Rise in number of banks to improve customer services: RBI
Amid the lengthy clarifications issued by the central bank on new bank licences, Reserve Bank Deputy Governor K C Chakrabarty on Monday said customer service in the banking industry will be better if more banks come in as it will drive competition.
RBI Deputy Governor, K C Chakrabarty, New bank licence, Reserve Bank of India, Customer service in bank, Moneylife, Cobrapost,Sensex closes 455 points down; GDP dashes rate cut hopes
The BSE Sensex and the Nifty fell 2 percent on Friday, marking their biggest single day percentage fall since March 2012 as lenders such as ICICI Bank reeled after economic growth data came in line with expectations, dashing hopes the RBI would cut interest rates next month.
Sensex, Nifty, BSE, NSE, ICICI Bank, HDFC Bank, D Subbarao, RBI Governor,Hope discomfort on liquidity eases in a few months: D Subbarao
The Reserve Bank of India Governor Duvvuri Subbarao said on Monday he expects liquidity conditions to be less uncomfortable over the next few months due to the winding down of the government's cash balances as well as the narrowing gap between deposit and credit rates.
RBI Governor, Reserve Bank of India, Duvvuri Subbarao, Liquidity discomfort, Repo rate cut,Eurozone crisis to be over by September, predicts RBI Governor
If RBI Governor D Subbarao's prediction is anything to go by, the Eurozone crisis is likely to be over with expiry of his term in September this year.
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Ahead of the budget, Finance Minister P Chidambaram on Tuesday held consultations with Reserve Bank Governor Duvvuri Subbarao here.
P Chidambaram, RBI Governor, Duvvuri Subbarao, General Budget ,RBI governor cautions country against record CAD
Reserve Bank Governor Duvvuri Subbarao on Monday cautioned the country was headed for the highest ever current account deficit this fiscal, after it rose to 5.3 percent of GDP in the second quarter.
RBI governor, Duvvuri Subbarao, Current account deficit, GDP growth, IGIDR ,Final banking licence guidelines soon: RBI Deputy Governor
The Reserve Bank is likely to come out with the final guidelines for new bank licences much before the end of the fiscal as its consultation process with the Finance Ministry is over, Deputy Governor Anand Sinha said.
RBI, Finance Ministry, Finance Minister, P Chidambaram, Bank licences, Public sector banks,Bank unions should work together with managements: RBI Dy Governor
RBI Deputy Governor K C Chakrabarty on Sunday urged Bank unions to work together with managements to come out with an integrated system to make banking services available to everyone.
Bank unions, RBI Deputy governor, K C Chakrabarty, bank employees associations ,Unilever to set up 50 mn Euro deodorant plant in Maharashtra
FMCG major Unilever on Monday said it will invest 50 million Euro (over Rs 360 crore) to set up a deodorant manufacturing facility in Maharashtra.
Unilever, Unilever investment in India, deodorant plant in Maharashtra, Hindustan Unilever ,RBI rate cut to depend on inflation scene: Rangarajan
Ahead of the Reserve Bank's review of monetary policy on March 19, Prime Minister's Economic Advisory Council (PMEAC) Chairman C Rangarajan on Friday said policy rate cuts by the central bank will depend on inflation movement, among other factors.
RBI rate cut, C Rangarajan, Prime Minister’s Economic Advisory Council, PMEAC, RBI governor ,
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