Markets to keep a watch on fuel price hike and RBI data
Markets continued to witness indecisive movements without any clear direction during the week ended.
A weak Q4 GDP numbers, jitters over the developments in 2G scams, slowdown in the auto sales and
After vigilance, RBI team inspects Corporation Bank
After a Central Vigilance Commission (CVC) inquiry team, an eight-member team from the Reserve Bank of India (RBI) has started inspection at the Mangalore-based Corporation Bank, which faces complaint
RBI reference rates for US dollar and euro
The Reserve Bank of India (RBI) on Monday fixed the reference rate for the US dollar at Rs 45.28 per dollar and the euro at Rs 63.61 per euro, as against Rs 44.93 per dollar and Rs 64.34 per euro on last Friday.
Loans to pinch more as lending rates set to go up soon
Home, auto and corporate loan rates are likely to rise soon by up to 0.50 per cent in tune with the hike in key policy rates by the Reserve Bank, leading banks including SBI and ICICI Bank said today
RBI favours freeing cap on savings rate
April 28: The Reserve Bank’s (RBI) draft paper favouring deregulation of the interest rate on savings bank accounts has evoked a cautious response from lenders who said the proposal would increase cos
Settlement in US: Satyam yet to get RBI nod for fund-transfer
Mahindra Satyam – brand identity of Satyam Computer Services Limited – which recently announced that it had agreed to pay USD 125 million to settle class action suits in USA, is yet to get Reserve Ban
Bhatt says RBI never understood SBI teaser loans
Outgoing State Bank chairman Om Prakash Bhatt continued his defiance of the central bank on the teaser loan front saying "the Reserve Bank never understood our special home loan product".
"Obviously
Volkswagen Finance gets NBFC license from RBI
Volkswagen Finance Private Limited, a subsidiary of Germany-based Volkswagen Financial Services AG, on Monday said it has received a licence from the RBI to set up a Non-Banking Finance Company (NBFC)
Banking services to all Indians by 2012: RBI
Mainstream banking services would be provided to all unbanked semi-urban, rural and remote areas having population of 2,000 by 2012, top Reserve Bank of India (RBI) officials said here on Saturday.
RBI reference rates for US dollar and euro
The Reserve Bank of India (RBI) on Wednesday fixed the reference rate for the US dollar at Rs 44.96 per dollar and the euro at Rs 63.68 per euro, as against Rs 44.97 per dollar and Rs 63.98 per euro on Tuesday.