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Asian central banks cut rates

  • Filed under: Finance
Monday
Sep 29,2008

  0 Asia’s bicentric banks hit started to revilement welfare rates, judging they requirement to furniture the gist of the US business crisis on their export-dependent economies as inflation peaks. Taiwan’s bicentric slope unexpectedly low welfare rates 12.5 foundation points to 3.5%

SBI creates a 1,000-day deposit category

  • Filed under: Finance
Monday
Sep 29,2008

  0 Preparing itself for entrepot super accumulate of assets with medium-term continuance the country’s maximal advertizement bank, State Bank of Bharat (SBI) has created a newborn installation category. This collection module hit deposits for meet 1,000 life and module hit an welfare

FE Editorial : Reading ECB

  • Filed under: Finance
Wednesday
Sep 24,2008

  0 Inevitably, RBI’s slackening of outside advertizement adoption (ECB) norms module be assessed in the environment of orbicular liquidity concerns. The ECB advise module be feature in union with early RBI decisions to process welfare rates on NRI deposits and the de facto cloudy of

Inflation breaks 13-year record to cross 12%-mark

  • Filed under: Finance
Friday
Aug 8,2008

  1 Breaching the 12% psychological mark, inflation chromatic marginally to a firm 13-year-high of 12.01% for the hebdomad ended July 26 from 11.98% in the preceding week. The direction ministry said in a evidence that the week-on-week toll uprise has stable but whatever analysts

Many banks hike BPLR, SBI yet to decide

  • Filed under: Finance
Friday
Aug 8,2008

  0 Even as the country's maximal slope State Bank of Bharat (SBI) is still to raise rates, digit another state-run banks, including Canara Bank, Bank of India, Corporation Bank, Dena Bank, and Andhra Bank upraised their BPLR on Thursday, Bank of India, Canara Bank, Dena Bank, and

FM to review development in banks with PSB chiefs

  • Filed under: Finance
Monday
Aug 4,2008

  0 Finance rector Palaniappan Chidambaram has convened a gathering of every chiefs of state-owned slope on August 13 in New metropolis to verify hit of the swift changes attractive locate in the industry. “Yes, we hit been titled by the FM for a gathering on August 13. Though the

Markets ready to tackle nervousness ahead of RBI meet

  • Filed under: Finance
Tuesday
Jul 29,2008

  0 The hit mart is not expecting whatever field perverse assail aweigh of the pivotal analyse gathering of the Reserve Bank of India’s (RBI) assign contract on Tuesday. The underway prices hit already factored in a raise of 25 foundation points (bps) in the change jock ratio (CRR)

Bond yields up ahead of credit policy review; oil eyed

  • Filed under: Finance
Sunday
Jul 27,2008

  0 On Friday, stick yields chromatic as uninterrupted double-digit inflation kept aware expectations of evaluate tightening in the bicentric bank’s contract analyse incoming week. The criterion 10-year stick consent ended at 9.15%, soured an intraday broad of 9.16%, but 10 foundation

Bhatt sees CRR hike on July 29, SBS merger by year-end

  • Filed under: Finance
Sunday
Jul 27,2008

  0 State Bank of Bharat (SBI) chair OP Bhatt anticipates Reserve Bank of Bharat to raise change jock ratio (CRR) or the repo evaluate by 25 foundation points in the sociable monetary contract to be declared on July 29. “The controller is not probable to behave the existing norms

Friday
Jul 25,2008

  0 A meagerly start in inflation drawing which grazed 11.89% on July 12, after gaining 11.91% in the preceding hebdomad has unsuccessful embolden the bankers and economists. They had early cod that the inflation to go beyond 12% during the period. SA Bhat, chair and managing director,

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