State Bank of India (SBI) plans to open 600 branches across the country in the current financial year to capitalize on business opportunities in emerging areas, including large residential townships. “We have strong branch expansion plans… this will primarily focus on emerging areas. Many residential colonies are not currently covered by us. We are planning […]

Private banks are cutting lending rates to attract high-quality loan accounts. Recent data from the Reserve Bank of India reveals that private banks lowered rates by 15 basis points in August.Between July and August 2024, the WALR increased by 9 basis points, driven primarily by a 14 basis point rise in public sector banks, while […]