Business - Briefly   

ICICI Bank raises interest rates

MUMBAI: ICICI Bank on Friday increased its lending and deposit rates by 0.5 percentage point with immediate effect. The hike relates to only retail lending and will be applicable only for new loans, V. Vaidyanathan, ICICI Bank's Executive Director, told PTI here.

Printer friendly page  
Send this article to Friends by E-Mail

Stories in this Section

Alcatel-Lucent conducts field trial of WiMax
Telecom, IT sectors look for reliefs
ISA: Let the chip games begin
RBI to pay interest on cash reserves to banks
AI aviation insurance renewal in July
New organisation for insurance customers
Mittals eye oil, gas assets across the world
M&M, Nissan JV to zero in on TN
Tokyo Exchange in pact with LSE
Maran sets target for BSNL
Sensex plunges by 389 points
ONGC contests DGH ruling on gas find
Oracle targets retail sector
Dhanalakshmi Bank revises interest rates
Rupee ends higher
Exchange rates
Bullion rates
Inflation rate falls to 6.63 p.c.
Forex reserves up $3.83 b
ICICI Bank raises interest rates
RIL board to meet today
PFC surges on debut at Dalal Street
BMW India, ICICI Bank sign pact for retail finance
Godrej Appliances launches `EON' air-conditioners
Tata Coffee to set up production unit in Uganda
Indian Bank hikes domestic deposit rates
Sahara India Pariwar enters global services market
HDFC Bank signs MoU with Tata Pipes

Copyright © 2007, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu