Banking & Finance

Now, pay Rs 20 for more than 3 ATM uses at SBI, HDFC Bank, Axis

New limits and rates will be applicable to transactions done in Mumbai, New Delhi, Chennai, Kolkata, Bangalore and Hyderabad.

NAVs below launch value open up good entry point for gold funds

Gold demand in India is price elastic, which means that when the prices come down, Indians line up to buy gold.

Now pay Rs 20 for more than 3 ATM uses at SBI, HDFC Bank, Axis

Banking consumers will have to pay more if they are prolific with ATM transactions.

Gold jewellery, coins exports jump 22 pc in Apr-Sept

Of total gold exports, jewellery was worth Rs 27,530 crore and coins/medallions were worth Rs 6,064 crore.

Take a look: Five world markets themes in the coming week

Five big themes likely to dominate the thinking of traders and investors in the coming week...

Central Bank back in black with Q2 profit

Public sector lender Central Bank of India on Saturday reported a net profit...

Indian rupee down 26 paise to 3-1/2 week low of 61.62 against US dollar

The rupee continued to fall against the American currency for the second consecutive week...

RBI unlikely to relent to India Inc’s rate cut call

Finance minister’s recent call to lower rates has revived expectations for cut in interest rate.

SBI turns to local snoops to sniff out defaulters’ properties

Under pressure to recover money owed to it, State Bank of India (SBI) has...

DRTs give too much leeway to borrowers

Bankers have always maintained that although debt-recovery tribunals (DRTs)...

United Bank posts Rs 43-cr profit

Public sector lender United Bank of India on Friday reported a net profit of Rs 43.80 crore...

Bank of Maharashtra net quadruples to Rs 163 crore

Bank of Maharashtra (BoM) saw its net profit quadruple in the September quarter...

Maharashtra State Cooperative Bank sanctions Rs 3,135 cr to mills

Working capital for 30-odd sugar factories with positive net worth

HDFC Bank slips after MSCI exclusion

RPower, RCap & JP Associates lose 3.5% each intra-day

Indian rupee down 13 paise against dollar in early trade

Indian rupee trades at 61.51 versus...

Three-fourths of Jan-Dhan accounts hold zero deposits

Officials argue that opening of bank accounts is more important and savings will pick up gradually.

Magma Fincorp to exit gold loan business

Asset finance company Magma Fincorp on Thursday said it has decided to exit the gold loan business with immediate effect.

Indian Bank net increases 2.8%

Indian Bank has posted a 2.8% increase in net profit to Rs 314.33 crore for the quarter ended September 30.

Canara Bank net flat at Rs 627 cr on higher provisioning drag

Canara Bank’s net profit remained flat for the September quarter at Rs 626.84 crore.

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.

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...

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

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...

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....

Franklin Templeton Investments to launch open-end fund scheme

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

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

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...

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