Payment banks and its possible impact on the financial sector!
The Indian financial and banking sector is all set to undergo a big change in the near future as the Reserve Bank of India is finalizing norms and regulations to introduce small and payment banks in...
View ArticleRBI relaxes norms on using other bank ATMs!
The Reserve Bank of India has issued new guidelines for ATM usage charges for residents living in six metropolitan cities while using ATM’s of different bank located in non metro centers. If you are...
View ArticleRBI’s inflation target likely to be met much before January 2016 deadline!
There is no magic wand to remove inflation the RBI governor Raghuram Rajan had once said underlining how inflation was one of the biggest roadblocks in the growth of the Indian economy. The Reserve...
View ArticleSBI cuts short term deposit rates, will other banks follow suit?
Fixed DepositsJust a day after RBI governor Raghuram Rajan announced an unchanged repo rate policy in its bi-monthly monetary policy review, State Bank of India has announced a cut in short term...
View ArticleFourth Bi-Monthly RBI monetary policy review – Expectations!
As the Reserve Bank of India gets ready to announce its fourth bi-monthly monetary policy review on September 30th, speculation about possible rate cut has been on the rise. The opinion of various...
View ArticleRBI might cut repo rate to a 3-year low!!
The May review may see the Repo Rate hitting a three year low, as the apex organization for monetary policies, the RBI, is expected to bring it down for third time in the year The Reserve Bank of...
View ArticleRBI quaterly review and the investor!
Amidst the challenging global environment, the onus is on the government and its policy makers, to keep India in a position that lures investors, both local and foreign. The supreme monetary authority...
View ArticleRBI likely to indulge in further rate cuts!
The supreme monetary authority of India, seems to be shifting its focus to the revival of growth, and is taking steps in the relevant direction. It hasn’t been much time since the first cut of 0.25%...
View ArticleRBI and the repo rate – scope for optimism?
Is the rate slashing mood of the apex organization fusing optimism in the current economic scenario? The Reserve Bank of India (RBI) has cut down the repo rate by 25 bps, which is completely in line...
View ArticleSBI raised €750 million through bond issue
Recent news reports said that State Bank of India has raised €750 million through a five-year bond. Reports say that this is the largest bond issued by an Indian company.The bond will mature on...
View ArticleRBI hikes rates, banks might wait till July 27th
Although easing liquidity is not in sync with the rate hike, RBI has decided to go easy on liquidity because of the temporary liquidity squeeze on account of advance tax outflow and 3G spectrum...
View ArticleIncrease leverage on home loans
Teaser loan schemes are personalized products introduced in the market in order to entice more clients. Although most of the banks have stopped offering teaser loans, SBI and HDFC Bank still offer...
View ArticleRetail lending increases; home loans plunge
The 4th quarter of the fiscal just ended saw a big increase in credit flow which helped banks to fulfill the credit growth estimate laid down by the RBI. The big portion of credit flow in this period...
View ArticleMonetary policy to announce rate hike; car loans may be costlier
The present scenario is indicates that restraint of inflation is the need of the hour, far more crucial than economic recovery. This is believed to be the RBI’s chief idea when announcing the monetary...
View ArticleDeutsche Bank starts retail operations in Ludhiana; offers banking solutions...
Deutsche Bank AG has said that it would be commencing its retail operations in Ludhiana. The bank had just started its branch in Moradabad on 10th April 2010. With this the total number of branches of...
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