Monday, January 5, 2009

Indian bank shares rally on rate cuts

(MUMBAI) Indian bank shares rallied yesterday as deep rate cuts were seen boosting earnings by reducing consumer defaults and improving income from treasury operations.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,312761,00.html?

No comments: