SBI Dividend: India’s largest state-run lender declares 1,590% dividend of  ₹15.90/share for FY25; Record date fixed | Stock Market News

SBI Dividend: India’s largest state-run lender declares 1,590% dividend of ₹15.90/share for FY25; Record date fixed | Stock Market News

Source: Live Mint SBI Dividend: India’s largest public sector bank, the State Bank of India, on Saturday, May 3, 2025, announced a dividend issue for its financial year ended 2024-25, according to an exchange filing. The institutional lender declared a ₹15.90 per equity share with the face value of Re 1 apiece.  Also Read |…

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Expert view: Profit booking on rallies may continue; banking, infra, FMCG appear promising, says Amit Jain of Ashika | Stock Market News

Expert view: Profit booking on rallies may continue; banking, infra, FMCG appear promising, says Amit Jain of Ashika | Stock Market News

Source: Live Mint Expert view: Amit Jain, the co-founder of Ashika Global Family Office Services, believes short-lived rallies will continue to be followed by quick corrections in the Indian stock market until there’s more clarity on global trade and interest rate directions. In an interview with Mint, Jain said banking, infrastructure, FMCG, and healthcare appear…

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ATM cash withdrawals to become costly? RBI plans to raise interchange fee, says report | Mint

ATM cash withdrawals to become costly? RBI plans to raise interchange fee, says report | Mint

Source: Live Mint The Reserve Bank of India (RBI) is planning to raise the maximum fees that banks can charge customers for exceeding the “free five transactions” limit and the ATM interchange fees, reported the Hindu BusinessLine news portal, citing people aware of the development on Tuesday, February 4. This increase in charges will mean…

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Outlook 2025: Kotak Securities is bullish on banking, pharma & 2 other sectors in the year ahead | Stock Market News

Outlook 2025: Kotak Securities is bullish on banking, pharma & 2 other sectors in the year ahead | Stock Market News

Source: Live Mint Blame it on geopolitical tensions, global economic weakness, or elevated interest rates, among other factors, but the Indian stock market saw significant volatility in the calendar year 2024. Sample this: Between March and June 2024, the equity benchmark Nifty 50 remained rangebound, fluctuating between 22,339 and 22,821 levels, advancing by barely 500…

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Credit Lines on UPI: RBI Governor Shaktikanta Das says small finance banks to now offer facility | Mint

Credit Lines on UPI: RBI Governor Shaktikanta Das says small finance banks to now offer facility | Mint

Source: Live Mint Reserve Bank of India (RBI) Governor Shaktikanta Das, during the Monetary Policy Committee (MPC) meeting announcement on December 6, said the bank’s facility of providing credit lines through Unified Payments Interface (UPI) will now be expanded. Das said that while the facility started with commercial banks, it will now be expanded to…

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