Finance news : State bank raises rates by 10-25 bps on maturities of deposits

State Bank of India (SBI) on Wednesday raised interest rates on retail and bulk fixed deposits of some maturities by between 10 bps and 25 bps. The rate on deposits of under Rs 1 crore maturing between two years and three years was raised by 10 bps to 6.6% and […]

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Finance News : GST in india higher growth: Arvind Subramanian, CEA

NEW DELHI: Having overcome the short term consequences of GST and demonetisation, India can now propel itself into a higher growth trajectory, Chief Economic Adviser Arvind Subramanian said today. He further said the policymakers have to reevaluate whether more has to be done to deal with banking sector woes. “After […]

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NEWS : RBI unchanged Repo rate in April policy review? Here is what report says

The Reserve Bank of India (RBI) is likely to keep the repo rate, or the rate at which it lends to banks, unchanged at 6 per cent in its policy review on April 5 as economic growth recovers and inflation trends lower, says a report. According to global financial services […]

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