Central bank loans 0.90% cheaper

Mumbai: Central Bank of India with 4651 branches is giving relief to the loan holders during the Corona period by reducing their loan interest rates. This leading public sector bank has now announced a reduction of 5 bps in its loan rates. This will make the Central Bank's loans even...

Demand for integrated townships to gain going ahead

New Delhi: "Going forward, dispersed offices and flexible workplace policies around WFH will spur housing demand on city peripheries, beyond the city-centre hotspots. This will lead to higher demand for large township developments which, because of their massive size, have been developed on the peripheries," Puri said. However, he noted...

9% decline in Indian economy in FY21: ADB

New Delhi: The Asian Development Bank (ADB) has forecast a 9 per cent decline in the Indian economy in the current financial year 2020-21. The Asian Development Outlook (ADO) -2020 update released by the ADB on Tuesday said that the economic activity in India has been severely affected by the...