Provides exemption to branches of foreign banks from submitting statement with regard to foreign currency
To surrender RBI's in-principle approval
IDBI Bank will continue with the strike call, bank operations will be hit by agitation
Jaitley says a veil of some of security around farmer needs to be put, especially due to the inadequate monsoons faced in the past two crop seasons
The NBFC is expecting to garner a share of up to 5% in the next five years of this Rs 20,000 crore market
Last week, the public sector lender had raised Rs 3,000 crore on a private placement basis
Investigators asked how the loan was given, which had poor financials and negative net worth
2013 foreign currency non-resident deposits to mature in Sep-Nov
IDBI Bank may be closed for an extra day if strike call by some officers, employees on March 28 (Monday) materialises
The state-run lender had earlier announced that it has approached the govt & LIC for infusion of equity capital through preferential allotment
Declining inflation and a negative industrial outlook have strengthened the case for RBI to cut interest rate
Benchmark 10-year bond yield was down 3 bps at 7.49%, after earlier falling to 7.47% the lowest since July 2013
Reserve Bank could cut policy rates by 50 bps instead of 25
Market regulator currently discussing proposal with RBI and govt
More than 50% of the respondents are yet to plan or commence implementing changes at an organisational level
Govt yesterday cut deposit rates on host of small savings schemes
Lenders also foresee a higher flow of savings into capital markets through mutual funds and other instruments
SBI chief, at IIM-A convocation, suggests students to be an employer instead of being an employee as every month millions of people are added who are looking for jobs
These allow an individual to lend money to unrelated ones without assistance from any financial intermediary
Credit grew 11.6 per cent year on year from 9 per cent in October, but the reality could be more nuanced