Bank of Baroda reduces home loan rates
Bank of Baroda has announced a further reduction in its home loan interest rates, lowering it to 7.45 per cent p.a., with immediate effect and also offering nil processing fee.
Bank of Baroda has announced a further reduction in its home loan interest rates, lowering it to 7.45 per cent p.a., with immediate effect and also offering nil processing fee.
LIC of India introduces LIC’s Nav Jeevan Shree (Plan 912) & LIC’s Nav Jeevan Shree Single Premium (Plan 911). Sat Pal Bhanoo, CEO & MD (in-charge), Life Insurance Corporation of India launched new plans, LIC’s Nav Jeevan Shree (UIN: 512N387V01) and LIC’s Nav Jeevan Shree Single Premium (UIN: 512N390V01) on Friday.
The PNB has announced a dividend of Rs 2.90 per equity share for the financial year 2024-2025.
While the Indian financial sector shows resilience, international market conditions may have some influence on India. Any correction in the US stock market could have implications for global markets, it warned.
ICICI Bank reported a 14.8% year–on–year (Y-o-Y) increase in net profit to Rs 11,792 crore in the quarter-ended December (Q3FY25), due to steady growth in net interest income (NII) and a robust increase in non-interest income, according to an official release.
Rating agency Fitch has said that the gross non-performing assets (NPAs) of Indian banks may decline by 40 basis points to 2.4% by March 2025. It may further drop by 20 basis points in the next financial year, it added.
In his address, J S Sawhney, Zonal Head/General Manager, highlighted various schemes introduced by the Union Government and the Bank in the interest of customers.
Hailing the government’s landmark decision to waive bank guarantees for telecom spectrum acquired before 2022
The government on Monday issued an alert against illegal payment gateways, created using mule bank accounts by transnational organised cybercriminals and facilitating money laundering as a service.
Market opened flat and traded in range. Nifty failed to cross 25,000 amid selling seen in the auto, bank, realty stocks.
