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RBI hikes key rates, loans to be dearer

Challenged by unrelenting inflationary pressures, Reserve Bank on Tuesday announced stringent measures of hiking mandatory cash reserve of the banks and its short-term lending rate to them to suck......

New Sebi chief to be announced by Feb 10

The government is likely to name the next chairman of the Securities and Exchange Board of India by February 10, a week before M Damodaran retires.A search panel headed by Cabinet Secretary K M......

RBI urged to keep interest rates stable

Bankers have submitted to the Reserve Bank of India that they expect interest rates to remain stable as there was no pressure to raise rates further with liquidity at comfortable levels.In a......

Festive season brings no cheer,credit growth slips

Festival offers have failed to bring cheer to retail bankers while higher interest rates and the likely peaking of the investment cycle is keeping wholesale bankers less busy these days.The......

IBA asks banks to rein in recovery agents

On the heels of Delhi Consumer Court imposing Rs 55 lakh fine on ICICI Bank for the excesses committed by its recovery agents, the Indian Banking Association has asked all the banks to follow the......

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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