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SBI refutes claims of plummeting Indian household savings, cites shift to physical assets
Investing.com via Yahoo Finance· 7 months agoThe State Bank of India (SBI) has dismissed allegations that Indian net household financial savings have reached a five-decade low, arguing that the assessment of household saving capacity should also encompass physical savings.
State Bank of India UK disrupts buy-to-let mortgage market with 3.9% interest rate
Investing.com via Yahoo Finance· 7 months agoState Bank of India's UK arm (SBI UK) has introduced a 3.9% interest rate on its two-year fixed buy-to-let mortgage, significantly undercutting the current market average of 6.48%, as reported ...
Shift from financial to physical savings in India amid low-interest rate regime
Investing.com via Yahoo Finance· 7 months agoThe claim that Indian net household financial savings have declined to a 50-year low is misleading, according to research published by the State Bank of India (SBI) on Thursday. The bank's economists ...
Tata Steel rating upgrade and significant stock movements mark Tuesday's trading
Investing.com via Yahoo Finance· 7 months agoOn Tuesday, a series of significant events unfolded in the Indian stock market, affecting several major companies. Tata Steel saw its long-term rating raised by Moody's (NYSE:MCO) from Ba1 to ...