Banking & Finance

No insurance payment for abandoned Kotla match

The Delhi & District Cricket Association (DDCA) and the Board of Control for Cricket in India (BCCI), organisers of Sundays India-Sri Lanka cricket match, will

Record raising of funds in 2010

India Inc could set a new fund-raising record in 2010. Even before the year starts, companies have lined up equity raising plans of Rs 1,50,000 ...

Arvind Subramanian: The Triumph of Economics

The Greatest Depression that could so easily have happened in 2009 but did not is the tribute that the world owes to economics. ...

OSCB gets banking licence from Reserve Bank

The Reserve Bank of India (RBI) has granted banking license to the Orissa State Co-operative Bank (OSCB). ...

AIABOF to continue fight against bank merger plan

All India Andhra Bank Officers Federation (AIABOF) has strongly opposed the governments move to consolidate and merge the public sector banks (PSB) in the country ...

Banks' retail loan base shrinks

The tightening of credit norms for unsecured loans is showing. According to data, flow of personal loans declined 0.1 per cent in the year up ...

No interest rate hike in six months: SBI

The countrys largest lender, State Bank of India (SBI), has said that there will be no hike in lending rates in the next six months ...

Growth-inflation to determine RBI's future action, says Gopinath

Concerned over food inflation spreading to other sectors through adverse expectations, Reserve Bank of India (RBI) Deputy Governor Shyamala Gopinath has said the near-term policy ...