The Rupee is expected to weaken further against the dollar.
Monetary transmission has been an issue for the Indian banking sector.
'The overall stress on asset quality is indeed coming down.'
Issuers are currently not comfortable with the bids they have been getting for their bond offerings.
The central bank had nudged banks to cut lending rates.
In May 2014, FIIs were net buyers by Rs 20,225 crore (Rs 202.25 billion).
Axis Bank launches Ping Pay to enable fund transfer across various platforms
The view among the regulator and the government is that the currency is overvalued
Banks seems to be upset over RBI's move over rate cut.
Banks in India must have a modern approach, suggests a panel comprising of banking bigwigs.
HDFC Bank becomes first Indian lender to develop mobile banking app for Apple's latest offering in India.
The message to bankers from Raghuram Rajan was clear.
The corporate sector does not care from where the money is coming.
Commercial banks have not yet reduced their lending rates.
Most say a rate cut could come in RBI's June policy.
India's foreign exchange reserves are at an all-time high.
The year 2014-15 could well go as one of long-pending financial sector reforms, expected to have a lasting impact.
Banks are expected to cut lending rates from April 1.
Move to shift powers from RBI without discussions baffles many
Aditya Puri thinks the government is on track.
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