'Confidentiality needs to be maintained.'
Benchmark rate for new loans to be lower by 80-90 bps from Friday; move could increase competition but hit commercial papers.
In the case of Iran, the lifting of sanctions has paved the way for direct relations.
Banks have been patient and flexible in rescheduling loans.
The next chairman at the country's largest lender could enjoy a four-year tenure.
Money sent abroad rises sharply in July; maintenance of close relatives, education expenses top the chart
India received $70 billion in remittances during 2014.
The festive season starts from August and last till December.
Bond issuances dipped 31.4% during January-June
SBI said the crisis in Grece would have little impact on the bank.
Punjab National Bank has the largest share.
Banks have issues with their balance sheet profiles, say PSB executives.
Recent rates cuts by most banks may not have a significant impact on margins, say analysts.
'The rate cut will reduce the stress on customers and help the bank reduce its provisioning bill.'
Most say a rate cut could come in RBI's June policy.
Inflow of more funds is likely to widen the reach of insurance and drive M&A activities in the sector where growth has stalled.
Bharti will move FIPB soon for increasing Axa's stake to 49%
HMT Watches has been making losses for the last 15 years.
Banks have not cut rates yet as March is typically a busy season.
New plant will manufacture around 1 mn cases per annum.
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