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SBI to reduce interest rates on SME loans

Apr 23, 2012
The State Bank of India (SBI) has decided to cut interest rates on loans to small and medium enterprises. This announcement was ma...

Leading banks lower interest rates

Apr 20, 2012
Leading lenders including ICICI Bank and Punjab National Bank have announced a cut in both lending and deposit rates, just two day...

Fin Min commends RBI rate cut

Apr 18, 2012
The Reserve Bank of India's (RBI) decision to cut policy rates by 0.50 percent for the first time in three years will help revive ...

Banks to pass on reduced cost of funds to borrowers

Apr 18, 2012
The cut in reverse purchase (repo) rate by 50 basis points by the Reserve Bank of India (RBI) on April 17 would reduce the cost of...

India Inc cheers RBI rate cut

Apr 18, 2012
Indian industry rejoiced at the interest rates cut by the Reserve Bank of India (RBI) on April 17 for the first time in three year...

Inflation will stay sticky in current fiscal: RBI

Apr 17, 2012
India's economic growth is likely to improve marginally in the current financial year from the projected growth of 6.9 percent in ...

RBI cuts key rates

Apr 17, 2012
The Reserve Bank of India (RBI) has cut some key rates by 50 basis points in a bid to push industrial growth and stimulate economy...

Inflation eases marginally in March

Apr 17, 2012
Inflation declined marginally to 6.89 percent in March as compared to 6.95 percent in the previous month even as prices of vegetab...

RBI recommends rehabilitation fund for MSMEs

Apr 16, 2012
The Reserve Bank of India (RBI) has recommended to the government to set up a rehabilitation fund for the sick micro, small and me...

India's economic growth rate about 7 percent this fiscal: ADB

Apr 12, 2012
India's economic growth is likely to rise marginally to 7 percent this fiscal from 6.9 logged in 2011-12 as global conditions stab...

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