'We are going to need more technical people in government.''You can't expect a generalist to understand the complicated world of financial engineering.''I regret to say that most of our politicians......
What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister......
Bank of India has decided to reduce its prime lending rate by 50 basis points to 11 per cent with effect from December 1, 2003. The bank took this decision so as to align its PLR with that of peer......
The new rates vary from 8.80 to 9.05 per cent on various slabs of loans. Illustration: Uttam Ghosh/Rediff.com Ahead of the Reserve Bank's monetary policy announcement, mortgage lender HDFC on......
Loans from premier public sector lender, State Bank of India, will be cheaper with the bank deciding to cut its prime lending rateby 0.75 per cent from Monday.Accordingly SBI's PLR will stand......
Close on the heels of a cut in the interest rate on long term domestic deposits, State Bank of India is now contemplating a downward revision in its prime lending rates."The soft interest rate......
Home loans rates may have gone up, but banks seem to be in no hurry to hoist their benchmark prime lending rates.A month after the credit policy signalled a reversal of cheap money, the only bank......