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    • Incremental relief on CRR/SLR not very material: SBI

      Already FCNB rates are at LIBOR plus 300 and it is difficult to locate borrowers at that level. If the rates were raised to LIBOR plus 400-450, it would be more competitive but it will be very difficult to find enough borrowers.

    Advisory Alert:

    It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347