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Financial Benchmarks India Pvt Ltd

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Sensex tumbles 724 points; bank stocks drag

Benchmark stock indices Sensex and Nifty tanked around 1 per cent on Thursday dragged by selling in banking and auto shares due to increased uncertainty about the timing of interest rate cuts after......

Fitch Ratings raises Reliance's outlook to positive

The rating affirmation reflected RIL's strong business profile - a large-scale refinery with a capacity of around 1.2 million barrels a day and dominant market position in petrochemicals. Fitch......

Floating rate borrowers need easy portability

Most borrowers may not be aware, but quite a few banks already offer external benchmark linked home loans to favoured borrowers, says Harsh Roongta. Photograph: Kind courtesy nikcname/Creative......

Interest on home, auto loans to be linked to new benchmarks from April 1

The final guidelines to link the interest rate to external benchmarks will be issued by the end of this month Illustration: Uttam Ghosh/Rediff.com In a bid to ensure greater transparency, the RBI......

Sensex ends below 27K; banks, auto fall, metals shine

Markets trimmed intra-day gains weighed down by financials while IT majors shares ended lower on caution ahead of US jobs data later today. The 30-share Sensex ended down 45 points at 26,768 and......

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