JSPL: Naveen Jindal has resigned from the Board of Directors.
Reliancepower: Sasan UMPP to receive Rs 1,050 cr from procurers.
SC on Delhi Air Po
Pollution: Grants 1 month time to diesel taxi ops to convert to CNG mode in NCR.
SC on Delhi Air Pollution: Ban on registration of >2000 cc diesel vehicles in NCR to continue.
Price of LED bulbs being distributed by Energy Efficiency Services Ltd has fallen to Rs 55 a piece.
S&P: Cuts China outlook to negative from stable; Rating AA-. Economy, financial risks to China's creditworthiness gradually rising.
U.K PM: No guarantees that we can find a buyer for Tata steel Ltd assets.
UK economy grew 0.6% in Q4 vs 0.5% previously estimated
ICICIBank cuts interest rate on bulk deposits by up to 25 bps
OBC: Expect MCLR to be lower on base rate. To hold ALCO meet today to decide on MCLR.
SBI MARGINAL COST OF FUNDS BASED LENDING RATE (MCLR) WITH EFFECT FROM-01.04.2016
Tenor MCLR (In %)
Overnight 8.95
One Month 9.05
Three Month 9.10
Six Month 9.15
One Year 9.20
Two Years 9.30
Three Years 9.35
Reliancepower: Sasan UMPP to receive Rs 1,050 cr from procurers.
SC on Delhi Air Po
Pollution: Grants 1 month time to diesel taxi ops to convert to CNG mode in NCR.
SC on Delhi Air Pollution: Ban on registration of >2000 cc diesel vehicles in NCR to continue.
Price of LED bulbs being distributed by Energy Efficiency Services Ltd has fallen to Rs 55 a piece.
S&P: Cuts China outlook to negative from stable; Rating AA-. Economy, financial risks to China's creditworthiness gradually rising.
U.K PM: No guarantees that we can find a buyer for Tata steel Ltd assets.
UK economy grew 0.6% in Q4 vs 0.5% previously estimated
ICICIBank cuts interest rate on bulk deposits by up to 25 bps
OBC: Expect MCLR to be lower on base rate. To hold ALCO meet today to decide on MCLR.
SBI MARGINAL COST OF FUNDS BASED LENDING RATE (MCLR) WITH EFFECT FROM-01.04.2016
Tenor MCLR (In %)
Overnight 8.95
One Month 9.05
Three Month 9.10
Six Month 9.15
One Year 9.20
Two Years 9.30
Three Years 9.35
Anil Aggarwal
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(A proprietorship concern for IBPS exam guidance and Bank Interview preparation)
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