Roopa Kudva, managing director and chief executive officer, Crisil said that the current global financial turmoil will trigger more downgrades…
The country?s foreign exchange reserves fell for the sixth week, the longest continuous decline in more than eight years, while…
A McKinsey & Company report on Indian banking released on Thursday notes that despite the Indian credit market experiencing healthy…
The Reserve Bank of India plans to bring open-ended prepaid cards under its purview. The central bank will issue an…
A banking conference organised by FICCI and the Indian Banks Association here on Thursday saw the country?s leading bankers express…
More public sector banks as well as Citi Bank reduced prime lending rate on Thursday. Citibank, which is the first…
The country?s largest lender, State Bank of India, on Thursday said it would reduce its lending & deposit rates and…
In its latest Global Economic Outlook, Fitch Ratings predicts that the world’s major advanced economies?US, UK, Euro area and Japan?will…
The Boston Consulting Group expects merger & acquisition opportunities for Indian companies after the ongoing global financial crisis settles down…
Bank of India and Bank of Baroda have reduced their BPLRs by 75 basis points each. For BoI, the BPLR…
KV Kamath, managing director and CEO, ICICI Bank, has said that Reserve Bank of India may take further monetary measures…
Deepak Parekh, chairman, Housing Development Finance Corporation has indicated a possible merger of HDFC-HDFC Bank in near future.
The ?Survey of Professional Forecasters? conducted by the Reserve Bank of India has found that headline inflation, on a year-on-year…
The largest state-owned lender, State Bank of Indi, intends to forge alliances with other Indian banks in a bid to…
Banks and money markets responded positively on Monday to the extensive liquidity measures taken by the Reserve Bank of India…
Indian commercial banks, it seems, are finally ready to reduce rates for India Inc and retail borrowers.
Standard & Poor?s Ratings Services on Friday affirmed its ?BBB-? long-term and ?A-3? short-term sovereign credit ratings on India. The…
India?s foreign exchange reserves for the last fortnight have dropped by more than $10 billion each week. For the week…
