UBI revises interest rates on FCNR and NRE deposits

Saturday, March 17, 2007, 13:41 [IST]

Kolkata, Mar 04 (UNI) United Bank of India (UBI) has announced a downward revision of interest rates on NRE and FCNR Deposits (new and renewed deposits) with effect from March one.

For NRE Term deposit investment for one year to less than two years will attract 5.74 per cent from 5.93 per cent, two years to less than three years will attract from 5.55 from 5.85 per cent and three years to five years will attract 5.48 from 5.80 per cent.

UNI

Topics: BANKING-UBI-INTEREST RATES

Other articles published on March 17, 2007

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Saturday, March 17, 2007,13:41 [IST]

Mumbai, Mar 15 (UNI) Engineering and infrastructure major Larsen&Toubro (L&T) and its international consortium partners of Paul Wurth Italia and India have bagged a Rs 1,400 crore contract for the expansion of Vizag steel plant of Rashtriya Ispat Nigam Limited (RINL). This is the largest sigle-value EPC (engineer-procure-construct) order bagged against stiff international competition from Chinese, Korean and Russian firms, L&T said in a statement today. L&T will construct a blast furnace with a capacity of 2.5 million tonnes of hot.....

Tata Motors' Singur plant is as per schedule: Ravi Kant

Saturday, March 17, 2007,13:41 [IST]

Kolkata, Mar 15 (UNI) Ruling out all apprehension Tata Motors Managing Director Ravi Kant today reassured the Government of West Bengal that their proposed small car projects will be completed at Singur 'as per schedule by next year'. Speaking to newsmen on the sidelines of an automobile seminar organised by the Federation of Automobile Dealers' Associations here today, Mr Ravi Kant made it clear that the commercial productiobn of the 2,50,000 units small car projects would start its commercial production.....

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Badal announces concessions for commission agents

Saturday, March 17, 2007,13:41 [IST]

Chandigarh, Mar 15 (UNI) Punjab Chief Minister Parkash Singh Badal today announced to issue licenses to the ''Kacha Arhtias'' (temporary commission agents) on permanent basis by market committees, thereby doing away with prevalent practice of renewal after every three years. Presiding over a meeting of Federation of Arhtia Associations of Punjab here, Mr Badal thanked the federation and rice millers association for their support and cooperation for the SAD-BJP alliance during the recent Assembly elections. The Chief Minister said his.....

CII meet on globalisation in Pondy Mar 16

Saturday, March 17, 2007,13:41 [IST]

Puducherry, Mar 15 (UNI) The Confederation of Indian Industry(CII) would be organising a conference on "Globalization- Impact on Indian Business" here tomorrow coinciding with it's annual session. According to a release today, CII said in the changing global business enviornment restructuring, expansion, consolidation, mergers and acquisitions had impacted the industry. Though the pressure of the global restructuring was yet to be fully felt in India, consolidation efforts were on as domestic companies faced intense inbound and outbound competetion. The main objective.....

Ankur Drugs signs IPR agreement with Germany's Labtech

Saturday, March 17, 2007,13:41 [IST]

New Delhi, Mar 4 (UNI) Ankur Drugs and Pharma Ltd said it has signed an agreement with Labtech of GMBH, Germany and Applied Pharma Research (APR) for exclusive intellectual property rights for a novel technology. For requisite machines and equipment, the company has partnered with Optimags, a special coating line in Germany and Siebler (Romaco group) packing line for its products -- Ondansetrone, Donepezil Hcl, Ketotifen Fumarate, Baclofe, Rivastigmine, Sildenafil Citrate, Glimepiride and Olanzapine. The exclusive manufacturing rights have been granted.....