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Business News Today: After the repo rate cut by the Reserve Bank of India (RBI), banks are continuously giving this benefit to their customers. In this context, SBI has changed the loan interest rates. Country and world…read more
Business News Today: State Bank of India (SBI), the country’s largest government bank, has given great news to its customers. After the Reserve Bank of India (RBI) cut the repo rate by 0.25 percent, SBI has announced a reduction in loan interest rates. The new rates will be applicable from December 15, 2025. Every big news related to the business world of the country and the world, stock market movements, results of companies, IPO updates, banking-finance, gold-silver prices and important movements related to the economy, all at one place. Stay connected with us and keep a close eye on every activity in the business.
December 13, 202509:02 IST
Cloud data center capacity in India is expected to increase 4-5 times by 2030.
Cloud data center capacity in India has reached approximately 1,280 MW, mainly serving banks, power and other critical public sectors. The government informed Parliament on Friday that this capacity can increase by 4-5 times by 2030. Union Minister of State for Electronics and IT Jitin Prasad said in the Rajya Sabha that the number of data centers in India is continuously increasing and the reason for this is the rapidly increasing use of digitalization and Artificial Intelligence (AI) in the government and private sector and increase in demand for cloud services.
December 13, 202508:04 IST
PM Modi on important tour of Gulf countries
Prime Minister Narendra Modi will be on a tour of Jordan, Ethiopia and Oman between 15 to 18 December. PM Modi will reach Oman in the third phase of his visit on 17 to 18 December. read ahead
December 13, 202508:01 IST
SBI reduced interest rate by 0.25%
State Bank of India (SBI) has reduced the interest rate by 0.25 percent. This has made loans cheaper for existing and new borrowers. The bank has taken this step after RBI cut the policy rate repo by 0.25 percent this month. With this cut, the External Benchmark Lending Rate (EBLR) linked to SBI’s repo rate will reduce by 0.25 per cent to 7.90 per cent.
