In its mid-term review of Annual Policy for FY07, RBI said that this relates to standardised approach for credit risk and the basic indicator approach for operation risk under Basel II.
SBI blamed poor coal prices for the decision to turn down the loan request.
The Reserve Bank of India is expected to come out with comprehensive guidelines on the non-banking finance companies that are not involved in taking public deposits.
The court on September 3 asked the SIT to submit its fresh report.
Sentiment remains broadly supported on strong foreign buying in Indian markets, especially in debt.
Raising the issue during Zero Hour, Professor Vijay Kumar Malhotra (Bharatiya Janata Party) also wanted the government to make public the report of the Enforcement Directorate on the alleged receipt of payment.
The private IndusInd Bank plans to enter into strategic tie-ups with foreign banks in the US, UK and South East Asia for its expansion plans.
The Governor had submitted his report to the Public Accounts Committee and put the blame on 'overall economic downturn'
There is a dearth of talent in the Indian banking industry. A testimony to this is the two new CEOs in the private sector -- Sandeep Bakhshi in ICICI Bank Ltd and Amitabh Chaudhry in AXIS Bank Ltd -- have come from the insurance sector, says Tamal Bandyopadhyay.
With his strong views on Bharatiya economics, his appointment to the RBI board may well presage interesting times, says Archis Mohan.
Robust capital inflows alongside a slightly weaker greenback too reinforced the dominance of the home currency
In Singapore, oil prices eased in Asian trade today on a mixed US inventory report indicating tepid demand, while expectations of a return of Libyan supplies also weighed, analysts said.
SBI said the crisis in Grece would have little impact on the bank.
Finance firms in these SEZs likely to get tax breaks.
About Rs 1,282 crore has been levied as tax in 159 cases pertaining to concealment of tax due to the government
2013 foreign currency non-resident deposits to mature in Sep-Nov
Currently, the West Asian banking group has three branches - in Mumbai, Hyderabad and Kochi.
By virtue of its position as a global repository of international financial expertise
Foreign banking major Standard Chartered Bank has tied up with Oriental Bank of Commerce for providing agency trade services to Indian importers.
Top corporates have paid more advance tax in second quarter this year.
According to bond dealers, the spike in CD issuance could indicate that liquidity won't remain as comfortable by the end of the financial year (March 31) as it now is.
Tamal Bandyopadhyay offers some unsolicited advice for a government wh,ich came to power, with brute majority and the nation's pragmatic chief money man.
There's surplus liquidity and RBI, with plentiful forex reserves, is ready to pump whatever extra is needed
StanChart India CEO Zarin Daruwala is building a culture of 'celebrating liabilities,' the tough negotiator tells Niraj Bhatt and Anup Roy over lunch.
India has been assigned the lowest investment grade rating with a high risk profile by various global agencies.
Poor governance, constant interference of promoters, opposition from unions and talks of being an acquisition target seen as main deterrents.
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