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    1. Business News
    2. Authors
    3. bankingbureau

    Banking Bureau

    Andhra Bank targets $125 million

    Andhra Bank is planning to raise $125 million through foreign currency loans as a part of its fund raising programme,…

    By Banking Bureau
    June 19, 2008 23:10 IST
    RBI clamps down on new Sahara deposits

    The tussle between the RBI and residuary non-banking finance company SIFCL took a new turn. The central bank issued a…

    By Banking Bureau
    June 18, 2008 23:39 IST
    Societe Generale awaits RBI response for NBFC in India

    French major Societe Generale aims to undertake its private banking operations by opening a NBFC in India.

    By Banking Bureau
    June 18, 2008 21:31 IST
    FM starts interaction with PSU banks beginning tomorrow

    Finance minister P Chidambaram will start interacting from today with individual public sector banks beginning with a discussion with the…

    By Banking Bureau
    June 18, 2008 00:19 IST
    Global bond markets hit by defaults

    Through June 11, 2008, 33 companies have defaulted, affecting debt worth $38.3 billion, said an article published on Monday by…

    By Banking Bureau
    June 18, 2008 00:18 IST
    Deepak Parekh proposes real estate regulator

    HDFC chairman Deepak Parekh has advocated the need for a real estate regulator in an attempt to protect the interest…

    By Banking Bureau
    June 18, 2008 00:17 IST
    RBI bars NBFCs having Rs 200 lakh net worth from accepting deposits

    Further streamlining its norms of non-banking finance companies, RBI has barred those companies having net worth less than Rs 200…

    By Banking Bureau
    June 18, 2008 00:16 IST
    India to grow 40 times by 2050, but changes must, says Goldman Sachs

    A recent report titled ?Ten Things for India to Achieve its 2050 Potential?, released by Goldman Sachs, has indicated that…

    By Banking Bureau
    June 17, 2008 23:00 IST
    Foreign banks target newer business segments

    In a bid to perk up Indian retail operations, foreign banks are coming up with newer products for its Indian…

    By Banking Bureau
    June 17, 2008 01:19 IST
    Bankers must support the young: FM

    Union finance minister P Chidambaram appealed to bankers to shed their ‘conservative’ attitude towards lending to youngsters who are willing…

    By Banking Bureau
    June 17, 2008 01:16 IST
    SBI won?t revise rates, others may follow suit

    Looks like public sector banks are ready to spare their customers of any rate hikes for the time being. Taking…

    By Banking Bureau
    June 15, 2008 23:37 IST
    PSBs will prove to be unequal in competition: Raghuram

    Financial sector can grow tremendously both in the domestic and international market with appropriate policy changes.

    By Banking Bureau
    June 14, 2008 23:47 IST
    SBI to set up Rs 500 crore SME fund

    State Bank of India is in the process of setting up a fund with an initial corpus of Rs 500…

    By Banking Bureau
    June 14, 2008 23:47 IST
    Saraswat Bank to purchase 3 more co-op banks

    The Saraswat Co-operative Bank is planning to acquire three more co-operative banks in the country which include The South Indian…

    By Banking Bureau
    June 14, 2008 23:43 IST
    Ten-year paper touches 8.42%

    Untamed inflation and RBI?s latest 25-basis point repo rate hike pitchforked ten-year bond yields to a six-year high of 8.42%,…

    By Banking Bureau
    June 14, 2008 00:12 IST
    … issues norms on satellite communication tech

    A technical group constituted by the RBI examined the proposal made by UR Rao on the use of satellite communication…

    By Banking Bureau
    June 13, 2008 22:25 IST
    Sahara-RBI meeting remains inconclusive

    As instructed by the SC, the much-awaited meeting between Sahara officials and Reserve Bank of India (RBI) to sort out…

    By Banking Bureau
    June 13, 2008 22:21 IST
    Finally, RBI wakes up to mobile alert

    Considering that use of the mobile technology in banking industry is relatively new and due care needs to be taken…

    By Banking Bureau
    June 13, 2008 22:19 IST
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