North East  /  Published 20.12.18

Sonowal, Sarma take on Rahul over his tweet

Assam chief minister Sarbananda Sonowal and finance minister Himanta Biswa Sarma have hit back at Rahul Gandhi after the Congress president tweeted that his party had managed to wake up the Assam and ...
By Our Bureau in Guwahati

India  /  Published 21.01.19

Red flag on budget convention

Former finance ministers Yashwant Sinha and P. Chidambaram believe that any attempt by the Narendra Modi government to break with the time-honoured convention of presenting an interim budget that is d...
By Jayanta Roy Chowdhury and Sanjay K. Jha in New Delhi

Business  /  Published 09.04.19

SBI cuts lending rates by 5 bps

External benchmarkSBI had earlier announced that some of its loans and deposits will be linked to the repo rate from May 1.Saving bank deposits with balances of over Rs one lakh and short-term loans w...
By Our Special Correspondent in Mumbai

Business  /  Published 13.05.20

BRICS' bank disburses $1bn loan to India

The New Development Bank of the BRICS countries has fully disbursed USD one billion emergency assistance loan to India to help it contain the spread of Covid-19 and reduce human, social and economic l...
By PTI in Beijing

Business  /  Published 02.11.18

Quick loans to win hearts

Prime Minister Narendra Modi on Friday launched a programme to give speed loans of up to Rs 1 crore in under 59 minutes to small and medium businesses. The BJP-led government’s move is been seen by ...
By Our Special Correspondent in New Delhi


Business  /  Published 09.09.19

SBI offers loans at lower rates

The State Bank of India has lowered its marginal cost of funds-based lending rates (MCLR) by 10 basis points, effective from Tuesday. This is the fifth rate cut by the SBI in the ongoing financial yea...
By TT Bureau in Calcutta

West Bengal  /  Published 06.09.19

Loans to pay but homeless

For over 200-odd residents of Durga Pituri Lane, Syakrapara Lane and Gaur De lane in Bowbazar, a swirl of worries seems to be hovering around their existence.Most of them being tenants with no pucca r...
By Our Special Correspondent in Calcutta

Business  /  Published 27.11.18

Srei in pact for Nordic equipment

“With the strong infrastructure push from the government, construction equipment demand will remain strong,” said Vyas. Construction equipment financing sector is likely to grow at a CAGR of 20-21...
By A Staff Reporter in Calcutta

Business  /  Published 07.06.20

Indian Overseas Bank cuts MCLR by up to 30 bps

Public sector lender Indian Overseas Bank has cut marginal cost of funds based lending rate (MCLR) by up to 0.30 per cent across all tenors, which will bring down cost for consumer loans.The benchmark...
By PTI in New Delhi

Business  /  Published 01.10.18

Home, other loans turn costlier

Home loans are set to turn costlier with lenders such as the State Bank of India, ICICI Bank and Kotak Mahindra Bank and housing finance company HDFC raising the lending rates by 5-10 basis points on ...
By Our Special Correspondent in Mumbai


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