HC calls for CBI report on banks role in creating NPA
Delhi High Court has sought a status report from the CBI on an investigation into the alleged role of some public sector bank officials in creating non-performing assets worth Rs 51 crore in the country.
Inflation rate shoots up to 8.29 per cent
Annual inflation rate shot up by 0.13 percentage points to 8.29 per cent in the week ended January 20, due to costlier primary and manufactured items.
Centre signals further interest rate cut in small savings
Centre intended to bring down further the interest rates on small savings, which was cut down by 1.5 per cent in the Union Budget, to effect a lower lending rate at par with the international level.