No correlation between base rate cut & rate cuts by banks: Diw...

With State Bank of India's Managing Director and CFO Diwakar Gupta set to retire later this year, two names have emerged as the front-runners for the post. According to sources close to the development Arundhati Bhattacharya, MD & CEO SBI Caps and P ...

In an optimistic mood after Marchs wholesale price index (WPI) inflation came in at 5.69%, Diwakar Gupta, managing director and chief financial officer, State Bank of India, says banks may soon ease interest rates.

Mumbai, May 24 (PTI) The glittering silver jubilee celebrations of Sebi, which had the PM, FM and a host of Union ministers in attendance, today saw the presence of four past chairmen of the country''s market regulator.However, current Sebi chairman ...

Net profit during the quarter fell to R3,299 crore against R4,050 crore in the same quarter last year, a fall of 18.5%. Operating profit too fell by 19% from a year ago to R7,761 crore. Profit before tax saw an even steeper fall of 44% year-on-year ...

Well-crafted dialogues, judicious use of gags and display of perfect timing are the hallmarks of "CutCutCut" which was presented by Pierrot's Troupe at Shri Ram Centre this past week. No wonder the evening offered the jam-packed hall undemanding ...

Private sector banks like ICICI Bank and HDFC Bank charge customers Rs 250 for not maintaining a minimum balance if Rs 10,000, but these banks never compete to bring down this minimum balance requirement. Axis Bank, whose minimum balance requirement ...

At a press conference today, banks said RBI's move is not enough to cut interest rates for customers. They were B almost unanimous in saying that there is unlikely to be a rate cut as cost of funds still remain high due to the prevailing liquidity ...

The Reserve Bank of India cut its key repo rate - the rate at which the RBI lends shot-term money to banks against securities -- by 0.25 per cent on Friday, the third time since January, but the central bank's decision is unlikely to provide any ...

Total loans outstanding to medium-size firms shrinks 11%; lending growth to large companies lowest in five years Dinesh Unnikrishnan Photo: Hemant Mishra/Mint Updated: Fri, Apr 26 2013. 12 01 AM IST Mumbai: Bank loans to mid-size companies ...