Despite the RBI keeping the repo rate unchanged, several factors suggest banks may increase fixed deposit rates soon. Rising inflation, a h...

The RBI is widely expected to keep the repo rate unchanged at 5.25% in the June 5 MPC meeting despite concerns over rising fuel prices, a w...

Senior citizens seeking higher returns on their retirement savings can explore 3-year Fixed Deposit options. Small finance banks like Jana ...

Investors seeking high returns on 5-year fixed deposits can explore options beyond public sector banks. DCB Bank leads private banks with a...

Senior citizens seeking stable income and market-risk-free returns often turn to fixed deposits. Banks commonly offer enhanced interest rat...

SBM 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 has named Prakash Jaiswal as head of corporate banking and Nikhil Rajadhyaksha as head of Retail Banking. Jaiswal previously...

This 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...

The banking regulator, on January 23, asked SBM Bank (India) to stop with immediate effect all transactions under the Liberalised Remittanc...

Last week, the RBI ordered SBM Bank to stop all transactions under the liberalised remittance scheme (LRS) - which allows Indian residents ...

Vested Finance, which helps Indian investors invest in US stocks, has paused processing of fresh deposits via Vested Direct, its rupee wall...

After discovering "material supervisory concerns" in SBM Bank (India) Ltd, the Reserve Bank of India on Monday ordered SBM Bank to stop all...

In a short press release on its website the RBI said that the action against the bank “is based on certain material supervisory concerns ob...

The bank raised money by issuing Basel-III compliant Tier-II bonds having maturity period of 10 years, it said in a statement. Additionally...

In the past, Drip Capital has partnered with several local and international banks to offer its financing solutions to SMEs in developing m...

Under this agreement, the insurer will offer its life insurance products, including protection, health, savings and investment plans, to cu...

Remittances and payments businesses have become the cornerstone of SBM Bank India's growth strategy. As banking evolves to become more pers...