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ICICI Bank, Bank of India hike their basic lending rates for August, PNB keeps them at same level; check details

The MCLR was created by the Reserve Bank of India (RBI) as an alternative to the base rate system. The bank cannot lend below this rate. The MCLR varies with tenor and might range from overnight to three years. ....

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Hike in loan rates? ICICI Bank, Bank of India increase basic lending rates. Check details

The equated monthly installments are set to rise further as ICICI Bank and Bank of India have revised their marginal cost-based lending rate (MCLR) on loans across tenures. Punjab National Bank, on the other hand, has kept its basic lending rates at the same level. Watch Business Today s Visual Story to note the revised lending rates. ....

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Fincare SFB revises savings account interest rates; earn up to 7.5%

Following the modification, will bank offers the highest interest rates on savings accounts up to 7.50%. ....

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Bank of England hikes interest rates, highest in 15 years

The Bank of England has raised borrowing costs for the 13th time in a row to combat stubbornly high inflation, which has failed to come down from its peak as quickly as expected. ....

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Public debt distress - Opinion - Business Recorder

The unprecedented fiscal firepower used to protect the vulnerable from the harsh socio-economic impact of the. ....

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