SBI hikes lending rates by 0.25%
By Robinsh Kumar at 19 April, 2011, 8:23 pm
Country’s largest bank SBI on Tuesday announced a hike in its base rate by 25 basis points, making home and auto loans from the lender dearer. The lender also increased its benchmark lending rate by the same margin which would mean the existing borrowers also have to pay more for their loans. The rate hike [...]
Read More >>Honda’s final deal to exit from Hero Honda
By Robinsh Kumar at 5 April, 2011, 4:12 pm
India’s largest two-wheeler bike maker Hero Honda on Tuesday said its erstwhile Japanese promoter Honda Motor Co. has exited the company completely after selling its 26 per cent stake to a group firm of the Indian promoter family. “Pursuant to a share transfer agreement amongst the promoters of the company, Honda Motor Co., Japan, has [...]
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