MONEY & BANKING
HOUSING FINANCE
Outlook for Indian financial markets: Stocks up, rates down?
Domestic demand, which is the key to corporate performance, has not been dented in any serious manner. The fall in the domestic stock market now, therefore, should be taken as merely following global sentiment and used as an opportunity to buy stocks for the long-term.
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PRIVATE BANKS
Axis Bank: Pricey, yet promising
Solid financial performance, niche positioning and a strategically-driven management make the stock an attractive option.
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INTEREST RATES
Bank of India cuts term deposit rates
Mumbai, Aug. 11 Bank of India has cut the interest rates on rupee term deposits by 10 to 50 basis points across various maturity periods. According to a bank press release, the revised rates on deposits having maturity of two years to ...
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CREDIT MARKET
Help came… but he is as miserable now, if not more
Bidar (Karnataka), Aug 11 About a year ago when the media reported prominently the plight of poor farmer Bheemrao Manigempure, the State Government was stirred into action. It provided him with two bullocks at subsidised prices. At a ...
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