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Banks to face RBI heat for not passing on base rate cut benefit

Central bank sees action as discriminatory, unfair The Reserve Bank of India (RBI) is not comfortable with the fact that commercial banks are not passing the entire benefit of base rate cut to the......

Loans from SBI, ICICI Bank to be cheaper

Within couple of hours of rate cut by the Reserve Bank, country's largest lender SBI slashed its lending rate by 0.40 per cent, while the largest private sector lender ICICI Bank hinted at cutting......

Common sense says interest rates should come down: Jaitley

Jaitley said if interest rates were lowered, the economy could grow faster than 7-7.5 per cent. Days before Reserve Bank Governor Raghuram Rajan unveils his bi-monthly monetary policy, Finance......

Reserve Bank isn't done with rate cuts, says Rajan

Says impact of crisis in China won't be as big here as in some other countries Hinting at a fourth interest rate cut this year, Reserve Bank of India (RBI) Governor Raghuram Rajan has said the......

Rajan sets inflation fight, bank books clean-up as priorities

Reserve Bank Governor Raghuram Rajan on Thursday said the central bank will continue its focus on taming inflation, speeding up resolution of distressed projects and ensuring enough capital for......
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Chinese markets drop as November PMI disappoints

Chinese markets opened in the red after investor sentiment took a hit from private and official November PMI surveys. Chinese markets opened... ...
Wall Street dips with health, consumer shares; gains for November

By Caroline Valetkevitch (Reuters) - U.S. stocks were modestly lower in late afternoon trading Monday amid declines in health and consumer... ...
PeopleAdmin recognized among 10 Hottest Digital Solution Companies in 2015 for innovative solutions, intense focus on customer experience

From the Wires Nov. 30, 2015 02:59 PM PeopleAdmin, a leader in talent management software for K-12, higher education and government, today... ...
Fed Adopts Dodd-Frank Limits on Bailing Out Financial...

By David Harrison The Federal Reserve on Monday adopted a rule curtailing its flexibility to set up loan programs in a crisis, seeking to assuage... ...
Dangerous Resurgence

Extremists and liberals in Bangladesh are currently engaged in a life and death struggle for survival and dominance within a society long buffeted... ...

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