sbi Archives - Topnewsplus

444-Day Special FDs: SBI, Punjab and Sind Bank, IOB and more—Which PSU bank offers highest return on Rs 12,22,222 or Rs 14,44,444 investment?

Topnewsplus1 day ago04 mins

444-Day Special FDs: Several Indian banks continue to offer a special fixed deposit with a 444-day tenure that has been popular among conservative investors seeking stable and guaranteed returns. While fixed deposits have lost some ground to equities, mutual funds and other market-linked options, banks are keeping interest alive through limited-period schemes that carry slightly…

SBI urges RBI to permit banks to fund mergers and acquisitions

Topnewsplus5 days ago03 mins

The country’s largest lender State Bank of India (SBI) has requested the Reserve Bank of India (RBI) to allow banks to fund acquisitions, the bank’s chairman Challa Srinivasulu Shetty said on Monday. Currently, Indian banks are not allowed to lend for mergers and acquisitions. Because of this rule, when companies plan to buy other businesses, they usually turn to non-banking…

After CBI raids at residence, Anil Ambani strongly denies allegations in SBI complaint, says he’s being singled out selectively

Topnewsplus6 days ago04 mins

Reliance Group chairman Anil Ambani has strongly denied the allegations made in a complaint by State Bank of India (SBI) after CBI investigators carried out searches at his residence. According to Ambani’s spokesperson, the complaint pertains to matters dating back more than 10 years, when Ambani was a non-executive director with no role in the…

National Senior Citizens Day Special: PSU banks 444-day special FD; compare maturity on Rs 10,00,000 investment

Topnewsplus1 week ago04 mins

National Senior Citizens Day is celebrated on August 21 every year. The day is observed to honour the contributions of older adults to society. The former President of the USA, Ronald Reagan, officially proclaimed August 21st as National Senior Citizens Day in 1988. People celebrate National Senior Citizens Day by spending time with elderly loved…

New borrowers to pay more as SBI hikes home loan rates by 25 bps–Check details

Topnewsplus2 weeks ago03 mins

Despite Reserve Banks of India’s repo rate cut to 5.5 per cent, aimed at easing borrowing costs, India’s largest mortgage lender, State Bank of India (SBI), has increased home loan rates by 25 basis points for new borrowers. The bank raised the upper band of interest rates by 25 basis points. SBI’s interest rates for home…

SBI unveils special Rs 4 lakh collateral-free loan scheme for Agniveers

Topnewsplus2 weeks ago03 mins

The State Bank of India on Thursday launched a special personal loan scheme for Agniveers in the Indian Army on the occasion of the 79th Independence Day. Under this loan scheme, Agniveers with a salary account at SBI can avail loans up to Rs 4 lakh without any collateral or processing fee, the bank said…