Reacting to the Reserve Bank of India’s (RBI) 25 bps repo rate cut last week, the State Bank of India (SBI) announced a 5 basis points (bps) cut in its marginal cost-based lending rate (MCLR) across all tenors. This will come into effect from April 10, 2019. According to PTI, the revised one-year marginalRead More →

A recent circular from the Director of Matriculation Schools in Tamil Nadu prohibiting schools across the state from conducting special classes in summer is being welcomed by stakeholders. On Tuesday, a circular issued by the Director stated that it is mandatory to provide holidays for students during the summer sinceRead More →

ICICI Bank, India’s second-largest private sector bank, has recently introduced the facility of instant and paperless home loan. ICICI Bank home loan: Avail paperless and instant loan approval of up to Rs 1 crore, check details  |  Photo Credit: Representative Image New Delhi: ICICI Bank, India’s second-largest private sector bank, has recentlyRead More →

New Delhi: State-run power giant NTPC said Friday it has inked a term-loan agreement with Canara Bank to raise ₹2,000 crore, which would be used to part finance its capital expenditure. “A term loan agreement for ₹2,000 crore was signed with Canara Bank on April 5, 2019. The loan facility is extendedRead More →

When most people think of franchises, they imagine fast-food chains, and there are 190,649 quick-service restaurant franchises in the United States. There are also 31,480 full-service restaurant franchises. As competition for hungry customers continues to grow, technology is becoming more important among all types of franchise eateries. When New York City restaurantRead More →