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Fight for deposits pushes Sept rates up

November 01, 2025

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Financial Express Ahmedabad

THE PRESSURE TO garner deposits saw rates inching up in September — the first time since the Reserve Bank of India (RBI) began its rate cut cycle in February.

- KSHIPRA PETKAR

According to RBI’s monthly data, the weighted average rate on fresh rupee term deposits of scheduled commercial banks (SCBs) has inched up by 4 basis points (bps) on month, with rates of public sector banks up by 3 bpswhile private sectorwas up 2 bps.

المزيد من القصص من Financial Express Ahmedabad

Financial Express Ahmedabad

Tinder bets on Al to win back Gen Z users

TINDER, THE APP that revolutionised the online dating market, is adding a series of new features aimed at appealing to younger users in the hope of increasing engagement and building trust in dating apps.

time to read

1 mins

March 19, 2026

Financial Express Ahmedabad

Solar sourcing rule from 2028

IN A MAJOR policy shift aimed at curbing import dependence, the government on Wednesday mandated that all solar projects use locally manufactured ingots and wafers from June 1, 2028, extending domestic sourcing rules to the most import-dependent segment of the solar supply chain.

time to read

1 min

March 19, 2026

Financial Express Ahmedabad

OMCs start to bleed, stare at steep losses

Prices may not rise soon as govt shields end users

time to read

3 mins

March 19, 2026

Financial Express Ahmedabad

Cube Highways Trust eyes public listing through ₹5,000-crore OFS

It’s the first private InvIT to convert into public in India

time to read

1 mins

March 19, 2026

Financial Express Ahmedabad

₹2,584-cr small hydro power scheme cleared

THE CABINET on Wednesday cleared a ₹2,584.6-crore small hydro power scheme to add 1,500 MW capacity, making a renewed push to scale up decentralised renewable energy in remote & underserved regions.

time to read

1 min

March 19, 2026

Financial Express Ahmedabad

Sebi penalises 18 in Retro Green stock manipulation

THE SECURITIES AND Exchange Board of India (Sebi) has barred 18 individuals, including those linked to the Choksi group, for allegedly manipulating Retro Green Revolution’s share price in 2021.

time to read

1 min

March 19, 2026

Financial Express Ahmedabad

Indices log third day of gains

SENSEX, NIFTY UP NEARLY 1% | BROAD-BASED RALLY LED BY MIDCAP, SMALLCAP

time to read

2 mins

March 19, 2026

Financial Express Ahmedabad

Spot LNG prices rise sharply

Govt makes ad hoc provision of ₹600 crore for fertiliser plants

time to read

2 mins

March 19, 2026

Financial Express Ahmedabad

Morbi ceramic units halt production

SUPPLY BOTTLENECK

time to read

2 mins

March 19, 2026

Financial Express Ahmedabad

60% of flight seats to be free of cost

THE DIRECTORATE GENERAL of Civil Aviation (DGCA) on Wednesday directed airlines to make at least 60% of seats on all domestic flights available free of any additional charge and to seat passengers on the same booking reference together, preferably in adjacent seats.

time to read

1 mins

March 19, 2026

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