Business

October 20, 2010 2:34 PM

SBI increases base interest rate

Country's largest lender, State Bank of India (SBI), today increased base rate or the minimum lending rate for the new borrower by 10 basis points to 7.6 per cent, a move that would make all kinds of advances, including corporate loans, costlier. SBI informed the Bombay Stock Exchange that ...

October 20, 2010 2:29 PM

Markets continue in red with 23 pts down

The Sensex at the Bombay Stock Exchange, which had slipped 98 points in opening trade, this morning, later continued weak, and stood 23 points, or 0.1 percent in the red, at 19,961, a short while ago. The Sensex fell on profit-booking, shifting of funds to the primary market for subscription to the ...

October 20, 2010 1:26 PM

Markets open in red, down by 98 pts

The Sensex today fell by nearly 98 points in the opening trade, as funds and retail investors indulged in reducing their positions at prevailing prices amid weak Asian markets.The 30-share index, which had lost 186 points in the previous session, shed 98 points to 19,886 points. Metal, realty, banki...

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