Ruling out a cut in lending rates, bankers said the status quo policy stance of the Reserve Bank will be followed by them, at least in the near-term.
Generally, the central bank grants its approval by mid-March, or latest by March 31, but most banks have not received RBI approval on bonus packages this year.
Dalal Street is bullish on invest
The NITI Aayog may want us to believe this is one of the easiest payment systems in the world, but Tinesh Bhasin decodes the many unanswered queries and concerns involving the United Payments Interface.
RBI said the outlook for economic growth for 2016-17 has turned uncertain after the unexpected loss of momentum by 50 basis points in Q2 and the effects of the withdrawal of banned notes
FinMin officials say an announcement could be made in the Budget.
The ministry seeks to make lending requirements flexible for banks financing key stalled projects.
'RBI and the economy will gain tremendously from Urjit Patel's experience in both private and public sectors'
RBI Governor has been under pressure from Finance Ministry.
The Central Bureau of Investigation has started a preliminary enquiry looking into the Rs 950 crore (Rs 9.5 billion) alleged bad loan given by IDBI Bank to Kingfisher Airlines ignoring the company's negative credit ratings and net worth.
The meeting will focus on how to make the crisis an opportunity for India.
As a result, the forecast of eight per cent retail inflation by January next year looks achievable.
Higher provisioning drags net profit down by 7.8 per cent.
SBI leads a 17-member consortium of lenders that is trying to recover dues running into over Rs 7,500 crore (Rs 75 billion) in principal alone from Kingfisher Airlines.
Lending rates in certain segments may be increased; fixed depositors may lock into existing rates.
Will demonetisation lead to a rate cut, leading to higher quantum of lending?
The American, who moved from US Navy to the corporate world, is considered best suited for this role because of her understanding of both production and distribution. Arnab Dutta & Viveat Susan Pinto report.
SBI's net profit for the quarter rose 30.3% to Rs 2,910 crore ($468.4 million), from Rs 2,234 crore a year earlier on the back of rise in net interest income, fees, and control on employee costs.
Banks might hold on to lending rates for the time being.
The Confederation of Indian Industry will organise a round table on investment.
India's aggregate NPA as a percentage of GDP is far lower than that in Italy, Greece.
Assocham told Modi policy makers needed to act fast to "bullet proof" India from global jitters.
A two-year extension at the helm of the RBI still looks a real possibility
With cash -- the primary medium of exchange -- all but disappearing, it is now unlikely that the expected fillip to demand on account of a good monsoon and proceeds from the Seventh Pay Commission payout will materialise.
Railway Budget has not discriminated against any state.
There is a sharp difference between the total remuneration paid at the public sector and private sector entities
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Bankers remained ambivalent on the impact of Tuesday's policy announcement by Reserve Bank on the cost of funds and refrained from giving a guidance on the direction in which lending rates are headed.
The broader markets outperformed the benchmark indices- BSE Midcap and Smallcap indices gained 0.4% each
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.
The government's step to curtail fiscal deficit is helping the central bank's monetary policy, Rajan said.
Some initial reactions to Prime Minister Narendra Modi's announcement of demonetisation of Rs 1,000 and Rs 500 notes with effect from midnight.
Vijay Mallya, who faces prosecution in India, is reportedly in London.
Stung by the crisis arising out of the Syndicate Bank bribery case, lenders have gone into a fire-fighting mode to avoid fresh bad loans from their exposure to Bhushan Steel, one of the most indebted steel companies in the country.
We tried our best to recover money from Vijay Mallya: Arundhati Bhattacharya
'The corporate sector says by 2022 they will create 300 million jobs.' 'In the last 70 years we didn't do it, how will we do it in 5 years?' 'Only agriculture can bail out the economy. Unfortunately, it is not being looked into.'
State Bank of India chief Arundhati Bhattacharya, ICICI bank head Chanda Kochhar, Biocon founder Kiran Mazumdar-Shaw and HT Media chair Shobhana Bhartia are among the world's 100 most powerful women.
When it comes to key hands-on management positions, India Inc is still largely run by men.
Jaitley's Budget has the potential to change the face of Modi's Bharat
Since January 2015, the central bank has lowered its policy rate.
RBI on Monday conducted an unprecedented level of liquidity infusion to the tune of Rs 3.3 lakh crore, in which banks bid for as much as Rs 4.5 lakh crore. The central bank said it would conduct a liquidity infusion auction of Rs 1 lakh crore on Tuesday as well, to help banks tide over the liquidity crisis.
