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.
The festive season starts from August and last till December.
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
Gold prices fell to a 5-year low of less than $1,100/ounce.
The rupee's stability in the last 12 to 18 months made corporates reduce hedging
In the April-June period, bond yields rose by 30 bps.
'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.
HDFC Bank managing director Aditya Puri says a little delay in monetary transmission is inevitable
KV Kamath has had a tough journey so far.
In two months, the lender has disbursed about 25,000 car loans
Monetary transmission has been an issue for the Indian banking sector.
'The overall stress on asset quality is indeed coming down.'
RBI data on Dec 2014 showed 1.05 million PoS machines in the country.
Latest figures for HDFC Bank aren't available.
In 2014, gold prices had fluctuated between Rs 27,000 and 30,000/10g.
Contactless denit and credit cards increases the ease and convenience of transactions.
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