Intentar ORO - Gratis
SBI cuts savings a/c rate to 2.5%, lowest in industry
The New Indian Express Hyderabad
|June 17, 2025
THE country's largest lender State Bank has slashed the interest rate on savings bank deposits by a hefty 25-50 bps to 2.5% from the existing 2.7%, the lowest on record.
The rate reduction for the deposits is a disincentive for the small savers. The decision comes within days of the bank passing on the 50 bps repo rate cut by the central bank to borrowers effective June 15.
Esta historia es de la edición June 17, 2025 de The New Indian Express Hyderabad.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE The New Indian Express Hyderabad
The New Indian Express Hyderabad
Trained in new language, 13 youth from violence-hit Manipur land jobs in Japan
SCARRED they may be by bloody ethnic violence, but for 13 youths from Manipur, there's a reason to smile.
1 min
January 09, 2026
The New Indian Express Hyderabad
Novelty of ICC’s ships must be retained: Uthappa
ON Wednesday evening at Kingsmead, Durban, Pretoria Capitals’ Shai Hope was putting on a scintillating show against Durban’s Super Giants in the SA20 league.
1 mins
January 09, 2026
The New Indian Express Hyderabad
PUT BENGALURU CITIZENS’ INTEREST OVER REALTORS’
BENGALURU is set for a fresh layer of development, with tweaked building bylaws kicking in.
1 mins
January 09, 2026
The New Indian Express Hyderabad
More tariff terror as Don okay with Russia curbs bill
INDIA could face punitive US trade action in the form of tariffs as high as 500% after President Donald Trump reportedly agreed to let a long-pending legislation on Russian sanctions move forward, potentially setting up a Senate vote as early as next week.
1 min
January 09, 2026
The New Indian Express Hyderabad
People's scientist who gave Nature a voice
MADHAV
1 mins
January 09, 2026
The New Indian Express Hyderabad
SC slams Cab Sec for not filing affidavit on pvt univ regulation
On passing the baton
1 min
January 09, 2026
The New Indian Express Hyderabad
India needs localised, ethical AI: PM
At start-up summit, Modi calls for multilingual models for regional content, privacy safeguards
1 mins
January 09, 2026
The New Indian Express Hyderabad
Divorce case: Vembu asked to furnish $1.7 billion bond
A court in the US, where Zoho Corporation (ZCPL) co-founder Sridhar Vembu has filed a divorce petition against wife Pramila Srinivasan, has ordered him to furnish a bond of $1.7 billion, as per media reports.
1 min
January 09, 2026
The New Indian Express Hyderabad
IIFCL SEEKS TO BOOST INFRA SECTOR BORROWING PLANS
INDIA Infrastructure Finance Company (IIFCL) has suggested the Ministry of Finance to introduce measures that would promote borrowing programmes for infra lenders, alongside bringing interest subvention support for the sector.
1 min
January 09, 2026
The New Indian Express Hyderabad
Emotional Sanjana chasing excellence with late father in her mind
USUALLY, one may see Karnataka hoopster Sanjana Ramesh on the court sporting number 24 or 30 on the back of her jersey.
2 mins
January 09, 2026
Listen
Translate
Change font size