None of the four benchmarks suggested by the RBI is ideal as banks in India create loan assets from their deposits and not borrowings from the regulator or the market, says Tamal Bandyopadhyay.......
Since most Indian firms have kept their forex exposure unhedged, credit profile of companies in the highly sensitive sectors such as oil & gas, metal & mining, airlines could weaken substantially,......
The $5.7 billion total includes $1.6 billion in fines separately imposed by the US Federal Reserve on the five banks. Five of the world's largest banks, including JPMorgan Chase & Co and Citigroup......
Foreign institutional investors bought debt instruments worth a little over $10.5 billion in 2014, beating the previous high of $10.13 billion in 2010. There was a sell-off last year, as FIIs......
As in 2008, the latest effort of the RBI will have a temporary and limited impact on the exchange rate. Eventually the fundamental factors of fiscal and current account deficits will determine its......
US tycoon Malcolm Glazer plans to delist Manchester United Plc as early as June 22 as part of his 790 million pound ($1.5 billion) takeover of the British soccer giants, his bankers said on......