Liquid mutual funds, tax free bonds attract money
Move comes as govt looks to deepen its corporate bond mkts to meet funding needs of domestic cos
However it pointed out that asset quality pressure in commercial vehicle and construction equipment would continue in the current year.
Sum can be up to Rs 75,000 but will depend on disbursal
Facility will provide banks customers with its various products under one roof
Bank expects recoveries in 2-3 accounts from diverse sectors during the quarter
Regulators can manoeuvre to meet inflation target: BoE chief-designate
Also on the cards could be the first interest rate reduction in nine months
Month-end dollar demand from oil importers, dollar's gains overseas affects rupee
Poll, however, reflects an overwhelming consensus for a 25 bps cut
The current rule mandates that promoters of private banks must pare their shareholding in the bank to 10% over a period of time
However, the RBI remains cautious with inflation around 7%
Company's deposit base stands at Rs 1,412 cr in the reporting quarter
To sell 39.9 million shares at Rs 1,390 per share
To sell 39.9 million shares at Rs 1,390 per share