Search Results for: retail lending

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No change in interest rates, RBI governor says may act on off-policy dates if inflation does not mod

New Delhi, Dec 18 (ANI): Reserve Bank of India (RBI) Governor Raghuram Rajan surprised the financial markets by keeping the repo rate, or the main lending rate, unchanged at 7.75 per cent. Rajan unexpectedly kept the country's policy interest rate on hold despite calling current inflation too high, citing the prospect of easing retail prices and its concerns about the weak domestic economy. The RBI had been widely expected to lift its repo rate by 25 basis points. Dec 18, 2013
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Celebs at Godrej Eon Tour de India 2013

Mumbai, Dec 16 (ANI): Bollywood celebrities like John Abraham and Shekhar Suman were spotted at the Godrej Eon Tour de India 2013 in the showbiz capital, Mumbai recently. At the cyclothon, Shekhar said it's great to see people's enthusiasm towards cycling. Well.it's great to see you all lending your support to an event like this!!! Dec 16, 2013
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Groom the Broom: Kejriwal's AAP Must Soon Choose Among Rivals BJP, Congress

For forming a government in the the 70-member Delhi Assembly, a party needs a majority of 36 seats. BJP including its ally Shiromani Akali Dal has 32; AAP has 28 and Congress just eight. And now with BJP stating its intention to be in the opposition, a solution that includes AAP is the only plausible way to avoid the President's rule. Dec 9, 2013
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BSE closes points 81.87 up on Dec 6

New Delhi, Dec 6 (ANI): Trading at the Bombay Stock Exchange today closed 81.87 points up to stand at 21,039.68. At the National Stock Exchange the Nifty closed 18.80 points up to stand at 6,259.90. Oriental Bank and Tata Power were among the top gainers of Group A with an increase of 8.01% and 6.35% along with Amara Raja and UCO Bank with an increase of 5.00% and 4.92% respectively, while the top losers of Group A include Mahindra and Mahindra Financial Services Ltd. and Gujarat State Petronet Ltd. with a decrease of 2.39% and 2.11% along with Future Retail and Godrej Consumer Products Ltd. with a decrease of 2.09% and 1.84% at the close of the markets. The Auto sector is up 50.23 points at 12,292.04, while the banking sector is up 133.56 points at 13,431.82 and the realty sector is up 4.22 points at 1,367.04. The Indian currency is up 0.22% at Rs 61.62 per dollar. Dec 6, 2013

Google Nexus 5 vs. Micromax Canvas Turbo A250: Specifications Comparison

India, billed as the third biggest smartphone market in the world, is primarily driven by local vendors which offer high-end phones at very low cost compared to their MNC counter parts. But with its launch, the competitively priced LG Nexus 5 has emerged as a threat to indigenous players, especially Micromax which is selling its high-end phone Canvas Turbo A250 at a sub-₹20,000 price-tag. Dec 3, 2013
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