banking finance News
RBI will roll out more measures in coming weeks to improve liquidity, says Rajan.High inflation in November set to keep pressure on RBI over interest rate hikeAssembly elections 2013: Congress defeat may lead to higher fiscal deficit, says Fitch
Rupee had gained 9 paise to close at 4-month high of 61.04 against dollar in yesterday's trade.
In case of nationalised banks, top 30 defaulters contributed 43.8 pct to the GNPA with Rs 55,663 cr.
The Indian rupee resumed strong at 60.98 a US dollar from the previous close of 61.13.
Parliamentary panel suggests RBI should refrain from giving banking licences to corporates.
Barclays further added that we expect the repo rate to be cut to 7 per cent (another 25 bp cut).