ING Vysya Bank has hiked its One Year MCLR Base Rate or the minimum lending rate by 0.05%, or 05 basis points with effect from Sunday, July 01, 2018. ING Vysya Bank has revised its One Year MCLR Base Rate from 8.90 percent to 8.95 percent per annum.
Author: Suzanne Shwartz
Bank of Bahrain and Kuwait has hiked its One Year MCLR Base Rate or the minimum lending rate by 0.05%, or 05 basis points with effect from Saturday, September 01, 2018. Bank of Bahrain and Kuwait has revised its One Year MCLR Base Rate from 8.65 percent to 8.70 percent per annum.
Kotak Mahindra Bank has hiked its One Year MCLR Base Rate or the minimum lending rate by 0.05%, or 05 basis points with effect from Sunday, July 01, 2018. Kotak Mahindra Bank has revised its One Year MCLR Base Rate from 8.90 percent to 8.95 percent per annum.
Indian Bank has hiked its One Year MCLR Base Rate or the minimum lending rate by 0.10%, or 10 basis points with effect from Friday, July 20, 2018. Indian Bank has revised its One Year MCLR Base Rate from 8.50 percent to 8.60 percent per annum.
Allahabad Bank has hiked its One Year MCLR Base Rate or the minimum lending rate by 0.05%, or 05 basis points with effect from Saturday, September 01, 2018. Allahabad Bank has revised its One Year MCLR Base Rate from 8.45 percent to 8.50 percent per annum.
Andhra Bank has hiked its One Year MCLR Base Rate or the minimum lending rate by 0.15%, or 15 basis points with effect from Thursday, August 16, 2018. State Bank of India has revised its One Year MCLR Base Rate from 8.55 percent to 8.70 percent per annum.
Abu Dhabi Commercial Bank has hiked its One Year MCLR Base Rate or the minimum lending rate by 0.05%, or 05 basis points with effect from Friday, September 07, 2018. Abu Dhabi Commercial Bank has revised its One Year MCLR Base Rate from 9.20 percent to 9.25 percent per annum.
Axis Bank Limited has hiked its One Year MCLR Base Rate or the minimum lending rate by 0.10%, or 10 basis points with effect from Monday, June 18, 2018. Axis Bank Limited has revised its One Year MCLR Base Rate from 8.50 percent to 8.60 percent per annum.
Government of India had increased the basic personal income tax exemption limit from Rs. 18,000 to Rs. 18,000 for Financial Year 1989-1990 and Assessment Year 1990-1991. The new income tax rates or income tax slabs were effective from April 01, 1989.
Dr. Manmohan Singh, the Finance Minister of India, delivered his budget speech while presenting the Union Budget of India, also called the Indian General Budget, for the Financial Year 1993-1994 on Saturday, February 27, 1993 in New Delhi.