RBI may be decrease intrest rates
In the opinion of the global investment banks, by looking towards the decline of the economic growth rate, and low inflation, the Reserve Bank of India (RBI) may cut policy interest rates to 0.25 percent. The central More...
Unclaimed: Is some of this $58 billion yours?
On the one hand where the bank are troubled by the growing realization of debt and by the growing NPA. On the other hand, Operating banks in the country have nearly 25 billion unclaimed amount (on which no claim More...
FM expects RBI to deciding on rates
After becoming Finance Minister Chidambaram is wanting for the Reserve Bank to cut interest rates. And this expectation have expressed many times by Chidambaram during the budget speech reading and conversation More...
RBI cuts the RR and CRR,EMI will also reduce
Reserve Bank of India (RBI) has cut-off CRR and repo rate by 0.25 per cent. This reduction is in RBI’s quarterly policy review. Now, EMI is expected to be reduced on your loan. RBI governor D Subbarao said, More...
ATM service will be examined at every 3 months
Reserve Bank has asked all banks in the public and private sector for their disturbance in the ATM transaction taking place must be given the review in the quarterly basis . Now each bank’s board of directors More...
Do not assume higher profits from gold in 2013
Gold rates increased in yr 2012, but at 9.5 percent the returns are not as magnificent as with the past several years. Many experts believe that although gold will increase in 2013, the interest rate can come straight More...
Revised regulation provide way for new banks in upcoming year
Acceptance to the very long anticipated Banking Laws Amendment Bill by Parliament at the end of 2012 has provided the best way for improved bank space and could see entrance newest people , mergers and purchases More...
No change in the rates by Reserve Bank of India (RBI)
Mumbai: On Tuesday RBI declared to unchanged the interest rates and assured to ease the rates in January. over viewing the demands of banker and industries the cash reserve ratio is as usual 8% and the short term More...
