RBI to review foreign investment limit in govt bonds: Rajan

RBI to review foreign investment limit in govt bonds: Rajan

Rajan says he expects the allocation available for foreign investors in govt bonds to increase as short-term debt matures
ICBC, Japan’s megabanks win approval for banking in Myanmar

ICBC, Japan’s megabanks win approval for banking in Myanmar

Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group, Mizuho Financial Group among 9 banks that received preliminary approvals
SBI cuts short-term deposit rates to 6%

SBI cuts short-term deposit rates to 6%

SBI reduced rates offered on short-term deposits below Rs1 crore to 6% from 7% for a maturity of 7 to 45 days
SBI cuts rates on short-term retail deposits

SBI cuts rates on short-term retail deposits

SBI reduced rates offered on short-term deposits below Rs1 crore to 6% from 7% for a maturity of 7 to 45 days
Are toilets and savings accounts connected? Ask an Indian banker

Are toilets and savings accounts connected? Ask an Indian banker

State-owned banks are being called on to do both, threatening to erode profits and add expenditures at firms saddled with non-performing loans
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Ben S. Bernanke, Henry M. Paulson and Timothy F. Geithner have argued that Lehman was in such a deep hole from its risky real estate investments that Fed didn’t have legal authority to rescue it
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Rajan left interest rates unchanged for a fourth straight meeting
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Banks also asked not to seek fresh documents if an existing KYC compliant customer desires to open another account
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