MONEY & BANKING
AWARDS & HONOURS
Centurion Bank bags HR awards
Centurion Bank of Punjab won two awards at the ‘Global HR Excellence Awards 2008’ during the Asia Pacific HRM Congress in Mumbai recently. A bank release said that Centurion Bank of Punjab had sent entries in two categories of awards ...
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LIFE INSURANCE
Premium paid for parents not exempt
I am a salaried individual and I pay life insurance premium and mediclaim for both my father and mother out of my salary. While my father receives pension, my mother is a housewife. Can I claim tax benefits ...
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INTEREST RATES
Syndicate Bank cuts lending rates
Public sector Syndicate Bank has reduced lending rates on home and consumer loans by 25 and 150 basis points effective from February 18. A bank release said the rate reduction for small scale industries and medium enterprises was between 25 and ...
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RIGHTS ISSUE
SBI rights issue: Govt subscription against marketable securities
Mumbai, Feb. 16 The Government of India’s subscription to the rights issue of State Bank of India will be against the issue of ‘Special Marketable government securities’ and not SLR (Statutory Liquidity Ratio) Marketable ...
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