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Saturday, May 12, 2007
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 Money & Banking - Public Sector Banks
Correction

With reference to the news item captioned `Vijaya Bank hiking rates on home loan' published in these columns on May 11, 2007, the correct position is that the April 7 hike announced by the bank stands withdrawn for loans between Rs 15-20 lakh. This follows the RBI enhancing the limit for priority sector lending status for housing loans up to Rs 20 lakh. The error is regretted.

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Stories in this Section
SBI in pact with Heritage Foods

Forex reserves down $126 m
Rupee gains 5 paise
Future ATMs will do a lot more than just dispense cash
Bajaj Allianz posts Rs 54-cr profit
LIC raises stock market exposure
Oriental Bank plans to raise tea sector lending
State Bank of Bikaner may hive off back-office work
Correction
Citigroup keen on tapping rural financial market
Bond prices shed 30 paise
Call rates stay low
IDBI relaunches 500-day FD scheme
Doha Bank buying 49% stake in Select Securities
Goldsmiths' co-op posts profit
Tier-I cities, towns getting more bank thrust

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