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SBI cuts savings a/c rate to 2.5%, lowest in industry

The New Indian Express Kalaburagi

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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.

- ENS ECONOMIC BUREAU @ Mumbai

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.

PLUS D'HISTOIRES DE The New Indian Express Kalaburagi

The New Indian Express Kalaburagi

Russell hat-trick as HIL GC tame Shrachi Bengal Tigers

Hockey India League’s (HIL) Governing Council (GC) team won a high-scoring thriller against defending champions Shrachi Bengal Tigers 6-3, while last year’s runners-up Hyderabad Toofans rallied to beat Ranchi Royals 3-2 in the Hockey India League at the Mayor Radhakrishnan Stadium on Sunday.

time to read

1 min

January 08, 2026

The New Indian Express Kalaburagi

X reply on Grok dirt 'inadequate'

THE Ministry of Electronics and Information Technology (MeitY) is learnt to have found the response from X to its advisory over the spread of obscene and sexual content on its social media platform inadequate.

time to read

1 min

January 08, 2026

The New Indian Express Kalaburagi

PM, NETANYAHU TALK GAZA PEACE EFFORTS

PRIME Minister Narendra Modi on Wednesday spoke with Israeli Prime Minister Benjamin Netanyahu on phone, who briefed him on the implementation of the Gaza Peace Plan, as the two leaders reiterated their shared commitment to combating terrorism and strengthening the India-Israel strategic partnership.

time to read

1 min

January 08, 2026

The New Indian Express Kalaburagi

UP Oppn preps local units to enrol voters in poll rolls

AFTER 2.89 crore voters or 18.70% of the electorate were deleted from UP’s rolls under SIR, political parties have deployed their office-bearers to get names of eligible voters added to the final list which will be out on March 6.

time to read

1 min

January 08, 2026

The New Indian Express Kalaburagi

TN NEEDS MORE REVENUES TO FUND PENSION SCHEME

Na politically sensitive pre-election move, the DMK government has announced the Tamil Nadu Assured Pension Scheme (TAPS), covering nearly 6.25 lakh state government employees.

time to read

1 mins

January 08, 2026

The New Indian Express Kalaburagi

The New Indian Express Kalaburagi

Environment ministry approves iron ore mining in C’garh Bailadila forest

THE Centre has recommended environmental clearance (EC) for the diversion of 874.924 hectares of forest land to extend iron ore mining by the state-owned NMDC within the Bailadila reserve forest (BRF) in Chhattisgarh’s Dantewada district.

time to read

1 mins

January 08, 2026

The New Indian Express Kalaburagi

Bethell savours 'very special' maiden century

ENGLAND’S Jacob Bethell called it “very special” after cracking a flawless maiden century during the fifth Ashes Test against Australia on Wednesday in front of his family.

time to read

1 min

January 08, 2026

The New Indian Express Kalaburagi

THE BOOSTS NEEDED FROM BUDGET

DEVELOPING human capital will be at the heart of India’s journey towards a Viksit Bharat at 2047.

time to read

3 mins

January 08, 2026

The New Indian Express Kalaburagi

Have to highlight stories in right way to lift doubles format: Woodbridge

WHEN top singles pros formed pairs to play in exhibition mixed doubles tie in the US Open last year, fans flocked to the stands and made it a full-house.

time to read

2 mins

January 08, 2026

The New Indian Express Kalaburagi

The New Indian Express Kalaburagi

Vaishno Devi med college closure cheers BJP, NC calls it communal

FOUR days after inspecting Shri Mata Vaishno Devi Institute of Medical Excellence (SMVDIME) in Katra, the National Medical Commission (NMC) on Tuesday withdrew its recognition, triggering contrasting political reactions across Jammu and Kashmir.

time to read

1 min

January 08, 2026

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