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Business
SBI will update IMPS fees for certain transactions starting on August 15
13 Aug 2025 4:22 PM IST
New Delhi, Aug 13: The State Bank of India (SBI) will revise Immediate Payment Service (IMPS) charges for retail customers from August 15, introducing nominal fees for certain online high-value transactions while keeping small-value transfers free.All customers will continue to receive free...
Business
RBI may go for 50 bps jumbo rate cut to counter uncertainty: SBI report
2 Jun 2025 12:50 PM IST
A new SBI report on Monday projected a mega 50-basis point rate cut in June’s RBI MPC policy, saying that a large rate cut could reinvigorate a credit cycle and act as a counterbalance to uncertainty
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