Experts believe it can touch 63 against the dollar
Union Bank of India, United Bank of India reduced base rates.
The post of chairman and managing director has been split and the government has appointed managing directors and chief executive officers in four banks -- Indian Overseas Bank, United Bank of India, Oriental Bank of Commerce and Vijaya Bank.
Bajaj Finserv has few opportunities and challenges to overcome in 2015.
In the policy banks, the government can have 100 per cent stake, McKinsey said.
The meeting will be attended by all heads and EDs of public sector banks
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2014 made a lot of promises; can the new year deliver?
The banking sector is set to move at a fast pace from hereon.
RBI Governor Raghuram Rajan has said falling oil prices act as a cushion for CAD, adding it is time India does away with restrictions on gold imports
Experts hail 2014 as the worst year for banks.
Bank credit growth, still sluggish, could see a rise if the Reserve Bank of India decides to cut interest rates, believes Ashima Goyal.
India Inc is borrowing from global firms as interest rates sky rocket in India.
The Directorate General of Civil Aviation has been asked to open up bookings of SpiceJet till March 31, 2015, while airport operators have been asked to provide 15 days to the airline company for making payments.
May touch 64/$ due to foreign flows slowing down
Union Bank of India, Canara Bank, Andhra Bank, Saraswat Co-operative Bank and YES Bank have come together to allow inter-bank fund transfers through debit cards.
Jaitley has made it a habit of giving soundbytes to the media like his predecessors on why RBI should cut interest rates
RBI could opt for a 'deep cut' after winning inflation war, say experts.
A series of failed loan recast programmes continues to haunt banks.
Airbus recently bagged large orders from Indian airlines such as Indigo and Go Air.
The change from wholesale to retail inflation as an anchor means that the weightage of diesel in inflation has decreased
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