Monthly Archives: March 2009

An eye-opener

In the Indian market there is a total misconception about the mark-to-market accounting norms for forex derivatives that they always create only notional gains or losses in the financial statements.
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Rate cut: Will banks lend more?

The RBI recently cut interest rates by 50 bps, primarily looking at concerns over lingering global economic slowdown and worsening domestic economic situation. Continue reading

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Rate cut: Will banks lend more?

The RBI recently cut interest rates by 50 bps, primarily looking at concerns over lingering global economic slowdown and worsening domestic economic situation. Continue reading

Posted in india business | Tagged , , | Comments Off