The going may not be good for the banking industry during the current financial year. With the government and Reserve…
The government may give its nod to bank employees to opt for pension in lieu of provident fund.
Regional rural banks are stand to lose Rs 400 crore annually due to the mandatory cash reserve ratio that they…
Different state laws relating to sales tax and stamp duty have made it difficult for banks and financial institutions to…
The annual addition to the pension kitty under the new pension system will go up by Rs 3,000 crore if…
Banks and financial institutions have settled non-performing assets of about Rs 3,000 crore in 2007-08 through the auction route, which…
Talks between Indian Banks? Association and trade unions, aimed at ironing out differences over critical issues, have failed.
Private equity funds have been increasingly focusing on Indian private sector banks, as the 2009 deadline for further liberalisation in…
The UPA government has brought little cheer to the financial sector. Pending reforms in the financial sector including pension, insurance…
Insurance majors are likely to get a breather with the Insurance Regulatory and Development Authority and the government set to…
The State Bank of India and State Bank of Saurashtra merger is unlikely to take off at least till the…
The Rs 60,000-crore farm debt relief package may also be extended to wipe off the bad assets of banks arising…
The increase in the exemption level in personal income tax is likely to put pressure on inflation during 2008-09.
The government?s ambivalence towards private life insurance?brought on by the Left?s opposition to further opening up of the sector to…
The government may be forced to offer another option to public sector bank employees, allowing them to move to pension…
The Rs 60,000-crore farm loan waiver package may not bring cheer to all farmers. Those growing plantation crops like coffee…
Union Budget 2008-09 has not spelt out any concrete measure, which will boost long-term investment.
The government?s assets are likely to increase 7.38% in 2008-09 to Rs 17,12,037 crore from Rs 15,85,544 crore in 2007-08.
