RBI asks banks to review minimum lending rate every quarter

The Reserve Bank on Monday asked banks to notify the base rate, or the minimum lending rate, at least once in every three months based on cost of funds, a move seen as a nudge to lenders to pass on......

More banks to hike interest rates

Borrowers haven't heard the last of interest rate hikes, as more banks are preparing to raise lending rates in the days ahead to offset increase in their cost of funds.With leading lenders like......

'Our objective is to keep improving Casa ratio'

'The Casa ratio is at 33.4 per cent, which has to keep improving. Right now, there is a bit of liquidity pressure in the market.' Bandhan Bank posted a 47 per cent jump in net profit in the first......

IL&FS and Rs 13,000-cr worth of fishy deals

A report has identified 29 instances where it appears that the loans disbursed to borrowers were in turn utilised by their group companies to repay the existing debt obligations with IL&FS......