Car sales dipped by 2.55 per cent in October, as the festival season demand for auto remained in slow lane.
Banks have swung into action as gold prices continue to slide. Reduced loan-to-value ratio (LTV), cautious lending, and a close monitoring of the gold loan portfolio have prompted them to hedge their loan books against the reduction in prices.
At other bank ATMs, the customers of these banks will be charged beyond three transactions.
Even as State Bank of India, the country's largest lender, has decided to charge its customers for more than five transactions through automated teller machines (ATMs), private sectors banks continue to be on a wait-and-watch mode.
Mid-caps in cyclical sectors such as cement, financials and capital goods estimated to earn much more
The Ebitda margin, too, was lower than the expected 29.1 per cent.
2014 sees slowest start to festival season in at least 7 years
More, many market gurus expect the Sensex to reach 30,000 levels by December and 40,000-45,000 in three to four years.
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As many as nine respondents said RBI would hold the repo rate at 8% till March-end, 2015
Currently, the fee is Rs 15 per financial transaction. This has been recommended to be revised to Rs 16.50, plus service tax (12%), taking the amount to Rs 18.48.
Based on the credit history banks may later decide to extend the amount.
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With its Mitsubishi JV beginning operations this quarter, analysts expect meaningful revenue addition
Their net NPA as a proportion of net advances were 2.2 per cent, compared with 1.7 per during the same period a year earlier.
In fact, some private sector lenders have decided to skip advertising these altogether.
SBI, ICICI Bank and PNB reduce interest rate for loans above Rs 75,00,000
ICICI Bank has 317 branches in hitherto unbanked villages.
Banks cut interest rates, processing fees; offer discounts for online shoppers.
India Inc's earnings seem to have gathered momentum with a surge in the BSE Sensex over the past two quarters.
Days after the PM announced a financial inclusion package, a look at how banks and insurance firms are going about it and what lies ahead.
IndusInd Bank, has recently launched www.themorestore.com only for its credit card and debit card holders
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