New Delhi [India], Jan. 3 (ANI): Housing, auto and corporate loans are all set to become cheaper as many PSUs and private banks on Tuesday steeply reduced the benchmark lending rate by up to 1.48 percent after spurt in deposits following demonetisation.
New Delhi [India], Jan 1 (ANI): The State Bank of India (SBI) after experiencing a surge in deposits on Sunday announced a rate cut in lending rates by 90 basis points for maturities ranging from overnight to three-year tenure.
Hyderabad (Telangana) [India], Dec. 29 (ANI): The Hyderabad Police arrested two businessmen associated with Musaddilal jewellery for allegedly generating 'fake and fictitious' advance payment receipts to deposit Rs. 98 crore in banks post the demonetisation drive on November8.
New Delhi [India], Dec. 27 (ANI): The Bharatiya Janata Party (BJP) on Tuesday asked the Bahujan Samaj Party (BSP) to come clean after the Enforcement Directorate detected cash deposits totalling over Rs. 104 crore in an account belonging to Mayawati-led party and said that this matter should
Kolkata (West Bengal) [India], Dec. 20 (ANI): The Bharatiya Janata Party (BJP) on Tuesday alleged former finance minister P. Chidambaram's assertion that the Reserve Bank of India (RBI) keeps making new rules on deposits post demonetisation and Finance Minister Arun Jaitley contradicts
New Delhi [India], Dec. 20 (ANI): Asserting that the Reserve Bank of India (RBI) keeps making new rules on deposits post demonetisation and Finance Minister Arun Jaitley contradicts them, senior Congress leader P. Chidambaram on Tuesday stated that the citizens have no clue who to believe as
New Delhi [India], Dec. 20 (ANI): The Congress on Tuesday cornered the government over the recent Reserve Bank of India (RBI) announcement on deposits, saying the ruling dispensation has made mess of the November 8 demonetisation drive.
Mumbai/ New Delhi [India], Dec. 20 (ANI): The Nationalist Congress Party (NCP) on Tuesday cornered the government over the decision to lower the interest rate on provident fund deposits and accused the ruling dispensation of helping big organisations while 'troubling' the lower inc
New Delhi [India], Dec. 20 (ANI): Condemning the Centre's decision to lower the interest rate on provident fund deposits, senior advocate and Congress leader K.T.S Tulsi on Tuesday said it is sheer robbery and dacoity, adding the government is not taking action to ensure that the invest
New Delhi [India], Dec. 20 (ANI): With the Opposition joining hands against the Prime Minister Narendra Modi-led government's decision to demonetise high-denomination currency notes of Rs. 500 and Rs. 1,000, Congress president Sonia Gandhi's son-in-law, Robert Vadra on Tuesday join
New Delhi [India], Dec. 19 (ANI): Clarifying over the confusion on reports that deposits of more than Rs 5,000 in old notes are allowed just once per account until December 30, 2016, Finance Minister Arun Jaitley said Monday there is no limit as such of Rs 5000 and any person can deposit any
Bengaluru (Karnataka) [India], Dec. 19(ANI): Union Labour Minister Bandaru Dattatreya on Monday said that the government has fixed 8.65 percent interest on Employee Provident Fund (EPF) deposits, adding this is the best rate that can be fixed in the present economic scenario.