India
Is RBI unexpectedly hawkish in May policy?
The RBI cut the repo rate by 25 basis points as expected.The unexpected hawkish stance was a shock for most commentators,what with the inflation ebbing and international crude oil prices too coming down below the pschological $100 barrel level.
Is RBI unexpectedly hawkish in May policy?
The RBI cut the repo rate by 25 basis points as expected.The unexpected hawkish stance was a shock for most commentators,what with the inflation ebbing and international crude oil prices too coming down below the pschological $100 barrel level.
Cut in CRR needed to benefit borrowers
Refinancing pressure prevents borrowers from benefiting from government rate cuts.
India launches first Islamic equity index
Provides a new benchmark for Islamic investors.
Indian banks’ retail credit rises 14.5%
Economic slowdown forces banks to push retail loans.
Retail credit will continue to drive Indian bank growth
Demand from the corporate sector will continue to remain weak, however.
India to deposit government cash in commercial banks
Move will add liquidity and make it easier for banks to cut lending rates.
Overseas Indian banks post high credit growth
Growth stood at 27% 2011-12 compared to foreign banks operating in India.
Standard Chartered names Sumit Choudhary as head of emerging companies research, India
He reports to Jeremy Sutch and Rahul Singh.
India to issue new bank licensing guidelines in May
Find out what it means for banks.
Indian banks boosting overseas staff
Number of employees working abroad rose 6.1% in fiscal year 2011-2012.
CIMB launches its investment banking business in India
Devesh Kumar will lead the 60-strong team in India.
Over 100 firms vie for new Indian banking licenses
Rules on new banking licenses continue to confuse, however.
The evolution of ATM technology in India
A lot has been said about ATM Technology in Asian Banking and Finance. The idea of self-service in retail banking developed through independent and simultaneous efforts in Japan, Sweden, the United Kingdom and the United States.
India to regulate incentives for bank staff
Aims to prevent a recurrence of money laundering and tax evasion.
Indian banks to disclose 5.35% plunge in profits
Bank of America-Merrill Lynch report says state-run banks to be hardest hit.
India to impose new accounting standards on banks
International Financial Reporting Standards to be implemented in 2016.
RBI considers new interest rate cut
It’s needed to push India’s economic growth to 8%.