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SBM BANK INDIA
Wave of mass market credit cards erodes foreign majors’ baseStandard Chartered and DBS Bank India recorded the sharpest contractions. The former's card base fell 28% to 581,000, a fall of 227,000 car...- RBI policy: Will high-interest rate cycle return for FD investors as RBI holds repo rate amid rising inflation?RBI MPC repo rate: The Reserve Bank of India maintained its repo rate at 5.25 percent today. Inflation is nearing the upper tolerance band,...
- Will FD investors get higher interest rates as Iran-US war continues and inflation shoots?Rising inflation and increased credit demand are pushing banks towards higher fixed deposit rates. Banks are also facing competition from s...
- RBI MPC begins today as policymakers weigh inflation, crude risksThe Reserve Bank of India's Monetary Policy Committee begins its meeting this week. Market participants widely expect the benchmark repo ra...
- Highest 5-year senior citizen FD interest rates: Public vs private sector banks- which offers highest maturityHighest FD rates: Senior citizens can secure higher returns on fixed deposits with select banks. Bandhan Bank, IndusInd Bank, and YES Bank ...
- 5-year Senior citizen FD interest rates up to 8.05%: SBI vs PNB vs HDFC Bank vs other banksSenior citizens seeking secure investments are finding attractive options in fixed deposits, especially for 5-year tenures. Small finance b...
- Highest 1-year FD rates: Where will Rs 5 lakh grow the most in just one year?Seeking stable returns? Fixed deposits offer a low-risk avenue for your savings. For a Rs 5 lakh investment in a one-year FD, explore top r...
- Rupee closes at 94.56 vs USD; US-Iran peace agreement details, Fed guidance awaitedThe Indian rupee strengthened for the third day in a row. This rise was supported by positive sentiment and anticipation of a U.S.-Iran pea...
- SBM Bank India, ICICI Prudential Life Insurance forge bancassurance allianceSBM Bank India and ICICI Prudential Life Insurance have partnered to offer a range of life insurance products to SBM Bank's customers. This...
- SBM Bank India announces key appointments in corporate, retail segmentsSBM Bank India has named Prakash Jaiswal as head of corporate banking and Nikhil Rajadhyaksha as head of Retail Banking. Jaiswal previously...
- SBM Bank India appoints Dipak Agarwal as deputy CEO to head overall businessThis move comes at a time when the bank is under scrutiny of the Reserve Bank of India for its fintech partnerships, some of which have bor...
- RBI relaxes restrictions on SBM Bank India until March 15The banking regulator, on January 23, asked SBM Bank (India) to stop with immediate effect all transactions under the Liberalised Remittanc...
- RBI partially relaxes restrictions on SBM Bank IndiaLast week, the RBI ordered SBM Bank to stop all transactions under the liberalised remittance scheme (LRS) - which allows Indian residents ...
- Vested Finance halts fresh deposits on Vested Direct as RBI clamps down on SBM BankVested Finance, which helps Indian investors invest in US stocks, has paused processing of fresh deposits via Vested Direct, its rupee wall...
- RBI orders SBM Bank to stop transactions under remittance scheme with immediate effectAfter discovering "material supervisory concerns" in SBM Bank (India) Ltd, the Reserve Bank of India on Monday ordered SBM Bank to stop all...
- RBI bans SBM India from allowing foreign remittancesIn a short press release on its website the RBI said that the action against the bank “is based on certain material supervisory concerns ob...
- SBM Bank India raises Rs 125 crore via bondsThe bank raised money by issuing Basel-III compliant Tier-II bonds having maturity period of 10 years, it said in a statement. Additionally...
- SBM Bank India collaborates with Drip Capital to empower MSME exportersIn the past, Drip Capital has partnered with several local and international banks to offer its financing solutions to SMEs in developing m...
- Bharti AXA Life partners with SBM Bank India for insurance distributionUnder this agreement, the insurer will offer its life insurance products, including protection, health, savings and investment plans, to cu...
- SBM Bank India, Mastercard to facilitate cross border transactions, remittancesRemittances and payments businesses have become the cornerstone of SBM Bank India's growth strategy. As banking evolves to become more pers...
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