Tag: Central Bank of India

SBI complains to CBI after Rs 411 crore loan defaulter flee country

NEW DELHI: Three promoters of Ram Dev International, recently booked by the CBI for allegedly cheating a consortium of six banks to the tune of Rs 411 crore, have already fled the country before the State Bank of India reached the agency with the complaint, officials said on Saturday. The CBI had recently booked the […]

Central Bank to offer repo-linked interest rate on home loans

MUMBAI: State-run Central Bank of India on Sunday said it will be offering repo-linked interest rate (RLIR) on home and vehicle loan products with immediate effect. The lender said the existing borrowers will also be given an option to switch over to the new repo-linked interest rate at a fee, a statement said. It will […]

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