Given the relevance of bank deposits for Indian savers, whether the regulator would permit linking savings interest rate to a repo-like structure needs to be seen, as a move of this nature could increase volatility in savings also.
He received the honour from Diaz Ayuso, the President of the Community of Madrid.
Investigators are looking at whether members of Maradona's medical team did not adequately treat the former soccer star, who played for teams around the world including Napoli, Barcelona and Boca Juniors.
If the earnings in the first quarter of the current financial year are an indication, most banks, particularly those majority-owned by the government, have fared well, reveals Tamal Bandyopadhyay.
Axis Bank's acquisition of Citibank's consumer finance business for Rs 12,325 crore - the second biggest deal in the Indian banking sector - is seen as a good deal at a good price. The acquisition enables Axis Bank to close the gap with competition in some key segments such as credit cards. At the same time, there are some key issues that are crucial for the deal's success, apart from the fact that it will take some time for Axis to reap the full harvest of its investment.
Bajaj Finance was the top laggard in the Sensex pack, plunging around 6 per cent, followed by IndusInd Bank, SBI, M&M, Axis Bank, Bajaj Auto and ICICI Bank. NSE Nifty sank 229.55 points to 14,637.80.
While the overall loan disbursements stood strong at 15 per cent YoY in Q2, pockets such as vehicle finance, loans to NBFCs, and business banking showed some weakness. A continued fall in these numbers may make it tough for AU SFB to defend its valuations under the current circumstances.
The reason why private banks will play the deposit pricing game strategically is the weakening of banks' deposits base given the competition from MFs and insurance companies due to tax-savings schemes.
Despite a shaky Q3, conviction over the stock remained high, with 65 per cent of the analysts polled on Bloomberg retaining their 'buy' recommendation.
Paying for facilities like issuance of demand drafts, cheque books, credit or debit cards and ATM interchange may soon become passe as public sector lender IDBI Bank on Wednesday waived-off all service charges on current and savings accounts (CASA), the first by any bank.
A balance transfer to another lender entails substantial cost and time.
Analysts say loan growth, Casa ratio and exposure to sectors under pressure did not indicate any stress at United Bank.
Para-athlete Anandan Gunasekaran clinched his third gold and javelin thrower Shivpal Singh added another for the country as India continued their fine showing at the ongoing 7th CISM World Military Games, in Wuhan, China, on Thursday.
A large part of the accretion to fixed deposits till March 16, 2007 was on account of a flight of funds from the low-cost CASA.
The actor graced the March 2018 cover of Man's World.
Dance parties, fireworks and high-fiving strangers were some of the scenes that America witnessed after media organisations declared that former United States Vice President Joe Biden beat President Donald Trump.
During the ancient Olympic Games, athletes who emerged victorious were awarded 'Kotinos' or olive wreaths
We present images from around the world of giant holes caused by heavy rains, earthquakes and mining.
We go down to the sets of the star's new film, Jackpot, in Goa and find out.
The festival of San Fermin, or the Pamplona bull running as it is more commonly known outside Spain officially begins at midday on July 6 every year with the 'chupinazo', which takes place on the balcony of the Casa Consistorial in Pamplona.
The festival of San Fermin, or the Pamplona bull running as it is more commonly known outside Spain officially begins at midday on July 6 every year with the 'chupinazo', which takes place on the balcony of the Casa Consistorial in Pamplona.
Higher returns, more liquidity draw individual investors to savings accounts.
The Barcelona legend showed his support following the end of the World Health Worker Week, which concluded on Saturday.
Despite the massive outbreak of the Zika virus in Brazil, the country's annual carnival roared ahead with ravellers jumping, dancing and singing on the streets of Rio de Janeiro, Sao Paulo and other cities. Here are some vibrant scenes from the event.
In January 2017, the growth in total premium was Rs 13,138 crore, against Rs 10,284 crore in January 2016, a growth of 28 per cent.
Bank credit growth declined to 8.5 per cent in January from 13.5 per cent in the year-ago period.
Venezuela President Hugo Chavez's government has literally opened its doors to the homeless -- and scores of them have taken residence in the architecturally prized 'Casa Amarilla', a former presidential home and now Foreign Ministry headquarters.
'We commission more from here than anywhere else.'
Mohammad Rafi's first-half strike saved India the blushes as they eked out a narrow 1-0 win over Portuguese football club Real Massama in their second practice match in Lisbon.
Freebies do not seem to have attracted many buyers, as both property prices and lending rates continue to remain high.
Why are investors gung-ho about State Bank? asks Tamal Bandyopadhyay.
The foreign lender's profit after tax was Rs 2,960 crore
We are clearly focused on increasing our loan book in segments such as auto loans, home loans, commercial vehicles finance and corporate loans, says Chanda Kochhar.
The banking sector and particularly the banks in India, is probably the one industry that has not only managed to survive the economic slowdown but even thrive during these hard times. But how? Increased CASA deposits!
With a balance sheet size of Rs 22,000 crore (Rs 220 billion), we are a meaningful player in our home country, says Rana Kapoor.
Italy coach Antonio Conte summoned help from astronaut Luca Parmitano to inspire his players ahead of Friday's Euro 2016 game against Sweden in Toulouse.
The coming years could be exciting for Bandhan Bank, IDBI Bank, IDFC First Bank, Federal Bank, and CSB Bank.
Maradona was a uniquely gifted player who rose from the tough streets of Buenos Aires to reach the pinnacle of his sport.
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