Erases early gains on fresh demand for dollar from banks & importers amid capital outflows from foreign funds
The base rate or the minimum lending rate of IDBI Bank stands at 10.5%
Visa improves its bank offer to fight NPCI's lower cost services
Calls for long-term plan to recapitalise PSBs
In the beginning, these cases were mostly concentrated in Kadapa district and subsequently had spread to Nellore and other parts of the state
Rejig, to be completed by March ?14, aimed at $3.2-billion pretax profit by FY16
Continues to rule firm against dollar on sustained selling of dollars by banks and exporters
Earlier this week, SBI announced a cut of up to 1% in interest rate for fixed deposits across maturities
Mario Draghi unveiled a new and potentially unlimited bond-buying programme on Thursday