Major factor contributing to the stable monetary policy rate could be impending concerns about inflation and, perhaps in the backdrop increase in the US Fed rates. Money Control, 21 hours ago
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In an exclusive interview to India Today, Parekh, who is registered with the World Bank and the Asian Development Bank as an expert in the financial services sector, explained how and where the Modi government and the RBI failed. Highlights 1 Ashvin Parekh ...India Today, 1 week ago An insurance co is a hedge in itself, says Ashvin Parekh Money Control, 2 months ago Ashvin Parekh: Myths and truths about mergers The Financial Chronicle, 2 months ago
What was meant to be a clear communication strategy resulted in even more confusion with daily changes in demonetisation rules Mumbai: In the month following the withdrawal of Rs500 and Rs1,000 as legal tender, the Reserve Bank of India (RBI) issued ...Livemint.com, 11 hours ago
All Chinese travellers coming to India are advised to carry sufficiently funded international credit and debit cards for use. Cash crunch Highlights Travel advisory is issued by the Indian government to Chinese travellers. Travellers ...India Today, 6 days ago
All the banks in Agra is facing a huge shortage of cash and the situation is likely to turn violent from December 1, the intelligence agencies warned. Many incidents of violence have already been reported. A photo from outside one of the banks in ...India Today, 1 week ago
The Reserve Bank of India and the Ministry of Finance have taken several steps to ensure there is enough cash in banks in the first week of December. As salary of government, non-government staffers and pensioners gets credited in their bank ...India Today, 1 week ago
Bulk deposits are those over Rs1 crore and are usually made by companies or high net-worth individuals. SBI has slashed rates for these deposits for different tenures Major banks, both private and public sector, recently revised their interest rates ...Livemint.com, 1 week ago
Decisions on credit across the country and otherwise are now being taken by a single team in Mumbai, says Bank of Baroda MD and CEO P.S. Jayakumar Mumbai: A room with a giant screen displays project-wise data, colour coded to show the stage of its ...Livemint.com, 3 weeks ago
Lenders such as State Bank of India and Punjab National Bank are exploring the idea of moving to a variable pay structure Large state-run lenders are seeking to break away from the system of negotiating periodic, industry-wide wage settlements with ...Livemint.com, 4 weeks ago
Sri Lanka is a small country with barely 20 million people. Its per capita GDP is in excess of $11,000 (on a PPP basis) which is higher than India’s per capita GDP of $6,600. It thrives on tourism, tea, textiles, gems and jewellery, spices, sea-food, ...The Financial Chronicle, 1 month ago
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