Sep 24, 2006
News
Banking Statistics:
Bank Rate 6% (wef 29.04.2003)
IDBI Medium Term Lending Rate 10.25% (wef 30.01.2004)
Saving Bank Interest 3.5% (wef 01.03.2003)
Cash Reserve Ratio 5% (wef 02.10.2004)
Statutory Liquidity Ratio 25% (wef 22.10.1997)
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Dasara Diwali Loan Utsav from State Bank of Mysore
Special rate of interest
Housing Loan (floating)
up to 5 years --- 8%
5 to 15 years --- 8.75%
above 15 years --- 9.25%
Housing Loan (fixed)
up to 5 years --- 8.50%
5 to 15 years --- 9.25%
Car Loan (new car) 8.50% to 9.50%
Car Loan (used car) 10.00% to 10.50%
Personal Loans 12.50 to 13.00%
for details contact 080-22353467
News
Foreign Bank's profits: (B.L.23.09.2006)
Standard Chartered Bank 782 crore
Citi Bank 706 crore
HSBC 602 crore
ABN Amro 252 crore
Bank of America 146 crore
Deutsche Bank 126 crore
American Express Bank 53 crore
BNP Paribas 19 crore
(figures for 2006)
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