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State Bank Of India Sbi
Business  /  Published 04.03.21

HDFC cuts home loan rates

HDFC, the country’s largest housing finance company (HFC), on Wednesday said it has cut its rates by five basis points. HDFC’s loans will now start from 6.75 per cent. The mortgage lender...
By Our Special Correspondent in Mumbai

Business  /  Published 03.03.21

Kotak Bank cuts home loan rates

Kotak Mahindra Bank has announced a 10 basis points reduction in its home loan rates for a limited period. The private sector lender is offering 6.65 per cent to its customers, which it says is the lo...
By Our Special Correspondent in Mumbai

Business  /  Published 02.03.21

SBI cuts home loan rates

The State Bank of India has reduced its interest rates on home loans by up to 10 basis points, with loans now starting from 6.70 per cent.   The new rates are based on the loan amount and t...
By Our Special Correspondent in Mumbai

Business  /  Published 23.02.21

Short-selling in bonds adds to woes

The RBI continues to struggle to put a cap on rising bond yields with the rates on the 10-year paper refusing to come down below 6 per cent, a phenomenon that has been compounded by two factors &mdash...
By Our Special Correspondent in Mumbai

Business  /  Published 21.02.21

SBI Yono app for merchants

State Bank of India (SBI) is taking Yono — its flagship digital offering — to the merchant community. The SBI on Saturday said its subsidiary SBI Payments will launch the Yono Merchant ap...
By Our Special Correspondent in Mumbai

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Business  /  Published 11.02.21

SBI to double home loan biz

State Bank of India (SBI) is eyeing an ambitious growth in its home loan book after having achieved the milestone of Rs 5 lakh crore of such loans. The country’s largest lender is looking to dou...
By Our Special Correspondent in Mumbai

Business  /  Published 10.02.21

Economy to contract by 7 per cent in FY21: SBI

  Pencilling in a GDP growth in third and fourth quarters, SBI Research on Wednesday revised its contraction forecast for the current fiscal year to 7 per cent. The agency had earlier forecast ...
By Our Bureau, Agencies in Mumbai

Business  /  Published 05.02.21

SBI profit drops 7% but beats estimates

State Bank of India (SBI) topped Street estimates even though it posted  nearly a 7 per cent drop in standalone net profit for the December quarter of 2020 on higher provisions. The country&rsqu...
By Our Special Correspondent in Mumbai

Business  /  Published 19.01.21

Yes Bank to raise funds

Private sector lender Yes Bank on Monday said its board will meet on January 22 to discuss a fund raising proposal. The bank’s board will also discuss results for the December quarter at the mee...
By Our Special Correspondent in Mumbai

Business  /  Published 09.01.21

SBI home loan sop to select borrowers

State Bank of India (SBI) on Friday announced a concession on home loan  rates and waived processing fees as it sought to cash in on the revival in the real estate sector. The country’s la...
By Our Special Correspondent in Mumbai


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