Speaking at the Business Standard Banking Round Table in Mumbai on Monday, five of the six bank chiefs said 'no' when asked whether RBI should raise rates in the second quarter review of the monetary policy on October 25.
Bankers said India's structural story from medium to long term was intact and they were optimistic about the future.
The debate over working hours flared up after Infosys Co-founder N R Narayana Murthy called for 14-hour workdays.
Kundapur Vaman Kamath, managing director and chief executive officer of ICICI Bank, has been chosen Business Standard's Banker of the Year for 2005-06.
After Chennai, it is Coimbatore, Madurai, and Tiruchirappalli, that are emerging as manufacturing hubs. Coimbatore is India's top Tier-II city in terms of the number of GCCs, according to a report by Cushman & Wakefield.
The deal fell through over unresolved disagreements over contentious issues, mainly on agriculture and automotive sector tariffs.
'We don't have to compete with Maharashtra or Gujarat. We have to now start thinking about how we compete with the United States or China.'
Thanks to a resource bind, at least principally, credit moderation has begun.
As a step to protect its interest as a lender, SBI will look at the financial stability and corporate governance practices in companies where it has exposure.
A Europe-like cyber security defence alliance is the need of the hour, say banking technology experts.
The department of investment and public asset management is racing against time to launch the LIC IPO, which could become the largest-ever listing on the Indian bourses. This would lead to some delay in the strategic divestment of IDBI Bank.
CEOs of leading banks say third straight rate hike by RBI inevitable, though not desirable.
Bank unions - officers and workmen - had buried their differences and sat across the table on August 29 to work out a fresh deal with the IBA involving a 20 per cent wage hike.
This was among the few times that TCS had to deploy rapid application development mode, which means changes in the application happen on-the-go.
'Should the government be in the business of running banks?' 'Particularly when it does not have the fiscal strength to continuously infuse capital into such banks?'
We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.
'One way of doing this could be offering credit guarantee to the banks, say 10 per cent, for fresh loans given to micro, small and medium enterprises,' observes Tamal Bandyopadhyay.
'If the RBI blesses us with a banking licence, we would like to launch a successful bank.'
Apart from fulfilling banking services, one can access more than 100 e-commerce sites, book tickets, and even pay for small value groceries through the app. The bank is now proposing to allow other banks to use this to serve their own customers.
'The selling in India may emerge as soon as the RBI reverses its interest rate stance.'
Modi urged the Swiss business leaders to explore the investment opportunities in India.
As many as 40 staffers, in the key equities and investment banking division in India, could be asked to go as part of the London-headquartered lender's global layoffs, said people aware of the development. HSBC India declined to comment.
'There is no need to do anything, let your SIPs get deducted every month, and stick to your allocation between equity, fixed income and emergency funds and your risk covers.'
The strategy these online marketplace companies follow in the next few months will determine whether Amazon gets to be the leader in 2017.
Sanjay Kumar Singh tells you what to watch out for when buying insurance and investing in MFs online.
But, neither were the big companies interested in growing inorganically nor were the smaller ones ready to offer themselves for sale.
The annual talk-fest of rich and powerful from across the world in snow-laden Alpine resort town of Davos will be attended by nearly 40 heads of government among more than 2,500 global leaders from over 100 countries.
If companies manage to raise Rs 10,000 crore, this will be the best year for IPOs since FY11.
N Sundaresha Subramanian digs deeper into what Catalyst, an Indo-US project, brings to the payments ecosystem.
Stability in currency markets was only restored from September.
Although the markets could see a knee-jerk reaction, they rule out a sharp fall.
For his 60th birthday in December, which he called his third 20th birthday, Mallya flew in Enrique Iglesias to perform at his villa overlooking the beach in Goa.
While there's tax arbitrage advantage in ULIPs now, experts say investors should prefer mutual funds for long-term savings.
The fund industry may have embraced machines and robots, but managing money still needs the human touch
A glance back at some of the important ups and down Indian Inc faced in 2018.
Internal documents suggest the city may not require a Metro till 2025
'If the RSS should be saluted for choosing such a scholarly statesman to address its highly trained cadre, one must also praise Pranab Da's sagacity for having gracefully accepting the invitation, thus disapproving any ideological apartheid,' says former BJP MP Tarun Vijay.
Besides a great idea, it takes pluck, and some luck, to get going.
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