india bankers

Banks' aversion to higher interest may hurt India plan to draw out gold stocks

Indian lenders do not want to raise interest on gold deposits much beyond 1 percent, bankers said, which could derail a government plan to cut massive imports by mobilising tonnes of gold now stored in households and temples.

Aug 22, 2015, 14:55 PM IST

PM to brainstorm with bankers on PSB reforms on Jan 3

Prime Minister Narendra Modi will hold discussions with bankers on January 3 at Pune to draw an "action plan" for reforms in the public sector banks (PSBs).

Dec 24, 2014, 12:48 PM IST

Banks request clarity on tax treatment over bonds under Basel3

Clarity on taxation would help investors in putting money into such instrument without hesitation.

Oct 06, 2014, 20:17 PM IST

Interest rate to say high as bankers see no rate cut in FY15

Bankers on Tuesday said there is little chance of a rate cut in remainder part of the current fiscal as the Reserve Bank kept key policy rates unchanged except cut in SLR in its bi-monthly monetary policy review.

Aug 05, 2014, 20:58 PM IST