According to the report, Public Provident Fund (PPF) and National Savings Certificate (NSC) will continue to carry an annual interest rate of 7.1 per cent and 6.8 per cent, respectively, in the first quarter.
State Bank of India (SBI) has raised 3-year funds of $500 million (over Rs 3,800 crore) through a syndicated loan facility at "very fine pricing" through its IFSC Gift City branch.
HDFC Bank Limited has been adjudged Best Performing Bank in Self Help Group (SHG) Linkage by Deendayal Antyodaya Yojana - National Rural Livelihood Mission (DAY-NRLM).
The Ministry of Steel recently announced that the country exported 13.5 million tonnes (mt) of finished steel amounting to Rs 1 lakh crore and imported steel of around Rs 46000 crores.
PhonePe, a digital payments platform, has joined hands with an internet exchange point, Extreme IX to enable a faster digital payments experience for 370 million PhonePe users.