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Friday, July 10, 2020   SENSEX  36594.33  Down  -143.36      Asian Paints :   1703.05  Down  -13.75      Axis Bank :   439.50  Down  -14.25      Bajaj Auto :   2892.95  Up  11.10      Bajaj Finance :   3313.10  Down  -16.50      Bajaj Finserv :   6482.35  Down  -88.70      Bharti Airtel :   574.70  Up  5.85      H D F C :   1886.25  Down  -55.75      HCL Technologies :   582.35  Down  -5.90      HDFC Bank :   1105.35  Down  -20.35      Hind. Unilever :   2223.75  Up  48.30      ICICI Bank :   360.35  Down  -10.20      IndusInd Bank :   539.15  Down  -17.40      Infosys :   781.80  Up  0.25      ITC :   194.30  Down  -1.15      Kotak Mah. Bank :   1349.50  Down  -18.65      Larsen & Toubro :   932.20  Down  -12.55      M & M :   554.70  Down  -5.85      Maruti Suzuki :   5957.95  Down  -45.80      Nestle India :   16837.80  Up  79.15      NTPC :   90.40  Down  -0.80      O N G C :   78.60  Down  -1.60      Power Grid Corpn :   172.65  Up  1.20      Reliance Industr :   1878.50  Up  53.90      St Bk of India :   195.65  Down  -3.45      Sun Pharma.Inds. :   493.45  Up  11.40      Tata Steel :   338.60  Down  -5.80      TCS :   2221.65  Up  17.30      Tech Mahindra :   568.65  Down  -8.05      Titan Company :   961.75  Down  -29.85      UltraTech Cem. :   3800.45  Down  -41.70    
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average base rate to be charged by nbfc-mfi's for july quarter will be 8.61%, says rbi

The Reserve Bank of India has today communicated that the applicable average base rate to be charged by Non-Banking Financial Company - Micro Finance Institutions (NBFC-MFIs) to their borrowers for the quarter beginning July 1, 2020 will be 8.61 percent. It may be recalled that the Reserve Bank had, in its circular dated February 7, 2014, issued to NBFC-MFIs regarding pricing of credit, stated that it will, on the last working day of every quarter, advise the average of the base rates of the five largest commercial banks for the purpose of arriving at the interest rates to be charged by NBFC-MFIs to their borrowers in the ensuing quarter.

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Left Decrease Increase Right SEBI Equity Reg. No.: INZ000193033   |   Regn. No. NSE: INB/INF/INE 230881235   |   BSE: INB/INF/INE 010881234   |   SEBI Commodity Reg. No.: INZ000028539   |   Membership No.: MCX-10705, NCDEX-0016, ICEX-3003  |   Dubai Gold and Commodity Exchange (DGCX)-3035   |   Indian Energy Exchange (IEX)- Electricity Trading N2DLOAIL0000  |   NSDL- DP ID: IN-DP-NSDL-14-96   |   CDSL DP ID: IN-ID-CDSL-43-99
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