We are not taking that these measures will be long term, says SBI Chairman Pratip Chaudhuri
Short term rates shoot up by 100-200 basis points
Banks sell dollars after RBI announced a slew of measures to arrest rupee's fall
Madhu Kapur had approached the High Court on June 6 seeking a stay on the appointment of Srinivasan
This is a step to boost flow of foreign exchange into the country
Might weaken moreas month-end dollar demand gets stronger, say dealers
An official at the central bank said 'financial inclusion' has to be pre-condition for such banks to come
Reserve Bank of India says no prima facie evidence of money laundering
Customers will earn reward points for conducting transactions like online utility bill payments, purchases made using debit cards
The industry has been demanding a cut in key policy rate to boost economic activities
In the past, the regulator had also advised banks to employ only those Direct Mar
Program launched to encourage bank account usage, especially e-banking
Rates of term deposits of over Rs 5 crore have been reduced by 25 bps with immediate effect
R Gandhi, executive director, RBI says several new ideas, innovative approaches are needed for this great effort
Bank presents three-year plan for priority lending, financial inclusion
The shares have been acquired by Tata Investment Corporation Ltd, whose portfolio of bank stocks rose to nearly Rs 183 crore
Nirmal Laxmandas Jitwani, Canara Bank customer from Ambernath, alleged that the bank did not verify his signature before clearing cheques
According some analysts, a large part of the reserves could have been used to check the volatility in the forex market.