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Niti Kiran
New Delhi, February 12, 2018
A major setback for banks was the decline in other income which is primarily due to the rise in yields on investments which affected profit and loss due to the market-to-market losses that were booked, adds the report.


PTI
New Delhi, February 10, 2018
Brushing aside any need to worry about rising global oil prices, Jaitley said an assessment should not be made based on hypothetical situation concerning crude prices as the trend in the last three days has been the opposite.


www.businesstoday.in
February 10, 2018



BusinessToday.in
February 9, 2018
HDFC Bank, India's second largest bank by assets, is the latest to do so. It raised its benchmark marginal cost of funds based lending rate (MCLR) by 10 basis points on the same day that MPC announced its vote.


PTI
New Delhi, February 8, 2018
Old home loans are likely to become cheaper with the RBI asking banks to link from April 1 the base rate with MCLR, which is more sensitive to policy rate signals.


Mail Today Bureau
February 8, 2018
The RBI on Wednesday announced that it will link the base rate with the Marginal Cost of Funds based lending rates from April 1 this year to ensure that banks pass on the benefit of reduced policy rates to borrowers.


www.businesstoday.in
February 7, 2018



BusinessToday.in
February 6, 2018
It took 29 days for the Sensex to climb up nearly 2,500 points last month, hitting a peak of close to 36284 on January 29. But it took just eight days to lose this hard-won ground, eroding investors' wealth by over Rs 6 lakh crore along the way.


BusinessToday.in
February 6, 2018
Rising oil prices, prices accelerating at the fastest pace in 17 months and the government's plans to raise crop support price are likely to restrain the apex bank from slashing benchmark lending rate for the third time in a row.


Priyadarshini Maji
NA, February 6, 2018
With new players ready to fund both traditional and offbeat courses, securing the right loan will no longer be a daunting task.


BusinessToday.in
New Delhi, February 2, 2018
Finance Minister Arun Jaitley unveiled a new National Health Protection Scheme under which a health coverage of upto Rs 5 lakh per family will be offered for secondary and tertiary care hospitalization.


www.businesstoday.in
February 1, 2018



PTI
January 3, 2018
The funding comes under Indradhanus plan of the government which promised Rs 70,000 crore over period of four years ending March 2019.


Dipak Mondal
New Delhi, January 2, 2018
The SBI base rate cut to 8.65% from 8.95% is likely to benefit 8 million customers


BusinessToday.in
January 2, 2018
The base rate reduction, effective January 1, will benefit  nearly 80 lakh of existing customers of the SBI whose loans are still linked to the base rate and not the marginal cost of funds-based lending rates (MCLR).


Mail Today Bureau
January 2, 2018
The nation's largest lender reduced the base rate to 8.65 per cent for existing customers from 8.95 per cent, while the BPLR is down from 13.70 per cent to 13.40 per cent with effect from January 1.


www.businesstoday.in
January 1, 2018



www.businesstoday.in
January 1, 2018



Karan Dhar
December 29, 2017
While the jury is still out on the after-effects of a policy where the government loosens its purse strings to prop up demand, the move could make an interest rate cut by the central bank more elusive.


PTI
December 25, 2017
In a white paper submitted to the government, the Society of Indian Automobile Manufacturers (SIAM) also mooted exemption of road tax for EVs, while stating that a multi- pronged, segment and customer specific policy will be needed for a successful transition to electric mobility.


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