20 Oct 2011
In a decision that would once again stoke the debate whether some of the nationalized banks have become white elephants, the Central government is mulling over providing a budgetary support of Rs 20,000 crore to six nationalized banks during the current financial year.
27 Dec 2015
New Delhi: Over 9,500 complaints of deficient services by nationalised and private sector banks are pending with banking ombudsmen, the Reserve Bank of India (RBI) has said.
07 Sep 2016
New Delhi: Even as India is merging some state-run banks, Finance Minister Arun Jaitley on Wednesday said there was no move to privatise them. He also said the target date of April 1 next year to implement a pan-India goods and services tax regime will be met.
11 Apr 2016
New Delhi: Banks with significant gaps in meeting priority sector loan requirement will benefit from Reserve Bank's guidelines for priority sector lending certificates, Moody's said today.
03 Mar 2016
New Delhi: Private sector lender Yes Bank today said it has bought over 5 per cent stake in an investor advisory firm, IiAS, from BSE.
03 Mar 2016
New Delhi: Moody's Investors Service today said the Budget for 2016-17 is "credit negative" for PSU banks as the capital infusion road map falls short of the required Rs 1.45 lakh crore.
16 Oct 2016
Panaji: Countering the threat of terrorism and strengthening security cooperation will be high on the agenda at the BRICS Summit that began on Sunday with India set to forcefully articulate the dangers posed by terrorism emanating from Pakistan and push for a comprehensive global convention to tackle the menace.
01 Apr 2016
New Delhi: A host of banks, including SBI, HDFC Bank, PNB, Canara Bank and BoB, yesterday announced lending rates based on marginal cost of funds, a new methodology that will take effect from today.
18 Sep 2016
Mumbai: The 17-lender consortium led by State Bank of India has put on sale embattled businessman Vijay Mallya's prime Goa property, the Kingfisher Villa, at a reserve price of Rs 85.29 crore.
19 Sep 2016
New Delhi: There was optimism mingled with conviction in VVS Laxman's tone and tenor as the batting great on Monday predicted the start of an era of prolonged dominance by the current Indian Test team, akin to the great West Indian and Australian sides of the past.