Amidst hectic pace of developments in international and domestic markets, finance minister P Chidambaram has convened a meeting of the…
Domestic insurers have cheered the move of the Union cabinet clearing the proposal to increase foreign direct investment from 26…
Back on the track of the second round of rate cuts by the US Fed, taking the benchmark rate down…
The Reserve Bank of India said that all systemically important non-deposit taking non-banking financial companies, with an asset size of…
Dutch financial majors ING and Aegon, which have operations in India, have now availed government bailout funds to manage their…
The country?s largest bank State Bank of India following the merger of State Bank of Saurastra with itself has increased…
ICICI Bank has seen its operating expenses decrease by 12% to Rs 1,688 crore in the second quarter of 2008-09…
Mahindra & Mahindra Financial Services Ltd, which operates mainly in rural and semi-urban areas, said its consolidated income in the…
Dispelling fears that it would see a dip in earnings, ICICI Bank, the country?s second largest bank by assets, posted…
A day after keeping rates stable in the mid-term review of the RBI Annual Policy, governor Duvvuri Subbarao mentioned that…
Union Bank of India said on Saturday that its net profit for the second quarter ended 30 September increased to…
Public sector lender Bank of Baroda said its net profit for the second quarter ended 30 September has grown 20.81%…
The RBI has set a timeframe for some of its forthcoming measures relating to credit delivery mechanisms and other banking…
In a bid to strengthen the market infrastructure of the country, the RBI plans to launch interest rate futures in…
Duvvuri Subbarao, governor, RBI, while unveiling his mid-term review of the annual policy for 20089-09 has revised GDP growth forecast…
The RBI chose to pause its monetary relaxations to judge the impact of the Rs 1,85,000-crore liquidity it has pumped…
Review of the mid-term Macroeconomic and Monetary Development, released by the Reserve Bank of India, said that capital flows have…
The Macroeconomic and Monetary Developments mid-term review 2008-09 release by the Reserve Bank of India said the recent episode of…
