Questions that the state had come to recognise over time but consistently delayed treating seriously because doing so requires an overhaul of perspective and lifestyle, notes Shyam G Menon. IMAGE:......
Republican presidential nominee Donald Trump has reignited another controversy by seeking to disarm the secret service body guards of his Democratic rival Hillary Clinton to ‘see what happens......
Although Suu Kyi has won an overwhelming victory, it is not going to be easy to translate this victory into political gains, reports Aditi Phadnis A T-shirt with Aung Sun Suu Kyi's TIME magazine......
Banks will now have to disclose the reference rate to which the lending rate is linked while extending loans to retail customers. They will also have to convey to the customer the most important......
Uncertainty on interest rates and competition among banks are forcing lenders to lend for the short term and introduce interest rate reset clauses that kick in as early as three months. At a time......
Banks will introduce hybrid home loans with stiff penalty on prepayment and shifting. The marginal cost-based lending rate or MCLR that has kicked in from April 1 replaces the base rate......
A rise in interest rates has started pinching non-banking finance companies and housing finance companies, which say that the cost of funds is going up by 200-300 basis points. Though banks had......
Public sector banks, in a frenzy to cash in on the retail credit boom during the three years beginning 2003-04, had failed to price interest rate risks on fixed rate loans properly. In the process,......