RBI Deputy Governor S S Mundra has asked banks to work towards account number portability as it will be a far-reaching step towards enhancing competition
Month: August 2017
8 cups of tea may boost your mental performance: Study – The Financial Express–01.08.2017
Good news caffeine lovers! A study has revealed that four cups of coffee or eight cups of tea, which is equivalent to 400mg of caffeine,
Why SBI stock rose more than 4 pct on savings rate cut – The Financial Express–01.08.2017
Shares of State Bank of India (SBI) rose 4.58 % on Monday closing the session at Rs 312.80 on the National Stock Exchange (NSE). The
India must guard against external financing vulnerability: IMF report – The Financial Express–01.08.2017
India needs to remain vigilant as greater reliance on debt financing and portfolio inflows could create significant external financing vulnerabilities, a recent IMF report has
Fiscal deficit at 81% of Budget Estimates in June quarter – The Financial Express–01.08.2017
Fiscal deficit in the first quarter of the current fiscal was Rs 4.42 lakh crore or 80.8 per cent of Budget Estimates for 2017-18, much
Are banks ready for Basel soup? Greatest challenge is to extend deadline of Basel III – The Financial Express–01.08.2017
Reserve Bank of India (RBI) on March 2014 extended the deadline for compliance of capital requirements under Basel III norms to March 2019. At that
The 8% growth mirage | Business Standard–01.08.2017
The vice-chairman of the NITI Aayog, Arvind Panagariya, said last week that India was on its way to 8 per cent growth and would likely
Deposit-heavy banks will gain most from SBI’s savings rate cut | Business Standard–01.08.2017
Over 80 per cent of savings accounts are estimated to have deposits of less than Rs 1 crore. Therefore, SBI is clearly headed for an
MPC’s dilemma: Inflation down but pulses could pose a problem | Business Standard–01.08.2017
Headline inflation dipped to 1.5 per cent in June, well below the lower end of the Reserve Bank of India (RBI)’s inflation target of 4
Growth in the time of a credit squeeze | Business Line–01.08.2017
GDP growth figures for the last few years have camouflaged a deceleration in credit growth that has affected all but the retail loans segment quite
SBI’s savings rate cut could nudge others also to trim rates | Business Line–01.08.2017
Weak core performance and sharp cuts in lending rates could see more banks cut savings rates to safeguard margins SBI, which has a savings deposit
Core sector growth dips to 0.4% in June | Business Line–01.08.2017
Slowest pace of growth since February; clamour for rate cut grows Ahead of the meeting of the Monetary Policy Committee on Tuesday, latest official data
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