Oil retreats, set to become worst-performing asset in first quarter

Mar 31 2017

U.S. crude futures CLc1 were down 19 cents at $50.16 a barrel after slipping back below $50.

Dena Bank revises MCLR from April 1

Mar 31 2017

State owned Dena Bank has cut marginal cost based lending rate (MCLR) by 10 basis points or 0.10 per cent for different tenors from tomorrow.

Union Bank raises Rs 500cr to augment capital under Basel III

Mar 31 2017

The state owned lender Union Bank has raised Rs 500 crore by issuing Basel III compliant bonds on private placement basis.

SBI gets Rs 1,400 cr loan from European Investment Bank

Mar 31 2017

The European Investment Bank (EIB) has okayed Rs 1,400 crore (EUR 200 million) loan to State Bank of India to fund solar power projects.

Council tentatively approves GST Rules: Jaitley

Mar 31 2017

"Today, out of nine set of rules, four have been tentatively approved. The other five, which have already got approval have been corrected," Jaitley said.

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