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Bank of Baroda hikes interest rates on domestic retail term deposits by 25 bpsBank of Baroda on Friday increased interest rates on domestic retail term deposits, including NRO and NRE term deposits, by 25 basis points...
View: Got change? Why digital cash needs to feel realSpreading cash among consumers and collecting notes from businesses is a labor-intensive activity that doesn’t sit well with Japan’s shrink...
Government to infuse Rs 20,000 crore in India's state-run banksIn April, Reuters reported that New Delhi had assured state banks that it is ready to provide capital support as the coronavirus pandemic m...
The week that was in 10 stocks: IPO mart abuzz; 20 stocks hit all-time highsThe 30-share pack lost 348 points, or 0.85 per cent, to end at 40,445 on December 6.
Decision on J&K bank an attempt to fiddle with state's special status: MuftiThe Peoples Democratic Party (PDP) President called for immediate rollback of the decision taken by Governor S P Malik-led state administra...
New India Assurance IPO gets Sebi go-aheadThe government will be selling 9.6 crore shares and the company itself will be selling 2.4 crore shares
Equity market deals may hit record $20 billion this financial yearInitial public offers (IPOs), follow-on pubic offers (FPOs) and QIPs will likely help fund-raising efforts hit a new high amid the continui...
Government recruited 9,303 persons from minority communities in 2015 fiscalPublic sector banks and financial institutions hired 5,572 persons belonging to minority communities and para military forces recruited 2,3...
HDFC Bank's Paresh Sukthankar, Axis' V Srinivasan top pay hike listParesh Sukthankar, deputy managing director of HDFC Bank and V Srinivasan, executive director at Axis Bank, top the list of senior bankers ...
Disinvestment in PSBs in phased manner under consideration: FM Arun Jaitley"A proposal for allowing PSBs to raise capital from public market by diluting Government of India holding up to 52% in phased manner is und...
Narendra Modi euphoria on Sensex? Indian investors are selling, FIIs buyingThose who can vote are quitting the market, while those who cannot vote — the FIIs — are getting in. This is not exactly voter euphoria.
No pressure from government to cut rates: Pratip Chaudhuri, SBIIn an interview with ET Now, Pratip Chaudhuri, chairman, SBI, talks about the rationale behind their decision to cut rates as well as credi...
- Private firms overtake government enterprises in power production, adds about 84% of the target
Projects funded by the private sector, however, added 5,122 MW of more capacity, about 84% of the target set by the commission.
- PSUs may not contribute funds for CWG
PSUs may not shell out more funds for the Commonwealth Games, an official said.
- Heard on the Street: Realtors woo MFs to their IPOs with goodies
While most of the large to mid-sized recent offerings have received a lukewarm response, the buzz is that quite a few real estate companies...
- Indian law firms emerge top dealmakers: Report
Indian law firms beat the world’s biggest to emerge top legal advisors to global project deals, says a global investment banking report.
- Interest rates to ease after March: PNB
Country's second largest public sector lender Punjab National Bank today said that interest rates will start coming down after March. "Inte...
- IBA favours more powers for RBI in financial transactions
A new proposal to amend the Banking Regulation Act may arm the Reserve Bank of India (RBI) with the powers to regulate any financial activi...
- Govt rules out diluting stake in public sector banks
A day after a high-level committee suggested reducing the government stake in public sector banks, the Centre today said that it would not ...
- We've come a long way since '91, baby: Survey
The Economic Survey could, with only modest spin, be called the Election Survey. Its self-confident tone indicates that conditions are ripe...