The cost of deposits is on the rise, but banks can't raise interest rate on close to 60% of their loan books, points out Tamal Bandyopadhyay. Illustration: Uttam Ghosh/Rediff.com The earnings......
Shifting to floating rate deposits can work as an anaesthetic gel for some customers, points out Tamal Bandyopadhyay. IMAGE: The scene inside a bank. Kindly note the image has been posted only for......
The company will raise $1.8 billion for the under construction and contracted portfolio of 12 GW, which includes the country’s first manufacturing-linked solar power plant of 8 GW. IMAGE:......
The debate on the merits or otherwise of external benchmarks also does not answer a fundamental question raised by Viral Acharya, the former deputy governor of RBI: “The issue is - who should......
The bank will give 3.25 per cent interest on savings bank deposits with a balance exceeding Rs 100,000. At present, the interest rate is 3.5 per cent. Savings bank account holders in SBI having......