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Sushil Muhnot

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  • Business

Online purchases: Bankers hail RBI move

Reserve Bank of India's move to make additional authentication mandatory for credit/debit card online purchases from August 1 is expected to effectively check card-related frauds, bankers said on......

IDBI plans commodity foray

The financial major is planning to set up a separate subsidiary for its commodity market operations for which it had applied to the Reserve Bank of India. A proposal by IDBI along with other banks......

Macro-economic indicators favour rate cut by RBI: Bankers

With inflation under control, bankers believe that macroeconomic indicators are conducive for a further rate cut of 0.25 per cent by RBI on Tuesday, even as some expect the central bank to maintain......

'Entire banking community backs Bank of Maharashtra'

Bankers have decided to fight back against 'arbitrary arrests' and 'harassment' by probe agencies.Anup Roy and Advait Rao Palepu report. Bankers have decided to unite and fight back against......

RBI may cut interest rate by up to 0.5% to propel growth

Bankers said high interest rate could make Indian economy sluggish given that inflation is around 5% With inflation under check and government sticking to its fiscal consolidation path, market......

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