Mumbai: Banks are likely to reduce lending rates for select sectors and may see an improvement in their net interest margins after the RBI cut cash reserve requirements for banks, top bankers said. The lending rates may be reduced for segments which are seeing higher demand for credit and lower level of defaults, Pratip Chaudhuri, chairman of State Bank of India, the country's top lender, said. The banks, however, did...
10:40 AM, Jan 25, 2012
Off the final ball of the 30th over, Kumar Sangakkara provided India a big chance to end a threatening partnership. He skipped out to a delivery from Virender Sehwag and lofted it down the ground toward long-on. It should have been a catch but the fielder, Praveen Kumar, was a yard or two too inside and ended up running in too far. The ball flew over his head for six...02:19 AM, Apr 29, 2008
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