News for 'Plr Years'

The cost of deposits is on the rise, but banks can't raise interest rate on close to 60% of their loan books, points out Tamal Bandyopadhyay. Illustration: Uttam Ghosh/Rediff.com The earnings...

In a bid to make lending rates favourable to borrowers, the Reserve Bank of India is likely to introduce benchmark prime lending rate based on various parameters like actual cost of funds,...

The company will raise $1.8 billion for the under construction and contracted portfolio of 12 GW, which includes the country’s first manufacturing-linked solar power plant of 8 GW. IMAGE:...

Banks that had cut their prime lending rates early this year on cues from the government are reviewing the decision due to a sharp rise in inflation. A host of public sector banks had cut interest...

Shifting to floating rate deposits can work as an anaesthetic gel for some customers, points out Tamal Bandyopadhyay. IMAGE: The scene inside a bank. Kindly note the image has been posted only for...