Plans to target to take total proportion of such outlets to 60% in 3 years
July 30 will be a non-event as RBI Governor will leave the repo rate unchanged at 7.25%
Financial deepening is necessary for economic growth, says RBI Executive Director, Deepali Pant Joshi
A look at how Governor D Subbarao compares with past governors on various parameters
Of late, the RBI has taken a series of measures to tighten liquidity and check import of gold with a view to arrest rupee fall
Lenders ask promoter to bring contribution upfront, for debt recast
The govt bonds auction of Rs 15,000 crore, there was devolvement on primary dealers to the extent of Rs 1,330.28 cr
The bank will now offer 8.25% for the deposits of tenure 5 months- 9 months instead of 8%
Delhi-based Punjab National Bank has reported 2.4% net profit growth to Rs 1275.32 crore as loan demand remained subdued
The central bank has tightened money supply and pushed up short-term interest rates to try to generate demand for the rupee
The bank had a net profit of Rs 1,245.67 crore during April-June quarter of the previous fiscal
Kapil Wadhawan says company is adequately capitalised
Measures helped in stabilising rupee, resulted in yields rising high & traders in banks, insurance companies and fund houses losing appetite
The rise in profits was mainly due to lower provisions towards non-performing assets
Some realty experts said realty loans could even become NPAs for banks
Bond yields fall the most in over 3 years
Cuts GDP growth estimate, bank bad loans to hit 4% by FY14-end
RBI auctioned cash management bills for a notified amount of Rs 6,000 crore today which included 56-days cash management bills worth Rs 3,000 crore