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India needs to take more steps to contain inflation, fiscal deficit: IMF
Thu, Sep 18 2014. 11 31 PM

India needs to take more steps to contain inflation, fiscal deficit: IMF

The new govt’s emphasis on continued fiscal consolidation is welcome, but the quality and durability of the consolidation remain of concern
SBI tops mobile banking chart with 50% market share
Thu, Sep 18 2014. 08 43 PM

SBI tops mobile banking chart with 50% market share

SBI, with over 11.5 million registered mobile banking customers, has become the market leader in the segment
Banks hope for second-half revival as credit growth lags
Thu, Sep 18 2014. 12 40 AM

Banks hope for second-half revival as credit growth lags

Bankers pin hopes on govt initiatives to increase infrastructure investments, demand for festive season loans
Creditors look to sell Maheshwar hydel project exposure to ARCs
Thu, Sep 18 2014. 12 37 AM

Creditors look to sell Maheshwar hydel project exposure to ARCs

Central Bank of India has sold its Rs200 crore exposure, while SBI has recently put its exposure up for sale, people familiar with the matter said
RBI eases norms for issuance of equity shares under FDI
Wed, Sep 17 2014. 10 01 PM

RBI eases norms for issuance of equity shares under FDI

RBI allows firms to issue equity shares to resident outside India against any type of fund subject to certain conditions
India bond yields end steady for 2nd straight day; Fed in focus
Wed, Sep 17 2014. 05 29 PM

India bond yields end steady for 2nd straight day; Fed in focus

The benchmark 10-year bond yield ended steady at its previous close of 8.50%
Why Amazon and Uber puzzle Indian lawmakers
Wed, Sep 17 2014. 04 45 PM

Why Amazon and Uber puzzle Indian lawmakers

Innovation always finds itself slammed by legal and bureaucratic action
Lower foreign currency hedging can spell trouble for Indian firms
Wed, Sep 17 2014. 11 25 AM

Lower foreign currency hedging can spell trouble for Indian firms

Deterred by high cost and RBI’s continuing efforts to prop up the rupee, hedging of forex exposures sees a drop
Kingfisher moves HC over wilful default notice from SBI, govt
Wed, Sep 17 2014. 12 16 AM

Kingfisher moves HC over wilful default notice from SBI, govt

Airline says it has asked SBI to disclose all details relied upon in support of the allegations in its notice
RBI to auction govt surplus cash balances, says deputy governor
Tue, Sep 16 2014. 11 03 PM

RBI to auction govt surplus cash balances, says deputy governor

Move to help in providing banks with liquidity, allow government to earn interest on surplus cash kept with it

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