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SBI raises lending rates by 5 to 10 basis points; New loans to cost more

The State Bank of India (SBI) on Monday announced an increase in its Marginal Cost of Funds Based L…

ANI   


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2 mins read

SBI economists see Q2 GDP growth slowing down to 6.5%; FY25 growth to be closer to 7%

Economists at SBI predict a dip in India's GDP growth to 6.5% for the September quarter, citing pre…

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Indian banks to have steady growth in earning over next 3-4 years, fees from unsecured lending may dip, notes Jefferies report

Jefferies reports Indian banks are poised for steady earnings and return growth over the next 3-4 y…

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SBI report says inflation will remain around 5 per cent this fiscal

Recent data indicates that the Consumer Price Index (CPI) inflation rose to 5.08 per cent in June 2…

ANI   


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SBI able to support loan growth, lower deposit growth not a challenge: Khara

Some experts have been opining that this is due to flow of savings into higher yielding capit…

PTI   


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Sensex soars to 84,928, Nifty settles at 25,939 as stock market closes at all-time high

The stock market closed in the green, with benchmark indices hitting new all-time highs at the end …

ANI   


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RBI expected to hold rates for the 5th time in a row, no cuts likely before Q2FY25

The Reserve Bank of India’s Monetary Policy Committee paused its rate hike cycle from February this…

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Expect RBI to again pause repo rate in February policy meeting: SBI Research

The Monetary Policy Committee of the Reserve Bank of India (RBI) in its February review meeting is …

ANI   


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HDFC raises lending rates on housing loans by 5 basis points

The hike in rates came close on the heels of central bank RBI's recent hike in repo rate by 40 basi…

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3 mins read

RBI's Monetary Policy Committee meeting starts amid expectations of lower rate hike

RBI Governor Shaktikanta Das-headed Monetary Policy Committee (MPC) started its three-day meeting o…

PTI   


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RBI crackdown on personal loans – Bajaj Finance, IIFL, Aditya Birla and SBI Cards to take a bigger hit, say analysts

Reserve Bank of India’s crackdown on personal loan disbursals by banks and non-banking finance comp…

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3 mins read

RBI tightens norms on personal loans for banks and NBFCs; stocks to be under pressure

​​Shares of SBI Cards, RBL Bank, HDFC Bank and ICICI Bank are expected to come under pressure after…

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Banks to reap rewards of interest rate hikes in Q2 earnings

The Indian banking sector is expected to report strong growth in net interest income, margins and l…

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RBI's vigilance: New consumer credit norms to bolster India's financial stability amidst surging loan growth

In a proactive move aimed at mitigating potential systemic risks associated with the rapid growth o…

ANI   


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RBI hikes GDP growth projection for FY24 to 7.3%, keeps rates, stance unchanged

The Reserve Bank of India (RBI)’s rate setting panel – the Monetary Policy Committee – has decided …

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SBI cuts lending rates and makes home loans cheaper within hours of RBI warning

The Reserve Bank of India (RBI) today cut its repo rate or the rate at which it lends to ban…

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4 mins read

Banks in India may have to fight harder for deposits

Fixed income investors in India are spoilt for choice and bank deposits are far down on the list of…

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3 mins read

Loan growth showing signs of reversal from cyclical highs, but asset quality to remain healthy

Loan growth in the Indian banking sector is starting to show signs of reversal from cyclical highs …

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3 mins read

With inflation cooling, RBI may slash interest rates by 50 bps this financial year

In a webinar titled ‘Indian Economy FY24 — A Prognosis’, economists at Bank of Baroda said that the…

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SBI cuts benchmark lending rate by 15 bps; launches spl deposit scheme for senior citizens

To safeguard the interests of senior citizens in the current falling rate regime, the bank has intr…

PTI