May 29, 2015 at 22:11 | Source: CNBC
The Reserve Bank of India will meet on Tuesday amid growing expectations the central bank will cut rates for the third time this year, with expectations it will trim 25 basis points off the repo rate to 7.25 percent.
May 28, 2015 at 18:31 | Source: CNBC-TV18
Experts blame this on the failure to revive stalled infrastructure projects. It's these projects that have been the worst loan defaulters, and unfortunately, infrastructure is the sector banks have the highest exposure to.
May 27, 2015 at 10:24 | Source: PTI
Two years post the currency crisis of 2013 and one year into the tenure of Prime Minister Narendra Modi's government, moderation in inflation, external account vulnerability and the central government's fiscal deficit have bolstered the Indian economy's ability to withstand bouts of global volatility and fluctuation in investor sentiment, it said.
May 26, 2015 at 21:44 | Source: CNBC-TV18
On the road ahead, Damani says the next trigger will be the central banks easing of policy rates. He believes even if the RBI cuts rates by 25 basis points (bps), it would cheer the Dalal Street immensely.
May 26, 2015 at 17:30 | Source: Moneycontrol.com
New legal framework suggested by the Reserve Bank of India, which will soon get operational, will allow banks to track loan accounts that are likely to default. It also allows setting up of central Fraud Registry
May 25, 2015 at 08:00 | Source: Moneycontrol.com
Indian equities are expected to start trade on a flat note this morning, even as markets may react to comments from US Fed chair Janet Yellen who said on Friday a US rate hike was likely this year if the US economy continues to improve.
May 21, 2015 at 10:11 | Source: Moneycontrol.com
LIC has been buying stakes in PSU banks through private placements to help then raise capital as few other investors were willing to put money given asset quality concerns.
May 20, 2015 at 08:02 | Source: Reuters
Gold struggled near its lowest in a week on Wednesday, holding steep overnight losses triggered by a stronger dollar and stock market, with traders now waiting for minutes of the Federal Reserve's last policy meet for clues on the US rate outlook.
May 19, 2015 at 19:08 | Source: CNBC-TV18
After rolling out guidelines for Bharat Bill Payment System (BBPS), a central host for payment gateway services in the country, the Reserve Bank of India is expected to start the process of inviting applications from interested parties.
May 19, 2015 at 10:56 | Source: Reuters
Indian bonds edged higher on Tuesday after the central bank skipped the announcement of a debt sale for the week on Monday, easing concerns about supply somewhat but sparking speculation it was on account of the government's high cash position.