The Reserve Bank of India (RBI) has asked banks to strengthen rupee export credit and lower interest rates for those borrowers, in the pre-monetary policy deliberations with the chief executives of......
The government is set to appoint Arundhati Bhattacharya as one of the managing directors of State Bank of India. Bhattacharya, who is the managing director and chief executive officer of SBI......
Faced with higher defaults, banks have become more cautious on non-investment-grade corporate loans. They have started pushing more corporate loan accounts to enter into consortium lending......
Ahead of the festive season, a sluggish credit growth, coupled with high cost of funds, has prompted public sector banks to look at selectively reducing interest rates on certain portfolios,......
It's certainly not a good time to be a banker, says the chief executive of a private sector bank.While he claims the bank is comfortable with the quality of loans it disbursed to stressed sectors,......