Should you invest in Yes Bank’s new floating rate FD?Savers will now be able to fetch returns in line with the changes in the central bank’s policy rate at all times. As the repo rate climbs u...
RIL arm picks up majority stake in NowFloats for Rs 142 croreThe stake purchase is aimed at strengthening the group's digital and new commerce initiatives.
SBI hikes margin over repo rate in new loan scheme from Oct 1The bank will charge additional spread/margin over the above mentioned rate in case of borrowers in specified situations where risk is asce...
Indian Bank to link retail & MSME loans to RBI's repo rate from October 1The RBI has mandated all banks to link their loans with external benchmarks, such as repo, aimed at faster transmission of rate cuts effect...
SBI to adopt repo rate as external benchmark for all floating rate loans from Oct 1"We have decided to adopt repo rate as the external benchmark for all floating rate loans for MSME, housing and retail loans effective Octo...
Oriental Bank to offer retail and small biz loan products linked with repo from Oct 1The new products will be available to borrowers from October 1 onwards.
Indian Overseas Bank to offer repo-linked loans from October 1The Reserve Bank through a notification in early September had advised banks to link all new floating rate for personal or retail loans and...
Navy’s new Floating Dock for warships and submarines launched near ChennaiFormally lowered into the waters of the Bay of Bengal, the Floating Dock project was commissioned by the Defence ministry in May 2015 for a...
Government sanctions nine new floating vessels for BSF along West Bengal, GujaratOfficials said these new vessels would be made and procured from Indian ship and vessel making firms, hopefully, within this financial year.
Dubai's new floating hotel: Luxury liner Queen Elizabeth 2 reopensThe Queen Elizabeth 2 (QE2) ocean liner has been given a new lease of life as a floating hotel in Dubai, 10 years after the Gulf Arab emira...
RBI to link base rate with MCLRIn its monetary policy review RBI said all base rates will be linked to MCLR effective from 1 April.
ICICI Bank cuts its MCLR by 5 basis points effective from October 1One year lending rate of the bank is now 9.05% while the one month and three month rate is identical at 8.85%.
Saint Gobain to further invest Rs 1,000 crore in Tamil NaduThis investment will be used for setting up its third float glass plant and new magnetron coater plant at Sriperumbudur.
- LSE listings up more than 500 per cent in 2010
The value of listings on the London Stock Exchange jumped over 500 percent this year as the British economy started growing again.
- SBI’s FD floating rate plan may hurt elders
Senior citizens, looking for assured returns, may be left in the lurch with the country’s largest lender, the State Bank of India, announci...
- LIC Housing Finance offers special rate of interest
LIC Housing Finance on Tuesday announced a special rate of interest for customers opting for floating rate loans.
- OBC increases home loan rates by 50-100 bps
Oriental Bank of Commerce has increased the rate of interest on home loans by 50 basis points to 100 basis points (0.5-1 per cent).