'We are going to need more technical people in government.''You can't expect a generalist to understand the complicated world of financial engineering.''I regret to say that most of our politicians......
Home loans rates may have gone up, but banks seem to be in no hurry to hoist their benchmark prime lending rates.A month after the credit policy signalled a reversal of cheap money, the only bank......
Close on the heels of a cut in the interest rate on long term domestic deposits, State Bank of India is now contemplating a downward revision in its prime lending rates."The soft interest rate......
Indian Overseas Bank on Tuesday announced interim dividend of 12 per cent to its shareholders and a reduction of 0.5 per cent in its primary lending rate, taking it to 11 per cent.Speaking to......
Bank of India has decided to reduce its prime lending rate by 50 basis points to 11 per cent with effect from December 1, 2003. The bank took this decision so as to align its PLR with that of peer......
The new rates vary from 8.80 to 9.05 per cent on various slabs of loans. Illustration: Uttam Ghosh/Rediff.com Ahead of the Reserve Bank's monetary policy announcement, mortgage lender HDFC on......