On Tuesday, the Reserve Bank of India (RBI) announced a trial programme for central bank digital currency (CBDC) for consumers beginning on December 1. The RBI stated that the digital rupee....Continue Reading

The State Bank of India (SBI) board announced on Tuesday that it had authorized the issuance of infrastructure bonds to raise 10,000 crore during the fiscal year 2023. "Raising Infrastructure Bonds....Continue Reading

The Standard Chartered Bank, which has been operating in India for more than 160 years, was one of the first foreign banks to do so. The bank operates a nationwide network....Continue Reading

 Seniors frequently choose to invest in safe investments that offer higher returns. The fixed deposit is one of the conventional investment alternatives that older adults trust the most. Recently, private lenders....Continue Reading

On Thursday, it was reported that ICICI Bank, Axis Bank, and SBI Life Insurance would each buy a 10% stake in the proposed joint venture between Chennai Petroleum and Indian Oil....Continue Reading

Bank of Baroda (BoB), one of the top lenders in the public sector, today announced a temporary 25 bps interest rate cut on home loans. One of the lowest house loan....Continue Reading

Bajaj Lending, a non-banking finance company, has increased deposit rates for the third time in as many months to protect against liabilities as the sector competes for capital in a level....Continue Reading

The interest rate of DBS Bank on fixed deposits under Rs. 2 crore has been revised. The lender's official website states that the revised or new interest rates are valid as....Continue Reading

Senior Citizens can now receive Fixed Deposit interest rates of up to 9% from Unity Small Finance Bank. Unity Small Finance Bank has today raised the interest rates it offers on....Continue Reading

HDFC Bank, the leading private sector lender, has reduced interest rates on fixed deposits of more than 2 crore to less than 5 crore. According to the bank's official website, the....Continue Reading

Axis Bank, India's third-largest private lender, will shift its focus to mid-corporate and working capital loans, away from longer-term lending and larger infrastructure-related loans, according to a top executive on Friday.....Continue Reading

According to CNBC TV-18 sources, the central government is seeking an extension from the markets regulator for the 25 percent minimum public shareholding (MPS) norm for IDBI Bank following privatization. On....Continue Reading

Bank of Baroda (BoB) has raised its fixed deposit interest rates while also offering a return of up to 7.5 percent under its special fixed deposit. With effect from November 14,....Continue Reading