The Reserve Bank of India has imposed a fine of Rs 5 crore on Mehsana Urban Co-operative Bank in Gujarat. The central bank has imposed this penalty for lending by the bank to directors, relatives and the companies or firms …
After the 25-point cut in the repo rate by the Reserve Bank, the public sector Oriental Bank of Commerce (OBC) has cut interest rate on different term loans. The bank has cut 10 points in MCLR which will be effective …
New Delhi. In order to promote Economic activities among the fears of impact of global economic growth prospects by global slowdown, the Reserve Bank can cut another 0.25 percent cut in the key policy rate repo on Thursday. Experts have …