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  • Aug
    31
    Micro lenders to cut interest rates by 2-3%
    By Kumar Shankar Roy

    Under pressure from social as well as political forces, a sizeable number of microfinance institutions (MFIs) in the country have agreed to reduce interest rates by 2-3 per cent range

  • Repco bets on scheme for govt staff and micro-housing loans

    Chennai-based affordable housing finance firm Repco Home Finance (RHFL), majority owned by Repco Bank, is betting big on two new housing finance schemes for growth, a top official said.

  • New, investor-friendly Ulips hit market today

    After having been spoilt for choices, customers buying unit linked insurance plans (Ulips) will have limited options from today (September 1). The number of Ulip schemes available in the

  • Aug
    30
    Equity funds lag own benchmarks

    A majority of equity funds underperformed their benchmark indices over a five-year period. About 64 per cent of large-cap equity funds underperformed the S&P CNX Nifty index over the

  • Aug
    29
    Govt to table DTC bill tomorrow
    By PTI

    The Government will table the much-awaited Direct Taxes Code (DTC) bill in the Lok Sabha tomorrow, that is expected to provide relief to income tax payers, both personal and corporate,

  • Aug
    27
    EPFO trustees likely to fix rate of return at 8.5%
    By Reuters

    For the sixth year in a row over 4. 7 crore subscribers of retirement fund manager EPFO are likely to get 8

  • Aug
    25
    Gold investment high, but demand for jewellery drops

    The demand for gold jewellery in India was down by two per cent in the second quarter of 2010, compared to the same period last year.
    India, the largest jewellery

  • Aug
    23
    Dena Bank launches new deposit schemes

    Dena Bank plans to mop up Rs 4,500 crore through its three deposit schemes in a bid to increase its long term funding base. The bank is also working

  • Dena Bank launches new deposit schemes

    Dena Bank plans to mop up Rs 4,500 crore through its three deposit schemes in a bid to increase its long term funding base. The bank is also working

  • Lakshmi Vilas Bank set to shed southern image

    Lakshmi Vilas Bank is aiming a 30-35 per cent growth in this financial year. The bank is targeting 30 per cent growth in retail fixed deposits

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