RBI  says economy showing sign of stability, focus on 5 key areas for revival
RBI says economy showing sign of stability, focus on 5 key areas for revival

Emerging markets have bounced back and cut in policy repo rates has eased key operations he said adding current

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Senior citizens special fixed deposit (FD) scheme
Senior citizens special fixed deposit (FD) scheme

SBI HDFC Bank and ICICI Bank are offering extra interest rates over the existing senior citizen interest rates for fixed

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Bank FD laddering technique
Bank FD laddering technique

Bank FD Laddering Premature withdrawal Bank fixed deposit also known as term deposit is one of the most popular investment

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RBI may allow one-time restructuring of stressed loans with conditions
RBI may allow one-time restructuring of stressed loans with conditions

In 2019 however RBI had allowed banks and NBFCs a onetime restructuring of loans of up to 25 crore

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ICICI Bank cuts fixed deposit (FD) rates.
ICICI Bank cuts fixed deposit (FD) rates.

Currently banks have ample liquidity and a comparatively less demand for loans due to the lockdown This has

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RBI may allow relaxation for MSME loans, scrap risk weight
RBI may allow relaxation for MSME loans, scrap risk weight

The unconditional government guarantee gives enough comfort to RBI to remove the risk weight on these loans leaving banks with

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Collateral-free loans worth ₹3 lakh cr for MSMEs
Collateral-free loans worth ₹3 lakh cr for MSMEs

Move likely to benefit 45 lakh units tenor of these loans will be four years valid up to 31 October

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SBI revises fixed deposit (FD) rates. Latest FD rates here
SBI revises fixed deposit (FD) rates. Latest FD rates here

State Bank of India has slashed interest rates on FDs 8216up to 3 years8217 tenor by 20 bps The new

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SBI will soon introduce pre-approved personal loan for salaried people facing cash crunch
SBI will soon introduce pre-approved personal loan for salaried people facing cash crunch

SBI said it in in the process to introduce a preapproved personal loan offering through YONO to provide relief to

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RBI releases FAQs on cash withdrawals at PoS terminals
RBI releases FAQs on cash withdrawals at PoS terminals

Cardholders can withdraw cash using debit cards and open system prepaid cards issued by banks in India However credit cards

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RBI may extend moratorium on loans by another 3 months
RBI may extend moratorium on loans by another 3 months

The government on Saturday extended the lockdown for further two weeks till May 17 with certain relaxations for red orange

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Au Small Finance Bank looks to join larger peers in quest for capital
Au Small Finance Bank looks to join larger peers in quest for capital

Jaipurbased Au Small Finance Bank Ltd is looking to join its larger peers in the banking industry in fundraising initiatives

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