• Current Issue
    Issue Dated Aug 10 2015
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  • Current Issue
    Issue Dated Aug 10 2015
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ICICI Bank Ltd, India's biggest private sector lender by assets, reported a marginally better-than-expected 12 per cent rise in quarterly profit and said its bad-loan ratio fell sequentially, sen
India's second-biggest state-run lender by assets Bank of Baroda forecast growth in troubled loans to slow in the coming quarters due to its moves to curb risk, as it posted a quarterly profit that
Punjab National Bank (PNB), India's fourth-largest state lender by assets, could take control of some of the country's most heavily indebted steel companies and sell them on as part of a restruct
Bank of Bhutan has selected TCS BaNCS for its Core Banking Solution to power its next generation banking services.
Union Bank of India, the nation's sixth-biggest state-run lender by assets, reported a smaller-than-expected 22 percent fall in quarterly profit even as bad loans rose.  
IDFC Ltd said on Friday the Reserve Bank of India had granted banking licence to the financial company, making it the second lender to enter the banking sector after more than a decade.
Like many others, I too was taken in by the swanky exteriors and glib talk of many a foreign, private bank.
Under pressure to do more to cut a $49 billion mountain of bad debt, India's state-owned banks are reversing years of lax recovery efforts, naming and shaming smaller borrowers and even using big
Indian state-run banks need aggressive capital infusion, writes Anil Agarwal
Basel-III calls for tonnes of capital to fuel state-run banks, but not all of it can come from the Centre given the state of fisc.
HDFC Bank Ltd, India's second-biggest private sector lender by assets, reported a smaller-than-expected increase in first-quarter profit due to higher provisions for bad loans.
Aweek after Union finance minister Arun Jaitley inaugurated a seminar in Mumbai on agrarian distress, there came a strike call from a clutch of banks which were set up to service rural India.
Beijing may have averted a crisis in its stock markets with heavy-handed intervention, but the world's biggest corporate debt pile - $16.1 trillion and rising - is a much greater threat to its sl
Barclays Plc plans to cut more than 30,000 jobs within two years after firing Chief Executive Antony Jenkins this month, The Times reported on Sunday.  
The Reserve Bank of India (RBI) has asked the public not to write on the watermark window of banknotes as it bears an important security feature which differentiates it from a fake note.
International banks and most insurers are likely to steer clear of dealing with Iran for some time, fearing they could face more fines from U.S.
Yes Bank has received approval from RBI to set up IFSC Banking Units (IBUs) in Gujarat International Finance Tec (GIFT) city.  
Indian banks should consult each other and jointly decide on the timing to raise fresh capital from the market, Reserve Bank of India Deputy Governor R. Gandhi said on Tuesday (14 July).
Hiring activities in sectors like accounting and finance industry has seen an increase according to a new survey.
The Reserve Bank of India aims to drain money markets of excess liquidity to counter inflationary pressures arising from higher government spending, according to policymakers, though it could ham
The science of customer relationships is simple - the value you get is proportionate to the value you give, says Sanjay Gupta
Future Now: Bank On Your Wrist
At-a-glance banking ease on smartwatches is here
Former Goldman Sachs Group Inc director Rajat Gupta failed to persuade a U.S.
Dena Bank has cut interest rates to 10.5%, reports Haider Ali Khan
India has the third largest internet user base in the world, after the US and China, and the country is likely to surpass the US by 2015, says Richard Canday
It’s always better to lock in funds at current rates to benefit out of the falling interest rates, says Sunil Dhawan    
India is drawing up a comprehensive package to help state-run banks, Minister of State for Finance Minister Jayant Sinha said on Wednesday, as part of efforts to nurse them back to health and imp
Deutsche Bank's co-chief executive Anshu Jain may have "knowingly made inaccurate statements" to Germany's Bundesbank during investigations into manipulation of the inter-bank rate setting proces
No Guns, No Roses
Not a fortnight passes by without a snippet -- at least -- on how a bank was left red-faced as cash was fed into its automated teller machine (ATM). That is some Danny Ocean walked away rich.
Federal Bank launched the all new version of FedMobile, the Mobile Banking App of the Bank.


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