State Bank of India ( SBI), which commands over 20 per cent of the
banking business in the country, announced a 0.25 per cent cut in
deposit rates across all maturities, bringing the rate of long- end (
8- 10 year) deposits down to 7.5 per cent.
Looks like SBI is trying to keep up with interest margin by lowering deposit rates. Now at 7.5% 8-10 year deposit becomes less attractive. Banks are flushed with money and their low credit off take.
AskDalal is a investment blogging portal dedicated to Indian investment community , where every blog answers a question.It may be stocks, bonds,commodity, real estate or anything else.Post your blog title or a question, community will do research and answer the question to give you your own research report.It is 100%free , no registration is required to browse and ask questions.It's great for writers looking for article topic,and cool for investor looking for answers.
| User | Points |
|---|---|
| suniljain | 10,440 |
| admin | 2,990 |
| rahul das | 2,460 |
| anilmehta | 1,710 |
| dipak | 1,540 |
| rakeshseth | 1,500 |
| himesh | 1,350 |
| stockguru | 1,110 |
| shah | 1,060 |
| bharat_vora | 1,040 |
Are you an MBA (finance) students, economics students, or journalist with broad interest in stocks, investing and finance. Do you want to polish your skills before getting into job market ? Come join askdalal as Research Analyst.Email your resume to tripti.shah@askdalal.com.
If your resume is impressive you will get chance to show your talent,polish your skills and earn money along the way. At the convenience of sitting at your home computer. See rules for askdalal investment analyst.
Recent Comments and talks
1 year 6 weeks ago
2 years 3 weeks ago
2 years 23 weeks ago
2 years 23 weeks ago
2 years 25 weeks ago
2 years 25 weeks ago
2 years 25 weeks ago
2 years 26 weeks ago
2 years 26 weeks ago
2 years 26 weeks ago