Foreign Currency Non Resident (fcnr)

The RBI in December announced an increase in the interest rate ceiling on FCNR- B deposits with maturities of 1 to 3 years and 3 to 5 years

Continue to see extreme liquidity tightness: SBI head

State Bank of India chairman Pratip Chaudhuri, expects SBI‘s net interest margins to be in the range of 3.55-3.60 percent. He said he has recommended to the RBI that it reduce Cash Reserve Ratio by 1 percentage point.

FinMin says it's business as usual after US Fed decision

The government has taken steps to revive investments and promote exports and manufacturing as it battles slowing economic growth and seeks to contain the fiscal and current account deficits.

Dena Bank eyes 15-16% growth in FY14; sees NIM at 2.75-3%

On credit growth side Dena Bank is targeting a growth of around 15-16 percent for FY14. They would mainly focus on retail and small medium enterprise (SME) lending to achieve this growth.