banking News

Wilful defaulter norms don’t apply to us: Kingfisher Airlines

SBI had issued a notice to the company on August 19 alleging wilful default in repayment of dues. A ...

Gujarat High Court strikes down part of RBI default noteState Bank of India too timid to act against Vijay Mallya, the 'defaulter'?
Final norms for on-tap banking licence by fiscal end, says RBI
Central bank finalising guidelines for setting up of payment banks: Deputy guv Gandhi.

SBI takes lead, pares retail deposit rates

SBI on Tuesday trimmed the interest rate on term deposits with a maturity of between one and three y...

HDFC Bank to pay Rs 15,000 compensation for 'harassing' consumer

HDFC Bank has been asked by a consumer forum to pay Rs 15,000 compensation...

SBI cuts fixed deposit rates to 8.75% from 9%

State Bank of India has become the first lender to cut deposit rates below 9 per cent.

Indian Rupee up 11 paise against dollar in early trade

The Indian rupee recovered from over one-month low by rising 11 paise to 61.02 against the dollar
Ads by Google
Don’t chase numbers in name of financial inclusion: Raghuram Rajan
As Indian banks hasten to open accounts under the government's ambitious Jan Dhan Yojna, the Reserve...
Raghuram Rajan bats for more freedom to state-run banks
Batting for greater autonomy to state-run lenders, RBI Governor Raghuram Rajan...
Tough for PSBs to hire laterally, says SBI chairman Arundhati Bhattacharya
Public sector banks find it hard to get quality talent when they hire laterally as pay scales of the...
Raghuram Rajan, SBI on same page, say crop loan waiver unhealthy
SBI chairman Arundhati Bhattacharya agreed, saying: “It (loan waiver) is a big issue as lending to ...
Raghuram Rajan chides state-run banks for engaging middlemen for loans
The restructured loans rose more than 6 per cent of the system as of the June quarter, taking the ov...
Indian rupee sees biggest one-day fall in 1-1/2 months; weak Asian units hurt
The Indian rupee hit a one-month low and saw its biggest single-day decline...
Data theft threat sees rise in cyber security insurance policies
Tata AIG, ICICI Lombard, HDFC Ergo have launched schemes offering cover against cyber risk.
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.
In hour of crisis, RBI opens line of credit, goes easy on terms
People affected by the massive floods in Jammu & Kashmir would...
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...
Indian rupee hits 1-month high against dollar, pares gains after Raghuram Rajan comments
The rupee depreciated by 32 paise to 60.97 against the US dollar...
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.
USD/INR seen opening higher tracking weak Asian currencies
Asian currencies are trading mostly weaker versus USD...
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
RBI may issue final norms on small, payments banks in 2-3 months
The Reserve Bank is likely to issue final guidelines on small and payments banks...
ATM heist: India's IT sector in unwelcome spotlight
Global banks were already under pressure to step up oversight of back-office functions.
Money laundering: RBI takes action against erring Urban Cooperative Banks
UCBs are inspected annually or once in two years depending on their ratings or classification.
Continued: 1 | 2 | 3 | »