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    1. Business News
    2. Authors
    3. bankingbureau

    Banking Bureau

    Urban co-op banks get RBI nod to take hybrid route

    In a bid to facilitate raising of capital funds by UCBs for the purpose of compliance with the prescribed capital…

    By Banking Bureau
    July 16, 2008 23:08 IST
    Walden to invest $150 m in India

    One of the top US-based VC firms, Walden International has plans to invest $ 150 million over a period of…

    By Banking Bureau
    July 16, 2008 03:15 IST
    Banks hike PLR, credit card charges

    Bank of Maharashtra increased benchmark prime lending rate by 25 bp. The new BPLR is 13.50%.

    By Banking Bureau
    July 16, 2008 03:01 IST
    HSBC moves to top slot in ?Bankers 1,000 list?

    HSBC has jumped from third to first place in the latest annual Banker magazine survey of the world?s top one…

    By Banking Bureau
    July 15, 2008 03:07 IST
    Union Bank targets 25% growth

    State-run Union Bank of India has projected a business growth of 25% for this fiscal.

    By Banking Bureau
    July 15, 2008 03:04 IST
    Axis PAT up 89%, provides Rs 225 cr for bond loss

    Despite a provision of Rs 225 crore, the new generation bank Axis Bank reported a net profit of Rs 330.14…

    By Banking Bureau
    July 15, 2008 02:54 IST
    Easier security norms for ECBs to flow in capital

    As the interest rate scenario heats up in the domestic market, the Reserve Bank of India will make it easier…

    By Banking Bureau
    July 12, 2008 22:57 IST
    S&P issues caution on sovereign ratings

    With the ongoing economic and political turmoil India?s credit profile has come under some scrutiny, said S&P?s Ratings Services in…

    By Banking Bureau
    July 12, 2008 01:45 IST
    HSBC partners CII to launch SME portal

    In an attempt to woo maximum SME clientele in its fold, HSBC India is partnering with CII to launch a…

    By Banking Bureau
    July 11, 2008 01:29 IST
    Fitch issues caution on real estate sector

    Fitch Ratings has said that the tightening bias of India’s monetary policy, together with slowing demand and growing liquidity concerns,…

    By Banking Bureau
    July 11, 2008 01:24 IST
    No change in assessment of oil prices: Reserve Bank

    There is no change in our assessment of oil prices ever since action was taken in the last monetary policy.…

    By Banking Bureau
    July 11, 2008 01:23 IST
    No change in assessment of oil prices, says RBI

    The expectations on the monsoon front is encouraging and predicted to be normal except some problems in some parts of…

    By Banking Bureau
    July 11, 2008 00:30 IST
    Indian Bank unveils touch screen kiosks for end-to-end services

    Indian Bank became the first public sector bank in India to introduce ‘Touch Screen Kiosk’ – an information portal -…

    By Banking Bureau
    July 10, 2008 23:34 IST
    HSBC kicks off open- architecture Net account

    Many banks in India are opting for alternate banking channels to garner maximum business. especially from the feeder regions of…

    By Banking Bureau
    July 9, 2008 23:31 IST
    ?Pressure on banks? retail portfolio?

    Banks were ready to cope with it for a simple reason that their fundamentals were quite strong, said the bankers,…

    By Banking Bureau
    July 9, 2008 23:30 IST
    No collateral for loans up to Rs 5 lakh to SMEs: RBI

    The Reserve Bank of India has expressed concern over the fact that banks in the country are asking for collateral…

    By Banking Bureau
    July 9, 2008 23:26 IST
    MTM losses in G-Sec portfolio haunt banks in first quarter

    As prices of 10-year bonds continue to crash, thanks to rising interest rates, banks are getting ready to book mark…

    By Banking Bureau
    July 9, 2008 23:14 IST
    Inflation, debt waiver & credit growth to figure in IBA-RBI meet today

    Chiefs of major banks are meeting Rakesh Mohan, deputy governor, Reserve Bank of India to discuss the pressing issues of…

    By Banking Bureau
    July 8, 2008 23:25 IST
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    A boss gave his employee a last-minute task over the weekend. When the employee said he didn’t have his laptop, the boss told him to go to the office and finish the report.

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