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Indian Bank to hike lending rate by 15-35 bps across tenures
2 years, 1 month ago

Indian Bank to hike lending rate by 15-35 bps across tenures

Live Mint  

The public-sector bank Indian Bank announced the hike of the marginal cost of funds-based lending rate by 15-35 basis points across tenors, the bank said on Tuesday. The benchmark one-year tenor MCLR, which is linked to the majority of consumer loans such as car, auto, and personal, will increase from 7.85 per cent to 8.10 per cent. The overnight MCLR …

Cent Rate Lending Mclr Lending Rate Indian Bank Bank Increase
Repo-rate hike likely to continue; may rise by 75 bps by March next year: Experts
2 years, 7 months ago

Repo-rate hike likely to continue; may rise by 75 bps by March next year: Experts

India Today  

The 40 basis points hike in the benchmark repo rate of the Reserve Bank od India after the off-cycle meeting of the central bank’s monetary policy committee or MPC will lead to a rise in EMIs. WHAT SBI's ECOWRAP SAYS In its latest Ecowrap, the SBI’s economic research unit said that as of December 2021, around 39.2% of the loans …

Bank Liquidity Report Rbi Increase Interest Rate Ghosh
SBI cuts home loan interest rates by 10 basis points to 6.7%; offers additional benefits till 31 March
3 years, 9 months ago

SBI cuts home loan interest rates by 10 basis points to 6.7%; offers additional benefits till 31 March

Firstpost  

Mumbai: The country’s largest lender State Bank of India on Monday said it has reduced interest rates on home loans by up to 10 basis points and is offering loans starting from 6.70 percent rate. The bank said the home loan interest rates will start from 6.70 percent for loans up to Rs 75 lakh and 6.75 percent for loans …

Bank Interest Rates Offering Loans
Benchmark Yields May Jump to 6.4% by March 2022: Report
3 years, 9 months ago

Benchmark Yields May Jump to 6.4% by March 2022: Report

News 18  

In what could be worrying for both the Reserve Bank, which has successfully managed to keep the bond yields under check till January, and also the government in terms of higher interest payout, a report has warned that the benchmark yields can jump to 6.40 per cent by March 2022. Given the likely rate and liquidity normalisation expected next fiscal …

Benchmark Cent Rbi Yields 6 Per Cent
SBI special FD scheme for senior citizens extended till March 31. Details here
4 years ago

SBI special FD scheme for senior citizens extended till March 31. Details here

Live Mint  

State Bank of India special fixed deposit scheme for senior citizens has been extended for the second time. In May, the country's top lender had announced SBI 'WECARE' Senior Citizens' Term Deposit scheme for senior citizens, which was initially till September. SBI special FD scheme for senior citizens: Latest interest rates SBI special FD scheme for senior citizens will fetch …

Interest Senior Citizens Rate Citizens Scheme Senior Special
SBI special FD scheme for senior citizens extended till December 31. Details here
4 years, 3 months ago

SBI special FD scheme for senior citizens extended till December 31. Details here

Live Mint  

State Bank of India special fixed deposit scheme for senior citizens has been extended. SBI special FD scheme for senior citizens is available on fresh deposit and renewal of maturing deposits. Interest rate of SBI special FD scheme for senior citizens SBI special FD scheme for senior citizens will fetch 80 basis points interest rate above the rate applicable to …

Interest Senior Citizens Rate Scheme Interest Rate Deposit Sbi Special
SBI special fixed deposit (FD) for senior citizens: Latest rates here
4 years, 5 months ago

SBI special fixed deposit (FD) for senior citizens: Latest rates here

Live Mint  

Fixed deposits are the most preferred investment tool for senior citizens. SBI special FD scheme for senior citizens: All you need to know 1) Residents of 60 years or more are eligible to invest in SBI Senior citizens special FD scheme. 2) SBI special FD scheme for senior citizens is applicable for tenure of 5 years or more. 5) SBI …

Senior Citizens Rate Scheme Senior Deposit Sbi 7 Days