Tag: Indian Banks

RBI hikes foreign investment limit in govt bonds

RBI 1 150x150 RBI hikes foreign investment limit in govt bondsThe Reserve Bank of India [RBI] on Monday has announced a series of steps which according to RBI will help to improve the national currency and the economy.

The measure explained by the RBI includes growing limits for external commercial borrowings as well as government securities. Read more

Bank of Baroda overtake Punjab National Bank as 2nd most profitable public sector bank

Bank of Baroda 150x150 Bank of Baroda overtake Punjab National Bank as 2nd most profitable public sector bankGood news for investors, the govt. has stepped forward to make India’s second largest public sector bank on basis of yearly profits as State-owned Bank of Baroda (BoB) has planned to overtake PNB.

However from last few months, investment market situation worsen a lot, reducing sharply slope of economy due to inflation and rupee weaken, but with all these issues, performance of banks is not downed. Read more

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