Tata Motors is seeking an image makeover with the curvaceous hatchback, Zica.
The government plans to inject a total Rs 70,000 crore into the lenders over four years
Home loans also pose lower bad-debt risks for the banks than corporate loans.
Urjit Patel's reappointment will raise market hopes that Rajan, will also be offered an extension when his tenure ends in September.
ICICI Bank has the largest proportion of SDR loans as a percentage of its total, followed by state-run United Bank of India and Canara Bank.
RBI's tricky strategy to ease market's pre-Fed jitters.
India's overall retail inflation eased to 4.41 per cent in September, helped by falling commodity prices, but rural inflation was at 5.05 per cent
The changes would be the most ambitious overhaul to date of rules governing the liquidation or revival of companies in India.
India was less directly affected by the Chinese stock market rout and yuan devaluation that battered currencies and markets in the region.
Coffee Day Enterprises Ltd is backed by KKR & Co.
Although the RBI is not statutorily independent from the government, Rajan, like previous RBI Governors, has long valued his independence.
RBI Governor Raghuram Rajan is expected to express that cautiousness as he looks to manage expectations.
Raghuram Rajan remains focused on a long-term inflation target of 4 percent.
Across India, decades of mismanagement and political meddling have left utilities selling electricity below cost and turning a blind eye to rampant theft.
The new hire, Gangadhar Darbha, joined as a consultant
At the current market price of the stock, that stake would be valued at about $1.5 billion.
A total of 41 companies had applied for the permit
The spike at private sector lenders like ICICI Bank and Axis Bank follows a push to grab market share from India's dominant state banks.
RBI takes steps to control inflation but the masses are not convinced.
The RBI's next policy review is set for Sept. 29.
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