Saturday, Oct 20 2018 | Time 22:15 Hrs(IST)
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  • BJP poll panel meets, releases first list of 77 for Chhattisgarh, 38 for Telangana
  • Demonstrating hostility to Russia, US will receive rebuff: Russian diplomat
  • Demonstrating hostility to Russia, US will receive rebuff: Russian diplomat
  • PM visits BJP MP Bhola Singh's residence, pays homage to departed soul
  • India start as hot favourite in first One day international against West Indies
  • Russian diplomat: invited to US for talks on N Korea
  • Russian diplomat: invited to US for talks on N Korea
  • Rich tributes paid to MP Bhola Prasad Singh
  • PM Modi lauds BJP for its performance in local body polls
  • Illegal arms module busted, 1 held with 10 country made pistols & 15 rounds: Delhi Police
  • Apple CEO asks Bloomberg to retract its story on Chinese spying chips
  • Apple CEO asks Bloomberg to retract its story on Chinese spying chips
  • India have a chance to beat Australia says AB de Villiers
  • 1,212 people died crossing suburban railway tracks
  • Ghosal falls, Joshna in quarters of PSA events
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BOI hikes MCLR rates by 5 percentage point for Overnight & one month tenors

New Delhi, Oct 11(UNI) Public sector lender Bank of India has increased marginal cost of funds based lending rate (MCLR) rates by 0.05 per cent for Overnight and One Month periods while leaving the Three, Six and Twelve months rates unchanged.
The enhanced rates has come into effect from October 10, 2018, Bank of India said on Thursday.
"Bank of India has revised upward the MCLR rates by 0.05 per cent each at 8.05 per cent and 8.15 per cent respectively for overnight period and one month period while the Bank left the rates unchanged at 8.30 per cent for three months, 8.50 per cent for six months and 8.60 per cent for twelve months (1 year).

UNI RSA SHK1956
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RBI's monetary policy committee highlights inflation spike risk

20 Oct 2018 | 6:29 PM

Mumbai, Oct 20 (UNI) The monetary policy committee of Reserve Bank
of India (RBI) sees a risk of rising headline inflation from high
crude oil prices and a weak rupee, indicating potential rate hikes
ahead, even as it held key rates unchanged at its last meeting.

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SBI launches 'SBI Wealth Hub' in Port City of Karnataka

SBI launches 'SBI Wealth Hub' in Port City of Karnataka

20 Oct 2018 | 6:28 PM

Mangaluru, Oct 20 (UNI) State Bank of India (SBI) Chairman Rajnish Kumar launched Bank's Wealth Business Services by launching 'SBI Wealth Hub' in the Port City on Saturday.

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RBI raises dissent on proposed payments board control

20 Oct 2018 | 6:27 PM

Mumbai, Oct 20 (UNI) The Reserve Bank of India (RBI) has voiced its
reservations on the report of an inter-ministerial committee which
recommended that the proposed Payments Regulatory Board (PRB) should
be an independent regulator.

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Assocham hails RBI' steps to ease liquidity crunch at NBFCs

20 Oct 2018 | 6:25 PM

New Delhi, Oct 20 (UNI) The apex industry body Assocham on Saturday welcomed the Reserve Bank of India (RBI)'s move to incentivise banks to enhance their lending to non-banking finance companies (NBFCs) as a step in the right direction which would enable NBFCs to tackle the liquidity crunch.

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MARKET-GUJ-BULLION

20 Oct 2018 | 5:30 PM

Ahmedabad, Oct 20 (UNI) The Ahmedabad Bullion market ruled firm
here today.

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