India’s recent 25-basis-point repo rate cut, investors are actively seeking fixed deposit (FD) schemes with attractive returns. Small finance banks, established to promote financial inclusion, are now offering interest rates as...
by Team Small News | Mar 10, 2025 | Axis bank, Bank of Baroda, Banking, HDFC Bank, ICICI Bank, IndusInd Bank, Punjab National Bank, RBI, State Bank of India
The article discusses the current fixed deposit (FD) interest rates offered by various banks in India. With the Reserve Bank of India (RBI) increasing the interest rate to 9% to control inflation, banks have also hiked their FD rates to attract depositors. Here are...
by Team Small News | Mar 10, 2025 | Banking, RBI, State Bank of India
A recent report by SBI Mutual Fund predicts that investments in India are likely to outpace consumption in the financial year 2025-26 (FY26). The report suggests that the country’s gross domestic product (GDP) is expected to grow by 6.5-7% in FY26, down from...