The National Consumer Disputes Redressal Commission (NCDRC) has ordered State Bank of India (SBI) and New India Insurance to waive off a home loan of ₹14.3 lakh taken by a deceased borrower in Pune. The borrower’s widow...
Read MoreAs of November, the latest loan rates from various Indian banks are as follows: * HDFC Bank: Floating rate loans are linked to the Marginal Cost of Funds-based Lending Rate (MCLR), ranging from 7.10% to 8.10% for various loan...
Read MoreState-owned banks in India, including State Bank of India (SBI), Bank of Baroda (BoB), and Punjab National Bank (PNB), have bid for a loan worth ₹39,000 crore to fund the Cauvery Basin Refinery and Petrochemicals Ltd (CBRPL)...
Read MoreIf you need to withdraw your fixed deposit (FD) before the maturity date, you may be subject to a penalty. Banks in India, such as SBI, HDFC Bank, ICICI Bank, PNB, Canara Bank, Yes Bank, and Bank of India, impose penalties for...
Read MoreThe Indian government’s Digital Life Certificate (DLC) campaign has been a success, with over 77 lakh DLCs issued so far. The campaign, which aims to make life easier for pensioners, was launched two weeks ago and has...
Read MoreThe Pradhan Mantri Jan Dhan Yojana (PM Jan Dhan) is a government scheme that allows individuals to open a bank account with zero balance. However, as the accounts reach 10 years old, it is mandatory to re-do the Know Your...
Read MoreFor senior citizens seeking a guaranteed fixed income, fixed deposits (FDs) from leading banks are a popular choice. SBI, HDFC Bank, and Canara Bank offer competitive interest rates for senior citizens, making FDs a reliable...
Read MoreThe State Bank of India (SBI) launched a cybersecurity booklet called “Be Scam Safe” during the 11th SBI Banking and Economics Conclave 2024. The booklet was launched by Shri M. Nagaraju, Secretary of the Department...
Read MoreAccording to Zee Business, here are the general public FD rates offered by major Indian banks: * State Bank of India (SBI): 2.90% to 6.20% for general public with a minimum deposit of Rs. 1,000 and a maximum of Rs. 5 crore. *...
Read MoreThe Pradhan Mantri Jan Dhan Yojana (PMJDY) is a government-sponsored program that aims to ensure financial inclusion by providing banking services to all citizens. However, to maintain security and comply with regulatory...
Read MoreState Bank of India (SBI) has successfully raised Rs 10,000 crore through its seventh tranche of infra bonds, with 85 bids received from heterogeneous investors. The issue was oversubscribed by more than two times, with bids...
Read MoreFixed Deposit (FD) schemes offered by banks and financial institutions in India provide stable and predictable investment returns, making them a popular choice for investors. Despite market fluctuations, FDs remain a reliable...
Read More