LIC Housing Finance slashes home loan rates
Mumbai (PTI): Leading home loans provider, LIC Housing Finance, today cut interest rates for new loans by 0.5 per cent effective from August 1.With this, for customers opting for floating rate loans between Rs 30 lakhs and Rs 75 lakhs, the new ... More

Borrowing impedes monetary policy objective: RBI
Hyderabad (PTI): Reserve Bank Governor D Subbarao said on Friday making monetary policy independent of fiscal policy is an important reform measure for the country.Saying that coordination between monetary and fiscal policies has become a ... More

South Indian Bank raises Rs 200 cr through bonds
Mumbai (PTI): Private sector lender South Indian Bank on Friday said it has raised Rs 200 crore from bonds to meet capital requirements.The bank has raised Rs 200 crore by issuing unsecured redeemable non-convertible subordinated Tier-II bonds ... More