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In April monetary policy, the RBI cut repo rate by 25 basis points for the second time in a row. In response, banks have ...
In its April monetary policy, the RBI cut the repo rate by 25 basis points—the second reduction in a row—to stimulate ...
State Bank of India, Bank of India and Kotak Mahindra ... liability side as well," The banker said the current account-savings account or the Casa ratio in the banking system has come down ...
Leading banks cut deposit rates following RBI repo rate cut, affecting savings plans, while lending rate cuts may benefit borrowers.
The latest rate cut signals a broader trend—savers are using savings accounts mainly for transactions, while putting the rest ...
This behavioural change has reduced the proportion of low-cost current and savings account (CASA) deposits in ... In April 2020, State Bank of India dropped its savings rate to 2.75% and trimmed ...
Jio Financial Services posted a consolidated net profit of INR 316.11 Cr in Q4 FY25, a marginal 1.7% increase from INR 310.63 Cr in the year-ago quarter.
Tata Capital Housing Finance Limited 656.67 2.74% To provide the investors an opportunity to invest in money market instruments. The SBI Savings Fund Regular Plan Growth has an AUM of 25461.09 ...
but must also grow the money. She learnt how to manage risks in her front-row seat watching her parents’ financial adventures and acumen in investing the little they had and growing it so that ...
A BIG bank with six million customers is slashing the savings rate on a popular linked current account product within weeks. Virgin Money will lower the interest rate on its M Plus Saver account ...