Thu, Dec 26, 2024
State Bank of India (SBI) provides 7.25 per cent interest on 444 days - Amrit Vrishti FD scheme to investors. The bank gives 6.80 per cent interest rate on 1-year FD while 6.75 per cent and 6.50 per cent on 3-year and 5-year FDs respectively.
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Sun, Dec 22, 2024
SBI, Bank of Baroda, and Bank of India offer 5-year fixed deposits (FDs) with different interest rates. Each has its benefits, helping one grow savings securely over five years. Let’s find out what general and senior citizens get on Rs 8 lakh investments in a 5-year FD scheme.
Wed, Dec 18, 2024
Latest FD Rates: State Bank of India (SBI) provides 7.25 per cent interest on 444 days - Amrit Vrishti FD scheme to general citizens while the bank gives 6.80 per cent, 6.75 per cent and 6.50 per cent interest rates on 1-year, 3-year and 5-year FDs.
Tue, Mar 21, 2023
The IPO includes a fresh issue of up to Rs 500 crore along with an offer for sale (OFS) of up to 14,12,99,422 equity shares by the existing shareholders and the promoters of the company
Thu, Feb 09, 2023
Leading public sector lenders Punjab National Bank (PNB) and Bank of Baroda (BoB) have raised their lending rates by up to 25 basis points following the interest rate hike by Reserve Bank earlier this week
Tue, Dec 06, 2022
The Nifty PSU Bank index hit a new high of 4,277.75 intraday trade, up 3 per cent. At around 02:45 PM, the index was up over 1 per cent to 4,201.55 as compared to a 0.50 per cent fall in the Nifty 50 index.
Mon, Nov 07, 2022
Nifty PSU Bank closed among the top gainers, up nearly 4.5 per cent to 3,690.15 levels, led by a robust rally in State Bank of India and Bank of Baroda on Monday.
Bank of Baroda (BoB) shares zoomed 10 per cent on Monday after the second-largest state-run lender logged a 59 per cent year-on-year jump in net income at Rs 3,313 crore for the September quarter. The net income increased as a result of improvement in asset quality along with margin expansion.
Thu, Aug 18, 2022
Fixed Deposit Interest Rate: After the RBI repo rate hike of 50 bps, several public and private banks have increased interest rates on their fixed deposits. Among the top private sectors banks, HDFC Bank, ICICI Bank and and Kotak Mahindra have hiked their term deposit rates. SBI, PNB, BoB are among public lenders
Mon, Jul 11, 2022
State-owned Bank of Baroda has raised the marginal cost of funds-based lending rate by up to 0.15 percent for select tenor of loans with effect from Tuesday.
Wed, Jun 01, 2022
Stock to Buy: SBI share is an index heavyweight and will lead the rally for the Nifty PSU bank of index, analyst Nilesh Jain opines. Buying at current levels is recommended. The stock hit a life time high of Rs 549 on the NSE and has corrected significantly from those levels
Mon, May 16, 2022
Q4 Results 2022 Impact: Shares of Avenue Supermarts (DMart), Bandhan Bank, Bank of Baroda and JK Paper were trading in the green on Monday on the back of healthy March quarter results for FY22.
Tue, Nov 09, 2021
Bank of Baroda Ltd rallied by over 120 per cent in the last 1 year compared to over 50 per cent upside seen in the Nifty50 in the same period.
Mon, Oct 25, 2021
Technical Analyst Nilesh Jain is bullish on certain banking stocks. He sees Nifty Private bank to test levels of 22,000 over a positional term basis. Jain, Assistant Vice President (AVP), Equity Research Technical and Derivatives at Centrum Broking recommends two stocks from the private banks’ segment
Mon, Oct 18, 2021
SBI shares – The stock hit its 52-week high and also its target price of Rs 500 on the intraday basis. It was trading at Rs 495.35 on the NSE, up almost 1% from the last closing price. He recommends a ‘Hold’ on this stock for a fresh price target of Rs 550 and a stop loss of Rs 465. Buy on dips is also advised for investors who want to put this stock in their portfolios
Thu, Sep 30, 2021
Analyst Nilesh Jain was bullish on SBI. It has already achieved its target of Rs 450 and corrected to cross this level again. Any correction in this stock is a buying opportunity, he said. This stock was trading at Rs 454.15 around this time, down by 1.3 per cent. He puts the target price at Rs 480 and Rs 500
Mon, Sep 20, 2021
Public and private banks are now offering home loans at record low-interest rates to cash in on the festive season demand and boost the market sentiments.
Thu, Sep 16, 2021
All the PSU bank stocks were trading in the green in this 13-stocks index. The biggest gainer was Indian Overseas Bank (IOB), which was up almost 11 per cent. Central Bank shares were up 9 per cent around this time. The other top gainers were Punjab & Sind Bank and Maharashtra Bank, which were up over 8 per cent
Wed, Oct 30, 2019
Country's third-largest public sector bank Bank of Baroda (BoB) entered into a partnership with KapitalTech, a fintech lender, for providing loans to the MSME sector, under the co-origination guidelines of the Reserve Bank of India (RBI).
Mon, Jul 29, 2019
BoB SO recruitment 2019: Bank of Baroda (BoB) has issued a recruitment notification for the post of Specialist Officer.
Tue, Jul 23, 2019
Bank of Baroda (BoB), India’s 2nd largest public sector bank, has entered into a Memorandum of Understanding (MoU) with Pine Labs, a merchant platform, for digital transaction solutions.
Tue, Jun 25, 2019
Govt informed that IBA has formulated and circulated to all Member Banks including State Bank of India (SBI) a ‘Model Education Loan Scheme’ for providing financial support to meritorious students for pursuing higher education in India and abroad. Salient features of the Scheme inter-alia include:
Thu, May 23, 2019
Even as Lok Sabha elections 2019 counting is going on and the early trends indicate a massive NDA victory, brokerage houses have changed their ratings for some of the stocks.
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