Online shopping battles are ready to resume. Amazon and Flipkart have confirmed that the battle lines have been drawn before the festive shopping season. Amazon has just announced the Indian Festival Grand Deal and still says, “coming soon”. Amazon is expected to finalize the dates of the Amazon Great Indian …
Read More »IndusInd Bank, Bajaj Auto, Axis Bank, SBI, Bajaj Finserv, ICICI Bank, HDFC Bank among other earnings
Benchmark Sensex equities rallied more than 450 points in early trading Thursday on the back of gains in the index heavyweight duo HDFC, Reliance Industries and ICICI Bank amid positive signals from US equities. . The 30-share index was trading 466.26 points or 1.22 percent higher at 38,534.19, and the …
Read More »New details, OnePlus 8T 5G and more
E-commerce giants Amazon and Flipkart have made their intentions very clear as the battle lines have been drawn ahead of the festive shopping season. Amazon has announced the Indian festival’s big deal as the Flipkart Big Billion Days deal, and while they both say sales are “coming soon,” there is …
Read More »SBI Announces Special Home and Auto Loan Benefits
State Bank of India (SBI) has launched a series of special offers for its retail clients to spread the holiday cheer amid the coronavirus pandemic. The nation’s largest lender has announced a 100% waiver on the processing fee for all clients applying for auto, gold and personal loans through YONO. …
Read More »SBI, LIC and BoB will sell an 8.25% stake each in UTI AMC through an initial public offering
MUMBAI: The long awaited initial public offering (IPO) of UTI Asset Management Company will hit the markets next week. The offer price band has been set at ₹552-554 per share of capital and the three-day sale that aims to increase ₹2,152-2,160 crore will close for subscription on October 1. The …
Read More »How to apply for a home loan, auto loan restructuring
State Bank of India is offering a moratorium of up to two years to retail borrowers under the loan restructuring scheme approved by the Reserve Bank of India. Home, education, auto or personal loans will be included in the loan restructuring option. The client must pay the interest during the …
Read More »SBI, GMM Pfaudler, Manappuram Finance, Muthoot Finance, M&M
NEW DELHI Here is a list of the top ten stocks that may appear in the news on Tuesday: State Bank of India: The nation’s largest lender has raised ₹7 billion rupees by issuing Basel III compliant bonds. “The Directors Committee for Capital Raising at its meeting today on September …
Read More »SBI Details Personal Loan Restructuring Rules
State Bank of India has detailed the process and rules it intends to follow when the country’s largest lender begins an exercise to restructure personal loans, as permitted by the Reserve Bank of India. The bank on Monday launched a website where borrowers can check their eligibility and upload relevant …
Read More »Is Your SBI Personal Home Loan Eligible For Restructuring? How to check online
SBI retail customers will be prompted to enter their account number when logging into the portal. After completing the OTP validation and entering some necessary data, the customer will know their eligibility and will receive a reference number. This reference number will be valid for 30 days and within which …
Read More »Bank stocks tumble as FinCEN leak names Indian banks for suspicious transactions
Shares of IndusInd Bank, Bandhan Bank and State Bank of India fell like a deck of cards after leaks from the Financial Crimes Enforcement Network (FinCEN) indicated that almost all Indian banks could be part of the suspicious transactions. Between 2010 and 2017, several Indian banks regardless of ownership (public, …
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