In its prime task of providing adequate liquidity in the system, RBI may take fresh measures so that it can push economic growth in the country.The Reserve Bank of India Deputy Governor, Rakesh Mohan said: "Given the kind of problems

With the view to attract foreign currency into the country, most banks have raised their NRI deposit rates by 75 basis points. The decision comes from RBI's move to increase ceiling on interest rate of foreign currency non-resident (FCNR) deposits

State-run, Punjab National Bank has introduced mobile banking service for the residents of Daringibadi, a tribal area in Kandhamal district of Orissa.With the launch of this pilot project, the bank intends to reach out to people who reside in backward

India's second largest private lender, HDFC Bank announces that it is eager to raise funds through international borrowing and is waiting for the detailed guidelines of Reserve Bank of India (RBI).On November 15th, RBI scaled down banks' provisioning norms for

Auto loans portfolio of public sector banks is expected to rise despite of the slowdown trapping the economy. Major PSU banks expect that loans for cars and other passenger vehicle will go up by almost 20%-25% in the ongoing fiscal.

Britons who are on the hunt for a cheap property in the current adverse financial climate may do well to avoid Kensington and Chelsea, it has been revealed.

As the country teeters on the brink of recession, Abbey has urged people not to forget the importance of home insurance cover as they attempt to safeguard their financial security.

Britons could be putting themselves in financial jeopardy as a result of taking a chance with breakdown cover, the AA has warned.

Interest-only mortgage customers could be in trouble if they fail to put aside enough money to pay back what they owe.

As funds are squeezed, many Britons are running out of cash before they get paid.

Parents are still giving handouts to the grown-up children, it has emerged.

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A unanimous decision was reached over the Bank of England's recent 1.5 percent cut in interest rates.

Savings are taking priority over presents as the festive season approaches.

Cashback credit cards could boost spending power this Christmas, it has been suggested.

Save 20% on all Marks & Spencer purchases tomorrow.

Driving without breakdown cover could be a false economy, consumers are being warned.

Falling prices are good news in the short term, but it's down to us to spend our way out of recession....

Find out why paying monthly for your insurance policies could drive up the cost considerably.