Interview with President, ADB
Says the service sector needs to create more jobs for the millions who will join the workforce every year
Will launch IDF in the third quarter
Lenders, led by SBI, have begun recovery proceedings, said a senior bank official
Banks approach RBI fearing hit on balance sheet; GJEPC steps in for firefighting
Credit grows 14.51%, deposits up 13.27% y-o-y
The RBI is widely expected to cut policy rate and cash reserve ratio by at least 0.25% each to prop up growth in its policy tomorrow
Forecasters expect India's current account deficit to come down to 4.5% of GDP in FY14 from 5.1% in FY13
The central bank says the CAD in FY14 is likely to benefit from the moderation in global commodity prices
Deposit rate cuts lower banks' cost of funds and allow them to lend money at lower rates
Growth expected to remain below potential for the third year in succession during FY14
As the gap between India and China widens, India must strengthen multilateral options like the Asian Development Bank
State govt asks all the district magistrates take stringent actions such companies
The forecast reflects views of professional forecasters outside RBI and not of the central bank
Domestic policy uncertainties, governance concerns, the impact of earlier monetary tightening and the slacking of external demand continue to adversely impact growth, RBI said in a report on the eve o
The public sector lender, which had witnessed 89% drop in net profit in the fourth quarter to Rs 59 crore due to rise in bad assets, has set a target to recover around Rs 2,500 crore in the ongoing fi
In 2011-12, banks had disbursed Rs 4.76 lakh crore credit to farmers against the target of Rs 4.75 lakh crore
'The stunted transmission of monetary easing also stands in contrast to the government bond market'
Indian Bank has revised its interest rates on foreign currency non-resident (banking) term deposits with immediate effect.
The bank's income from surplus resources is lower than ever due to diminishing interest rates in advance countries