Money sent abroad rises sharply in July; maintenance of close relatives, education expenses top the chart
Central bank sees action as discriminatory, unfair
The bank's branch expansion and recruitment have been curtailed.
India received $70 billion in remittances during 2014.
For banks to cut loan rates, the cost of deposits needs to come down, and there is no sign of that happening.
We need a change in mindset, says the RBI Governor.
HDFC Bank has ensured that no bank will be able to match them in the near future without bleeding on margins.
Instructions were issued on holding loan camps in the last week of September.
Apart from 40 modules of Harvard, SBI has internally developed 500 e-modules for employees.
The finance ministry has put out a revised draft in public domain.
The rally followed the govt's plan to bolster state-owned lenders.
SBI's gross NPA figures have shown a decline for three consecutive quarters.
The festive season starts from August and last till December.
Scanty rain would have put extra pressure on food prices.
Media has gone beyond its traditional boundaries.
Urjit Patel panel wanted all members to be appointed by RBI
Bond issuances dipped 31.4% during January-June
SBI said the crisis in Grece would have little impact on the bank.
'The cost of funds has come down, which will lower lending rates'.
Bankers said the mammoth task of cleaning up the PSBs and improving their health will be a mammoth task for any chief executive.
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