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MONEY & BANKING
CREDIT MARKET:
More companies knock on debt recast cell’s doors
Take hit on fall in global demand, forex bets going wrong. Mumbai, July 4 The Corporate Debt Restructuring (CDR) Cell, a joint mechanism of banks and financial institutions to restructure debts of viable corporate entities affected by internal ...
SMALL SAVINGS:
EPF interest rate maintained at 8.5%
New Delhi, July 4 The interest rate on Employees Provident Fund will remain at 8.5 per cent ...
PUBLIC SECTOR BANKS:
Andhra Bank cuts BPLR
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FIXED DEPOSITS:
UCO Bank hikes FCNR rates
UCO Bank has increased rates of interest on FCNR and NRE deposits effective July 1, according to a press statement issued by the ...
OUTLOOK:
Deutsche Postbank Home Finance on expansion mode
Deutsche Postbank Home Finance Ltd is expanding its reach in the Indian market and has set itself the target of disbursing housing loans of Rs 1,900 crore during the current financial year, according to Mr Achim Vogt, ...
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