SBI lowers interest rates by 0.25%
Mumbai - Arabstoday
State Bank of India (SBI) on Thursday announced lowering of interest rates by 0.25 per cent on term deposits of select maturity period, giving an indication of easing monetary situation. “The bank has decided to revise its Retail Term Deposit interest rates with a reduction by 0.25 per cent in tenors up to 240 days,” SBI said in a regulatory filing to the Bombay Stock Exchange. The new rates will be effective from June 8, it said. SBI had refrained from lowering rates despite cut in policy rates by the central bank in March. Reduction in deposit rates give an indication that the bank might lower lending rates in the coming weeks.
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Moscow - TASS
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London - DPA
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Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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