MONEY & BANKING
CONSUMER FINANCE
SIAM suggests tax deduction for car loans
In a bid to ensure that new car sales are not affected by the increase in interest rates, the Society of Indian Automobile Manufacturers (SIAM) has suggested that a deduction in income-tax similar to housing loan should be granted for car loans. ...
More
INTEREST RATES
State Bank of Travancore hikes interest rates
The State Bank of Travancore has hiked the interest rates on domestic term deposits and non-resident ordinary term deposits for various periods with effect from February 26. The revised rates are: 4.50 per cent for seven days to 14 days (Rs 25 ...
More
`Interest rates expected to fall after March 31'
Mr T.S. Bhattacharya, Managing Director (Commercial Banking group) of State Bank of India, has predicted that interest rates will drop after March 31, 2007. "We are expecting a fall after March 31. Generally we see liquidity in the first three ...
More
TRADE & LABOUR UNIONS
Bank unions forum reaches accord
The United Forum of Central Bank Unions has withdrawn the agitational programmes and continuous strike (called by the forum from February 22) after reaching an understanding (on various issues) through discussions with the bank's ...
More
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|
RSS Feeds