Banking Finance News
Rupee had gained 34 paise to close at five-week high of 61.41 against the dollar on Friday.BSE Sensex rises to record high of 21,483 on Assembly election resultsIndian rupee strengthens 34 paise to 5-week high of 61.41 vs US dollar
Several industrial groups including Aditya Birla Group, Reliance have made a pitch for bank licences...
Banks added Rs 3,84,090 crore on the non-food credit front since April 1.
Switzerland’s private banks have until Monday to decide whether to bow to US pressure.
The Indian rupee resumed higher at 61.64 per US dollar from yesterday's closing of 61.75.
Barclays further added that we expect the repo rate to be cut to 7 per cent (another 25 bp cut).