R Sivakumar of Axis Mutual Fund said they expect short-term bonds to outperform long bonds
The Reserve Bank on Thursday raised reverse repo rate to 6% but kept repo unchanged at 6.25%
Since April 1, 2016, the banks have reduced their MCLR by around 60-125 bps
The state government has formed an eight-member committee to implement the decision
There is no ban on giving loans, but it would cost higher provisions for the bank
Fundraising plan is pending shareholder approval and a nod from the board of directors
The monogram has been refined for greater clarity and ease of use
In a research note it projected CPI-based inflation to average 5% in 2017-18
Bank says this QIP will boost the capital adequacy to 20%
Aimed at those who transact digitally for amount between Rs 500-2,500 and is an option to pay later
Punjab National Bank (PNB) has made a name for itself in recovery of bad loan dues
There is near unanimity that RBI would keep policy rates unchanged
Consolidation has reversed a long spell of setting up new enterprises by each new govt in New Delhi
SBI said the cash crunch problem was acute in Andhra Pradesh and Telangana
A pause is indeed the most likely outcome of the April policy
Dixit succeeds Alexander von zur Mühlen, who served for seven years as treasurer
YES Bank was the first bank that began operations at the IFSC in October 2015
The issue is part of SBI's $10 billion medium-term note programme
RBI will likely tread carefully at a time most central banks in Asia are keeping key rates on hold
Banks had stressed loans of 9.64 trillion rupees as of end-Dec, loans continue to soar