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MONEY & BANKING
CREDIT MARKET:
Union Bank, PNB cut rates on car, home loans
Mumbai, Feb. 28 Taking a cue from State Bank of India, Union Bank of India and Punjab National Bank on Saturday announced cuts in interest rates on car loans and home loans with effect from March ...
PUBLIC SECTOR BANKS:
Indian Bank's `Micro State' branch
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CONSUMER FINANCE:
Ashok Leyland, Bank of Baroda tie up
Ashok Leyland on Saturday signed a memorandum of understanding with Bank of Baroda to support finance for end-customers as well as dealers. A press release from the company said the tie-up will enable the company to leverage the ...
DEBT MARKET:
Even gilt funds can be volatile
In uncertain times, capital preservation is of paramount importance to any individual. If an investment that offers high returns also comes with a sovereign guarantee, isn’t that an ideal option? While that was the primary ...
RBI & OTHER CENTRAL BANKS:
RBI, Finance Ministry hold talks on G-20 meet
New Delhi, Feb. 28 Ahead of the meeting of G-20 Finance Ministers and Central Bank Governors in mid-March, the Reserve Bank of India Governor, Dr D. Subbarao, on Saturday held “preparatory” discussions with the Planning ...
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