Banks continue to get hammered as the RBI policy changes take short term rates to over 11%. Those who depend largely on wholesale funding, like Yes Bank and ...
Investors in Bank Stocks must be feeling horrible as the Bank Nifty dropped 4.8% on the news that RBI will effectively raise rates. Stocks like IndusInd and ...
RBI has announced draft guidelines for higher provisioning requirements while lending to corporates with “unhedged foreign currency exposure”. A quick ...
Since RBI introduced the base rate in 2010, Banks are not allowed to lend below that rate. Take a look at how banks have moved their rates in response to RBI ...
Banking Statistics often throw up interesting statistics. Going through the latest "Quarterly Statistics of Credit and Deposits” provided by the RBI ...
RBI has introduced new regulations on Feb 28, 2013 that mandate changes to all credit and debit cards issued by Indian banks. All these are applicable from Jun ...
Two people in my family received a registered post from Citibank when we weren’t around; and knowing Citibank I was sure something bad was going on, so we ...
Repo overnight borrowing is now nearly Rs. 2 trillion (200,000 cr.), which is 3% of “Net Demand and Time Liabilities” (which at last note was about 64 ...
The Reserve Bank of India has cut the Cash Reserve Ratio (CRR) by 0.75% to bring it down to 4.75%. This, I think, is the lowest ever. In order to mitigate ...
