Financial Daily from THE HINDU group of publications
Friday, Feb 06, 2004
News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

 Money & Banking - Public Sector Banks
Agri-Biz & Commodities - Farm credit


BoI trims farm loan rates

Our Bureau

Mumbai , Feb. 5

BANK of India has reduced the interest rates on all its agricultural advances, for amounts up to Rs 50,000, by 50 basis points, to 8.50 per cent per annum with immediate effect.

The move is in keeping with the Finance Minister's expectation expressed in the Interim Budget for banks to reduce the rates on agricultural finance below the current levels.

More Stories on : Public Sector Banks | Farm credit

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Banks urged to lend more to farm sector

Rupee stronger; bonds decline
F-Ins platform for insurance firms
New IRDA norms for life products
ICICI Pru Life's income tops Rs 1,000 cr
Sabbatical: Sydicate Bank sees Rs 50-cr gain
RBI panel to examine paring agri credit rates
IndusInd Bank sees 30% growth in net profit
BoI trims farm loan rates
SIDBI in talks with World Bank for $200-m loan
SIDBI asks Centre to `redefine' SMEs
Indian Bank posts jump in recoveries
New Executive Director for BoI
Damodaran to continue as IDBI chief till May 31
Khandelwal is Dena Bank CMD
CD ratio remains low in Kerala, says Review

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2004, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line