Reserve Bank Governor Raghuram Rajan is widely expected to hold the key rates citing high inflation at the fourth bi-monthly monetary policy announcement on Tuesday, even though the pro-growth lobby has been wishing for a rate cut.
Hyderabad-based Andhra Bank is aiming to get a significant proportion of the state government's business, to boost its share of low-cost deposits
Brokerages expect Nifty50 firms to post 11.8% growth in net profit in Q1 but sales may decline
Sensex lost 76 points to end at 25,589 while Nifty shed 23 points to end at 7,649.