No consensus on interest rates

Opinion among bankers is mixed over whether interest rates are likely to soften, even as two state-owned banks?Central Bank of…

The subprime saga continues

Increasing global concerns over tradable notes exchanged for mortgage-backed US home loans to subprime clients that have virtually become worthless…

Banks to pamper borrowers

With a slowdown in credit growth, banks have started cutting costs of funds they hold as deposits. Deposits have been…