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 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…
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…
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…
AMFI Mutual Fund Data: The mutual fund industry saw strong growth in new SIP accounts in the April-June quarter of 2025. Around 1.67 crore new SIPs were added, up from 1.41 crore in the previous quarter, according to AMFI. Markets have been volatile, and Nifty 50’s gains this year have been modest. But retail investors seem…
SBI Q1 Results: State Bank of India (SBI) reported strong numbers for the June quarter, with net profit rising 12.5 per cent from last year to Rs 19,160 crore, compared to Rs 17,035 crore in the same quarter of the previous year. The figure came in above Zee Business’ estimate of Rs 17,010 crore. The bottom-line…