In an interaction with ET Now, Chanda Kochhar, MD & CEO, ICICI Bank, shares her views on the government's FDI reforms and about the Indian economy. Excerpts: ET Now: What are your thoughts on the [...]
In a chat with ET Now, Ashish Parthasarthy, Hd-Treasurer, HDFC Bank, talks about the new base rate methodology for banks. Excerpts: ET Now: What do the new base rate norms mean for the banking space? How will the [...]
MUMBAI: The Reserve Bank of India has directed banks to set five benchmark rates for different tenure ranging from overnight rates to one year, which will come into effect from April 1, 2016. In a [...]
The much-awaited Reserve Bank of India (RBI) guidelines on calculating the benchmark lending rate are finally out. In yet another attempt to make banks pass on policy rate cut benefits to borrowers, the RBI has [...]
MUMBAI: HDFC Bank, the country's second-largest private sector lender, has cut its base rate by 5 bps to 9.3% bringing its rate at par with State Bank of India. The latest rate cut is effective [...]