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RBI stays on sideline as rupee hits 20-month low

Traders believe the RBI will step in more strongly, if the rupee starts falling towards 65 The Reserve Bank of India's limited intervention during the rupee's slide to 20-month lows against the......

SBI limits free ATM transactions to 5, will others follow?

Even as State Bank of India, the country's largest lender, has decided to charge its customers for more than five transactions through automated teller machines (ATMs), private sectors banks......

IDBI Bank to arrange $1bn for Air India's jet buy

Public-sector lender IDBI Bank will lead a consortium in arranging $1 billion needed to bail out national carrier Air India. The state-owned airline has been struggling to arrange funds for......

IDBI to hire 2,000 officers in 6 months

The state-owned IDBI Bank is in the process of recruiting 2,000 supervisory officers in the next six months to support the expansion of its branch network, said Chairman and Managing Director......

IDBI Home Finance sale faces hurdles

The IDBI Bank board will meet on Friday to decide if the bank should sell its wholly-owned subsidiary, IDBI Home Finance, to Dewan Housing Finance Corporation at a valuation that is below what has......
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L&T, Prestige Estates, Tata Motors, IDBI Stocks to watch: L&T, Prestige Estates, Tata Motors, IDBI Here are stocks that are in news today: Revision in base rates... ...
Build your portfolio as markets consolidate

By (Any opinions expressed here are those of the author and not of Thomson Reuters) The Nifty closed a percent higher to end the truncated... ...
Banks can have multiple insurance tie-ups

Open architecture means more choice for customers but banks may not be willing to tie up with multiple insurers immediately. The Insurance... ...
5 home loan lessons from Mahatma Gandhi

Gandhiji inspired the nation to believe in their dream. He continues to be an inspiration to each one of us by making us believe in our dreams.... ...
Axis Bank, IDBI join in on base rate cuts

The transmission by banks following the 50 basis points repo rate cut by RBI governor Raghuram Rajan continued for the second day with two banks... ...

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