India Insight

Markets this week: Sensex falls 2.6 percent, Jindal Steel slumps 9 percent

September 27, 2013

After rising for four consecutive weeks, the BSE Sensex fell 2.6 percent in the last five trading sessions, as a surprise repo rate hike by the Reserve Bank of India (RBI) on Sept. 20 dampened investor confidence and battered banking shares.

In a mixed year for lenders, IndusInd Bank shines

May 31, 2013

Rate cuts by the Reserve Bank of India, new bank licence norms, bad loan worries and money laundering accusations – Indian banks are firmly in the public eye in 2013.