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.
RBI will review the monetary policy again on September 29.
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.
Scanty rain would have put extra pressure on food prices.
Media has gone beyond its traditional boundaries.
RBI's liquidity tightening stance had stumped the Street as a result of which bond yields had risen.
Urjit Patel panel wanted all members to be appointed by RBI
Gold prices fell to a 5-year low of less than $1,100/ounce.
This was the near-unanimous replies of 10 market participants.
Bond issuances dipped 31.4% during January-June
The rupee's stability in the last 12 to 18 months made corporates reduce hedging
The rupee appreciated by 0.27 per cent in June against the dollar.
'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.