Parnika Sokhi

All stories by Parnika Sokhi

RBI might cut CRR, hold policy rate, shows poll
Rediff.com26 Oct 2012

High inflation continues to be an obstacle in lowering policy rates as of now.

S&P lowers credit profile of SBI, Union Bank
Rediff.com10 Oct 2012

Standard & Poor's on Wednesday lowered the stand-alone credit profile of two...

Banks see slowest growth in a decade
Rediff.com14 Sep 2012

Banks' loans are set to grow at the slowest pace in a decade this financial year, as...

Govt borrowing may rise this year
Rediff.com11 Sep 2012

The government is expected to wait till January for announcing its higher borrowing...

India Inc goes ahead with foreign fund-raising plans
Rediff.com20 Aug 2012

The yields on the US Treasuries that are used as a benchmark for pricing...

Remittances seen crossing $70 billion in 2012
Rediff.com15 Jun 2012

With the Reserve Bank of India (RBI) allowing people to receive money more than twice a...

At 9.3 mn, a third of MFI borrowers are defaulters
Rediff.com22 Mar 2012

In absolute terms, close to 9.2 million customers (almost equal to Mumbai's suburban...

RBI may opt for status quo with a dovish tone
Rediff.com12 Dec 2011

Experts say the central bank will refrain from using the CRR as a liquidity tool, as a...

Loan growth may fall to 7-year low in FY13
Rediff.com30 Nov 2011

While most bankers see advances growing 16-18 per cent this financial year, they expect...

FII limit on govt bonds may double
Rediff.com20 Oct 2011

Currently, FIIs are allowed to invest up to $10 billion in government bonds, and the...

Companies dial LIC for funds amid uncertainty
Rediff.com17 Oct 2011

Insurer seeks leeway to invest in sub-AAA-rated companies.

Infrastructure companies line up tax-free bond issuances
Rediff.com4 Oct 2011

After getting the approval of raising up to Rs 30,000 crore (Rs 300 billion) through...

RBI intervened as rupee breached 48/$ on Wed
Rediff.com15 Sep 2011

The Indian currency has depreciated 6.86 per cent since April.

Companies get relief from high short-term rates
Rediff.com15 Jul 2011

After rising for more than a year, short-term interest rates have started falling since...

Banks fear slowdown in lending to SMEs
Rediff.com29 Jun 2011

The country's largest commercial bank's SME advances grew nearly 23 per cent to Rs...

LIC to rope in Axis Bank for credit card biz
Rediff.com21 Jun 2011

After lying low since its foray into the credit card business two years ago, Life...

RBI's diversity huge opportunity: Deputy governor
Rediff.com21 Jun 2011

It is clear now that our policy to treat FCCBs as debt upfront turned out to be the...

Education loans: Good marks, no security
Rediff.com13 May 2011

Bankers' committee suggests banks lend to meritorious students without collateral.

Demand drives banks' overseas fund-raising
Rediff.com12 May 2011

Because of lower ratings, these companies would have to pay higher rates if they raised...

NBFCs lose priority sector tag, see red
Rediff.com5 May 2011

Stocks of most non-banking finance companies (NBFCs) were on a crash course on...