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 ...

The category of SBI Savings Fund Regular Plan Growth is Fixed Income - Money Market What is the current NAV of SBI Savings Fund Regular Plan Growth ? The current NAV of SBI Savings Fund Regular ...

MUMBAI: HDFC Bank, India's largest private sector lender, has cut interest rates on savings accounts by 25 basis points to ...

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 12.5%, if your total long term capital gain exceeds 1.25 lakh. Any cess/surcharge is not ...

The falling rupee adds to the woes making imports expensive. Rupee fell 42 paisa to Rs 86.68 to dollar on April 9, hitting a three-week low amid trade tensions and RBI rate cut. Bond yields rose, and ...

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.

Banks have been facing a deposit mobilisation challenge, especially in acquiring low-cost current account and savings account (CASA), over the last two-three years. While customers are parking ...