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Time has come for banks to link loans, deposits to repo rate: RBI Gov Das

Time has come for banks to link loans, deposits to repo rate: RBI Gov...

SBI was to first one to link loans and deposits to the repo rate from May and home loans from July, six other banks...

19 Aug 2019 12:37 PM IST

Credit demand subdued, economy needs stimulus: SBI Chairman

Credit demand subdued, economy needs stimulus: SBI Chairman

Though lack of credit demand exists in the economy, there is no supply-side constraint said SBI Chairman Rajnish Kumar.

18 Aug 2019 5:46 PM IST

FinMin asks PSBs to seek ideas from branches to streamline banking sector

FinMin asks PSBs to seek ideas from branches to streamline banking...

The campaign comes at a time when the economy is facing headwind and it has slowed to a 5-year low of 6.8 per cent.

17 Aug 2019 11:15 AM IST

Goldman Sachs expects Patel to continue the process and adhere to the March 2017 deadline set by Rajan.

Weak investment, muted monetary transmission challenges for Indian...

India-'s GDP growth increased from an average of 6.7 per cent during 2010 to 2014 to 7.3 per cent during 2015 to 2019.

16 Aug 2019 1:32 PM IST

Yield inversion coming to Asia as growth woes spread

Yield inversion coming to Asia as growth woes spread

Yields in some Asian markets are tracking the slide in their US and UK peers as investors take stock of the damage...

16 Aug 2019 2:21 AM IST

Tourism players say time to walk the talk

Tourism players say time to walk the talk

According to the UN World Tourism Organisation-'s predictions, 50 million Indians will travel overseas in 2019, up from...

16 Aug 2019 2:02 AM IST

Modi reviews state of economy with Sitharaman, FinMin officials

Modi reviews state of economy with Sitharaman, FinMin officials

There are expectations that the government would come out with sector-specific stimulus sometime soon.

15 Aug 2019 5:15 PM IST

Modi says will invest Rs 100 lakh cr in infra, USD 5 trn economy target achievable

Modi says will invest Rs 100 lakh cr in infra, USD 5 trn economy...

India was ranked 142nd among 190 nations when the Narendra Modi-'s government took office in 2014.

15 Aug 2019 9:27 AM IST

Inflation slows as economy falters

Inflation slows as economy falters

Manufacturing inflation, which contributes around 64 per cent to the Wholesale Price Index, rose just 0.34 per cent in...

15 Aug 2019 2:14 AM IST

$Jalan panel finalises report; suggests transfer of RBI\s surplus in tranches$ Business

Jalan panel finalises report; suggests transfer of RBI-'s surplus in...

As per various estimates, the RBI has over Rs 9 lakh crore of surplus capital with it.

14 Aug 2019 5:20 PM IST

Wholesale inflation in July falls to multi-year low of 1.08 per cent

Wholesale inflation in July falls to multi-year low of 1.08 per cent

Inflation based on Wholesale Price Index (WPI) was at 2.02 per cent in June this year and 5.27 per cent in July 2018.

14 Aug 2019 12:35 PM IST

Hybrid instruments include optionally convertible or partially convertible debentures, Foreign Currency Convertible Bonds - which are intrinsically debt-instruments.

India-'s bond rally fizzles on government spending fears

Indian banks have been reluctant to fully pass on the benefit of the policy rate cuts to their borrowers.

14 Aug 2019 12:20 PM IST