Hit by high interest rates growth in commercial credit offtake from banks by major sectors slowed to 18. 9 per cent in July 2011 from 20 per
Finance Minister Pranab Mukherjee will meet leaders of Indian industry, including Ratan Tata, Mukesh Ambani, Anil Ambani and Sunil Bharti Mittal, on Monday as the government tries to tackle a
The Reserve Bank today said that concerns on current account deficit (CAD) have receded but not dissipated. CAD which amounted to 3
Fresh selling pressure and no support emerging at lower levels amidst heavy capital outflows from foreign funds on fears of rise in interest rates pulled down the BSE benchmark Sensex
Public sector IDBI Bank today hiked interest rates on retail deposits by up to 0. 75 per cent varying according to maturities in line with peers
ICICI Bank, the country's largest private sector bank, today said there was pressure on interest rates following RBI intervention to check inflation, and that loans may cost more with pick
Micro finance companies today agreed to reduce interest rates they charged from borrowers to 24 per cent after a meeting with financial services secretary R Gopalan here. A cut in
Public sector lender Dena Bank today increased interest rates for non resident Indians' deposits made in Pound Sterling and Euro currencies.
NRIs can earn interest at 2
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