• Current Issue
    Issue Dated Sep 7 2015
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  • Current Issue
    Issue Dated Sep 7 2015
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The Reserve Bank of India (RBI) issued draft guidelines on Tuesday (01 September) for its proposed plan to change how banks calculate their lending rates, which would make them more responsive to
The Reserve Bank of India (RBI) listed State Bank of India and ICICI Bank as the country's two "systemically important banks", lining them up for tougher supervision to avoid collapses that would r
After repeated chiding by RBI chief Raghuram Rajan on banks not passing rate cut benefits to consumers, HDFC Bank today lowered its base lending rate by 0.35 per cent to 9.35 per cent -- the lowest
There is a better than even chance that the Reserve Bank of India (RBI) will cut interest rates at its policy meeting on 29 September thanks to inflation striking a record low, according to a Reute
The Rs 20,000-crore private security industry in general, and the ATM security sector in particular, is in for a big churn if plans of the Kerala-based Muthoot Pappachan Group to meet their safety
Indian mobile technology firm, ACL Mobile, marked 1 billion messaging per month, in July 2015 with a whopping volume of 1,066,293,731 messages.
InfrasoftTech, digital solutions firm for BFSI, has launched QRys (read as Curious) to simplifies contactless payments using QR codes and NFC enabling card-less payments with high security.
With inflation under control, lending rates will gradually come down as India is moving towards softer interest rate environment, largest private sector lender ICICI Bank CEO Chanda Kochhar said
With the enactment of the Insurance Laws (Amendment) Act, 2015 ("Insurance Amendment Act"), there has been a perceptible increase in interest in the insurance sector.
There is no secret to maintaining a good credit score. Paying your bills on time, every time, staying at a good distance from your credit limi, writes Ranjit Punja
Despite the Free Trade Agreement talks with the European Union being in limbo, India has received an impressive $24 billion in Foreign Direct Investment from the 28-nation bloc over the last three
Over 100 CFOs from the city participated in the prestigious event, reports Suchetana Ray
Banking For A $20-trillion Economy
Rana Kapoor lists the developments which will shape the banking industry in India’s journey towards a $20- trillion economy
RBI’s new scheme to reign in errant promoters is solid on paper, but it may not work in the real world in its current avatarBy Raghu Mohan
The United States Department of Justice is investigating trades worth billions of dollars that Germany's Deutsche Bank AG made on behalf of its Russian clients, Bloomberg reported, citing people
IDBI Bank has launched its first self service Mini Branch Kiosk at its Cuffe Parade, Mumbai Branch.
Will Reserve Bank of India (RBI) governor Raghuram Rajan spring a surprise by cutting the repo rate 25 basis points in its monetary policy review on Tuesday (04 August)?
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


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