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Banking

  • SBI Interest Rates
    10:07 AM

    State Bank of India (SBI) offers a wide range of services under its personal banking portfolio. From a basic savings account to a fixed deposit (FD) account, the country’s largest lender provides a variety of options to investors for their requirements. SBI provides interest rates in a range of 5.75-7.35 per cent across maturities in

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  • US Pullout From Iran Deal Sends Rupee To Fresh 15-Month Low Vs US Dollar
    8:01 AM

    The rupee (INR) fell to fresh 15-month low of 67.42 per US dollar (USD) today after US President Donald Trump pulled the United States out of an international nuclear deal with Iran. Yesterday, the rupee had closed 5 paise higher at 67.08 against US currency. The US move sparked worries about global oil supplies, pushing

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  • All you need to know is that PNB detects Rs 11,500 crore fraud
    11:04 AM

    Punjab National Bank (PNB), the country’s second-largest lender on Wednesday said that it has detected “fraudulent and unauthorised” transactions worth more than Rs 11,500 crore at one of its branches in Mumbai. Here is your cheatsheet on this latest banking fraud.

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  • Demonetisation: Opened a bank account in last one month? The govt is watching
    7:29 AM

    Bank accounts and lockers, which have been opened in the last one month, will be monitored closely to check transaction patterns and rule out any discrepancy. Both savings and current accounts of first timers, or otherwise, will be scrutinised. Besides, transactions and transfers of money from one account to another will also come under the

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