Financial Sector Secretary Arun Ramanathan

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IDBI Home Finance sale faces hurdles

The IDBI Bank board will meet on Friday to decide if the bank should sell its wholly-owned subsidiary, IDBI Home Finance, to Dewan Housing Finance Corporation at a valuation that is below what has......

BoI cuts lending rate by 75 bps

Bank of Indiaannounced on Monday a 75 basis point (bps) cut in its benchmark prime lending rates.With this reduction, the banks BPLR will fall to 12.50 per cent from January 1. The bank has also......

PSU banks to cut deposit, lending rates in Jan

While deposit rates are expected to come down by up to 100 basis points, a decision on benchmark prime lending rates (BPLR) will be taken by banks over the next few days. The decision came after a......

Home, auto loans may get cheaper soon

Home and auto loans are likely to become more cheaper with several PSU banks promising to revise their lending rates if RBI eases its monetary policy on Saturday. RBI Governor D Subbarao is......

PM reviews measures to ease liquidity crunch

Prime Minister Manmohan Singhon Mondayreviewed measures taken by the government to ease the liquidity crunch faced by India Inc arising out of the global financial crisis as well as discussed......

Rediff News

Financial Sector Secretary Arun Ramanathan

News for Financial Sector Secretary Arun Ramanathan

IDBI Home Finance sale faces hurdles

BoI cuts lending rate by 75 bps

PSU banks to cut deposit, lending rates in Jan

Home, auto loans may get cheaper soon

PM reviews measures to ease liquidity crunch

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