For banks to cut loan rates, the cost of deposits needs to come down, and there is no sign of that happening.
Industry experts estimate that demand for loans from the sector outstrips supply by more than $80 billion.
Govt reconstitutes body, says will not interfere in senior PSB appointments
Banks have been patient and flexible in rescheduling loans.
India has achieved 100 per cent electrical connectivity, but 100 per cent electrification remains a long-drawn task, says Shreya Jai.
There is a narrow chance that the central bank may cut rates in the future, according to a poll of 15 economists and treasurers.
As the Reserve Bank maintained a status quo on key policy rates, analysts said higher demand due to supply constraints will not allow inflation to ease as quickly as anticipated and the apex bank may be forced to increase rates once more by the year-end.
TCS tops the list of 100 wealth creators for the fourth time in a row
A fourth of the property market is cash-based and this has affected home sales after high value notes were scrapped.
The BSE Midcap and the BSE Smallcap indices pared all intraday gains to end 0.3% and 0.5% lower
Investors are keenly awaiting the announcement of the macroeconomic data-IIP and CPI due on Tuesday.
Profit taking in index heavweights RIL and HDFC weighed on sentiment while ICICI Bank surged 7%.
The rupee's plunging to record level and a sharp fall in the equity market are knee-jerk investor reactions to the US Federal Reserve's saying the it will slow down bond-buying programme in view of improving American economy.
'The main reason people go to other countries is unemployment in Punjab'
In 2010, ministry told its officers nominated on PSB boards to stay away from big-loan panels; central bank followed suit.
Power generation and distribution is the most indebted sector
43 months after Modi's election promise that his government would create 10 million jobs, the reality does not paint a pretty picture, warns Shyamal Majumdar.
By splitting its business into separate verticals with dedicated portfolio heads, CavinKare looks to improve distribution and facilitate more launches in the future
Key macroeconomic indicators suggest softening industrial growth.
Officials in the weather department said the monsoon is expected to be below normal because of the El-Nino effect.
While FMPs no longer offer the same short-term advantage, it is still a good product for the medium term.
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Bank has cited trend of global easing and weak growth
Industrialists affirm their belief that the adverse effects of demonetisation and the goods and services tax are finally over.
It can be noted that the rupee lost nearly 7 per cent since the beginning of May as FIIs have pulled out nearly $4 billion from the domestic debt, as bond yields fell on expectation of RBI cutting rates on Monday.
The Consumer Price Index hit the lowest in six months in March at 4.83 per cent.
Terming the RBI action on Wednesday as a "pleasant surprise", analysts today cautioned that possibility of a rate hike in the future cannot be ruled out. Urijit Patel committee's report on monetary policy would clear the air on RBI's future stand, they added.
Metals bucked the trend and shone across the board.
Lock into these long-term bonds for higher interest rates and capital appreciation
Tata Motors was the top gainer on better-than-expected June quarter revenues
The BSE Sensex was down 326 points at 23,277 and the Nifty was down 107 points at 7,056.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
India's debt recovery and restructuring framework is still a work in progress, even six months after the President's assent to the Insolvency and Bankruptcy Code 2016.
Ahmedabad-based firm to fund deal through equal amount of equity and debt.
Three years after the prime minister's election promise that his government would create 10 million jobs, the emerging picture is not pretty. Employment HAS TO take on a critical status in the government's agenda, says Shyamal Majumdar.
The growth in eight infrastructure industries slowed to 2.3 per cent in May mainly due to contraction in crude oil, natural gas, coal and fertilizer output.
The depreciating rupee against dollar has a short-term benefit for the IT industry and the sector should not depend on currency management for profits, a top functionary of industry body Nasscom said.
Retirement fund body EPFO on Monday is likely to retain 8.5 per cent interest on PF deposits for its over 5 crore subscribers in 2013-14.
In a bid to boost the dormant primary market, regulator Sebi said it is ready to review the mandatory grading of initial public offers.
Indian companies struggle to escape debt burden as profit slows.
MUDRA bank will help microfinancing firms to lend more.
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