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FM Jaitley likely to meet heads of PSU banks in first half of Sept

Last Updated: Thursday, August 20, 2015, 18:00

The performance review meeting of Public Sector Banks (PSBs) may take place in the first half of September and the exact date will be decided soon, sources said.

Government steps up pressure on RBI to cut rate

Last Updated: Thursday, August 20, 2015, 15:38

Finance Minister Arun Jaitley is stepping up pressure on the RBI to cut rates as the economy struggles and price rises slow, with some bureaucrats working behind the scenes to argue for an immediate cut of as much as 50 basis points.