- Sep 03 2015, 2230
India’s ten largest cities in terms of economic growth have $179.8 billion of GDP at risk from a series of threats over the next decade, according to new research from insurance market special Lloyd’s.
- Sep 02 2015, 2204
The Reserve Bank of India’s (RBI) new draft guidelines asking banks to calculate their base lending rate on the basis of the marginal cost of funds instead of the current practice of average cost may push banks to lower rates more than earlier said analysts.
- Sep 01 2015, 2339
To ensure that banks cut their lending rates in line with its cuts in policy rate, the banking regulator on Tuesday issued draft norms on the computation of the base rate of banks based on marginal cost of funds.
- Aug 31 2015, 2317
The Reserve Bank of India (RBI) on Monday identified State Bank of India and ICICI Bank as domestic systemically important banks (D-SIBs).
- Aug 31 2015, 2259
HDFC Bank on Monday cut its base rate by 35 basis points from 9.70 per cent to 9.35 per cent with effect from Tuesday.
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