RBI may hold rates at monetary review

Reserve Bank governor Raghuram Rajan is most likely to hold key rates at the review of the monetary ...

Lessons learnt?

Banks need to do more stress tests before lending.

Union Bank’s net rises 18.5%

The Union Bank of India on Friday reported a net profit of R664 crore for the three months to June, ...

PSU banks to hit market after Oct to raise capital: G S Sandhu

State-owned banks are likely to hit the capital markets in November in a bid to meet Basel III...
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RBI Policy Review: 4 factors that can sway Raghuram Rajan
Raghuram Rajan-led RBI's review scheduled for Aug 5.
Andhra Bank’s infra bonds get AA+ rating from Crisil
Ratings agency Crisil on Thursday assigned AA+ rating to Andhra Bank’s R1,000-crore long-term infras...
Report on PSU banks’ merger to be submitted within a month
The finance ministry has asked SBI Capital Markets to prepare a feasibility report on merger and rec...
Saradha group chit fund scam: Sudipta Sen sent to judicial custody
Police did not seek his further remand for Sudipta Sen, the chairman of the Saradha Group.
To raise Rs 860 cr, Central Bank plans IL&FS stake sale
Public sector lender Central Bank of India hopes to make close to R860 crore from selling around 1 c...
Indian rupee falls to 3-month low against US dollar
The Indian rupee fell to as low as 61 per US dollar on Friday...
Cobrapost sting: NABARD chief gives clean chit to co-operative banks
RBI has maintained that no transaction has happened while the sting also does not point to money lau...
ICICI Bank net rises 17% to Rs 2,655 cr
Non-interest income provides boost even as asset quality deteriorates marginally
RBI or SEBI should create awareness against ponzi schemes: SBI
RBI...or SEBI should begin a major campaign in line with Jago Grahak Jago, says Pratip Chaudhuri.
Indian rupee tanks to 3-mnth low of 60.55 vs US dollar, down 49 p on outflows
The Indian rupee today depreciated 49 paise to close at a three-month low of 60.55.
State Bank of India suggests RBI as single regulator for all home loans
A single regulator having same rules for all players would help remove regulatory arbitrage: SBI
ICICI Bank's Q1 net profit rises 17 pct to Rs 2,655 crore, beats estimates
ICICI Bank Ltd, India's second-biggest lender by assets, reported a 17 percent rise profit...
ATM heist: India's IT sector in unwelcome spotlight
Global banks were already under pressure to step up oversight of back-office functions.
RBI seen keeping policy rate steady until Q1 2015: Poll
RBI Governor Raghuram Rajan is likely to leave key interest rate unchanged on August 5.
Indian rupee logs biggest fall in a week vs US dollar
Indian rupee commenced lower from previous close of 54.77 and immediately touched 55.00.
Indian rupee down 19 paise to 60.25 against US dollar
Rupee had gained 7 paise to close at over two-week high of 60.06 against the dollar yesterday.
Overseas business margins under pressure: SBI
State Bank of India today said it would review returns from its foreign and domestic business.
Indian rupee slumps to 3-mth low on dollar buying by state-run banks
The partially convertible rupee fell to as low as 60.57 per dollar at one point.
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