HDFC Bank, the country's second-largest private sector bank, has cut its base rate by 15 basis points (bps) to 9.70 per cent.
Vijay Mallya left India on March 2, presumably for London.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
There's a long way to go before human beings are replaced by machines -- in banks at least.
The consortium led by SBI has also initiated the process of recovery.
Rajneesh Gupta profiles the cricketers playing the World Cup 2019.
Tag for defaults on nearly Rs 7,000 cr loans to long-grounded Kingfisher Airlines
The high court remained unconvinced by Mallya's claim that he has been a non-resident Indian since 1988 and has lived in England since 1992, a country where he has indefinite leave to remain
As the country readies to go to polls on July 25, one can't deny the role of the military, but there are other factors too.
The finance minister has said that United Bank has managed to reduce its non-performing assets.
Monetary transmission has been an issue for the Indian banking sector.
In the shock after Nathuram Godse murdered Mahatma Gandhi that January evening 72 years ago today, a young American diplomat rushed to capture the assassin. Vaihayasi Pande Daniel traces the memorable life of Herbert Reiner, who History has sadly relegated to a footnote.
'Offensive operations to capture objectives across the LoC to eliminate terrorist launch pads and deny the use of the most dangerous routes of infiltration, are likely to be limited to brigade-level attacks.' 'These limited operations are unlikely to escalate to war across the international boundary,' says Brigadier Gurmeet Kanwal (retd).
'Though not religious in everyday life, his Hindu-Indian identity was an irrevocable influence on his writings,' observes Vivek Gumaste.
Operation Radd-ul-Fasaad launched to fight terrorism across country.
Banks are seeking an order that Mallya should appear in person before the court.
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Bank stocks have underperformed in the second quarter of FY'14 with the BSE Bankex declining 18 per cent compared to fall of 1 per cent in the BSE 30-stock index, Sensex, during this period.
The Central Bureau of Investigation has started a preliminary enquiry looking into the Rs 950 crore (Rs 9.5 billion) alleged bad loan given by IDBI Bank to Kingfisher Airlines ignoring the company's negative credit ratings and net worth.
United Progressive Alliance-led government proposed lenders as insurance brokers; new FM not too keen, say insurers.
Vijay Mallya on Wednesday gave a proposal to the Supreme Court to repay around Rs 4,000 crore (Rs 40 billion) loan to banks by September this year.
SBI leads a 17-member consortium of lenders that is trying to recover dues running into over Rs 7,500 crore (Rs 75 billion) in principal alone from Kingfisher Airlines.
Sensex may remain under pressure this week due to weak global factors.
'China's growing nexus with Pakistan and the two countries' unresolved territorial disputes with India continue to pose a formidable national security threat to India,' says Brigadier Gurmeet Kanwal (retd).
'Amitji called me after he watched the film and spoke for half an hour.' 'He said, "According to me, this is your best performance till date".' '"I feel like seeing the film two-three times just to watch your important scenes".' 'I was really thrilled.'
'There is a vast difference in pedigree of Virat and Akmal.'
For the first time, PSU banks will have a non-executive chairman, giving operational responsibility to managing director and chief executive officer.
Weak monsoon forecast rekindled fears of higher inflation.
The recent postings and promotions of three-star generals in the Pakistan Army have propelled some of former chief Ashfaq Parvez Kayani's favourites to traditionally important positions
Air Vice Marshal Arjun Subramaniam lists the major operational takeaways from the 1971 War in his new book 'India's Wars, A Military History, 1947-1971'.
'The Pakistanis were lulled adequately to provide one of the fundamental prerequisites for successful execution of such an option: Surprise.' 'The other requisite: Deception in terms of selection of areas for launch/time of offensive action,' explains Brigadier S K Chatterji (retd).
YES Bank raises base rate; HDFC Bank, Axis hike deposit rates.
How much do you know about Shah Jahan, Mumtaz Mahal and the Taj Mahal?
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With new private banks in the play, the going could become more difficult for the old-school state-run banks, already losing business and market position, forcing them to think hard towards consolidating and forming larger entities to garner big-ticket deals.
'It is important to destroy, to undermine, to debunk the narrative of ISIS,' Olivier Roy -- one of the world's leading experts on radical Islam -- tells Rediff.com's Vaihayasi Pande Daniel in an exclusive interview.
India's five leading wilful defaulters are Winsome Diamonds & Jewellery Ltd and associate Forever Precious Jewellery & Diamonds, Zoom Developers, Kingfisher Airlines, Beta Naphthol and Raza Textiles
'New Delhi feels that given the internal dynamics in Pakistan and the overwhelming powers wielded by the army, one will have to wait for better times to see any meaningful progress in the India-Pakistan relationship,' says Ambassador G Parthasarthy.
'India should stop claiming that a united Pakistan is in India's interests.' 'Pakistan's break-up is a necessity for peace and progress in the region,' says Major General Mrinal Suman (retd).
A look at few gurus who have attracted controversy in recent times.
'The creation of Pakistan was integral to Britain's grand strategy.' 'If they were to ever leave India, Britain's military planners had made it clear that they needed to retain a foothold in the NWFP and Baluchistan because that would provide the means to retain control of Iran, Iraq, Kuwait, the UAE, Bahrain and Qatar.'
Rajneesh Gupta gives us a list of noteworthy statistics from first-class and Ranji Trophy
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