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    1. Business News
    2. Authors
    3. bankingbureau

    Banking Bureau

    Bank penetration needs more branches, employees: E&Y

    A report on banking sector consolidation by E&Y estimates that the banking sector in the country would require several more…

    By Banking Bureau
    August 2, 2008 23:00 IST
    FM asks banks to raise CASA deposits

    Even as banks have begun raising lending rates by 50 to 100 basis points following the RBI?s decision to raise…

    By Banking Bureau
    August 2, 2008 22:58 IST
    Castrol India PAT up 26% for June Q2

    Castrol India Ltd has posed a net profit increase of 26% at Rs 82.8 crore for the quarter ended June…

    By Banking Bureau
    August 2, 2008 01:08 IST
    Foreign reserves fall $504 m, money supply grows by 20%

    Foreign-currency assets declined by $502 million to $296.9 billion during the week, said the Reserve Bank of India in its…

    By Banking Bureau
    August 2, 2008 00:52 IST
    RBI set to give a fillip to electronic payment system

    The Reserve Bank of India has charted a plan to give a major push to the electronics payment system by…

    By Banking Bureau
    August 2, 2008 00:49 IST
    SBI Life emerges no 2 domestic life insurer in Q1

    While ICICI Prudential Life Insurance, with a total premium mobilisation of Rs 1,590. 27 crore, retained its top slot, Bajal…

    By Banking Bureau
    August 1, 2008 01:09 IST
    Retail loan NPAs likely to touch 4% in ?09: Crisil

    Leading rating agency, Crisil anticipates that the ongoing downturn the gross non-performing assets in the retail loan portfolio ? currently…

    By Banking Bureau
    August 1, 2008 01:00 IST
    ICICI Bank, HDFC raise home loan rates by 75 bps

    Major mortgage lenders ICICI Bank and HDFC raised their rates by 75 basis points on Tuesday, after the RBI hiked…

    By Banking Bureau
    August 1, 2008 00:45 IST
    Prudential norms for debt waiver scheme

    The amount outstanding in the accounts covered by the debt relief scheme shall be treated as a claim on the…

    By Banking Bureau
    July 31, 2008 23:49 IST
    Banks fall in line: home, auto loans to be dearer

    The inevitable has begun. A day after the Reserve Bank of India hiked both the repo rate and the cash…

    By Banking Bureau
    July 31, 2008 00:55 IST
    Liquidity to be squeezed further, bond yields surge

    The domestic money markets have gone for a toss after the Reserve Bank of India announced a 50 basis point…

    By Banking Bureau
    July 30, 2008 23:09 IST
    Home loan rates, delinquencies may rise

    Even as most of the bankers have indicated a possible hike in their lending rates in the near future, out…

    By Banking Bureau
    July 30, 2008 23:07 IST
    RBI revises FY09 GDP forecast to 8%

    Signalling a gradual slowdown of the economy in view of a tighter monetary policy, the Reserve Bank of India has…

    By Banking Bureau
    July 30, 2008 23:06 IST
    RBI steps up inflation crusade

    Life for the EMI-hit borrower just got tougher. Sharpening its ongoing attack on inflation, the Reserve Bank of India hiked…

    By Banking Bureau
    July 30, 2008 03:15 IST
    Banks instructed to fall in line

    Sounding a clear warning, RBI said it would consider supervisory review of those banks that are over-extended in terms of…

    By Banking Bureau
    July 30, 2008 02:44 IST
    UBI Q1 net dips to Rs 42.54cr

    Kolkata-based United Bank of India has reported a total business of Rs 71,967 crore for the quarter to June 30,…

    By Banking Bureau
    July 30, 2008 02:21 IST
    RBI hints at hawkish position; rate hike obvious, says finsec

    Hinting at tough measures over time to tackle double-digit inflation, which has touched 11.89%, the Reserve Bank of India has…

    By Banking Bureau
    July 29, 2008 03:20 IST
    Bank of India Q1 net up 78%

    Riding on change of portfolio in a right manner and clear focus on mark-to-market management, the net profit of state-run…

    By Banking Bureau
    July 29, 2008 03:13 IST
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