Zee Group Chairman Subhash Chandra on Monday informed the police that he is prepared to appear before them in connection with the alleged extortion bid by two senior editors of his channel within four days of notice.
State Bank Chairman Pratip Chaudhuri's call last week for abolishing the mandatory cash reserve ratio had attracted a sharp reaction from RBI Deputy Governor K C Chakrabarty. CRR is the amount of deposits that banks park with the RBI as a prudential measure without earning interest on it.
Last year the bank taken everybody by surprise by opting to keep all its branches open on October 2
The SBI chief said the bank was comfortable on the liquidity front.
SBI has over Rs 1,500-crore (Rs 15-billion) of exposure to Kingfisher.
On Saturday, bankers met the KFA management in yet another inconclusive meeting.
Ahead of RBI's monetary policy review, SBI on Monday expressed hope the apex bank will cut interest rates by 0.5 per cent and CRR by up to one per cent to boost sagging growth.
After the Karnataka porngate scandal, two Bharatiya Janata Party Members of Legislative Assembly from Gujarat have now come under the scanner for allegedly watching obscene pictures on a tablet during the assembly proceedings in Gandhingar.
A day after pledging support to the United Progressive Alliance, Samajwadi Party chief Mulayam Singh Yadav on Saturday met Shiromani Akali Dal leader and Punjab Deputy Chief Minister Sukhbir Singh Badal.
Giving its verdict on an appeal by Tata Motors Ltd, a division bench comprising Justices Pinaki Chandra Ghosh and Mrinal Kanti Chaudhury observed that the President's assent had not been taken for the Act and as such it was void and unconstitutional.
Jammu Kashmir Liberation Front chairman Mohammad Yasin Malik has sought to depose before the Special Commission constituted by the Pakistan Supreme Court probing the 'memogate' scandal, after key player Mansoor Ijaz claimed that the separatist leader met a senior Research and Analysis Wing official in Delhi.
SBI last reduced its lending rate in January by cutting it by 0.05 per cent.
It is imperative to invest in real time marketing, even at double speed.
Pratip Chaudhuri, SBI chairman, feels that the airlines should bring the amount to the table.
Reserve Bank's recent policy stance has earned for it praise as well as brickbats.
SBI Chairman Pratip Chaudhuri on Tuesday once again expressed his open disagreement with the RBI on cash reserve ratio (CRR) saying it is a "waste" for the economy and successive interest rate cuts by central bank have failed to contain inflation.
Within hours of RBI slashing the Cash Reserve Ratio (CRR) by 0.25 per cent, State Bank (SBI) on Tuesday hinted at a likely reduction in lending rates soon.
India should declare Hafiz Saeed as a proclaimed and absconding offender in the case and offer a huge reward to anyone who could help in his capture and prosecution before the Mumbai court, says B Raman
According to the annual report of SBI, overall staff strength declined by 7,452 employees during the last fiscal.
The Supreme Court on Wednesday stated that the three-member panel of Vikram Limaye, Amitabh Choudhary and Anirudh Chowdhury will represent the Board of Control for Cricket in India at the International Cricket Council's meeting, starting in Dubai, on Thursday.
State Bank of India Chairman Pratip Chaudhuri again made a strong pitch for a reduction in banks' Cash Reserve Ratio (CRR) at the Reserve Bank's mid-quarter review of monetary policy scheduled September 7.
Reserve Bank of India Governor D Subbarao surely knows how to crack a joke even on as mundane a topic as the cash reserve ratio (CRR).
Worst quarter in a decade, fund crunch, Fitch downgrade and messy NPAs. . . he has had little to cheer about
Soon after unveiling of the Reserve Bank's mid-quarter policy review, country's largest lender State Bank of India on Friday said lending and deposit rates will go up in view of the festive season demand.
From convincing film-makers to do shows for online, to having a slate with some of the best films and shows, Amazon Prime Video has come a long way since it came to India four years ago.
In the interaction that followed the discussion on 'Supporting Our Candidates: Stretching the Indian American Dollar,' former Indian-American Leadership Initiative president Jay Chaudhuri lamented the disconnect between the older and younger Indian-American generations.
A division bench of justices Pinaki Chandra Ghose and Mrinal Kanti Chaudhuri passed the order granting continuation of the stay till disposal of the appeal.
Pakistan President Asif Ali Zardari and the United States have reasons to be gratified by the turn of events in the country with regard to the memogate scandal. B Raman analyses
The entire Khan family makes its way to MAMI.
At present, CRR, the portion of deposits which commercial banks keep with the central bank, stands at 6 per cent.
Chaudhuri Charan Singh was both a politically ambitious man and a man with dear policy proposals. An extract from Paul R Brass's fascinating, new, biography.
The transmission of the last cash reserve ratio cut has also not happened fully because that came in March.
Last month, RBI slashed cash reserve ratio -- the percentage of deposits that banks have to keep with the RBI -- from 5.5 per cent to 4.75 per cent. With this, the central bank had infused Rs 48,000 crore (Rs 480 billion) into the economy.
The pandemic is set to become even more challenging, with migrant workers returning home, relaxations in lockdown rules, and the approaching monsoon. However, states are looking at community participation to ramp up testing and home treatment of patients
Come with full data, put in more equity, get other creditors on board and begin homework for RBI okay: SBI chief.
The new Council of Ministers has representation from almost all the states, except Andhra Pradesh and the north-eastern states of Nagaland, Manipur, Mizoram, Sikkim and Tripura.
A new crop of politicians is redefining the dynamics of politics in Uttar Pradesh. Neerja Chowdhury analyses the mood change in the poll-bound state.
Seeking to downplay the impact of the downgrade by Moody's, the country's largest lender SBI on Wednesday admitted that the action will marginally increase medium term borrowing costs, and said it is a "reminder" to the government to urgently capitalise it.
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