What can we get for Rs.1? Till 15 March, funky party bags worth Rs.95 were available at Rs.1 each on a website. The Vodafone website…
Month: March 2013
BANKER’S TRUST REALTIME: SBI wages rate war, undercuts competition
Senior officials of two state-run banks, one in Kolkata and another in Chennai, recently told me the State Bank of India (SBI) is wooing away…
Sahara: Beginning of the endgame?
Mumbai: India’s capital market regulator and Subrata Roy Sahara are at war with each other. Sahara’s managing worker and chairman has stepped up his offensive…
Money laundering sting: too many questions
Reserve Bank of India (RBI) deputy governor K.C. Chakrabarty has given a clean chit to the Indian banking system. According to him, there is nothing…
BANKER’S TRUST REALTIME: RBI lobs the ball in govt’s court
The key takeaway from the Reserve Bank of India’s mid-quarter monetary policy review—the last for fiscal 2013 that ends 31 March—is not the quarter percentage…
Rate cut likely but banks may not pare loan rates
Nine out of 10 bond dealers expect Reserve Bank of India (RBI) to cut its policy rate on Tuesday when the central bank announces its…
Are you serious, Mr Chidambaram?
Loris Luyendijk’s banking blog in The Guardian in August 2012 cited one question that the entrance examination paper for a trainee programme at Merrill Lynch…
How the govt chooses PSU bank CEOs
How does the government of India, majority owner of public sector banks that roughly account for 70% of the banking industry and a key growth…