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For those millions of home loan borrowers who were sulking at their decision to go for floating rate of interest, and who found their own interest rates being regularly reset even as new borrowers were being assiduously besought with lower rates

Oriental Bank of Commerce (OBC) and SBI Cards on Saturday rolled out their co-branded credit cards for the bank’s customers.

To give a boost to car sales and making it affordable to general public, State Bank of India, the country’s largest Bank reduced the rate of interest on car loans to 11.25% with lowest EMI of Rs.1,725/- per lac for 7 years period.

The State Bank of India (SBI) would decide on its overseas fund-raising programme next month, its managing director for international banking operations, Hemant Contractor, said on Friday.

Fearing credit turning bad assets in the wake of high interest rates, a number of state-run banks, led by State Bank of India (SBI), have decided to raise home loan tenures to 25-30 years or till the borrower touches 70 --well past their working age.

After goading by the Government and fearing risks to asset quality, a number of state-run banks, led by SBI, Central Bank, Syndicate and Canara, have decided to raise home loan tenors to 25 to 30 years or till the borrower touches 70,

State Bank of India will have to weigh the slowdown in credit growth and asset quality pressures before passing on to borrowers any further interest rate hikes by the Reserve Bank of India, according to Mr Hemant Contractor, Managing Director.

Student lender Sallie Mae said Wednesday its third-quarter loss narrowed as the amount it had to write down on goodwill and other assets declined.

Nutmeg State Federal Credit Union will open its seventh Connecticut location next week inside the Price Chopper supermarket in Newington.

SBI Mutual Fund has launched SBI Debt Fund Series-18 Months–8 scheme, a close-ended income scheme. SBI MF new fund offer closes 20th October