Hoping against hope, bankers see 50 bps CRR cut on Tuesday
Bankers expect RBI to cut cash reserve ratio by up to 0.50 per cent in its policy review on July 31 even as drought is staring at the country which could fuel price rise.
Two-day bank employees strike from July 25
Public sector bank employees will go on a two-day nation-wide strike from July 25 to protest against government's moves to grant banking licences to private business houses and closing down of rural b
Bankers expect rupee to be better after RBI measures
Treasury officials see the rupee, which hit its life-time nadir last week, appreciating this week on the back of the recent measures taken by the monetary authority, and hovering in the 52.80-53.50
In Facebook IPO, bankers seek prestige over fees
Facebook's initial public offering is likely to set a new standard for how low investment banks are willing to go on advisory fees to win big business.
The world's largest online social network is ex
Bankers brace for bonuses slash
New York: From Wall Street to the City of London to Hong Kong's Central District, bankers are bracing for bonuses to be down seven per cent on average from a year ago, and higher salaries will only pa