Deposit rates for non-resident Indians may rise following Tuesday's rate hike by the US central bank Federal Reserve and due to the impact of forthcoming India Millennium Deposit redemptions worth......
After a gap of more than a decade, the government may turn to India's diaspora to boost foreign exchange reserves. The government and the Reserve Bank of India (RBI) have started discussing the......
The branch managers have come out of their glass cabins and the sellers' market has transformed into a buyers' market, but there is no end to the harassment of customers, asserts Tamal......
The finance ministry may not go for a quasi sovereign bond offering abroad through public sector banks. Rather, it is likely to ask public sector undertakings and financial institutions to raise......
The State Bank of India is considering launching an India-dedicated offshore fund as one of the options to retain the India Millennium Deposits which will come up for redemption in December this......