Banking Sector

World Bank to grant 127 million dollars in aid to Nepal

Kathmandu, Apr 30 :World Bank Nepal will soon receive aid worth 127 million dollars from the World

Allahabad Bank To Raise Rs 19 Bn From Bond Market

With the intention to keep pace with expansion in its lending business, Allahabad BankAlla

RBI hikes CRR to 8.25 percent, keeps key interest rates unchanged

Reserve Bank of IndiaMumbai, Apr 29 : The Reserve Bank of India (RBI) today hiked the Cr

Global financial market turmoil hits Deutsche Bank's earnings

Frankfurt - Deutsche BankGermany's biggest bank Deutsche Bank AG reported Tuesday its first

HBOS becomes second British bank to make cash call

London -Halifax Bank of Scotland Britain's biggest mortgage lender, the Halifax Bank

RBI to release annual monetary and credit policy today

Mumbai, Reserve Bank of IndiaApr 29: Reserve Bank of India (RBI) will announce the annual the monetary and credit policy for the year 2008-09 today.

Rising inflation could impact the policy in terms of further rate hikes.

The RBI’s key policy rates were raised nine times since October 2004, while the Cash Reserve Ratio (CRR), the mandatory amounts that the banks have to keep with RBI, was raised five times since December 2006.

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