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Following RBI's liquidity push, onus now on banks to deliver

Bankers and economists agree rates will soften, though the quantum would depend on banks' asset-liability profile After the Reserve Bank of India's (RBI) announcement on Tuesday of liquidity......

RBI's new mission: Getting lenders to pass on its rate cuts

After months of denying there was a liquidity problem, Governor Raghuram Rajan has reversed course. Image: RBI is expected to cut the repo rate another 25 bps as India bids to revive investment......

Banks will have to lower lending rates in April

  Irrespective of the RBI action , lenders need to catch up with transmission lag Irrespective of whether the Reserve Bank of India cuts its policy rate on or before the April 5 policy......

Few takers for rural job scheme, says govt, SBI data differs

SBI data shows the per-capita payouts for scheme have shot up this year.  There is something peculiar happening in the government's employment support programme for rural India. Despite......

Deflation might disturb Jaitley's fiscal math

  Nominal GDP, assumed to grow 11.5 per cent for the current financial year in the Budget, has grown only 7.4 per cent in the first half of the current financial year. Finance Minister Arun......
  Web results for Soumya Kanti Ghosh
Bank credit growth back in single digits

The rise in the initial months fanned hopes that an economic recovery was in the offing, but recent data indicates that demand continues to remain... ...
India has Rs 50k cr more cash than anticipated by RBI

In the age of electronic transfers, the central bank's presses are busy printing currency notes, reflecting a paradox for policy makers. A... ...
After 17 months, WPI inflation turns positive at 0.34% on potato, sugar price surge

After remaining in the negative zone for 17 consecutive months, the Wholesale Price Index (WPI)-based inflation moved to positive territory at 0.34... ...
Indian states' middle-income trap

Posted On: 2016-05-13 Posted By: Soumya Kanti Ghosh and Shambhavi Sharma Business & Finance MintAsia Magazines India, May 13 -- In the Indian... ...
New Mauritius treaty may force banks to delay interest rate cuts

MUMBAI: The Reserve Bank of India may face serious challenge from the softer interest rate regime when it comes to managing cash or liquidity in... ...

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Coming to India and making

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