State-run IDBI Bank today raised it's marginal cost of funds based lending rate (MCLR) rate by up to 10 basis points across various tenors.
The revised rates are applicable from May 12, the bank said in a statement here today. It has increased MC by 5 to 10 bps across various tenors. The bank has increased it's one-year MCLR to 8.65 per cent. *********** Exim Bank extends USD 500 mn to Tanzania for water projects *
Projects covered under the LOCs extended to Tanzania include supply of tractors, pumps and equipment, financing purchase of vehicles, extension of Lake Victoria pipeline to Tabora, and water supply schemes in Dar-es-Salaam. ************* Bajaj Finance increase fixed deposit rates by up to 8.35% *
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