The SBI move follows an off-cycle rate increase by the Reserve Bank of India which hiked the repo rate by 0.40% to 4.40% The SBI move follows an off-cycle rate increase by the Reserve Bank of India which hiked the repo rate by 0.40% to 4.40% The country’s largest lender State Bank of India has […]
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State Bank of India (SBI) reported a 41.3% jump in fourth-quarter net profit at ₹9,114 crore on the back of a significant improvement in asset quality during the three months ended March 31. For the financial year, the state-run lender’s net profit grew 55.2% to ₹31,676 crore. “FY22 was an extraordinary year,” Chairman Dinesh Khara […]
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The rate increase is in line with other lenders, including the State Bank of India and Bank of Baroda The rate increase is in line with other lenders, including the State Bank of India and Bank of Baroda Mortgage lender HDFC Ltd on Sunday raised its benchmark lending rate by 5 basis points, a move […]
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