Two whole-time directors KVS Manian and Shanti Ekambaram of Kotak Mahindra Bank are in the race for the post of managing director and CEO, the position vacated by Uday Kotak last week. Photograph:......
Floating rate home loan borrowers, stuck on higher interest rates, can expect some relief from today (July 1). The introduction of base rate will ensure that if they are linked to it, they will......
Last Tuesday, when the Reserve Bank of India (RBI) signalled hiked reverse repo, repo and cash reserve ratio (CRR) by 25 basis points, many investors would have wondered what it means for them.......
The Reserve Bank of India, in its Annual Monetary Policy, allowed four more credit information companies (CIC) to start operations. This will strengthen the credit appraisal system. Bankers felt......
The Budget announcements have been made. The finance minister changed the tax slabs giving more money in the hands of the people. However, he also hiked duty on petroleum leading to a fuel price......