Corporates are known to scout for talent at educational institutes, cherry-picking the best from the lot of graduates. 


ICICI Pru, HR College to teach 'em young

Business Standard

Third-quarter banking sector results were supposed to provide the answer to the question whether lower profits from sale of investments will be offset by lower provisions. 


No `other' now

The finance ministrys banking division seems to have mastered the art of putting its foot in its mouth. First, the confusion over the governments plan to buy back public sector bank equity wreaked

A `deficit' in the banking division

The Supreme Court last week clarified that those who had opted for the voluntary retirement scheme (VRS) and then withdrawn their applications before the last date for acceptance by the management are

Apex court clarifies VRS ruling 

Outside of the physical sciences, it is impossible to assign a one-to-one reason for why something happens. That is an important reason why statisticians developed the technique of weighing for use in

Scapegoats and exchange rates

The decision to merge the good assets of IFCI Ltd with Punjab National Bank would bring down the curtains on the concept of development financial institution in India. 


The end of `development' FI

Ahead of the Reserve Bank's review of monetary policy on March 19, Prime Minister's Economic Advisory Council (PMEAC) Chairman C Rangarajan today said policy rate cut by the central bank will depend on inflation movement, among other factors.

RBI rate cut to depend on inflation scene: Rangarajan

Finance Ministry today said that there is a scope for easing of monetary policy to boost growth in view of moderation in WPI-based inflation.

Scope for easing monetary policy: Arvind Mayaram

Banks are in the midst of attaining deposit growth targets at the end of the fiscal

Banks unlikely to reduce deposit rates this month

Wholesale price index is a more relevant number to watch, say experts

Street expects RBI to slash rate, despite higher CPI

BS Reporter

Stock markets are likely to see range-bound trading this week in view of RBI's monetary policy review on Tuesday, with analysts widely expecting the central bank to cut interest rates by 0.25%.

RBI policy key for stock markets this week: analysts

This week, bond yields are expected to soften while the rupee could strengthen

RBI may cut repo 25 bps, but will stay cautious on inflation

With moderation in economy and core inflation, pressure is mounting on Reserve Bank to cut interest rate by up to 0.50 per cent and address liquidity concerns to boost growth.
     While the Finance Minister P Chidambaram expressed hope that RBI would address liquidity issues at its mid-quarterly review tomorrow, SBI Chairman Pratip Chaudhuri said a 0.50 per cent interest rate cut is needed.
     "I think Governor is also aware of the issues about liquidity and tomorrow is the monetary policy. I am sure he will address the issue of liquidity," Chidambaram said after meeting the chiefs of PSU banks here.
     The Minister said many PSU banks are having SLR in excess of statutory requirement of 23 per cent and earning interest on them rather than lending to corporates.
     Chaudhuri said: "We have requested 50 basis points in CRR and 0.50 per cent cut in Repo. We have also requested to increase the export credit refinance which is currently 50 per cent of the rupee credit. We have ...

Pressure mounts on RBI to cut rate to boost growth

Press Trust of India

Re slips to 45.82/$

Weak $ props up rupee

Re ends at 43.74/$

Re gains strength, ends at 45.69/$

Is the bank rate still relevant?

Rupee bounces on RBI's intervention

Bearish trend seen

Is consolidation in the banking sector a myth?

Financial Analysis: Find the Latest Financial News Analysis & Research Updates from all top sources for the Indian Finance industry on Business Standard.

Finance News Analysis, Financial Analysis and Research | Business Standard

Find the Latest Financial News Analysis & Research Updates from all top sources for the Indian Finance industry on Business Standard.

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