Modi must focus on other state-level reforms, such as those in labour laws, leasing of land and agriculture
Many fear that in practice if banks make their customers pay to hold their money, it might lead to a situation where consumers hold on to cash.
High rates of such schemes deter banks from dropping borrowing rates - and thus lending rates
How the 4 ministries have performed
Much of the loudest opposition comes from those in the start-up world, who fear this would put them at a disadvantage in reaching new users
Though India is a low-bandwidth geography with relatively low Internet penetration, it has a very large number of sophisticated surfers and skilled computer users
Central bank sees action as discriminatory, unfair
The bank's branch expansion and recruitment have been curtailed.
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.
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
'The cost of funds has come down, which will lower lending rates'.
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