Housing Development and Finance Corp (HDFC) on Monday announced raising home loan rates for existing as well as new customers by much as 75 basis points (100 basis points=1%).
The country’s premiere Bank “State Bank of India” (SBI) on Thursday increased its Prime Lending Rate (PLR) by 50 bps following a hike in Repo rates and Cash Reserve Ratio (CRR).
Nicosia, June 28: The Bank of Cyprus (BOC) - Eastern Mediterranean island of Cyprus biggest bank – has said it has clinched a deal to buy 80 per cent in Russia’s Uniastrum Bank for 576 million dollars as part of its strategy to expand abroad.
Andreas Eliades, Chief Executive Officer of the Bank of Cyprus, said that Uniastrum Bank, being the 9th largest banking network in Russia, would significantly strengthen BOC’s presence in targeted markets.
hike in repo rates by Reserve Bank of India, the banks have sta
June 28: The Bank of Cyprus (BOC) - Eastern Mediterranean island of Cyprus biggest bank – has said it has clinched a deal to buy 80 per cent in Russia’s Uniastrum Bank for 576 million dollars as part of its strategy to expand abroad. 
