CAMELS set to give way to a more forward-looking rating system, the central bank seeks cooperation from overseas regulators
Lenders slash rates by 25-50 basis points
PE investors gain decent returns from long-term investments in banking stocks
The fund plans to do initial closure in March 2013 and final closure 12 months after that: Sunil Rohokale
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The new WestBridge fund has been backed by large global family offices and endowment and sovereign funds
Increased demand for dollar from oil importers & weak dollar against other currencies overseas capped rupee's losses
HDFC Bank to hike credit card cash processing fee from November
Traders cite government-driven demand for dollars, which they say could be tipped to defence payments
The company plans to leverage its business partnerships with co-brand partners
Banks are choosing government securities and retail loans over corporate loans
Y-o-Y credit growth for the banking industry has already plunged below 17% in Aug 2012, is expected to moderate further in coming months
The bank has also reduced car loan rates by 25 bps
Currently, the bank charges Rs 50 as cash processing fee