SBI slashes MCLR on one tenure to 8.20%
The revised MCLR will take effect on October 15, 2024
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October 2024
April 2023
February 2023
March 2021
August 2019
Bank of Baroda shares jump 4% post Q4 business update
The PSU lender’s total business crossed the ₹21 lakh crore milestones in FY23, aided by double-digit growth in advances and deposits in the March quarter of 2022.
SBI hikes key lending rates across tenors: Check details here
The new rates will be applicable with effect from February 15, 2023.
India to be the third largest economy by 2031: Report
According to a BofA Securities report, the Covid-19 shock could delay India touching the GDP of Japan by three years. In their latest estimates, it will now happen by 2031 if the economy grows at 9%.
RBI cuts repo rate to arrest slowdown
The 35 basis point repo rate cut is not the first unconventional rate action from the central bank as two repo rate actions in March 2003 saw a 40 and 10 basis points reduction in a matter of 13 days.
