Page 2 - Sbi Interest Rates

Higher FD rates will not lure equity market investors for now: Analysts

Over the past few years, the return from the stock market has been far higher amid abundant liquidity that poured in from foreign and domestic investors

SBI to scale up gold loan business, start premium banking services

SBI agriculture cold loan portfolio increased to Rs 73,601 crore in FY22 from Rs 66,878 crore in FY2021 and personal segment, the gold loans book expanded by 9.89 per cent YoY to Rs 23,063 crore

SBI and IDBI Bank join trend, raise their interest rates on deposits

Interest rates on retail term deposits (below Rs 2 crore) of 211 days to less than one-year tenor have been increased by 20 bps to 4.6 per cent. It was 4.4 per cent earlier

SBI joins industry trend, hikes interest rates on retail and bulk deposits

The hike in deposit rates follows the rate action by Reserve Bank of India's (RBI) Monetary Policy Committee in the June monetary policy

SBI scraps processing fees, lists more offers for retail customers

The country's largest lender State Bank of India on Monday announced a slew of offers for its retail customers ahead of the festive season. The bank has announced a 100 per cent waiver on processing fees for its car loan customers across all channels, a release said, adding that customers can get the facility of up to 90 per cent on-road financing for their car loans. The lender is also offering a special interest concession of 25 basis points (bps) to a customer applying for a car loan through YONO. YONO (You Only Need One App) is the mobile banking app of the lender. YONO users can avail car loans at an interest rate starting at 7.5 per cent per annum, the release said. The bank is offering a reduction of 75 bps in the interest rates for customers availing of gold loans. They can avail of gold loans from across all channels of the bank at 7.5 per cent per annum. Moreover, it has waived off the processing fee for all the customers applying for gold loans via YONO, the release ..

State Bank of India slashes home loan interest rates by 25 bps to 6.7%

By February 2021, SBI's home loan portfolio reached Rs 5 trillion-mark

SBI, HDFC Ltd announce end to concessional loan offers

SBI had a special offer in March that offered home loans started from 6.7 per cent.

SBI increases sops for home loans above Rs 75 lakh in festive push

Offers interest rates starting as low as 6.9 per cent for a home loan of up to Rs 30 lakh and 7 per cent for above Rs 30 lakh

Strategies to protect your income in a scenario of falling interest rates

Several products offer better rates, especially for seniors; that said, never try to optimise returns when you need money in the short term

Interest rates have moderated, plenty of liquidity in system: Rajnish Kumar

According to him, the rural economy will play a critical role in the revival process

SBI pares savings account interest rate to 3%, scraps minimum balance fine

No more SMS charges, Home and auto loan customers to gain as MCLR is slashed by 10-15 bps in tenth such cut this year

SBI does away with minimum balance requirement in savings accounts

SBI, India's largest bank, has more than 24,000 branches and over 400 million customers

State Bank of India cuts interest rates on fixed deposits up to 0.5%

In view of the falling interest rate scenario and surplus liquidity, SBI realigns its interest rate on Term Deposits with effect from August 26, 2019, SBI said in a statement

SBI raises interest rates for fixed deposits across tenures after two years

Besides, on bulk deposits of more than Rs 100 million for a tenure of one year to two years, the bank raised the interest rate by 25 basis points to 7.00 per cent