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The Bank was incorporated on April 23, 1931, as the Travancore Federal Bank Limited, Nedumpuram. Late K.P. Hormis, the visionary banker and founder took up the reigns in 1945 and built the bank a nationwide institution.

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Hence to rule out arbitrage, the price of the mother plain-vanilla bond must be equal to the sum of the prices of the baby zero coupon bonds. The writer is CEO, Tarheel Consultancy Services

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May 16, 2017·Matching SBI's home loan rate cut, ICICI Bank on Monday cut interest rates on home loans of up to Rs 30 lakh by 30 basis points (bps), making housing loans …