The State Bank (SBI) has reduced interest rates on housing loans to 6.70 per cent. The lender will now offer an interest rate of 6.70 per cent for loans up to Rs 30 lakh and 6.95 per cent for loans of...

PowerGrid Infrastructure Investment Trust on Wednesday raised a little over Rs 3,480 crore from anchor investors ahead of its initial public offer, which opens for subscription on Thursday. Meanwhile...

Religare Finvest Ltd is gearing up for new business after its debt restructuring plan was approved by a consortium of 18 lenders led by SBI, Religare Enterprises chairperson Rashmi Saluja said. RFL, ...

The government had decided to withdraw steep cuts in small savings amid ongoing assembly elections in certain states, including Bengal which commands the highest share in small savings collections in ...

The country’s largest lender, the State Bank of India (SBI), on Wednesday said it has raised an additional $1 billion (around Rs 7,350 crore) loan from Japan Bank for International Cooperation (...

Lenders to the Shapoorji Pallonji group led by the State Bank of India (SBI) have given their green signal to a Rs 10,900cr debt recast package plan for the group. The proposal is now before the K.V....

Meanwhile, more than 3,000 employees from around 250 branches of different public sector banks of Dhanbad are also bracing up for the two days of the nationwide strike of the bank unions on March 15 a...

ICICI Bank on Friday has cut interest rates on home loans to 6.70 per cent on a par with market leader SBI, as part of a limited period offer.   The second largest private sector lender said the...

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...

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...