Manipal-headquartered public sector lender Syndicate Bank has reported a 32 per cent rise in net profit at Rs 338 crore for the third quarter-ended December 31, 2011 compared to the corresponding

After a pause in the monetary policy in December, it was clear Reserve Bank of India (RBI) was shifting its focus towards growth. But there was uncertainty on when it would begin cutting rates.

After nearly two years, the stage is set for lending rates to come down. With the Reserve Bank of India (RBI) slashing the cash reserve ratio (CRR) by 0.5 per cent, thereby signalling a reversal of

Citi on Tuesday said it will cut around 100 jobs across its businesses in India. The move comes after the financial services firm announced that it will lay-off 4,500 employees or 2 per cent of its

After a series of investor-friendly measures, the Securities and Exchange Board of India (Sebi), the capital market regulator, plans to back it up with a first-of-its-kind advertising campaign,

50-bp reduction in CRR to release Rs 32,000 crore repo rate unchanged at 8.5%. Reserve Bank of India Governor D Subbarao on Tuesday went halfway by cutting the cash reserve ratio, which determines

Mumbai: The rupee erased most of its intraday gains on dollar demand from oil refiners on Tuesday, after hitting a 10-week high, driven by local shares that rose on expectations the central bank will

​Mumbai: Banks are likely to reduce lending rates for select sectors and may see an improvement in their net interest margins after the central bank cut cash reserve requirements for banks, top

The Reserve Bank of India (RBI) left interest rates on hold on Tuesday but cut the cash reserve ratio for banks by 50 basis points, a move that eases tight liquidity in the banking system and

Larsen & Toubro ( L&T) beat market expectations on Monday with a 22 per cent jump in third-quarter net profit, but cautioned the financial year could end on a flat note.In Images: For a happy