HSBC

A note from HSBC said that a cut of 50 basis points might come up from the apex bank, RBI (Reserve Bank of India) to pull the nation out of the economic crisis. Robert Prior-Wandesforde, [...]

The Finance Minister Pranab Mukherjee on Wednesday appealed to state run banks to slice lending rates so as to contribute to the nation’s economic growth. Mr. Mukherjee met the top officials of the banks in [...]

Yes Bank, the private lender declared on Sunday said that it will be using both debt and public offer to collect about $400mn to make use of the growth prospects set to arise in coming [...]

Indian banks are believed to oppose the rate cuts being suggested by the government owing to the higher cost of deposits at the time of credit crisis and increasing bond yields. Indian government is trying [...]

The banking sector absorbed about 16,200 people in the first quarter thereby becoming the greatest job provider in the present fiscal year, as revealed by Assocham (Associated Chambers of Commerce and Industry) survey. Among the [...]

Credit demand that seems to be plateau-ing has caused banks to start worrying for the less takers of the deposits. Banking Institutions are however hopeful for positive changes in the post-budget scenario as corporates who [...]

A report by a leading bank, HDFC revealed that inflationary pressures have been mounting up since February. Though the index seems to be in negative area but fuel and food prices are less likely to [...]

Expressing his views on probable solutions to the economic slowdown, Finance Minister Pranab Mukherjee has mentioned that privatization is not the solution the nations economic woes and said that it was the nationalization of the [...]

Two-day strike by the bank employees has ultimately come to an end on Friday as the Indian Bank Association has accepted the demand of the bank employees to provide 17.5 increments in the salaries. AK [...]