Tue, Dec 03, 2024
State Bank of India’s Amrit Vrishti is a 444-day fixed deposit (FD) scheme launched on July 15, 2024. Among all SBI FDs, this scheme offers the highest interest rate to senior citizens. On the other hand, Bank of India's 400-day fixed deposit (FD) scheme offers highest rate to senior citizens than other banks FDs. Here, we will find out the maturity amounts of Rs 4 lakh and Rs 8 lakh investments in fixed deposits for general and senior citizens.
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Mon, Dec 02, 2024
Compare RD returns from SBI, Canara Bank, HDFC, ICICI, and Post Office for a Rs 5,000 monthly investment over 5 years. Know interest rates, maturity amounts and the best options for higher returns.
Wed, Nov 27, 2024
With the raising of Rs 10,000 crore from infra bonds, SBI's total fundraise has touched Rs 50,000 crore so far during the current financial year.
Mon, Jun 17, 2024
As far as deposits are concerned, Chairman Dinesh Khara said, it grew by 11% last year.
Tue, May 28, 2024
The investment was made via the Neev II Fund, managed by SBICAP Ventures which is a State Bank of India (SBI) group company.
Wed, May 15, 2024
SBI hikes fixed deposit rates: State Bank of India, the country's largest lender, has increased its fixed deposit (FD) interest rates in select maturities. The hike ranges from 0.25 per cent to 0.75 per cent, which means you are going to get more benefits on deposits.
Thu, May 02, 2024
This landmark transaction marks Avaada's first endeavour in developing a greenfield project under an existing Special Purpose Vehicle.
Wed, Apr 17, 2024
Banks such as State Bank of India (SBI), Bank of Baroda (BoB), ICICI Bank, HDFC Bank, Punjab National Bank (PNB) and Canara Bank offer up to 7.75% interest rate on 5-year FDs to senior citizens, as per Paisabazaar.com data.
Tue, Apr 16, 2024
Fixed deposit (FD) is a scheme run by post office as well as banks, small finance banks, and non-banking finance companies (NBFCs). Investors keen on non-market-linked investment products invest in FDs since they provide guaranteed returns. Like many other banks, State Bank of India (SBI) also provides additional interest rates to senior citizens on most of its FDs.
Mon, Apr 15, 2024
According to the report by SBI researchers, the total amount of deposits has risen by 143 per cent in the last five years to Rs 34 lakh crore at the end of FY24 from Rs 14 lakh crore.
Tue, Mar 26, 2024
SBI Debit Card Charges: With effect from April 1, 2024, SBI will levy Rs 75 more (excluding GST) from its customers holding debit cards as annual maintenance charges, according to the bank’s website, sbi.co.in. The existing annual maintenance charges of Rs 125 plus GST applicable to SBI's Classic, Silver, Global and Contactless debit cards will be revised to Rs 200 plus GST from the new financial year. Similarly, the bank will revise the maintenance fees for Yuva, Gold and Combo Debit cards from Rs 175 plus GST to Rs 250 plus GST. Here are all other details you need to know about SBI’s move to raise its annual debit card fees:
Fri, Mar 01, 2024
In a research report titled "When 8 per cent becomes the new normal: Decoding the new normals of a GDP on swing," the State Bank of India's Economic Research Department unveils key insights into India's economic landscape, shedding light on the recent GDP surge and providing projections for the future.
Mon, Jan 01, 2024
State Bank of India's SBI Amrit Kalash Fixed Deposit (FD) scheme has attracted investor attention given its fixed interest rate, guaranteed return, and duration. The scheme was started for 400 days with December 31, 2023 as the deadline which has now been extended to March 31, 2024. As the Year 2024 begins, here is how much you can earn in this SBI FD scheme.
Thu, Dec 21, 2023
State Bank of India gives 3 per cent to 6.5 per cent annual interest to regular customers and 3.5 per cent to 7.5 per cent to senior citizens on fixed deposits (FDs) of different maturities.
State Bank of India (SBI) said it will sign a 200 million euro (about Rs 1,800 crore) Line of Credit (LoC) with the European Investment Bank (EIB) for supporting climate action projects in the country.
Tue, Nov 21, 2023
The portfolio was with Alok Kumar Choudhary earlier. Choudhary has been entrusted with the new responsibility of Managing Director looking after Risk, Compliance & Stressed Assets Resolution Group (SARG).
Fri, Nov 17, 2023
“We are continuing to invest in Yono Global to offer the best services available as we want to give superior experience to our customers,” Krishnan told PTI at the three-day Singapore Fintech Festival (SFF), which ends on November 17.
Wed, Nov 01, 2023
The fund was raised through Basel III compliant Tier 2 Bonds carrying a coupon rate of 7.81 per cent. The bonds are issued for a tenor of 15 years, with the first call option after 10 years, SBI said in a statement.
Thu, Oct 26, 2023
The company announced the successful closure of the funding round from Temasek-led investors and State Bank of India.
Under the PMJJBY scheme, individuals can obtain life insurance coverage, while PMSBY offers accidental insurance cover of Rs 2.00 lakh each, all at an affordable premium of Rs 436 and Rs 20 per annum, respectively.
Fri, Oct 20, 2023
The bank stated that SBI Card customers from major cities to tier 2 and tier 3 cities can look forward to a season filled with savings.
Mon, Sep 25, 2023
RBI fines SBI, Indian Bank and Punjab & Sind Bank: The Reserve Bank of India (RBI) on Monday imposed fines on State Bank of India (SBI), Indian Bank, Punjab & Sind Bank, and Fedbank Financial Services for violating various norms set by the central bank.
India's retail inflation in August was over RBI's 6 per cent target at 6.83 per cent largely due to a spurt in vegetable and fruit prices, but experts see upside risks are balanced.
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