The Hindu Business Line : Sunday, November 28, 2004

FOREX
Forex reserves surge by $1.5 b
A revaluation in RBI's basket of currencies, coupled with strong foreign funds inflows, led the country's forex reserves to rise by over $1.5 billion for the week ended November 19. According to the latest statistics released by RBI, India's ... More

PUBLIC SECTOR BANKS
SBI hikes home loan, term deposit rates
STATE Bank of India has finally yielded to interest rate pressures and raised rates on domestic term deposits and home loans by 0.25 to 0.50 percentage points. The revised rate will come into effect from November ... More

CREDIT MARKET
Bank credit up Rs 7,241 cr
GROSS bank credit in the system has increased by Rs 7,241 crore to Rs 9,95,517 crore as on the fortnight ended November 12, as per the latest Reserve Bank of India statistics. This is inclusive of food credit, which grew by Rs 1,516 crore to ... More

Cross Currency Rates

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