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Interest waiver: Paid EMI on time during lockdown? Banks to offer cashback now

• Those who have not opted for loan moratorium, will also be eligible for ‘interest waiver’ scheme • Earlier, Centre

• State Bank of India (SBI) has slashed interest rates on fixed deposits • The new SBI fixed deposit (FD)

• Emerging markets have bounced back and cut in policy repo rates has eased key operations, he said, adding current

SBI, HDFC Bank and ICICI Bank are offering extra interest rates over the existing senior citizen interest rates for fixed

Bank FD Laddering Premature withdrawal Bank fixed deposit also known as term deposit is one of the most popular investment

• In 2019, however, RBI had allowed banks and NBFCs a one-time restructuring of loans of up to ₹25 crore

• Currently, banks have ample liquidity, and a comparatively less demand for loans due to the lockdown • This has

The unconditional government guarantee gives enough comfort to RBI to remove the risk weight on these loans, leaving banks with

Move likely to benefit 45 lakh units; tenor of these loans will be four years, valid up to 31 October,

State Bank of India has slashed interest rates on FDs ‘up to 3 years’ tenor by 20 bps The new