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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,  
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> 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,  
<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,  
Goa BRICS 2016: Countering Terrorism Amongst <strong>Top</strong> Issues In Summit

Goa BRICS 2016: Countering Terrorism Amongst Top Issues In Summit

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.

Goa BRICS 2016,   Countering Terrorism,   BRICS,   Pakistan,   India ,  
July 2016: <strong>Top</strong> 10 Selling Cars

July 2016: Top 10 Selling Cars

08 Aug 2016

The auto industry witnessed positive movement in July, on the back of a good monsoon prediction. While the country’s leading carmaker Maruti Suzuki registered close to 14 percent YoY growth, its closest competitor Hyundai also witnessed 12.9 percent rise in its sales.

Cars,   Cars in India,   Automobile,   Automobile industry,   Honda,   Maruti,   Automobile news,  

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