Posts Tagged ‘bank of india’

SBI scraps teaser home loans; stock up

The State Bank of India scrapped the so-called teaser home loans that benefited four lakh home buyers. View full post on All Stories

RBI scores in a slow waltz

The Reserve Bank of India (RBI) hike of key policy rates on Thursday – the eighth time this fiscal year- indicates that the policy measures are working, albeit with a time lag. View full post on All Stories

Non-recovery of MFI loans could spill over

The Reserve Bank of India expressed concerns on a possible impact of non-recovery of loans by microfinance institutions spilling over to other states and channels, including bank lending through self help groups. View full post on All Stories

Reliance Communications pays Rs 21.8-cr fine to RBI

Reliance Communications has, for the first time, paid compounding charges to the Reserve Bank of India after the telecom major was found to have violated government guidelines for raising $1.5 billion of overseas loans. View full post on All Stories

Indian government had no outstanding loans with RBI as on Nov 5

India government did not have any outstanding loans from the RBI in the week ended November 5, 2010, according to the weekly statistical supplement of the Reserve Bank of India on Friday. View full post on All Stories

Indian government had no outstanding loans as on Oct. 15

Indian government did not have any outstanding loans from the Reserve Bank of India (RBI) in the week ended October 15, 2010, the RBI said on Friday. View full post on All Stories

Indian government had no outstanding loans as on Oct. 8

Indian government did not have any outstanding loans from the Reserve Bank of India (RBI) in the week ended October 8, 2010, the RBI said on Friday. View full post on All Stories

State governments borrowed 1.16 bln rupees as on October 1: RBI

Indian government did not have any outstanding loans from the Reserve Bank of India (RBI) in the week ended October 1, 2010, the RBI said on Friday. View full post on All Stories

United Bank of India expects better credit demand from Q3

City-based public sector United Bank of India (UBI) expects credit disbursals to grow from the third quarter (October-March) of the current fiscal (2010-11) on better demands from infrastructure and steel sectors. View full post on All Stories

Banks make loans more expensive

Lending rates have started rising after more than two years. Five banks have increased their benchmark lending rate — or the base rate — even as the country’s largest lender, State Bank of India, decided to maintain status quo. All corporate and retail loan rates linked to the base rate will now go up. View [...]

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