Last Updated: Wednesday, September 9, 2015, 16:04
Highlights of the two gold schemes approved at a Cabinet meeting chaired by Prime Minister Narendra Modi.
Last Updated: Sunday, September 6, 2015, 11:12
After getting the committee's nod, it will then be placed before the EPFO's apex decision making body the Central Board of Trustees' (CBT) headed by the Labour Minister.
Last Updated: Monday, August 31, 2015, 22:56
Starting a fresh round of rate cuts after repeated calls from RBI, private lender HDFC Bank and state-run Canara Bank Monday lowered their lending rates by up to 0.35 percent, a move that will make home and other loans cheaper for consumers.
Last Updated: Monday, August 31, 2015, 21:14
Axis Bank, country's third largest private sector lender, Monday cut its deposit rates, generally considered a precursor for a lending rate cut, by up to 0.50 percent across maturities.
Last Updated: Saturday, August 29, 2015, 20:23
Facing economic downturn, China today removed 75 percent loan-to-deposit ratio stipulation for its commercial banks to improve liquidity and imposed USD 2.5 trillion as ceiling for local governments to control the spiralling debt.
Last Updated: Friday, August 14, 2015, 15:52
The bank has reduced base rate to 9.90 percent from 10 percent.
Last Updated: Wednesday, August 5, 2015, 23:11
State-owned Punjab National Bank Wednesday reduced interest rate on fixed deposits on select maturities by up to 0.50 percent.
Last Updated: Friday, July 31, 2015, 16:40
The government has ordered probe against as many as 16 firms, including Saradha Housing, in the current fiscal (2015-16) for allegedly being involved in illegal deposit-taking activities, Parliament was told on Friday.
Last Updated: Thursday, July 30, 2015, 19:37
Country's second largest private lender HDFC Bank on Thursday said there is a scope for further cuts in the lending rates as loan growth is trailing deposit growth.
Last Updated: Monday, July 27, 2015, 20:26
Country's third-largest private sector lender Axis Bank on Monday announced a rate cut of up to 0.25 percent on its bulk deposits across three different maturities.
Last Updated: Saturday, July 25, 2015, 15:39
Oriental Bank of Commerce (OBC) has reduced interest on term deposits by 25 basis points on select maturities with effect from July 27.
Last Updated: Tuesday, July 7, 2015, 17:41
Government is looking at raising Rs 15,000 crore in the current fiscal through the gold bond scheme, for which a cabinet note is likely to be moved for consideration later in the month.
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