867 crorefor the construction of “Air Independent Propulsion(AIP)Plug for Defence Research and Development Organisation (DRDO)-AIP system and its integration onboard Indian Submarines”, and “the integration of Electronic Heavy Weight Torpedo(EHWT)onboard the Kalvari-Class submarines”....
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Currently, SBI's interest rate is 3.4%. The average saving account interest rate of all banks is 4 percent.- Facilities are available on this account also. Such as electricity bill, telephone bill, e-banking facility, etc. It all happens online. Through the internet.With this account, yo...
State Bank of India (SBI) has launched India’s first ‘Green Car Loan’ (Electric Vehicle) to encourage customers to buy electric vehicles. The new scheme ‘Green Car Loan’ will offer the loan at 20 basis points lower than the interest rate on the existing car loan schemes. SBI has al...
Minimum Account balance. You will also have to maintain a monthly average balance to avoid penalties. Non-maintenance of sufficient funds can lead to MAB charges. For SBI it is shown below. Less Interest Rate: Savings accounts offer less interest rates offered(3.5% to 6%). If you invest th...
The US Federal Reserve slashed the key interest rate to virtually zero in response to the growing economic impact of the new corona virus. The Fed made its second emergency rate cut in less than two weeks, cutting the benchmark borrowing rate to a range of 0-0.25%....
India has been recording the highest growth rate amongst the Brazil, Russia, India, China and South Africa (BRICS) economies, as per report of KPMG titled “India Soars Higher”. India, World’s 6th largest economy at $2.6 Trillion: IMF ...
Also, there is a high chance that highest interest rate will continue to go down until the end of terms of CEOs of savings banks as President Moon Jae-in declared highest interest rate of 20% as one of his presidential election pledges. Actually, savings banks have been conservative in mana...
SBI has lowered the growth rate of India to 4.6% in the fiscal year 2020 in its report' Ecowrap'. The report unveiled that agriculture and allied activities are expected to grow at 2.8%, while growth in industry estimated to grow at 2.5% in fiscal year 2020. The service sector is also...
The Reserve Bank of India has placed the Punjab and Maharashtra Cooperative (PMC) Bank Limited, Mumbai, Maharashtra under Directions. According to the Directions, depositors will be allowed to withdraw a sum not exceeding 1,000 rupees of the total balance in every savings bank account or current...