On the heels of the provident fund board hiking interest rates by a percentage point to 9.5 per cent, the RBI today signalled to banks to raise fixed deposit rates to compensate small savers for......
In what could be a precursor to a cut in lending rates, Indian Bank and Uco Bank On Tuesday said they are reducing deposits rates. The decisions come within 24 hours of the home loan package......
Cost of home, auto and corporate loans may not go up immediately, even though the Reserve Bank of India on Tuesday raised short-term key policy rates by 25 basis points to check high inflation,......
Do not go for riskier options like co-operative bank only for the higher return. Even if you go for them, park only a small portion of your capital there, say Tinesh Bhasin and Sanjay......
If 2009 was a year when three of the country's largest private sector financial services groups saw new faces at the top, next year could see over a dozen new faces lead state-owned financial......