(Saturday, 04 February 2012 05:44)
SBI will soon start publish photographs and names of wilful defaulters in leading publications as a last resort to get them to pay their dues.
(Friday, 03 February 2012 16:31)
The Indian banking sector should be able to absorb loan-losses stemming from the cancellation of 2G mobile licenses without materially impairing credit quality
(Friday, 03 February 2012 13:04)
Global ratings agency Fitch said the Supreme Court's decision to cancel 122 telecom licences will hit the profitability of banks
(Friday, 03 February 2012 12:58)
RBI stated banks have been found overstating value of houses they finance by adopting practices like including stamp duty and other charges in the cost
(Friday, 03 February 2012 11:33)
The Reserve Bank on Friday hinted at more open market operations (OMOs) to ease tight liquidity conditions in the banking system.
(Thursday, 02 February 2012 17:11)
With credit growth not picking up owing to a high interest rate regime, many banks are now apprehensive about meeting their PSL target in the current fiscal.
(Thursday, 02 February 2012 16:31)
The finance ministry will be infusing Rs 18,000 crore in the current fiscal in 12 banks, including SBI, and will be seeking supplementary grants from Parliament in the Budget session.
(Thursday, 02 February 2012 14:53)
The refinance scheme from NABARD incentivises banks to accelerate the pace of creation of quality warehousing facilities for agricultural commodities
(Thursday, 02 February 2012 12:46)
The RBI has directed banks to evaluate risks from unhedged foreign currency exposure of companies while extending them credit facilities
(Thursday, 02 February 2012 11:01)
Public sector Indian Bank has revised its interest rates on Foreign Currency Non-Resident (Banks) term deposits with immediate effect.
(Thursday, 02 February 2012 10:27)
The problem with farm loans is not slow growth, but rising non performing loans as farmers expect one more debt waiver
(Wednesday, 01 February 2012 16:14)
Despite mounting bad assets being witnessed by many lenders, RBI ruled out any special dispensation on provisioning norms in case of debt recast
(Wednesday, 01 February 2012 15:04)
The non-performing assets of Indian banks are expected to touch 4 per cent of the total assets from about 3 per cent in 2011, Fitch said in a report
(Wednesday, 01 February 2012 13:14)
State-owned Uco Bank expects the government to infuse Rs 200-300 crore by March to help the lender meet 8 per cent Tier-I capital requirement
(Wednesday, 01 February 2012 12:11)
The Reserve Bank today said all private sector banks will now be eligible to handle central and state government business as agents of the central bank.
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