With the inflation measured by the wholesale price index ruling close to zero, real interest rates have shot up to around 12 per cent, as against around 4.5 per cent a year ago, prompting bankers......
The government has once again tweaked the rules for selection of public sector banks chiefs. Now, candidates with at least 18 months of residual service will qualify. The move came after the Prime......
M V Tanksale of Punjab National Bank may head Punjab & Sind Bank and R M Malla of the Small Industries Development Bank of India may take charge at IDBI Bank if the Central Vigilance Commission and......
With short-term rates rising due to a scramble for funds to meet year-end targets, companies are dictating terms on the tenure of deposits."Companies are looking for longer maturities, typically......
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......