Banks turn to CD issuances in September amid sluggish deposit growth

Facing sluggish deposit growth, banks turned to issuing certificates of deposit (CDs) in September to mobilise funds. Illustration: Uttam Ghosh/Rediff.com Banks have issued Rs 1.35 trillion worth......

'NIM To See Increase After Couple Of Quarters'

'There has been a change in the advances mix, with the share of corporate loans decreasing.' Photograph: Mahipal Soni/Rediff.com R Subramaniakumar, managing director and CEO of RBL Bank, outlines......

Treasury gains help ICICI Bank post 10% rise in Q1 profit

Treasury gains helped ICICI Bank post a nearly 10 per cent increase in the consolidated net profit for the April-June quarter at Rs 11,696 crore on Saturday. Photograph: Francis......

RBI proposes to tighten banks' LCR norms, releases draft guidelines

In view of the rising number of mobile and internet banking users, the Reserve Bank of India (RBI) has proposed to tighten norms related to the liquidity coverage ratio (LCR) by increasing the......