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SBI Chairman in the last year's banking conclave had started a debate by seeking to abolish cash reserve ratio to enhance liquidity in the banking sector for more productive use.
Unless RBI temporarily relaxes the norms on recognising of bad loans, the pressure on this front could rise in the December quarter.
RBI is closely monitoring monsoon.
RBI Governor Raghuram Rajan expressed anguish at the banks' reluctance to pass on benefits of the earlier rate cuts.
The American brokerage firm said it expects the rate cut to happen only in December if the monsoons normalise to cool down inflation or early 2015 in case prices rise prolongs.
RBI's status quo on rates disappoints economists.
SBI Chairperson Arundhati Bhattacharya said any rate cut by the bank would depend on a lot many factors.
India is currently considering two corridors for high speed trains.
20 new industrial clusters will be developed in 2014-15.
Most say a rate cut could come in RBI's June policy.
Expressing disappointment over RBI's decision to hike the key policy rate, real estate developers said this would lead to increase in finance cost and also affect housing demand during the festive season.
The bank lost out on fairly meaningful quantum of fees from point of sale terminals and ATM usage during the demonetisation exercise.
According to fund managers, expectations of a 25-basis-point increase in the cash reserve ratio of banks have heightened in the wake of RBI's surprise twin moves to make short-term money dearer as part of its attempts to curb the rupee's volatility.
This development can strengthen the case for interest rate cut by the RBI.
No stock on BSE Sensex ended in red while only 3 stocks in the broader Nifty50 index settled the day negative
Sensex sinks into red at close on growth concerns.
In case the repo rate keeps trending downwards, borrowers can expect a downward revision of their MCLR-linked loans.
Amit Jaiswal, head of academics, MockBank.com shares expert advice with our young aspirants.
Focus to be on unbanked areas; initial capital is set at Rs 100 crore; India Post can apply.
The S&P BSE Sensex shed 286 points to close at 24,539 and the Nifty50 lost 100 points to end at 7,456.
As the bull-run in Dalal Street gathers pace, people keen on riding it are looking to arm themselves with new tools and techniques.
The theory that all banned notes will come back into the system may not be true. Anup Roy finds out.
RBI has taken a balanced approach in the credit policy considering various developments across the globe and their near term impact.
In putting the country's economy back on the rails, it is best that Narendra Modi and Arun Jaitley draw on grass-roots feedback and their own practical sense and native wisdom without allowing themselves to be sucked into the quicksand of economic punditry, says B S Raghavan.
Financials ended mixed despite the status-quo on key rates by the RBI. SBI, ICICI Bank and Axis Bank ended up 0.4-2.5% each.
The Finance Ministry has sought comments from stakeholders.
The 30-share Sensex ended up 12 points at 28,517 while the 50-share Nifty ended nearly unchanged at 8,660.
'The overall stress on asset quality is indeed coming down.'
The shares could continue to see outperformance if the Budget assumptions are proved correct
BSE Sensex ended at 25,549.72 up by 321 points or 1.27% and the Nifty ended 7624.40 up by 97.75 points or 1.30%.
The 30-share Sensex jumped 729 points to end at 28,076 and the 50-share Nifty soared 217 points to end at 8,494.
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BSE auto index surged 2%, capital goods, healthcare and oil & gas indices also up.
Auto and realty shares were among the top Sensex gainers.
'The recent US jobs report has eased fears of a hike in the Fed meeting.'
Rajan drew attention towards the Nachiket Mor committee on PSL and said that the RBI is trying to make the entire process more effective.
'The Reserve Bank's independence has remained a work in progress, an enduring challenge that the nation has been grappling with on an ongoing basis,' says RBI Deputy Governor Dr Viral Acharya.
The year 2014-15 could well go as one of long-pending financial sector reforms, expected to have a lasting impact.
Shares of rate sensitive sectors such as realty, infrastructure, banking and automobiles ended higher ahead of the Reserve Bank of India (RBI) mid-quarter policy review on June 17.
The cutback on export credit refinance facility is another step towards a shift away from sector-specific liquidity allocations.
Banks in India must have a modern approach, suggests a panel comprising of banking bigwigs.
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