The Macroeconomic and Monetary Developments mid-term review 2008-09 release by the Reserve Bank of India said that even if the…
The primary market segment of the domestic capital market witnessed slackness in resource mobilisation during the second quarter of 2008-09,…
After parting ways with GE, state-owned Life Insurance Corporation of India has decided to tie up with Corporation Bank for…
The banking industry is hoping for more rate cuts by the Reserve Bank, which in turn, will help soften both…
Crisil, a subsidiary of international rating agency S&P, expects intensified downward pressure on credit quality in next 12 months given…
State Bank of Travancore has recorded 70.37% rise in net profit to Rs 113.83 crore during the second quarter of…
Catholic Syrian Bank will be cautious on lending to housing sector due to risks involved in the real estate sector.…
Banking industry of the country is not in a hurry to reduce its deposit and lending rates following a 100…
Kolkata-based Allahabad Bank has reported a 83% fall in net profit at Rs 41.68 crore for the quarter to September…
PNB is in the process of acquiring a bank in Kazakhstan with a paid-up capital of $15 million to $25…
The country?s foreign exchange reserves dropped $9.9 billion to $274 billion, the RBI said in its weekly statistical supplement.
HDFC Ltd announced a net profit of Rs 534.23 crore for the second quarter ended September 30, a 17.35% decline…
Tensed money markets, took a breather as the cost of borrowing dollars in London fell, rounding off the first weekly…
Bond yields fell sharply on Thursday after authorities took measures to boost cash availability, while lower inflation raised confidence among…
Citigroup reported a net loss of $2.8 billion for the third quarter ended September, primarily on credit-related losses and also…
The Reserve Bank of India has issued fresh guidelines in connection with interest rates on non-resident rupee term deposits and…
Backed by robust growth in net interest income and fee-based income, HDFC Bank registered a net profit of Rs 527.98…
In an improved response from the banks, at the special 15-day repo, the Reserve Bank of India received five bids…
