Term deposits in HDFC, ICICI bank to now fetch you lower returns

Smaller lender Yes Bank may also join the fray. Two of the biggest private sector lenders ICICI Bank and HDFC Bank have effected a cut of up to 0.50 per cent in term deposit rates following tepid......

RBI status quo on rates, CRR expected: Bankers

Bankers on Thursday said the status quo in the monetary stance of the Reserve Bank is largely on expected lines taken after considering the tight liquidity situation and overall cooling inflation......

Get ready to pay more for loans!

Bankers on Tuesday indicated that the 25 basis point hike in the percentage of cash that banks must hold in reserve was hardly enough to soak up excess liquidity, but some banks may still hike......

Re to remain strong as RBI stays aloof

The rupee is expected to remain unusually stronger for about a month as inflation concerns are likely to keep the Reserve Bank of Indiaaway from the market. The currency has risen 4.8 per cent in......