The Chinese yuan, too, fell to an 11-year low, responding to the US-imposed tariffs on imports
Experts say it won't be easy to appraise general managers because the board won't be knowledgeable enough
Valuation method change, provision write-back play key roles to boost dividend
There are still structural issues in land, labour, agricultural marketing, which need to be addressed
"This would open up a new channel for non-residents to undertake transactions in central government securities," the RBI Annual Report said
Central bank may done away with provisioning requirements, to enable higher transfer of surplus in the 2017-18 fiscal, analysts say
A significant portion of the capital provided would be tied up in boosting core capital and provisioning against bad debts which would limit the ability of bankers to lend
In order to improve access to long-term finance, the government would be setting up an organisation to provide credit enhancement for infrastructure and housing projects
The capital infusion, ahead of the festive season, will boost banks' lending capacity by an additional Rs 5 trillion
What is telling is that large swings in the Indian business cycle are still not a thing of the past, despite the adoption of inflation targeting in India
If the private sector banks don't play ball, there is very little public sector banks can do to make the product a success
While accounts have been opened, a major chunk of the customers have no clue what to do with it
Banks want to dispose of the assets at a deep discount, but for upfront payments
Asset quality stress has also increased in the housing finance company
Many more banks are expected to follow suit with rate cuts on the back of comfortable liquidity and low bond yields
Tata Capital Financial Services, a subsidiary of Tata Capital, said it would hit the market with tranche 2 of its NCD to raise up to Rs 4,126 crore
The committee submitted its report to the RBI governor on Thursday
FY20 growth projection cut to 6.9%; RBI Governor Shaktikanta Das says slowdown cyclical
Perceptions on the general situation and employment softened, finds survey
The term deposit rates will be 20 basis points lower for retail customers, and 50-75 basis points lower for deposits up to 179 days