SBI Cuts Lending Rates by 0.25%, Effective December 15 | Udaipur Kiran

New Delhi, 13 December (Udaipur Kiran) – State Bank of India (SBI), the largest public sector bank, has reduced its lending rate by 0.25 percent following the Reserve Bank of India’s (RBI) cut in the policy repo rate. This reduction makes loans cheaper for both existing and new borrowers. The new interest rates will come […]

Bombay high court: Anil Ambani liable as his company’s account tagged fraud | India News

MUMBAI: Bombay high court has said it’s evident that once a company account is declared as fraud, the promoter or directors in control of affairs would automatically be liable to penal measures, reported as fraud and debarred from raising funds or seeking credit facilities, as they were responsible for the acts or omissions of the […]