Last month, SBI's board had provided approval for raising up to Rs 11,000 crore via additional tier-I and tier-II bonds to meet regulatory requirements and support business growth
Expects rupee to trade in the range of 78-80 per US dollar in the near term because of still relatively weak BoP fundamentals
The bank, which is a wholly-owned subsidiary of DBS Bank, acknowledged the lagged effects of its amalgamation with Lakshmi Vilas Bank on its net profit
Financial market dominance over central banks is a huge problem and challenge, former RBI deputy governor Viral Acharya says
The US dollar index, a measure of the currency against six major rival pairs, was at 105.67 around 6.15 pm IST on Tuesday. It had climbed to a 20-year high of 108.54 in late July
"Growth will be paramount at the end of the day", said Pralay Mondal
Softening of crude oil prices reduces upside risks to India's inflation, given that the country is among the biggest importers of the commodity
MPC may front-load rate hikes to tame inflation, say economists
The fund-raising plan is subject to shareholder approval at the extraordinary general meeting, to be held on August 24
Dollar index falls as a contraction in US GDP eases Fed hike fears
Markets perceive Fed as being less hawkish
Fed Chair Powell's comments suggest slower pace of hikes going ahead, say markets
For domestic deposits worth Rs 2 crore to less than Rs 5 crore with a tenure of one year to less than 15 months, HDFC Bank offers 6.25 per cent, data on the lender's website showed
RBI needs to be fourth buyer in the bond market, says senior executive
GST outflows have also pushed up interbank cost of funds
Banks also raised the question to the RBI as to why the surplus balances in Vostro accounts could only be invested in government securities and not corporate debt
RBI's interventions and a less hawkish view on US Federal Reserve among factors that help currency
MD says he hopes to get CCI nod for Citi's consumer biz deal in 6-8 weeks
The discussions were held ahead of the RBI's next monetary policy statement, scheduled August 5
ICICI Bank's net profit decreased 1.6 per cent from Rs 7,018.71 crore at the end of the January-March quarter