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Centre mulls Rs 20,000 crore bailout package for 6 nationalized <strong>banks</strong>

Centre mulls Rs 20,000 crore bailout package for 6 nationalized banks

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.

latest on packages for nationalised banks,   budgetary support to nationalised banks,   Centre to support nationalised banks,   top nationalised banks of India,  
Over 9,500 complaints pending with banking ombudsmen: RBI

Over 9,500 complaints pending with banking ombudsmen: RBI

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.

Complaints of deficient services,   Nationalised banks,   Reserve Bank of India,   RBI,   Latest News,  
<strong>Banks</strong> to benefit from RBI's PSLC guidelines: Moody's

Banks to benefit from RBI's PSLC guidelines: Moody's

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.

RBI,   RBI guidelines,   Moodys,   Banks in India,   PSLC guidelines,   Reserve Bank of India,   Latest Business News,  
Yes Bank buys over five percent stake in advisory firm IiAS

Yes Bank buys over five percent stake in advisory firm IiAS

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.

Yes Bank,   Banks in India,   IiAS,   Private banks,   Government banks,   Latest business news,  
Budget credit negative for PSU <strong>banks</strong>: Moody's

Budget credit negative for PSU banks: Moody's

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.

Moody,   Moody on PSU banks,   PSBs in India,   public sector banks,   Moody on public sector banks,   Latest Business news,  
<strong>Banks</strong> move to lending rates based on marginal cost

Banks move to lending rates based on marginal cost

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.

interest rates,   new lending rates,   banks in India,   PNB Bank,   State Bank of India,   HDFC bank,   marginal cost,   Latest Business News,  
With Stiff Targets, Running Against Time To Implement GST: Arun Jaitley

With Stiff Targets, Running Against Time To Implement GST: Arun Jaitley

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.

Arun Jaitley,   GST,   Finance Minister on GST,   privatise banks,   GST reform,   public sector banks,   Economic India Summit,   latest nation news ,  
<strong>Banks</strong> not passing on RBI policy rate benefits: Congress in Rajya Sabha

Banks not passing on RBI policy rate benefits: Congress in Rajya Sabha

03 May 2016

New Delhi: A Congress member in Rajya Sabha today said the banks were doing 'injustice' to their customers by not passing the entire reduction in key policy rate by the RBI to their customers and sought steps to ensure it.

RBI,   Congress,   Rajya Sabha,   Banks in India,   Raghuran Rajan,   India news,  
Rate cut by <strong>banks</strong> imminent: <strong>Top</strong> bankers

Rate cut by banks imminent: Top bankers

15 Jan 2015

New Delhi:  Welcoming RBI's decision to cut rates, top lenders SBI and ICICI Bank on Thursday said the much- awaited lowering of lending and deposit rates would "definitely" take place now.

ICICI Bank,   RBI,   Rate cut by RBI,   Arundhati Bhattacharya ,   SBI,  
Raghuram Rajan for more use of IT by <strong>banks</strong>

Raghuram Rajan for more use of IT by banks

24 Oct 2015

Hyderabad: The use of information technology in the Indian banking system is still quite low and the banks should use new technologies to bring down costs, Reserve Bank Governor Raghuram Rajan said here yesterday.

Raghuram Rajan on IT,   IT in banks,   IT usage in Indian banks,   Reserve Bank of India,   Governor Raghuram Rajan,   Latest Business News ,  

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