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SBM BANK INDIA
Ultra-short-term borrowing costs spike; premium over policy rate hits 4-year highThe Reserve Bank of India hiked rates for the first time in nearly four years last week and shifted its stance, signalling more increases, ...
India's ultra-short-term borrowing costs spike; premium over policy rate hits 4-year highIndia's 182-day and 364-day treasury bill yields climbed to 18-month highs at Wednesday's auction, while premiums over the RBI's 5.5% repo ...
Highest senior citizen FD interest rates after RBI repo rate hike: Public vs private vs small finance bank rates of 3 and 5-year fixed depositsThe Reserve Bank of India raised the repo rate to 5.50% in its recent Monetary Policy Committee meeting. Subsequently, banks are likely to ...
FD rates up to 8.50% for senior citizens on 5-year deposits; Check the list of banksFD interest rate for senior citizents: Senior citizens can take advantage of attractive fixed deposit interest rates from various banking i...
SBM Bank India plans 26% stake sale, appoints consultantSBM Bank India is considering selling a twenty-six percent stake to raise expansion funds. The bank has appointed a consultant and is curre...
SBM Bank India plans 26% stake sale, appoints consultantSBM Bank India is exploring a twenty-six percent stake sale to fund its expansion plans. The bank has appointed a consultant and is current...
Senior citizen FD interest rates of up to 8.50%: Top 5 fixed deposit rates from PSU, private and small finance banksHighest senior citizen FD interest rates: Small finance banks offer senior citizens the highest fixed deposit rates currently. Equitas, ESA...
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...
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 ...
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 ...
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...