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......
Amid a debate on the basis of a monetary policy stance, one may be curious enough to know how non-food retail inflation has behaved over the years in India. Illustration: Uttam Ghosh/Rediff.com......
Public-sector banks, including Canara Bank and Bank of India, are tapping the infrastructure bond market. Illustration: Uttam Ghosh/Rediff.com Canara Bank on Tuesday raised Rs 10,000 crore at a......
For over a decade, HDFC Bank consistently outperformed industry growth rates in both deposits and advances, maintaining impeccable asset quality. IMAGE: Sashidhar Jagdishan, managing director and......
State Bank of India chairman Dinesh Kumar Khara has pitched for tax relief on interest income, saying it would help banks to garner savings that could be used for funding long-term infra projects.......