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Sunday, November 14, 2004
Central Bank hikes deposit rates
MUMBAI, NOV. 13. Central Bank of India has raised the interest rates on domestic term deposits by 0.25-0.75 percentage points across various maturities with immediate effect. The interest rate on 15-45 days deposits will now be 4.5 per cent ...
Canara Bank follows suit
Canara Bank will be increasing the interest rates on domestic term deposits by 25 basis points with effect from November 15. A new slab of 7-14 days has also been introduced for single deposits of Rs. 5 lakhs and above, a bank statement said ...
Microsoft beats Palm operating system in handheld shipments
SAN JOSE, CALIFORNIA, NOV. 13. Microsoft Corp.'s software platform for personal digital assistants took over the market lead from PalmSource Inc. for the first time in the third quarter, according to market research released Friday. ...
Forex reserves cross $122 b mark
MUMBAI, NOV. 13. Driven by huge overseas investment and revaluation of gold, India's foreign exchange reserves rose further by $1.04 billion to cross $122 billion mark during the week ended November 5. The reserves for the week under review grew ...
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