Flush with liquidity, SBI cuts short-term deposit rates again

Third cut in as many months; rate for deposits between 7 and 45 days now 5%

Non-food credit growth improves slightly to 11.16%

Banks’ non-food credit grew 11.16% y-o-y to R61.2 lakh crore in the fortnight...

Moody’s retains negative outlook on banks

Credit rating agency Moody’s on Wednesday retained its negative outlook...

Festive season boost: Uco Bank clocks 67% y-o-y growth in retail lending

Public sector lender Uco Bank has clocked more than 67% year-on-year growth...
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Indian rupee down 19 paise against US dollar in early trade
The rupee depreciated by 19 paise to 61.54 against the US dollar in early trade at the Interbank....
Moody's says negative on Indian banks as corporate leverage high
Moody's says negative on Indian banks as corporate leverage high...
Indian rupee dips for 3rd straight day, ends at over 1-wk low vs US dollar
Ahead of US Federal Reserve policy meeting outcome, Indian rupee today dipped three paise ...
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.
State Bank of Hyderabad profit rises 91%
State Bank of Hyderabad (SBH) posted a 91% increase in net profit for the quarter...
Editorial: Not just the bank chiefs
Problem with PSU banks runs far deeper
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...
No plans as of now to raise fresh funds: Umesh Revankar, MD & CEO, STFC
Shriram Transport Finance Corporation (STFC) registered an...
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.
UBS posts higher profit despite legal costs
Swiss bank UBS reported on Tuesday that its third-quarter profit increased 32% even as it took...
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
Plan to grant bank licences to companies poses risks: Standard & Poor's
Rating agency cites possibility of new entrants not adhering to loan standards
ATM heist: India's IT sector in unwelcome spotlight
Global banks were already under pressure to step up oversight of back-office functions.
NRI investors take ICICI Venture to court over losses
A group of 69 NRIs who invested $34.7 million in Dynamic India...
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 extends losses vs US dollar, down 8 paise
The Indian rupee extended losses for the second consecutive day against the American currency, slipp...
Overseas business margins under pressure: SBI
State Bank of India today said it would review returns from its foreign and domestic business.
Indian rupee seen rangebound ahead of Fed meet
Indian rupee seen rangebound compared with Monday's close of 61.30/31.
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