Within hours of rate cut announced by RBI, United Bank has reduced the benchmark lending rate by 0.25 per cent, while other banks including market leader SBI have indicated that they would follow suit.
Women dominate Indian banks's clerical and officer rolls, but few make it to the executive office these days, notes Tamal Bandyopadhyay.
Independent directors were supposed to safeguard the interest of all stakeholders.
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Business leaders met Manmohan Singh to discuss the problems facing the country.
SBI Chairperson Arundhati Bhattacharya said any rate cut by the bank would depend on a lot many factors.
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The minister, who will also be meeting foreign institutional investors whose money is key to funding CAD in the afternoon, did not speak to reporters waiting outside.
Issues related with intellectual property rights, including piracy of films and software, figured prominently during the India-US CEO Forum in New Delhi attended by Prime Minister Narendra Modi and US President Barack Obama.
The central bank tweaked the retail inflation range to 4.8-4.9 per cent in the first half of 2018-19, and 4.7 per cent in the second half.
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.
Sharma would be 60 in November 2018, and would have completed 10 years as Axis Bank's CEO the following year in June.
Industry asked the government to be 'brave and bold' and said that it will rise to the occasion.
'For the next three months or so, the market will go down.' 'Traders do not have Rs 100 notes.'
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.
CEOs of leading banks say third straight rate hike by RBI inevitable, though not desirable.
Experts say the move will make matters worse for buyers, reports Karan Choudhury.
There's a long way to go before human beings are replaced by machines -- in banks at least.
'The government should refrain from 'adventurism' and 'megalomania'.' 'But this should be true of reckless government action against every Indian, whether or not they are wealthy or have access to the finance minister even when he is in hospital,' says Aakar Patel.
Banks are clear that lending rates are not going to fall further, say Hamsini Karthik and Anup Roy.
Tax sleuths have detected over Rs 52 crore of unexplained cash in jewellers' bank accounts
Move comes after the country's monetary authority tightened credit norms
After sight-seeing the Taj Mahal in Agra and the Sabarmati Ashram in Ahmedabad, Canadian Prime Minister Justin Trudeau got down to work in Mumbai. He, along with his wife Sophie Gregoire Trudeau and three kids -- daughter Ella Grace and sons Hadrien and Xavier - arrived in the country's financial capital on Monday night. Here are snapshots from Day 3 of their visit.
Slow credit off-take to put pressure on margins
Audi's strategy seems to point to pushing technology to directly connect with consumers using digital platforms and marketing to synchromesh into one seamless experience, says Pavan Lall.
'The book captures Rana Kapoor's hunger for real estate leading to bungalows in Delhi, Mumbai, London and other cities; the multiple companies -- over 100 -- to fund his family's various ventures; the attempt to game the system by showing lower non-performing assets,' notes Joydeep Ghosh.
Blind spots of the company were two-fold - managing cash flow and investments to upgrade technology and continue research and development.
Bankers and economists agree rates will soften, though the quantum would depend on banks' asset-liability profile
Market leaders in this line of business - New India Assurance and Tata AIG - have begun to reassess the premium on risk exposure of their portfolio in the director's and officer's liability business.
ICICI bank waives ATM charges.
A glance back at some of the important ups and down Indian Inc faced in 2018.
YES Bank raises base rate; HDFC Bank, Axis hike deposit rates.
As a result, the forecast of eight per cent retail inflation by January next year looks achievable.
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The Tata Group says it is bullish on investment in India.
Lending rates in certain segments may be increased; fixed depositors may lock into existing rates.
Banks might hold on to lending rates for the time being.
ICICI Bank, HDFC Bank and Axis Bank reported healthy loan growth and asset quality.
Prime Minister Narendra Modi on Thursday launched the ambitious 'Make in India' campaign to make India a global manufacturing hub, create jobs and boost economic growth.
The 30-share Sensex is up 253 points at 29,263 and the 50-share Nifty has gained 68 points at 8,829.
The meeting will focus on how to make the crisis an opportunity for India.
The Confederation of Indian Industry will organise a round table on investment.
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
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