SBI’s maiden infra bond issue for Rs 10,000 cr oversubscribed 3.27 times The country’s largest lender, State Bank of India, has raised Rs 10,000 crore through its maiden issue of infrastructure bonds, for funding projects in segments such as power and roads. The coupon on the 10-year paper was fixed at 7.51 per cent, or about 17 basis points ...

Forex reserves rise for third week in a row; up $2.9 bn to $550.14 bn The Reserve Bank of India’s (RBI’s) foreign exchange reserves rose by $2.9 billion to $550.14 billion in the week ended November 25, the latest central bank data showed. The data marks the third consecutive week in which the RBI’s reserves have increased. ...

HDFC Bank revises credit card rewards points programme for customers India’s largest credit card issuer — HDFC Bank — has revised its reward points programme and fees structure for its credit card customers, effective January 1, 2023. The bank has said rent payments will not earn reward points, and redemption of reward points on various cards have ...

Retail CBDC a game-changer, should improve monetary transmission: SBI chief The central bank digital currency for the retail customers could be a game-changer and should ensure better monetary transmission, Dinesh Khara, chairman, State Bank of India, said on Friday. On Thursday, the central bank launched the first phase of the pilot for CBDC- retail with four banks ...

hdfc bank news: HDFC Bank revises fees structure of these credit cards with effect from Jan 1, 2023 [ad_1] HDFC Bank has sent SMSs to certain credit card customers regarding revision in credit card reward points program and fee structure. According to the message received, “Attention! There is a revision in the Schedule of Charges & Reward Points Program on ...

Bank credit grows 17.2% YoY to Rs 129.48 trn in fortnight to Nov 18 Bank credit grew by 17.2 per cent year-on-year to Rs 129.48 trillion as on November 18, 2022, reflecting firm demand for loans, latest Reserve Bank of India data showed. The credit growth was slightly higher than 17 per cent as on November 4. ...

Here’s how you can block your SBI debit card [ad_1] Here’s how you can block your SBI debit card [ad_2]

From ELSS to NPS, a robust roadmap to retirement for millennials [ad_1] Millennials, a term used for those born between 1981-1996, entered the workforce around 2008-09, a time when the world was reeling under the effects of The Great Recession. With stagnating income levels and massive levels of unemployment, millennials could not and still do not have access to traditional ...

yes bank digital rupee: How to use Yes Bank’s Digital Rupee app [ad_1] YES Bank is one of the bank’s taking part in the Reserve Bank of India’s (RBI’s) retail Digital Rupee pilot that began on December 1, 2022. Digital Rupee (e₹) is a legal tender, similar to the sovereign paper currency, and is issued in digital form by the ...

Choosing the right commercial property to buy: 5 factors to consider [ad_1] Choosing the right commercial property to buy: 5 factors to consider [ad_2]