http://www.rupeetimes.com/news_advice/personal_loan Personal Loan News & Advice from rupeetimes.com (C) 2007 rupeetimes.com Fri, 19 Mar 2010 10:52:32 +0530 Public sector lender, United Bank of India is on negotiation terms with many asset reconstruction companies (ARCs) to sell a portion of its bad loans so as to clean up its loan book, said a top official of the bank.The bank, headquartered in Kolkata plans to sell bad loans worth Rs. 100 crore by the... http://www.rupeetimes.com/news/personal_loan/ubi_plans_to_dispose_off_rs100_crore_worth_bad_debts_3359.html 12345678903359 Fri, 19 Mar 2010 10:22:18 +0530 The Finance Ministry officials as well as RBI officials are to meet today in order to discuss the technological models of financial inclusion so as to spread banking to unbanked areas."Tomorrow, we are going to sit with RBI to finalize what are going to be the various technologies which we will be u... http://www.rupeetimes.com/news/personal_loan/discussion_on_financial_inclusion_between_ministry_and_rbi_today_3358.html 12345678903358 Thu, 18 Mar 2010 11:42:19 +0530 Police officials have nabbed another party of crooks involved in a fraud worth crores of rupees. Seven people have been arrested in the case that has taken place in the National Capital Region (NCR). Most of them are bank officials. The gang has been accused of withdrawing money from other peoples'... http://www.rupeetimes.com/news/personal_loan/another_bank_fraud_story_unfolds_banking_officials_involved_3356.html 12345678903356 Thu, 18 Mar 2010 10:20:07 +0530 The Government has declared that it is up to the Board of Directors of Life Insurance Corporation (LIC) to decide whether they want a banking license or not."The LIC board will have to decide that first. Let the board decide, discuss and debate whether LIC should get into the banking business or not... http://www.rupeetimes.com/news/personal_loan/government_leaves_decision_for_bank_license_with_lic_board_3353.html 12345678903353 Wed, 17 Mar 2010 10:57:21 +0530 Banks have received warning against strict action that would be taken if they do not sanction loans to unemployed youth under the Prime Minister's Employment Generation Programme (PMEGP). The warning has been generated by Jharkhand Deputy Chief Minister, Shri Raghubar Das.Prime Minister's Employment... http://www.rupeetimes.com/news/personal_loan/jharkhand_to_take_strict_action_if_loans_not_sanctioned_to_unemployed_youth_3347.html 12345678903347 Tue, 16 Mar 2010 11:46:49 +0530 The largest public sector lender of the country, State Bank of India is planning to open bring 1000 branches in rural and semi urban areas of the country in the upcoming financial year."During this financial year, till now we have opened about 600 branches in rural and semi-urban areas, and next (fi... http://www.rupeetimes.com/news/personal_loan/fy11_to_see_1000_sbi_branches_for_semi_urban_areas_3344.html 12345678903344 Mon, 15 Mar 2010 10:15:20 +0530 The year ended in 2009 saw an increase in banks' NPAs by 30% as compared to the previous year. The rise has been due to stress in many sectors and farm loan waiver which led to a step decline in the profits of banks. The banks also could not take efficient measures to curb the exposure on sectors th... http://www.rupeetimes.com/news/personal_loan/rising_npas_put_banks_on_high_alert_3333.html 12345678903333 Fri, 12 Mar 2010 11:52:11 +0530 State Bank of India is moving ahead firm and steady with its expansion plans all over the country. The bank plans to reach a target of 1000 branches in the Chandigarh circle in the upcoming fiscal.SBI Chief General Manager (Chandigarh Circle) S K Sehgal said that the bank has around 875 branches in... http://www.rupeetimes.com/news/personal_loan/chandigarh_circle_likely_to_receive_1000_sbi_branches_3331.html 12345678903331 Fri, 12 Mar 2010 09:44:39 +0530 The Reserve Bank of India has been keen to spread financial education programs at both school and college levels in different parts of the country. While it ahs already started off with its mission in Karnataka as a pilot study, it also wishes to extend the program to Orissa.The Central Bank wants t... http://www.rupeetimes.com/news/personal_loan/rbi_enthusiastic_for_spreading_financial_education_programs_3325.html 12345678903325 Thu, 11 Mar 2010 10:49:28 +0530 In its drive towards increasing the volume of business, India's largest public sector lender, State Bank of India has shown plans of setting up 25 more branches of the bank in Assam this year. Along with the set up of new branches, the bank also would be increasing its ATM strength.Chairperson of SB... http://www.rupeetimes.com/news/personal_loan/assam_to_get_25_more_branches_from_sbi_3320.html 12345678903320