by Team Small News | May 11, 2025 | RBI, State Bank of India
The State Bank of India (SBI) has recently lowered the interest rates on its savings schemes, including its Fixed Deposit (FD) scheme, following the Reserve Bank of India’s (RBI) repo rate cut. However, the SBI FD scheme still offers attractive interest rates,...
by Team Small News | May 10, 2025 | State Bank of India
The State Bank of India (SBI) has announced that it will be increasing the charges for not maintaining the average monthly balance in savings accounts. From June 1, 2025, customers who fail to maintain the required average monthly balance will be charged 6% of the...
by Team Small News | May 7, 2025 | Canara Bank, State Bank of India
The article discusses two special fixed deposit (FD) schemes offered by State Bank of India (SBI) and Canara Bank, which come with limited-time offers and higher interest rates compared to regular FDs. SBI’s Amrit Vrishti is a 444-day FD scheme that was launched...
by Team Small News | May 6, 2025 | Central Bank of India, RBI, State Bank of India
The Reserve Bank of India (RBI) has taken steps to stimulate economic growth by lowering policy interest rates. In February and April, the central bank reduced interest rates by 25 basis points each, aiming to boost economic activity. This move is expected to have a...
by Team Small News | May 5, 2025 | Central Bank of India, RBI, State Bank of India
According to a report by SBI Research, the Reserve Bank of India (RBI) is expected to implement an aggressive rate cut trajectory for the current fiscal year (FY26). This is driven by the significant moderation in inflation, which has hit a 67-month low of 3.34% in...
by Team Small News | May 1, 2025 | Axis bank, State Bank of India
Significant changes are on the horizon for credit card users in India, particularly those holding cards from Axis Bank and SBI Card. These changes are set to take effect in early 2025, coinciding with adjustments to ATM fees. Here’s a breakdown of what’s...