The Telegraph
Wednesday , October 30 , 2013
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Business

Balancing act offers respite

Home loan borrowers can heave a sigh of relief as commercial banks appear unlikely to raise home and personal loan rates in a knee-jerk reaction to the Reserve Bank of India’s decision to raise the repo rate by 25 basis points to 7.75 per cent. ...   | Read..
 

Absence of shock leads to a surge

A hike in the repo rate would have normally come as a disappointment to investors, but on Tuesday they gave a thumbs-up to the second-quarter review of the monetary polic...   | Read..
 

Fillip for foreign banks

Foreign banks planning to set up a subsidiary in India will need a minimum net worth or paid-up voting equity capital of Rs 500 crore and will be accorded a “near n...   | Read..
 

Frequency freedom

The RBI today allowed banks to revise the frequency of interest payments on savings accounts and term deposits. ...   | Read..
 

Infy to settle visa case

Infosys is close to completing a civil resolution with the US government regarding investigation into alleged violation of visa norms by the company....   | Read..
 
Balancing act offers respite


 Press Releases
 

SMS alert fee

The RBI today asked banks to charge customers for transaction SMS alerts on the basis of use, instead of imposing a fixed fee...   | Read..
 
 
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