There is a narrow chance that the central bank may cut rates in the future, according to a poll of 15 economists and treasurers.
'We have 100,000 students going abroad every year.' 'So, we have room for at least 100 universities of very high quality to service those 100,000 students.'
With banks staying out of the bond market, and foreign investors exhausting their investment limit, the question is: Who will buy the Rs 4.6 trillion bonds that will be issued from April.
According to the report, financial assets of the Indian households are predominantly in the form of bank deposits, followed by life insurance - a pattern that got disrupted after note ban
'Some business families would probably have to revert to their core businesses, which the IBC will ensure.'
The government has asked the Indian Banks' Association to make sure that IDBI Bank's wages are on a par with other banks.
State Bank of India hikes lending rates, and other banks pick up the signal.
Y H Malegam, 80, will head the panel that will look into non-performing bank assets and their relation to the Rs 114-bn PNB scam.
The banking sector's credibility is on thin ice. Unless the government takes strict steps, things could get worse.
Customers have other options available to them to do low-value transactions, if wallets start mandating full KYC and would switch to those.
It is up to the bank management to decide which application gets to interact with the CBS
The problem here is that internal auditors are good at accounts, but they are not trained to track foreign exchange transactions
The latest fraud is a failure of management supervision and accountability, as no bad debt was generated and no cash was involved
Experts said the new framework has ensured that the focus has moved to creditor protection from debtor protection.
Banks given 180-day time for NPA resolution, matter to be referred to Insolvency Board within 15 days.
Banks argued that loans of most lenders are funded primarily by retail deposits and not from the wholesale market as was the practice abroad
Foreign banks were ahead in terms of technology, but that is no longer the case as Indian private banks steal the innovation march.
Instead of a rate hike, or even a pause, there could be a window for the RBI for an interest rate cut
Branch additions for most major banks in the current financial year do not correspond to the number of the past two years.
Growth impulses, while improving, remain fragile, and a rate hike will be disruptive to interest costs.
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