Several banks such as Bank of Baroda, Punjab National Bank, Uco Bank and Bank of India have announced a reduction in their ...

The State Bank of India (SBI) has responded to the RBI’s recent 50-basis-point repo rate cut by reducing key lending rates and tweaking its special fixed deposit scheme. This move could lower EMIs for ...

The country’s largest lender State Bank has slashed the interest rate on savings bank deposits by a hefty 25-50 bps to 2.5% ...

MUMBAI: The State Bank of India has cut its lending rates by 50 basis points and reduced deposit rates under its special ...

SBI to offload ₹1,550-crore stressed loan exposure in Regen Power to clean up its books; auction reserve price set at ₹240 ...

SBI chairman CS Setty noted that retail loan growth is likely to strengthen significantly, supported by improved borrower ...

Public sector banks saw 13.1 per cent loan growth in the financial year 2024-25, beating private banks' 9 per cent for the ...

The report noted that the immediate impact will be seen on loans linked to the external benchmark lending rate, which make up ...

The report notes that rate-cutting cycles typically last for about two years, which means the interest burden for households ...