by newsworm | Jan 7, 2025 | Banking, State Bank of India
Japanese financial conglomerate SBI has agreed to pay €100 million for a stake of over 70% in Solaris, a struggling German Banking-as-a-Service platform. This deal is part of a larger funding round that has raised approximately €150 million, with additional funds... by newsworm | Jan 6, 2025 | Banking, State Bank of India
SBI Holdings Inc. has agreed to take a stake of over 70% in Solaris SE, a German fintech company, as part of a new fundraising round. The deal includes a €100 million investment from SBI, as well as additional funding from Boerse Stuttgart Group and existing... by newsworm | Jan 6, 2025 | Banking, Equitas Small Finance Bank, ICICI Bank, IDFC Bank, Indian Bank, IndusInd Bank, Jana Small Finance Bank, RBL Bank, State Bank of India
Fixed deposits (FDs) remain a popular investment choice due to their assured returns, with interest rates ranging up to 9%. Small finance banks offer attractive interest rates, with North East Small Finance Bank offering 9% for FDs with maturities between 546 to 1111... by newsworm | Jan 6, 2025 | Banking, State Bank of India
State Bank of India’s (SBI) decision to offer collateral-free study loans to students with a minimum annual income of Rs 6 lakh has set a new benchmark in the education loan market. This move is expected to push other lenders to follow suit, making it easier for... by newsworm | Jan 5, 2025 | Banking, HDFC Bank, ICICI Bank, Punjab National Bank, State Bank of India
Fixed Deposits (FDs) are a popular and secure investment option in India, offering guaranteed interest rates. The interest rates offered by various banks typically range from 3% to 7.90%. Senior citizens often receive an extra 0.5% interest rate, making FDs more... by newsworm | Jan 5, 2025 | Banking, State Bank of India
The State Bank of India (SBI) has launched a digital onboarding process for Non-Resident Indians (NRIs) to open NRE (Non-Resident External) and NRO (Non-Resident Ordinary) accounts. This end-to-end process uses the bank’s Tab-based system, eliminating the need...