Posts Tagged ‘SBI’

Cheaper loan rates to woo customers this festive seasons

PSUs are planning to attract customers by offering them loans at a cheaper interest rate.

In order to increase the customer in their loan registers banks are planning to woo individuals with cheaper loans even as interest rates are on the rise.

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Loans to get costlier as PSU’s increased their base lending rate

State Bank of India (SBI), the country’s largest banking player on Monday beefed up its benchmark lending rate by 50 basis points to 12.25%.

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Slowly banks are raising fixed deposit rates

In the coming months fixed deposit can again be a good investment option as the deposit rates are on their way up.

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