Banking & Finance

RBI: A cut in time saves nine

Delay in cutting interest rates would imply that the RBI is looking to bet on a horse after it has won the race.

RBI: A cut in time saves nine

SBI’s credit card division fined Rs 15,000 for threatening calls

SBI Cards and Payment Services Pvt Ltd has been asked by a consumer forum to pay Rs 15,000...

SBI’s credit card division fined Rs 15,000 for threatening calls

Weak corporates financial health affecting banks’ asset quality: Moody’s

The asset quality of state-owned banks will continue to be burdened by weak financial...

Moody's News

Indian Bank 2nd quarter net profits marginally jumps to Rs 314.33 Crore

Public sector Indian Bank has reported a marginal increase in net profit...

Banking & Finance News

Dollar keeps marching higher, Euro cowers as ECB looms

The dollar kept marching higher on Thursday in anticipation of a strong U.S. payrolls report....

Banking & Finance News

Franklin Templeton Investments to launch open-end fund scheme

Franklin Templeton Investments (India) will tomorrow launch an open-ended funds scheme....

Banking & Finance News

Union Bank slashes interest for medium cos by up to 3.75 pct

State-run lender Union Bank of India today reduced interest rates for medium enterprises...

union budget, banking stocks News

Govt to revive 23 district co-op banks, to infuse Rs 2,375 cr

Government on Wednesday decided to infuse Rs 2,375.42 crore to revive 23 District Central Cooperative Banks...

Banking & Finance News

Indians bank heavily on financial services firms: Survey

More than half the netizens in India are early adopters of technology and have highest loyalty...

Indians bank heavily on financial services firms: Survey

Nobel-winning economist backs Raghuram Rajan’s RBI anti-inflation policy

Nobel laureate economist Finn Kydland today supported Reserve Bank Governor Raghuram Rajan's...

Banking & Finance News

Private insurers outpace market

The state-owned insurer Life Insurance Corporation’s collections fell 5% y-o-y.

Banking & Finance News

Union Bank thinks small, cuts rates for MSME advances

Union Bank on Wednesday said it was slashing rates by as much as 200-375 basis points for such customers.

union bank q4 News

Rouble rubble: Weakest link in BRICS posts 25% YTD fall

Global crude oil prices have plunged more than 21% so far in 2014

Rouble rubble: Weakest link in BRICS posts 25% YTD fall

Muthoot Fin Q2 net falls 19% to R171 crore

Gold loan NBFC Muthoot Finance reported a 19% y-o-y fall in the net profit at Rs 171 crore for the quarter ended September.

Muthoot Fin Q2 net falls 19% to R171 crore

Adverse regulatory changes have hurt growth: Oomem K Mammem, Muthoot Finance

Oomem K Mammem is of the opinion that the new RBI guidelines for NBFCs won’t impact the gold loan market.

Adverse regulatory changes have hurt growth: Oomem K Mammem, Muthoot Finance

Rupee finishes almost flat at 61.41 against US dollar

The Indian rupee today ended almost flat at 61.41 against the Greenback.....

deposit rates News

Indian-origin entrepreneur Rajesh Agrawal launches Xendpay unique remittance service

India is the largest recipient of remittances in the world, with USD 71 billion sent last year.

Banking & Finance News

Indian rupee gains 6 paise against dollar in early trade

The rupee strengthened by six paise to 61.34 against the US dollar in early trade today at the Interbank Foreign Exchange...

Foreign Exchange, Sensex, BSE, currency, Equity Markets, Rupee, paise, Forex, US Dollar News

Column: Is RBI targeting NEER?

Support for the Nominal Effective Exchange Rate seems to have moderated, but is likely to resume

Column: Is RBI targeting NEER?

Banks CDR book to balloon by up to Rs 1 trillion by March: Report

India's banking system is likely to witness a surge in restructured assets by a whopping....

Banking & Finance News

Punjab National Bank asked to pay Rs 25,000 for harassing senior citizen

A bank has been asked by a consumer forum to pay a compensation of Rs 25,000 for "harassing" ...

punjab National Bank axis bank News

Banking, finance firms to spend Rs 47,000 crore on IT this year

IT spending by banking and financial securities firms is expected to grow by over 10 per cent to Rs 469 billion or around Rs 47,000 crore this year, research firm Gartner said today. “Indian ban

debt, debt trap, loans, good loan, bad loan, financial knowledge, personal loan, money, personal finance news, financial awareness News

Time ripe for RBI Governor Raghuram Rajan to trim repo rates

A whopping 18% fall in crude oil price will not just help narrow India's twin deficits but also help arrest inflation.

Banking & Finance News

Time ripe for a cut

RBI aims to bring down inflation to 8% by January 2015 and 6% by January 2016.

Time ripe for a cut

Rupee depreciates four paise vs US dollar to end at 61.40

The Indian rupee today depreciated by four paise to close at 61.40...

Fii, FDi, overseas investors News

Bank of India Q2 net profit up 26% at Rs 786 crore

State-run Bank of India (BoI) today reported 26.41 per cent growth in net profit at Rs 786 crore...

bank of india News

ABN Amro Bank to pay Rs 25,ooo to client

A consumer forum here has directed ABN Amro Bank to pay Rs 25,000 compensation...

Banking & Finance News
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