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Banks Caught In A Trap

The cost of deposits is on the rise, but banks can't raise interest rate on close to 60% of their loan books, points out Tamal Bandyopadhyay. Illustration: Uttam Ghosh/Rediff.com The earnings......

New Interest Regime: Both Customers And Banks To Feel Pain

Shifting to floating rate deposits can work as an anaesthetic gel for some customers, points out Tamal Bandyopadhyay. IMAGE: The scene inside a bank. Kindly note the image has been posted only for......

Adani Green Energy to raise $1.8 bn from foreign banks

The company will raise $1.8 billion for the under construction and contracted portfolio of 12 GW, which includes the country’s first manufacturing-linked solar power plant of 8 GW. IMAGE:......

SBI's new interest rate for savings A/C holders decoded

The bank will give 3.25 per cent interest on savings bank deposits with a balance exceeding Rs 100,000. At present, the interest rate is 3.5 per cent. Savings bank account holders in SBI having......

RBI keen to link home, auto loans with external benchmark

Currently, banks follow system of internal benchmarks, including Prime Lending Rate, Benchmark Prime Lending Rate, Base rate and Marginal Cost of Funds based Lending Rate. Illustration: Uttam......

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News for Plr

Banks Caught In A Trap

New Interest Regime: Both Customers And Banks To Feel Pain

Adani Green Energy to raise $1.8 bn from foreign banks

SBI's new interest rate for savings A/C holders decoded

RBI keen to link home, auto loans with external benchmark

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