The newer marginal cost of funding based lending rate (MCLR) system is more effective than the erstwhile base rate method, a paper by the Reserve Bank of India said on Friday. Read More
The RBI on Friday issued fresh instructions barring recovery agents from resorting to intimidation of borrowers as well as calling them before 8 am and after 7 pm. Read More
Aamir Khan and Kareena Kapoor Khan’s film ‘Laal Singh Chaddha’ clashed with Akshay Kumar and Bhumi Pednekar starrer ‘Raksha Bandhan’. Both the movies were released on Thursday and generated mixed reviews by the masses as well as the critics. Read More