SBI set to borrow $1.25 billion, India’s largest dollar-denominated bank loan in 2024; details here
4 months, 2 weeks ago

SBI set to borrow $1.25 billion, India’s largest dollar-denominated bank loan in 2024; details here

Live Mint  

The State Bank of India, India's largest public sector bank, is planning to raise up to $1.25 billion, marking the biggest dollar-denominated loan in the country's financial sector. Dollar loan volume declines The report said that despite these loans, India's dollar loan volume has declined 27 per cent to $14.2 billion this year due to the absence of large company loans. On Wednesday, India's biggest banks, such as SBI, HDFC Bank, and ICICI Bank, were named as domestic systemically important banks by the Reserve Bank of India on Wednesday. The State Bank of India will have to maintain an additional capital buffer of 0.80 per cent of its risk-weighted assets, an increase from its current 0.60 per cent.

India Bank Loan Report Cent Hdfc Bank Sbi  sbi  loan  buffer  largest  details  india  dollardenominated  indias  hdfc  borrow  bank  million  set  billion  cent  report

History of this topic

Private capex on the rise; watch on tariffs: SBI’s Setty
1 month, 3 weeks ago

Private capex on the rise; watch on tariffs: SBI’s Setty

Live Mint  

Private sector capital expenditure has begun to pick up, though not so much in core sectors such as steel, State Bank of India chairman C.S. But I think private capital expenditure in the core sector, particularly steel, is yet to pick up,” Setty said at an analysts' call after the bank's December quarter earnings release. "Based on the visibility we …

HDFC Bank Q3 results: Net profit rises 2% YoY to ₹16,735.5 crore; Net interest income jumps 8%
2 months, 1 week ago

HDFC Bank Q3 results: Net profit rises 2% YoY to ₹16,735.5 crore; Net interest income jumps 8%

Live Mint  

HDFC Bank Q3 results: The largest private bank in India, HDFC Bank Limited, announced its October to December quarter results on Wednesday, January 22. The institutional lender announced a 2.2 per cent rise in net profit to ₹16,735.5 crore in the third quarter of the financial year 2024-25, compared to ₹16,372 crore in the previous year. Net interest income — …

Analysts love these four stocks in this struggling sector
2 months, 1 week ago

Analysts love these four stocks in this struggling sector

Live Mint  

Stepping into 2025, the banking sector is recalibrating its approach to balance growth with stability. These include major players such as ICICI Bank, HDFC Bank, State Bank of India, and Axis Bank, which continue to inspire confidence and remain analysts’ favourites. HDFC Bank: Strength in asset quality Despite a modest return of 0.1% over the past year, HDFC Bank maintains …

Bank of India seeks first dollar syndicated loan worth $400 million in more than a decade: Report
2 months, 2 weeks ago

Bank of India seeks first dollar syndicated loan worth $400 million in more than a decade: Report

Live Mint  

Bank of India said it is marketing its first dollar syndicated loan since 2012 of as much as $400 million. The lender is raising the loan — split into three- and five-year tranches — via its branch located in Gujarat International Finance Tec-City, Rajesh V Upadhya, company secretary at Bank of India said in an email reply to a Bloomberg …

HDFC Bank cuts lending rate by 5 bps, check the latest rates
Trending News
2 months, 3 weeks ago

HDFC Bank cuts lending rate by 5 bps, check the latest rates

Live Mint  

HDFC Bank has cut its marginal cost of funds-based lending rate on select tenures by upto 5 basis points. In 2016, the Reserve Bank of India replaced the base rate system with the MCLR based lending rates. However, those borrowers who had taken loans before 2016 are still governed by the base rate or benchmark prime lending rates as the …

HDFC Bank introduces revised lending and FD rates. Check details
2 months, 3 weeks ago

HDFC Bank introduces revised lending and FD rates. Check details

India Today  

HDFC Bank, one of India’s largest private banks, has reduced its Marginal Cost of Funds-Based Lending Rate by up to 5 basis points across select tenures. UNDERSTANDING MCLR AND ITS IMPACT MCLR, introduced by the Reserve Bank of India in 2016, replaced the base rate system to make lending rates more dynamic. Borrowers under older regimes like the base rate …

HDFC Bank reports deposit growth of 4.2% outpacing loans in Q3FY25
2 months, 3 weeks ago

HDFC Bank reports deposit growth of 4.2% outpacing loans in Q3FY25

Live Mint  

India's biggest private sector bank, HDFC Bank, reported that deposit growth outpaced loan growth on a quarter-on-quarter basis for the period ended December 31. The deposits were at ₹24.53 trillion, marking an increase of 4.2 per cent, slowing from a 5.1 per cent rise from the July-September quarter, HDFC Bank said in an exchange filing on Saturday. The bank's loan-to-deposit …

FD interest rates: 6 banks offer highest rates on their long-term fixed deposits
3 months ago

FD interest rates: 6 banks offer highest rates on their long-term fixed deposits

Live Mint  

Prior to locking your money into a fixed deposit, it is recommended to compare the interest rates offered by different banks on their term deposits. Highest FD interest rates offered by banks: HDFC Bank: On a 3-year fixed deposit, this private lender offers 7 percent interest rate to regular citizens and 7.5 percent to senior citizens. Bank Regular Senior Citizens …

SBI loan disbursements in Telangana race past ₹10,000 cr. in current fiscal
3 months, 1 week ago

SBI loan disbursements in Telangana race past ₹10,000 cr. in current fiscal

The Hindu  

State Bank of India home and home-related loan disbursements this fiscal in Telangana raced past the ₹10,000 crore mark in the eight months ended November, SBI Hyderabad Circle said on Monday. Besides home loan, SBI has a wide range of related products such as personal loan against property ; home loan top-up; Maxgain -Hybrid; and NRI home loan which are …

HDFC Bank vs ICICI Bank: Which private sector lender to choose in long term?
3 months, 2 weeks ago

HDFC Bank vs ICICI Bank: Which private sector lender to choose in long term?

Live Mint  

HDFC Bank vs ICICI Bank: The private banking sector in India is dominated by two stalwarts, HDFC Bank and ICICI Bank, offering investors a blend of stability and growth potential. HDFC Bank vs ICICI Bank: A Comparative Look at Q2FY25 Earnings HDFC Bank reported a 5.3 percent year-on-year increase in standalone net profit to ₹16,821 crore in Q2FY25, compared to …

Gross bad assets of government banks fell from 14.58% in Mar 2018 to 3.12% in Sep 2024: Finance ministry
3 months, 2 weeks ago

Gross bad assets of government banks fell from 14.58% in Mar 2018 to 3.12% in Sep 2024: Finance ministry

Live Mint  

The government said on Thursday that policy reforms in the financial sector have restored the health of the banking sector, with the gross non-performing asset ratio of public sector banks falling to 3.12% in September 2024 from a peak of 14.58% in March 2018 and 4.97% in March 2015. The marked improvement also saw PSBs record their highest-ever aggregate net …

India: Gross NPAs of PSBs at ₹3.16L Cr, Govt Reports
3 months, 2 weeks ago

India: Gross NPAs of PSBs at ₹3.16L Cr, Govt Reports

Deccan Chronicle  

New Delhi: The gross non-performing assets of public sector banks stood at Rs 3.16 lakh crore as of September 30, which is 3.09 per cent of the outstanding loans, while gross NPAs as percentage of outstanding loan is 1.86 per cent in private sector banks, the government said on Tuesday. Informing to the Parliament, minister of state for finance Pankaj …

Market Cap of top 6 listed companies jumps ₹2 lakh crore; TCS, HDFC Bank lead the rally
3 months, 3 weeks ago

Market Cap of top 6 listed companies jumps ₹2 lakh crore; TCS, HDFC Bank lead the rally

Live Mint  

The combined market valuation of six out of the top 10 most-valued Indian companies soared by ₹2,03,116.81 crore last week, reflecting an optimistic sentiment on Dalal Street. Tata Consultancy Services and HDFC Bank emerged as the biggest gainers, riding the wave of a bullish trend that saw the BSE Sensex climbing 1,906.33 points and the NSE Nifty 50 advancing 546.7 …

Banking reforms need to get a lot more ambitious for the economy’s sake
3 months, 3 weeks ago

Banking reforms need to get a lot more ambitious for the economy’s sake

Live Mint  

The 19 amendments to banking laws that were passed by the Lok Sabha on Tuesday remove various niggles in extant provisions, straighten out some others and make life easier for bank customers, especially a tweak that allows four nominees per account. While more than 90% of India’s nearly 60 million MSMEs are micro sized and best served by specialized non-bank …

Banking revival in 2025: Why strong liability franchises stand to gain
3 months, 3 weeks ago

Banking revival in 2025: Why strong liability franchises stand to gain

Live Mint  

Indian bank stocks are waiting for their moment in the sun. Read this | Private lenders see stress in credit cards, personal loans in Q2 Elevated deposit costs and sluggish base growth weighed heavily on net interest margins for both public and private banks. Public vs private banks Credit costs for private banks increased by 10 basis points sequentially, with …

Banking stocks shine ahead of RBI MPC meeting outcome; HDFC Bank, ICICI Bank, SBI among 8 top picks of experts
3 months, 3 weeks ago

Banking stocks shine ahead of RBI MPC meeting outcome; HDFC Bank, ICICI Bank, SBI among 8 top picks of experts

Live Mint  

Several banking stocks, including HDFC Bank, ICICI Bank and SBI, traded with healthy gains on Wednesday, December 4, fuelled by hopes of supportive monetary policy from the Reserve Bank of India after recent macroeconomic data signalled a slowdown in India's growth momentum. Abhishek Pandya, a research analyst at Stoxbox, pointed out that the Nifty Bank has risen by 6 per …

HDFC Bank Hits Milestone With Market Cap Surpassing Rs 14 Trillion
4 months ago

HDFC Bank Hits Milestone With Market Cap Surpassing Rs 14 Trillion

ABP News  

HDFC Bank, India’s largest private sector lender, achieved a significant milestone as its market capitalisation crossed the Rs 14 trillion mark for the first time during Thursday’s intra-day trading on the BSE. The bank's shares soared to a record high of Rs 1,832.75, gaining 1.2 per cent in intra-day trade. Outperforming the Market Over the past six months, HDFC Bank’s …

BFSI Stock Picks: ICICI Bank, SBI among Mirae Asset’s top 10 picks for investors after mixed Q2; Should you buy or hold?
4 months ago

BFSI Stock Picks: ICICI Bank, SBI among Mirae Asset’s top 10 picks for investors after mixed Q2; Should you buy or hold?

Live Mint  

Indian banks and non-banking financial companies reported a mixed performance for the July-September quarter of current fiscal on margin compression, an increased credit cost and a slowdown in credit growth. BFSI Q2FY25 Review The bank’s credit growth figure eased to 14.8 per cent year-on-year in Q2FY25, compared to 15.4 per cent YoY in Q1FY25 and 14.9 per cent YoY in …

Rising Defaults Among Retail Borrowers are Stressing India’s Top Banks
4 months, 1 week ago

Rising Defaults Among Retail Borrowers are Stressing India’s Top Banks

The Quint  

Given that India’s economic growth relies heavily on domestic consumption, any slowdown in lending could ripple through the broader economy, impacting sectors dependent on consumer spending. Moreover, as banks shift their focus from retail to secured loans to mitigate risks, small and medium enterprises could face reduced access to capital, hindering job creation and slowing down economic expansion. In October, …

SBI, HDFC Bank and ICICI Bank are India's 3 best banks, says RBI
4 months, 2 weeks ago

SBI, HDFC Bank and ICICI Bank are India's 3 best banks, says RBI

Hindustan Times  

The Reserve Bank of India has designated State Bank of India, HDFC Bank and ICICI Bank as Domestic systemically important banks, PTI reported. HDFC Bank, the largest private sector lender, continues to be bracketed in bucket 2, under which it will have to maintain a higher CET1 by 0.40 per cent, the PTI report added. "Hence, up to March 31, …

SBI, HDFC Bank and ICICI Bank are India's 3 best banks, says RBI
4 months, 2 weeks ago

SBI, HDFC Bank and ICICI Bank are India's 3 best banks, says RBI

Hindustan Times  

The Reserve Bank of India has designated State Bank of India, HDFC Bank and ICICI Bank as Domestic systemically important banks, PTI reported. Photographer: Dhiraj Singh/Bloomberg {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} The SBI continues to be remain in the top 4, which requires the country's largest lender to keep an additional CET1 of 0.80 per cent, as per the list.The Reserve …

EMIs to go up? SBI raises lending rates by 5 basis points for THESE tenures. Check details
4 months, 2 weeks ago

EMIs to go up? SBI raises lending rates by 5 basis points for THESE tenures. Check details

Live Mint  

State Bank of India has raised the marginal cost of funds based lending rates, MCLR, with effect from Friday. New lending rates with effect from Nov 15 Tenures Existing rate New rate Over night 8.20 8.20 One month 8.20 8.20 Three month 8.50 8.55 Six month 8.85 8.90 One year 8.95 9.00 Two years 9.05 9.05 Three years 9.10 9.10 …

SBI, HDFC Bank, ICICI Bank remain Domestic Systemically Important Banks in 2024: RBI
4 months, 2 weeks ago

SBI, HDFC Bank, ICICI Bank remain Domestic Systemically Important Banks in 2024: RBI

Deccan Chronicle  

Mumbai: State Bank of India, HDFC Bank and ICICI Bank have again been named as Domestic Systemically Important Banks by the Reserve Bank of India. HDFC Bank, the largest private sector lender, continues to be bracketed in bucket 2, under which it will have to maintain a higher CET1 by 0.40 per cent. “Hence, up to March 31, 2025, the …

RBI retains SBI, HDFC, ICICI as India’s too-big-to-fail banks
4 months, 2 weeks ago

RBI retains SBI, HDFC, ICICI as India’s too-big-to-fail banks

Live Mint  

India’s central bank, the Reserve Bank of India, announced on Wednesday that the State Bank of India, HDFC Bank, and ICICI Bank remain designated as domestic systemically important banks. According to the RBI, SBI and HDFC Bank will face heightened capital buffer requirements beginning April 1, 2025. PSBs vs Private banks Separately, a recent report by SBI highlighted robust financial …

SBI delivers strong results. Is it still lagging competition?
4 months, 2 weeks ago

SBI delivers strong results. Is it still lagging competition?

Live Mint  

MUMBAI : The results of State Bank of India, the country's largest lender by assets, were keenly awaited to understand the impact of higher deposit rates on its operational performance. The September quarter performance The impact of higher deposit rates is visible in SBI’s results—its net interest margin for domestic operations was 3.27% in the second quarter of 2024-25 vis-à-vis …

At India’s largest bank, all eyes on premium customers
4 months, 2 weeks ago

At India’s largest bank, all eyes on premium customers

Live Mint  

Mumbai: State Bank of India may be taking the higher road as it joins the scramble for customer funds without resorting to a rate war, but its outlook signals an extended industry struggle for deposit growth. India’s largest bank on Friday tempered its guidance on deposit growth to 10-11% from 12-13% for 2024-25 as customers might have now found more …

HDFC bank sells $717 million of home loans to reduce credit book
6 months ago

HDFC bank sells $717 million of home loans to reduce credit book

Hindustan Times  

Indian lender HDFC Bank Ltd. has sold a housing loan portfolio of about 60 billion rupees, seeking to further lighten its credit load amid regulatory pressures on the industry. The deals confirm India’s largest bank in market value is intensifying efforts to shrink its retail loan portfolio amid heightened regulatory pressure to improve the sector’s credit-deposit ratios {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} …

SBI raises lending rate by 10 basis points across tenures from August 15: Will loan EMIs go up?
7 months, 2 weeks ago

SBI raises lending rate by 10 basis points across tenures from August 15: Will loan EMIs go up?

India TV News  

The State Bank of India, the largest state-owned bank in India, has announced an increase in its lending rates by 10 basis points across tenors, effective from August 15, 2024. Introduced in April 2016 as a replacement for the base rate system, the MCLR is used as a benchmark for setting lending rates unless specific exceptions are approved by the …

Home Loan Interest Rates Comparison: SBI, PNB, ICICI Bank & HDFC Bank, Check Details Here
7 months, 2 weeks ago

Home Loan Interest Rates Comparison: SBI, PNB, ICICI Bank & HDFC Bank, Check Details Here

News 18  

Home Loan Interest Rate Comparison 2024: Navigating the home loan market can be challenging, especially with interest rates that can fluctuate and significantly affect your long-term financial plans. Home Loan Interest Rate Comparison Below is the list of floating interest rates of various banks; SBI Home Loan Interest Rates The State Bank of India offers multiple options for home loans. …

HDFC Bank Q1 Results: Profit Surges 35% YoY At Rs 16,175 Crore
8 months, 1 week ago

HDFC Bank Q1 Results: Profit Surges 35% YoY At Rs 16,175 Crore

ABP News  

HDFC Bank, India's largest private sector lender, announced a 35 per cent year-on-year growth in net profit to Rs 16,175 crore for the quarter ending June 2024, supported by robust net interest income and reduced provisions. However, compared sequentially, the lender's net profit declined by 2 per cent from Rs 16,511.85 crore in Q4FY24, primarily due to slower income growth …

Indian financial system remains largely unaffected from Microsoft outage
8 months, 1 week ago

Indian financial system remains largely unaffected from Microsoft outage

Deccan Chronicle  

The Indian financial and payments systems remained largely unaffected by the Microsoft services outage, though about 10 banks and NBFCs faced minor disruptions which have either been resolved or are being fixed.A widespread Microsoft outage disrupted flights, banks, media outlets and companies around the world on Friday. Escalating disruptions continued hours after the technology company said it was gradually fixing …

Government may introduce amendments to laws to push banking sector reforms in Budget session
8 months, 2 weeks ago

Government may introduce amendments to laws to push banking sector reforms in Budget session

The Hindu  

The government is likely to introduce amendments to Banking Regulation Act 1949 and other laws to push banking sector reforms during the upcoming Budget session. Apart from this, amendments in the Banking Companies Act, 1970, and the Banking Companies Act, 1980 are needed for privatisation of public sector banks, sources said. Amendments, if approved by Parliament, would help bring down …

Bank lending to NBFCs jump 26% to Rs 15.6 trillion
8 months, 2 weeks ago

Bank lending to NBFCs jump 26% to Rs 15.6 trillion

New Indian Express  

MUMBAI: Despite the Reserve Bank of India massively hiking the risk capital weighting on banks’ exposure to non-banks last November, the same has been rising unabated clipping at 26 per cent in May 2024, to go past Rs 15.6 trillion. In May 2024, mutual funds debt exposure to NBFCs rose to 13.3 per cent of banks advances to NBFCs, which …

Bears flock to HDFC Bank counter as loan, deposit growth slows
8 months, 3 weeks ago

Bears flock to HDFC Bank counter as loan, deposit growth slows

Live Mint  

Mumbai: Bears have flocked to the derivatives counter of HDFC Bank after the lender reported slower loan growth and flat deposit growth in the June quarter last week. Joshi, ED, Khambatta Securities, said the pain of the merger of HDFC into the lender could last for a "few more years " but added he doesn't expect a "big correction" after …

State Bank of India to raise USD 3 billion through debt in FY2025, shares rise
9 months, 2 weeks ago

State Bank of India to raise USD 3 billion through debt in FY2025, shares rise

Live Mint  

India's largest lender State Bank of India, announced on June 11 that its board has approved a plan to raise up to $3 billion through debt in the current financial year, as per an exchange filing. The state-owned financial institution plans to secure the funds in multiple tranches via either a public offering or private placement of senior unsecured notes. …

SBI Share price: State Bank of India’s stocks surge to all-time high, market cap crosses ₹8 lakh crore
9 months, 3 weeks ago

SBI Share price: State Bank of India’s stocks surge to all-time high, market cap crosses ₹8 lakh crore

The Hindu  

The market capitalisation of the State Bank of India crossed the ₹8 lakh crore mark on June 3 after the bank's shares surged to a record high of ₹907. Finance Minister Nirmala Sitharaman has recently posted on social media that India's banking sector has achieved a significant milestone by recording its highest-ever net profit, exceeding ₹3 lakh crore. In the …

Banks should improve corporate loans, keep deposit base healthy
10 months ago

Banks should improve corporate loans, keep deposit base healthy

New Indian Express  

For the first time ever, the cumulative net profits of Indian banks surpassed Rs 3 lakh crore in 2023-24, up from Rs 2.3 lakh crore in 2022-23. While the 26 private lenders’ net profits shot up 42 percent to Rs 1.78 lakh crore, the 12 public sector banks reported net profits of Rs 1.41 lakh crore in 2023-24, a 34 …

TCS, Infosys, SBI, ITC, HUL, ICICI Bank biggest losers, suffer ₹1.4 lakh crore loss in market capitalisation
11 months, 1 week ago

TCS, Infosys, SBI, ITC, HUL, ICICI Bank biggest losers, suffer ₹1.4 lakh crore loss in market capitalisation

Hindustan Times  

Except mostly for HDFC Bank and Reliance Industries, for most stock market participants, it was a week not to remember. TCS, Infosys, SBI, ITC, HUL, and ICICI Bank dropped as much as ₹ 1.4 lakh crore in market capitalisation last week. Among the banks in the top 10 list, ICICI Bank market capitalisation fell by ₹26,423.74 crore to ₹7,49,023.89 crore. …

Despite RBI measures, unsecured personal loans by banks grow; ICICI leads pack
11 months, 1 week ago

Despite RBI measures, unsecured personal loans by banks grow; ICICI leads pack

New Indian Express  

Mumbai: The second largest private sector lender ICICI Bank has the highest exposure in the unsecured personal loan segment at 13.8 percent, while at the system level it is 8.7 percent as of the December 2023 quarter, according to an analysis. The system-wide exposure has more than doubled since March 2018 when it was only 4 percent, while the system …

5 PSU Banks To Lower Govt Shareholding To Comply With MPS Norms: DFS Secretary
1 year ago

5 PSU Banks To Lower Govt Shareholding To Comply With MPS Norms: DFS Secretary

ABP News  

Five public sector lenders, including Bank of Maharashtra, IOB and UCO Bank are planning to reduce government stake to less than 75 per cent to comply with Sebi's minimum public shareholding norms, Financial Services Secretary Vivek Joshi has said. It is followed by Chennai-based Indian Overseas Bank at 96.38 per cent, UCO Bank 95.39 per cent, Central Bank of India …

HDFC Bank Vs ICICI Bank Vs SBI: Check Detailed FD Interest Rates Comparison
1 year, 1 month ago

HDFC Bank Vs ICICI Bank Vs SBI: Check Detailed FD Interest Rates Comparison

News 18  

HDFC Bank Vs SBI Vs ICICI Bank FD Rates: Fixed-income instruments, like small savings schemes, bank FD and G-Sec, have been a sought-after route for those investors who are looking for a stable return with low risk. ICICI Bank is offering FD rates up to 7.60 per cent annually and SBI is giving up to 7.50 per cent a year. …

India needs more SBI-sized banks, or three times larger: FM Nirmala Sitharaman
1 year, 1 month ago

India needs more SBI-sized banks, or three times larger: FM Nirmala Sitharaman

Live Mint  

New Delhi: India needs more “SBI-size” banks to meet the growing needs of the economy and industry, particularly as the country aspires to grow to be the world’s third-largest economy, finance minister Nirmala Sitharaman said. In an interview with Mint, the finance minister said the country needs to create an atmosphere so larger overseas banks can enter India, and more …

SBI Q3 net slips 35% on wages, pension
1 year, 1 month ago

SBI Q3 net slips 35% on wages, pension

The Hindu  

State Bank of India reported third quarter net profit plunged 35.49% to ₹9,164 crore as compared with ₹14,205 crore in the year ago period due to a one-time provisioning of ₹7,100 crore toward wage hikes and pension liabilities, its chairman Dinesh Khara said at a press conference. Out of the ₹7,100 crore the bank provided ₹5,400 crore to correct the …

Pvt banks see muted Q3, challenges ahead
1 year, 2 months ago

Pvt banks see muted Q3, challenges ahead

Live Mint  

Mumbai: Higher provisions and lower margins marked the October-December quarter earnings of most private sector banks, as they reported muted numbers. Despite the margin contraction, ICICI Bank reported a 24% rise in net income to ₹10,270 crore at the end of December quarter, higher than market estimates. Kotak Mahindra Bank’s Casa ratio dipped to 47.7% at the end of the …

Small finance, payments banks growing sustainably: Experts at Mint BFSI Summit
1 year, 2 months ago

Small finance, payments banks growing sustainably: Experts at Mint BFSI Summit

Live Mint  

New Delhi: Small finance banks and payments banks, constituted under the differentiated banking license policy of the Reserve Bank of India, have seen sustainable growth throughout their existence, industry experts said at the Mint BFSI Summit and Awards 2024 on Thursday. That means they have touched the lives of 100 million Indians, or 7% of the population, in under seven …

SBI Vs HDFC Bank Vs ICICI Bank: Check Detailed FD Interest Rate Comparison
1 year, 3 months ago

SBI Vs HDFC Bank Vs ICICI Bank: Check Detailed FD Interest Rate Comparison

News 18  

SBI Vs HDFC Bank Vs ICICI Bank: Even as SBI hiked its interest rates on fixed deposits below Rs 2 crore, the FD savings have become a lucrative fixed-income instrument beating inflation by a comfortable margin. ICICI Bank is offering FD rates up to 7.60 per cent annually and SBI is giving up to 7.50 per cent a year. HDFC …

SBI Vs PNB Vs ICICI Bank: Check Detailed Comparison of Latest FD Interest Rates
1 year, 4 months ago

SBI Vs PNB Vs ICICI Bank: Check Detailed Comparison of Latest FD Interest Rates

News 18  

SBI Vs PNB Vs ICICI Bank FD Interest Rates: The interest rates in the country are at elevated levels with both loans and deposits currently being costlier. ICICI Bank is offering up to 7.60 per cent annual interest rates on FD, depending upon deposit tenure and depositor’s age. SBI is offering FD rates up to 7.50 per cent annually and …

Not SBI, this public sector bank offers higher FD interest rates; check details
1 year, 4 months ago

Not SBI, this public sector bank offers higher FD interest rates; check details

News 18  

The State Bank of India, the largest public sector bank in the country, is often the first choice for Indians to open Fixed Deposits. To make things easier for investors, we have curated a list of public sector banks that offer best FD interest rates for a 3-year term. Bank of Baroda Bank of Baroda is currently offering the highest …

HDFC Bank's Home Loan Portfolio Rises To Rs 48,000 Crore In Q2 Post-Merger With HDFC
1 year, 5 months ago

HDFC Bank's Home Loan Portfolio Rises To Rs 48,000 Crore In Q2 Post-Merger With HDFC

ABP News  

HDFC Bank's approved home loans amounting to Rs 48,000 crore during the July-September quarter of the financial year 2023-24. In the second quarter, the bank's retail loan portfolio saw an 85 per cent surge compared to the previous quarter and a significant 111.5 per cent increase over the same period last year. This reflects a 4.9 per cent increase over …

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