Government regulators from the US and Europe laid out their financial reform plans on Saturday before a sceptical banking industry, asking financiers for input but adamant that change was coming with or without their support.
President Barack Obama may have some tough words on Monday for executives of top U.S. banks as he pushes them to step up small-business lending and get behind legislation to overhaul Wall Street regulations.
Retail and corporate loan rates may
stay the same as bankers on Tuesday ruled out any increase in
lending rates in the next three to four months, thanks to the
RBI keeping almost all key rates unchanged.
: State power utility NTPC has not been able to secure bank guarantees for sourcing natural gas from Reliance Industries, as bankers have asked for certain clarifications from the supplier on drafting of the letter of credit.