With revision in the risk weightage, the requirement of capital provision for banks will come down encouraging banks to push housing loan products with attractive features. Source: thehindu.com Related
State Bank of India, the country’s largest lender, has reduced the one-year marginal cost of funds based lending rate (MCLR) by 10 basis points (bps) to 7.9%, with effect from Tuesday. SBI said the lending rate was reduced to pass on the benefit of reduction in cost of funds to customers. “This is the eighth […]
GIC, Mubadala among participants; India looking at strong partnerships: Modi Source: thehindu.com Related
