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Articles found for "Banks"
March 19, 2010
Banks show sluggish trend of capital raising regime before FY’11
12 banks perform below set target as per PMEGP
UBI plans to dispose off Rs.100 crore worth bad debts
Discussion on financial inclusion between Ministry and RBI today
New directive for banking licenses to come up in 3 months: RBI
March 18, 2010
Another bank fraud story unfolds: banking officials involved
Deposit rates hiked by Indian Overseas Bank
Centre gives nod to public sector banks entering non banking sector
16% credit target of RBI forces banks to lower lending rates
March 17, 2010
Base rate system may sweep priority sector crowd towards commercial papers
SBI stands out as chart topper in list of advance taxpayers this year
Jharkhand to take strict action if loans not sanctioned to unemployed youth
Financial inclusion brings remote areas on banking platform
March 16, 2010
FY’11 to see 1000 SBI branches for semi urban areas
LIC Housing Finance to augment its loan base
Top 5 banks in Asia Pacific for loan syndication include 4 from India
Q4 observes a surge in advance tax payment
Central Bank plans complete buyback of mortgage finance subsidiary
IT and banking tie wedlock: PNB to open IT subsidiary
More disclosure needed on NPAs: RBI
March 15, 2010
Govt likely to pick RBI’s stake in NABARD
Muthoot drops banking aims; moves into housing finance wing
Allahabad Bank CMD says Indian market flush with liquidity
Rising NPAs put banks on high alert
March 12, 2010
Chandigarh circle likely to receive 1000 SBI branches
Credit cards no more free for ICICI
Uco Bank joins hands with Hyundai Motors India
SBI grabs the biggest chunk in home loan platter
Cheer time for savings account holders unfolds on 1st April
Framework for setting more private banks to start from April
RBI enthusiastic for spreading financial education programs
March 11, 2010
Another Rs. 130k crore to be lent by banks to meet the 16% target of RBI
Banks experience spout in credit flow as the year approaches end
Banks in Punjab come to aid the farmers trapped in the clutches of money lenders
Tamil Nadu votes in for financial inclusion plans of RBI
Assam to get 25 more branches from SBI
IIM-A observes salary hike; ICICI and Yes Bank pose as largest recruiters
March 10, 2010
BPLR or Base rate?? Which is better…?
Another credit card fraud: 3 Nigerians and 2 Indians nailed
SEBI bans promoters of Bank of Rajasthan
Banking secretary says Rs. 9500 crore to be infused into banks in 1st quarter
Public sector banks harbor capital raising intentions
SBI plans to keep govt stake intact and go for rights issue
Base rate to be implied on priority sector or not
March 9, 2010
CBDT says no tax on provision for interest on fixed deposits
Banks on hiring expedition this fiscal
Recapitalization may upgrade govt banks in international rating charts
Financial services companies salute women on Women’s day
RBI thinks globally regarding bank licenses
Base rates shift base from April to July
March 8, 2010
SBI finalizes top three candidates for Point of Sale joint venture
RBI panel brings up easy credit for small businesses
LIC also in race for bank license
Base rate system puts a question mark on home loans
Credit limits slashed by one tenth by ABN Amro
Bank of Rajasthan to undergo exclusive audit: RBI
March 5, 2010
Public sector banks to receive Rs. 35000 crores from the Centre
10 years later: Australia’s ANZ gets entry passage to India
IDBI Bank to raise capital worth Rs. 300 crore through perpetual bonds
Season for teaser loans evanishes for ICICI, HDFC and Kotak Mahindra Bank
Banks seek flexibility for switching to base rate system
March 4, 2010
Oil giant Aban offshore requests SBI and PNB for moratorium on short term loans
SBI planning to raise the number of recruitments
Banks hike bulk deposit rates as a means to meet targets
Andhra Bank rates amongst the best in asset quality
Citibank innovates with Mobile ‘contactless’ payment program
Need for more banks in India
March 3, 2010
Budget 2010 plans capital infusion for RRBs
New banks may have to cater to rural India only
Twelve executive directors for PSU banks identified by the govt.
Public sector banks on for a facelift
Handle your credit card with care
March 2, 2010
Asian Development Bank grants $300 million loan for MSMEs
Pre penalty if abolished may result in banks burdening customers: RBI
Private sector banks to make a return to the automobile finance market
SBI to benefit the most from government’s decision on farmers’ loan repayment schedule
HSBC India records 44% decline in profits
RBI may have to set strict banking license norms
February 26, 2010
Bank of Rajasthan penalized by Rs. 25 lakhs for violation of rules
Banks lose Rs. 5, 500 crore on account of frauds in the last four fiscals
Rating agency forecasts NPAs on advances to rise by 3.75%
After HDFC, it is ICICI’s turn to increase deposit rates
Banks attracting customers again with high deposit rates
February 25, 2010
Credit card companies back in play
Public banks still vacant with 22,000 posts despite job drive
Chura chandpur village linked to ATM service by RBI
Oriental Bank of Commerce estimates profits to cross Rs.1000 crore this year
Banks target small town clients as a move towards private banking
Axis Bank innovates with secure mobile payment service
February 24, 2010
Time for savings account holders to cheer up
RBI moves ahead to spread awareness against currency frauds.
Banks receive relief as Supreme Court refuses to remove stay order on high interest rates.
Banks conjure RBI for clarity on old home loan rates
RBI to come up with rules for credit card bills.
ICICI Bank forecasts 15 % credit growth in 2010-11
February 23, 2010
PNB comes up with biometric ATMs: a step ahead towards financial inclusion
Credit card complaints increased by 74% in 08-09: Banking Ombudsman
Karnataka Bank includes student card into its product kit.
Improvised security measures for cheques: RBI
PNB sets ambitious target of Rs. 10 lac crore business by 2013
February 22, 2010
Citibank plans to infuse major capital in India by March
Deposit rates may not increase for SBI till May –June
HDFC Bank’s fixed deposit rates increase
ABN Amro decides closure of personal loan and credit card segment in India
SBI transaction time speeds up with the core banking technology
February 19, 2010
Get the basics right before applying for an education loan
February 15, 2010
For what purpose do you want to invest in an FD?
January 27, 2010
Do rising NPAs reflect an ailing banking sector?
January 18, 2010
Raju and the Magical Goat
January 12, 2010
Identify the cheapest home loan offer
January 5, 2010
Home loan rates likely to remain stable
Centre directs Banks to finalise 2010-11 strategy by Feb
RBI gives nod to private cos to set up LABs
Union bank increases deposit rates
Banks play safe in terms of credit cards
Hyundai Motors enter a strategic alliance with Indian Bank
Fetch higher interest rate on your savings account
SBI revises rates on non-resident deposits
Reason to rejoice for ICICI bank employees
PNB alters interest rates on non-resident deposits
SEBI permits banks to accept ASBAs
40,000 vacancies in PSU banks
December 31, 2009
PNB expects 18 percent growth this fiscal
Bank deposits shrink due to advance tax payments
Banks against RBI’s plan to replace BPLR based loans
RBI again seeks details regarding MF exposure of banks
Indian banks loan rise by 11.25 percent
December 30, 2009
Banks reluctant in disbursing education loans
Banks witness a decline in retail loans
ICICI bank in year 2009
Government banks fare well in terms of customer service
Yes Bank employee accused of forgery
December 29, 2009
Banks consider selling part of their NPAs
Axis bank collaborates with Honda Siel
Andhra bank: A good option to bank with
Rates to remain stable: SBI
December 28, 2009
Evaluate Hidden costs before buying a house
December 24, 2009
Bank of India to announce 8% home loan offer
RBI extends deadline for banks to comply with MF norms
ICICI sells its network of card payment terminal
Banks demand freedom regarding pricing of loans
World Banks grants loan worth $100 mn for poverty alleviation
PNB axes penalty on premature withdrawal
December 22, 2009
Planning to invest in a bank FD? Think again
Reducing excessive surplus should be top most priority: Rangarajan
Corporates may issue bonds: banks to stay away
Citibank launches ‘CitiHome One’
Indian businesses seek options other than bank loans
Cheer for used car sellers
December 21, 2009
Bankers expect rate hike in 2010
Pick up in realty urges banks to shift to home loans
OBC to open branches in Honk-Kong, Africa
More focus to be laid on priority sector lending
December 18, 2009
Loan waiver for farmers in WB
Syndicate bank plans to acquire Bharti’s stake
Barclays reminding non-customers for credit card dues
SBI signs an MoU with GM
December 17, 2009
SBI gets IRDA’s consent for general insurance
IRDA may allow banks to sell policies of multiple insurers
Home loans should be limited to Rs. 5 lakh: Ministry
Apex bank seeks details regarding MF exposure
Manage your FD in a better way
Strike obstructs smooth functioning of banks
December 16, 2009
Inflation may adversely impact banks
SBI consults Mckinsey to prevent attrition
Home loan segment fares well
Credit card defaults rise to 17 percent
Bankers to go on strike today
December 15, 2009
Banks may be freed from adhering to KYC norms
DHFL follows peers by offering low interest rate home loans
UBI to set up 11 branches in un-banked Gram Panchayats
Assocham says consolidation of banks necessary
Inflation likely to touch 8 percent by March
December 14, 2009
Law makers to soon put checks on high interest
Banks favour bond route to suck out excessive liquidity
ICICI bank to concentrate on home loans
Bank staffs to go on strike on December 16
LAP or personal loan: Which one to choose?
RBI may soon frame a rule for raising funds by corporate
Circulation of fake currency notes on rise
December 11, 2009
Banks perform badly in terms of loan disbursements
IBA may soon introduce uniform floating rates
HSBC to buy select assets of RBS
RBI may restrict banks to increase exposure in MFs
ECB tightening may lead to dearer loans
Allahabad bank sees strong rise in loan disbursals
December 10, 2009
Company deposits back amidst falling bank rates
RBI urges banks to include all villages by 2011
December 9, 2009
RBI contemplates more local area banks
ICICI intensifies competition in home loan segment
FM rules out any direction to PSBs regarding mergers
Details of wage hike likely to be out within 3 months
Private sector banks catch up with their Public sector counterparts
Banks raise Rs. 35.3 bn through CDs
December 8, 2009
PSBs may soon have a performance-linked variable component
Banks don’t pay heed to RBI’s suggestion
December 7, 2009
Centre must reduce interest rates for SHGs: CPI-M
State Bank of Mysore extends home loan schemes
SBI signs an MoU with Honda Siel
Kotak amongst top players in private banking space
Banks audit expected to ensure interest subsidies to exporters.
Short term borrowing to become more expensive for banks
December 4, 2009
World Bank to grant India a loan worth $1bn
SBT extends home loan offer
Indian banks raise Rs. 9 bn via CDs
Lukewarm growth in Bank Credit
RBI provides leeway in terms of provisioning
December 3, 2009
3 banks to aid IDBI in loans worth Rs 1,225 crore
Govt banks wrote off bad debts worth Rs. 25000 crore
No access to banks for 405 villages
Assam govt ties up with banks
RBI does not approve PwC to act as auditor for banks
Dhanalakshmi bank gets a nod to raise FII limit
Personal loan sanctions grow by 29 percent
December 2, 2009
Oriental bank to reduce high-cost deposit rates
RBI may adopt measures to mop up surplus liquidity
Soon a grocery shop could provide you banking services
Banks seek time for implementing IFRS
Credit growth likely to accelerate
Pension option could lead to early retirements
December 1, 2009
Drought intensifies farmers’ debt burden
RRBs seek separation from commercial banks
Congress demands waiver of agriculture loans
RBI unlikely to increase exposure limit
SBI union rejects proposed wage hike
Wage hike, pension benefits for bank employees
November 30, 2009
Banks should get out of ‘conservative banking’ mindset: Subbarao
Centre to pass a bill amending voting rights
State-owned banks to get capital worth 5000 crore
RBI not in favour of consolidation
Four public sector banks aid India’s literacy mission
November 27, 2009
Live in Style - Lifestyle credit cards
November 26, 2009
ICICI bank expects Saving Account deposits worth Rs. 1300 crore.
November 25, 2009
RBI extends deadline to cover NPAs
Consolidation good for creating healthier banks: Mahajan
Dena, Andhra, and Corporation banks; most sought after acquisition targets
November 24, 2009
PNB to raise Rs.700 crore through bonds
BoM to be present in every state by fiscal’s end
Banks continue parking funds with MF, despite RBI’s advice
HDFC aggressive in selling unsecured loans
November 23, 2009
Managing loans through difficult times
ICICI to raise funds for overseas operations
Farm loans worth Rs. 1.38 lakh crore disbursed
Credit demand picking up slowly
PCMC to seek details regarding Octroi payments
Canara Bank opts for acquisition.
November 20, 2009
Centre says consolidation of banks essential for economy
Tata Motors raises Rs 264 from revised FD scheme
RBI advisory to banks seeks detailed investment norm
Govt says it is equipped to manage heavy inflows
Unused sanctioned loans cause trouble for banks
November 19, 2009
Banks expect greater home loan disbursals
Banks raise Rs. 2,695 crore through CDs
SBI employee held for stealing using customer’s debit card.
RBI recommends fund for UCBs
Apt time to apply for personal loans
UBI CMD questioned over deposits
November 18, 2009
Banks can now find people who are good in Sales!!!
FD rates going down
Bankers eye huge potential in education loan segment
UBI signs a deal with Mastercard
ICICI bank to go aggressive in car, truck loans
Increase in debit card payments
UBI expects double earnings from cards, ATMs
PSUs demand funds worth Rs. 40,000 crore
RBI directs banks to disclose commissions
Banks should lower rates to attract businesses: Assocham
November 16, 2009
M&M collaborates with Syndicate bank to offer used car loan
Indian Bank sets up 5 new branches in MP
Idle capital leads to high CAR levels
SBI and State Bank of Indore merger to happen by March
One third of credit card loans are delinquent
Good financials for Allahabad bank
Surge in NRI flows to India
November 13, 2009
How to go about ‘Leveraged Investing’
Bank employees unhappy with consolidation in the industry
Credit card payments decline due to slowdown
ICICI bank signs an agreement with SMX
Rs 50000 crore to be invested across various asset classes
Central bank, IDBI bank lower deposit rates
RBI asks banks to maintain vigil on UN-listed terror entities
November 12, 2009
Apex bank does not see early exit from prevailing rates
Army Man robbed on SBI premises
Cases filed against farmers
Axis bank organises Home for All Expo
Rates unlikely to change for some time: Kocchar
ICICI’s NPA figure at its highest
November 11, 2009
Surge in demand for retail loans
Banks issued seizure notices for octroi evasion
Canara HSBC plans to foray into group insurance
Corporation bank’s turn to go for re-branding
Andhra bank approaches insurance regulator
November 10, 2009
Banks faring well in rural business, IT cos expect contracts worth 2K crore
BoM slashes loan, deposit rates
PNB an ideal bank for Long Term investment
20,000 appear for SBI’s clerical exam
Banks concerned over rising NPAs
Govt-owned banks should decide on consolidation themselves: Rajan
November 9, 2009
How good are floating rate car loans?
Corp bank launches loan syndication business
Banks relieved to witness a DIP in NPAs
CBI says banks internal audits flawed
Banks expected to continue with same home loan rates
Bulk deposits out, CASA in
November 6, 2009
Loan growth decreases after rising for four consecutive fortnights
Government parks excess funds with RBI
SBI unlikely to withdraw attractive home loan rates immediately
Government to ease bank FDI norms
RBI to restrict increasing presence of foreign banks in India
November 5, 2009
Big UCBs overpower the smaller ones
Syndicated loans on a record high
SBI considers withdrawing its 8% loans offer
Banks expected to invest surplus funds in short-term debt instruments
November 4, 2009
Indian banks eye profits from International Indians
SBI decides on share-swap ratio
Stricter norms to lower banks’ profits: Moody
Banks lower loan growth targets
November 3, 2009
A Good credit score imperative for your financial health
Banks may soon withdraw low home loan rates
SBI posted a 10 percent hike in net interest income
Banks go slow on credit card sales
Banks to increase interest rates on real estate loans
Education loans: Cause of concern amongst lenders
CCI to examine Prepayment charges
Corporation bank registers a 52% increase in net profit.
October 30, 2009
Birla Capital & Financial services obtains merchant banking license
FM rules out any increase in loan limits
BoB registers a 60 percent increase in net profit
Banks asked to lend more to employment generating sectors
Banks not satisfied with RBI’s norm to increase NPA provisions
October 29, 2009
No need for WB loans for public sector banks: Bardhan
Banks asked to increase provisioning requirements for NPAs
October 28, 2009
Banks approach external agencies to prevent frauds
PNB grants a loan worth Rs 150 crore to Bandhan
AI needs loans worth Rs. 400 crore
Banks expects key rates to remain same, CRR to hike.
October 27, 2009
RBI expected to raise SLR, CRR
RBI may liberalize its branch authorisation policy.
PM in favour of RBI’s monetary policy
Banks become more cautious while lending
October 26, 2009
Factors affecting eligibility for home loans
Kamath to take charge as PNB’s chairman
Interest rates to remain same: Bhatt
Centre asks public sector banks for short term loan estimates.
Govt-owned banks directed to lend more for infra projects
SCBs balancesheets grow by 21.2%
October 23, 2009
Central Bank plans to sell Centbank Home Finance
DK district banks fail to achieve CD ratio
Decrease in disbursal of sub-PLR loans
Market Share of PSBs increase
October 22, 2009
Importance of reviewing your credit report
Payment of taxes made easier
Whopping gold sales figures for banks.
Credit card Usage declines
Home loan seekers can now expect greater transparency
October 21, 2009
Syndicate bank lowers housing and auto loan rates.
World bank to grant loans to Surat.
Enough liquidity in the Indian Banking System: Chakrabarty
IRDA considers allowing tie-ups of banks and insurance firms.
Axis bank’s net profit rises by 32 %
HDFC witnesses a 24.2 % net growth in the second quarter
October 20, 2009
RBI puts a limit on Third Party ATM usage
Credit card spending goes down by over 12%
Credit card firms become wary of Payment defaults.
IRDA approves insurance ventures of SBI and BoB
Bank deposits reduce by 50%
RBI to maintain its key rates
IndusInd expects a 20-25 pc growth in loan segment
October 19, 2009
Central bank of India expects a 25 pc increase in home finance.
RBI to continue with the present interest rate Regime
Two private sector banks found selling gold against norms
Private Banks register strong growth figures
Financial Review: A must for every individual
October 9, 2009
Raju and The Skyladder
ICICI bank eyes profit from infrastructure projects
SBI grants a Rs. 1300 crore loan to JLR
Psychological pricing for home loans
Surge in demand for credit
Finmin may ask state-owned banks to maintain low interest rates.
October 8, 2009
Credit Report: A Key Financial Indicator
SBI raises interest rates on corporate loans
Tata capital offers luring auto loan rates
Revision in eligibility criteria for educational loans
UBI slows down its expansion operations
October 7, 2009
OBC considers adding 100 new branches to its network
The central bank may hike key interest rates
Bank of Rajasthan slashes education loan rates by 100 basis points
RBI expresses disapproval over pre mature payment charges
No need for waiver of farm loans: Finmin
Consumer durable firms tie up with financiers to offer interest free loans
SBI slashes deposit rates
October 5, 2009
Raju and The Skyladder Page 20
IDBI cuts home loan rates
Mid- size banks asked to contemplate M&As
Bank of Rajasthan cuts home loan rates
Rise in demand leads to a record 3400 crore loan disbursal
First pay hike in five years for state owned banks’ employees
No further cuts in loan rates expected: Vijaya bank
September 30, 2009
Banks prohibited from altering schemes
PSBs directed to focus on CASA deposits.
More capital expected for the state-run banks
BBMP ties up with nationalized banks to fund penalty charges.
September 29, 2009
Nabard comes out with a scheme for vulnerable farmers
Banks cautioned against reckless lending
Federal bank likely to merge with CSB
Credit Suisse may set up its first branch in India
September 25, 2009
Should banks scrap prepayment penalties?
Banks approach real estate developers for tie-ups
September 24, 2009
World Bank aids India in faster recovery
Axis bank slashes rates on car loans
UBI plans to expand its overseas expansion operations
IDBI ties up with Chevrolet for vehicle finance.
Greater transparency for home loan seekers.
September 23, 2009
Jewellers demand lesser lease rates
RBI resumes parking reserves with commercial banks foreign
Is RBI preparing to ban Sub-PLR loans?
Banks levy charges on premature repayment
Availing education loans becomes difficult for students
September 22, 2009
Banks reluctant to disclose defaulter’s names
11000 posts attract 36 lakh people
Access your Credit Report Online
Home loan rates could go up soon
Vijaya bank: All set to launch the mobile banking facility
September 21, 2009
BoR and Hyundai motor India ltd enter a strategic tie-up for car loans
PNB inks tie-up with M&M
Apex bank expresses concerns over banking frauds
August 31, 2009
Spoiled credit history? - Get a secured credit card
August 13, 2009
PNB may announce festival offer for home loan
2 held for drawing money against insurance policy cheques
Technical reforms to curb fake currency menace - RBI
Citi rolls outs Titanium Cash Rewards Credit Card
August 12, 2009
Get a loan to meet your any personal need
SBI to start Gen insurance operations by March 2010
ICICI auto loans cheaper by up 75 bps
RBI to monitor housing fin firms
Second level of verification for Barclays cards
August 11, 2009
SBI rolls out ‘My Home' campaign for home loan
August 10, 2009
Cheques of banks on strike not to be presented: RBI
Pay your taxes through ATMs
Higher withdrawals causing ATMs out of cash
August 7, 2009
PSB strike: Cheque clearing and draft facilities to be hit hard
Citibank collaborates with Timesofmoney
August 6, 2009
Australian bank plans to enter India
Branch manager held for misappropriation of Rs 15.55
SBI plans 13,000 recruitments during the year
PNB opens first micro-fin branch in Bihar
SBI banks upon HCL to expand ATM network
August 5, 2009
SIB revises PLR and deposit rates
Small banks gain from inter-bank use
HDFC bank transactions whacked by technical problem
August 4, 2009
BoI reduces deposit rates by up to 0.5 percent
Centbank to increase stake in housing arm
Banks asked exchange customer info to prevent loan defaults
August 3, 2009
CanBank expands branch network, upgrades ext counters
Borrowing rate set to increase - HDFC Bank
UCO Bank may cut rates by 50 basis points
Bank loans & deposits shrink
July 31, 2009
Banks timings likely to change
Govt assures to get Indian black money parked aboard
Credit card PIN necessary by August 1
Tata Motors inks pact with SBH
July 30, 2009
Consumer Loans might not get further cheaper
RBI’ PLR lowest in nine years, no fresh changes
July 27, 2009
Six alleged in 2cr PNB loan scam
CRISIL revises ratings upwards for 8-PSBs
SBI organises 2-day car-home loan fair
July 24, 2009
Banknotes to have new security features soon
Andhra Bank to scale up branch count to 2000 in 4-yrs
More for customers: LVB deploys mobile payment solution
Use your debit card to withdraw cash at ‘shops’
July 23, 2009
UBI registers 10% Gr in Q1, crosses Rs 1 lakh cr business
Gov directs banks to take steps against fake currency circulation
Honda Motorcycles ties up with Muthoot capital
SBI to set up banking plaza
HDFC reduces rates for new mortgage borrowers by up to 50 bps
July 21, 2009
Regulator asks SBI to increase NPA provisions
July 20, 2009
Moody hints at rise in interest rates & NPAs
SBI to organize home loan fair
Barclays deploy NEFT payment service
July 17, 2009
SBI sets its first off-site e-centre
Minister says no security on edu loans up to Rs. 4 lakhs
NABARD trims lending rate by 50 bps
PNB ties-up with state authorities to provide housing loans
RBI mandates banks to step up online security
Honda Siel inks understanding with BoB
July 16, 2009
Buying a house becomes cheaper since 2007
Customers complain against high int. rates on credit cards
Air India to receive soft loans from Govt
Tata Motors inks MOU with Canara Bank
July 15, 2009
Vijaya Bank targets Rs 1.10 lk-cr business by 2010
Aila victims get Rs.1 crore from SBI
Barclay cardholders can operate account via SMS
SBI, ICICI to offer e-payment facility for national permits
IndusInd Bank preferred financer for Maruti vehicles
July 14, 2009
Yes Bank to offer education loans by next fiscal
New credit cards issued by banks reduced by 12 pc
SBT set-ups new branches
Commemorating SBI Day - 154 branches &101 ATMs in single day
July 13, 2009
There's little room left for rate cuts: Bankers
Education loans for community students
Now Gold credit cards for farmers
July 10, 2009
Corp Banks increases its network
If you default on one loan, it affects your other loans
July 9, 2009
EPF deposits to offer interest at 8.5 %
Interest rates to might soar in near future
BOM trims lending and deposit rates
July 8, 2009
RBI project economic Gr-rate at 7.5% for next decade
Budget provides education loan subsidiary
Mukherjee reiterates RBI’s off-site ATM policy
July 7, 2009
Mahindra Navistar alliances with BOI for vechicle finance
Yes bank to install 3000 ATMs by 2015
NBFCs slash lending rates by up to 2 pc
SBBJ trims BPLR by 0.5 pc
Andhra Bank slashes BPLR by 25 bps
July 6, 2009
Central Bank of India introduces mobile alert services
Lakshmi Vilas Bank trims deposit rates
Indian Bank slashes PLR by 50 bps
July 3, 2009
SBI eases dealer financing, reduces rates by 50 bps
Allahabad Bank trims rates on term deposits
SBH trims lending rate to 12.25 pcnt
SBI rolls out new schemes on home loans
An Insight into Lending Rate Changes
July 2, 2009
IOB lowers BPLR to 12 pcnt
Syndicate Bank lowers rates on domestic deposits
Karnataka Bank cuts deposit rates by 50 bps
Allahabad Bank trims BPLR to 12 percent
June 30, 2009
Syndicate Bank trims BPLR to 12 pcnt
State Bank of Mysore trims BPLR to 12.25 pct
SBI reduces BPLR to 11.75 percent
SBI to offer car loans at 8 percent
June 26, 2009
Andhra Bank aims pan India expansion with a new identity
RBI to meet bankers following budget declaration
RBI asks banks to alert customer with SMS
June 24, 2009
United Bank of India likely to trim interest rates
Union Bank trims BPLR by 25 bps
More cheque drop boxes for easier bill payment
June 23, 2009
Lower interest rates offered on used-cars loans
DHFL: Home loan rates expected to lower
June 22, 2009
Sub-zero inflation to impel lowering of interest rates
RBI asks banks to pace up wrong debit reversal time
UBI set to lower lending rates
June 19, 2009
AMC urban housing for poor plan to be replicated across the country
HDFC Bank to reduce deposit rates
Plan for your retirement
SIB launches excl. saving account for women
SBBJ trims deposit rates up to 100 basis points
June 18, 2009
Chakrabarty clues rate cuts on small savings
Get DVDs on rental using your credit card
Central Bank to increase its retail lending by 15%
PSBs set to slash interest rates
June 17, 2009
Tata Motors ties-up with BOI to offer car loan
Central Bank offers education loans at concession rates
June 16, 2009
Interest on small saving scheme to be reduced
RBI permit banks to install ATMs offsite
Housing prices may rise concurring increase in demand
SBI trims deposit rates by 0.25 percent
June 15, 2009
RBI plans for 24x7 remittance systems
Alia fit farmers to get fresh loans, previous ones to be restructured
Loan pricing in India to evolve on International standards
Café Coffee Day to offer loyalty cards for its customers
NASSCOM asks for education loans restructuring
June 12, 2009
Home loans defaults in PSBs swell
Metro Cash and Carry to offer B2B Cards
June 11, 2009
Private banks to be asked to increase industry credit exposure
Tata plans to add 300 houses in Bhoisar project
Banks line up to offload NPAs
June 10, 2009
Bankers see some scope in interest rate cut
TransUnion to buy 27.5% more in CIBIL
Private banks witness spurt in NPAs
Software to prevent electronic cards frauds
Sub-PLR lending may soon cease
DCB offers 8.50% on 1-yr term deposits
June 9, 2009
Indian Bank set to slash interest rates
Rural economy likely to be one of the budget focus
Home loan customers move to PSBs with lower EMIs
ICICI expects 24-25% growth in home, car & corporate loans
June 8, 2009
RBI asks banks to review MSME lending policy
Bharti Wal-Mart to offer B2B credit cards
EMIs to ease with lowering interest rates
BoB, IOB and Andhra Bank to set up subsidiary in Malaysia
Syndicate Bank to offer home loan cover at no extra cost
June 5, 2009
Loan restructuring to overshadows bank’s NPAs
Bad loans from credit cards & personal loans likely to increase
Federal Bank charged for higher revision on fixed home loans
June 4, 2009
ICICI lending rates slashed by 50 bps
Banks reconsider branch expansion in lieu of increased ATM usage
RBI sets norms for cheques clearances
Exchange Banknotes for Currency at Coin Fairs
RBI issues branch expansion licenses to Dhanalakshmi & IndusInd Banks
June 3, 2009
Union Bank plans to set 500 branches across the country
Banks restructuring education loans
Over Rs 577 crore-education loan extended to 23,348 Bihari students
Lending rates might not lower drastically
Exchange banknotes for coins
June 2, 2009
Things to know before retirement
SBI launches product for Army personnel
Banks might charge annual fees on credit cards
UBI revises rates for NRE (Rupee) & FCNR (B) term deposits
Deutsche Bank & Matrix set to offer Credit Card for international travelers
May 29, 2009
IOB Deposits decline by Rs 14-cr, following Suvarna takeover
ATMs out of service after cyclones in West Bengal
Liquidity may spurs banks to further lower the lending rates
May 28, 2009
mCheck Mobile Payment System for ICICI cardholders
Andhra Bank to offer home loans at 8 %
R-Money launches multi-usage card for travellers
Andhra Bank set to offer loans against gold
Margin on home loans increased to 25 percent
May 27, 2009
IBA’S re-proposes union for pension scheme
Now get loans with zero processing fee
Now you can pay power bills using ATMS
SIB adopts loan-processing solution
May 26, 2009
Retail deposits decline as the stock market rises
RBI recommends easier norms for savings accounts
Increased security measures for credit cardholders
May 25, 2009
Rs 150 lakh crore business targeted by Andhra Bank
PNB to divest 26% from housing finance
Center Expects Lowering of Interest Rates
May 22, 2009
Faulty ATM Transactions Erodes Customers Trust
Now You can Get House Loan from Tata Capital
Union Bank Home Loan At 8 %
Suvarna Bank merged with IOB
May 21, 2009
Axis Bank Rated Negative By Fitch
SBI Accounts For 50% of Nano Loan Bookings
Banks Asked To Reduce Transfer Charges
May 18, 2009
Subbarao sees scope for further cut in lending rates
SBI revises down deposits rate by up to 50 basis points
Karnataka Govt ask RBI to increase Credit Deposit Ratio
Maneesh Mittal: Newly appointed Vice-President at Barclays Wealth
May 14, 2009
Now a test for Financial Skills!!!
RBI: Banks need to monitor nostro accounts
PSU banks may be allowed to pay lower dividends
IndusInd Bank plans to focus on vehicle finance in FY10
Indian industry demand for reduction in interest rates
Assocham: Businessmen choose PSU banks to borrow funds
May 13, 2009
Mohan: India’ takes gradual approach to financial sector reforms
Karnataka Bank revises domestic term deposit rates
Car sales rise for third consecutive month
May 12, 2009
Tata offers low cost houses
Banks park less than regular amount with the RBI
PNB to stop lending at sub-PLR rates
May 11, 2009
Hit by the slowdown? Manage your Credit Card!
Realty firms count on bank funding to complete projects
Loan portfolios of mid-sized PSU banks rise even in slowdown
IBA ask banks to consider alteration of education loan tenure
May 6, 2009
RBI directs banks to frame lending norms for MSEs
Rakesh Mohan resigns from RBI
HDFC clocks 20% growth in net profits
Barclays Investment to seek RBI views on proposed NBFC activities
Allahabad Bank grew by 56% in Q4
May 5, 2009
SBI slashes term deposit rates by 0.25%
RBI norms disallow J&K Bank to invest in MetLife
PNB Housing Finance to dilute 49% of its stake
State-run banks to go on ATM expansion drive during the fiscal
May 4, 2009
State-run banks to restructure loan slabs
SBBJ, M&M enter into an agreement for vehicle financing
PNB slashes BPLR by 50 basis points
May 1, 2009
WB Govt employees to avail car loans at concessional rates
RBI asked to inspect telemarketing techniques followed by banks
Kochhar plans to go on expansion drive avoiding unsecured loans
Policy changes in new FDI norms may require Cabinet approval
Credit card business in India continue to be in downside
April 30, 2009
SBI to go on a hiring spree in FY10
ICICI waits for a clarification on new FDI norms
RBI extends the assistance period for exporters
Citibank slashes PLR by 25 basis points
April 29, 2009
Borrowers opting less for travel loans in slowdown
RBI: Loan contracts of NBFCs to include clauses on vehicle repossession
BoB witness 172% rise in net profit
Banks sanction Rs 8,500-9,000 crore loans to MSMEs
Banks continue to park excess funds with RBI
April 28, 2009
SBI: Education loan rates to cut by 25 basis points
RBI to lay guidelines to issue prepaid vouchers
PSU Banks to hire staff in slowdown
Karnataka Bank: Stressed loans worth Rs 350 crore to be restructured
Depositors view Govt banks as safe place to park funds
April 27, 2009
PNB admits a scope for rate cut
Crisil expects the gross NPAs to rise to 5% by 2011
HDFC reports Rs 630.88 crore profits for Q4 of FY 09
Foreign Banks to reconsider growth plans for India
April 24, 2009
Tata Motors sign pact with India Post
Tata Motors FD scheme shine in the stressed market
Indian banks permitted to guarantee loans for above 10 years
Heads of credit card segment changed to clean up the portfolio
April 23, 2009
RBI steps forward to guard customers at times of financial difficulties
RBI: Banks can open offsite ATMs without prior approval
RBI plans to make PLR system more transparent
Police arrest people for conducting loan scam
ICICI cuts floating reference rate, PLR by 50 basis points
April 22, 2009
Banks: Retail loan portfolios decline
RBI cuts policy rates in its annual monetary policy review
Axis Bank performed above expectation in Q4
Axis Bank appoints Shikha Sharma as its new MD & CEO
April 21, 2009
Bank loans may become tough for new telecom firms
Honda wants to tie up with PSU banks to increase its presence
Credit card issuers blocking card to save costs, avoid defaults
Cash chest robbed from an ATM in Chennai
RBI unlikely to cut interest rate in the annual monetary policy review
April 20, 2009
SBI Chota SIP launched by SBI Mutual Fund
SBI to extend Rs 10,000 crore loan to Vodafone Essar
ICICI Venture’s CMD quits from her post
HSBC expects its consumer retail business to remain stagnant
Banks refuse to remove penalty on premature withdrawal of FDs
April 17, 2009
Bank of India revises down term deposit rates
SBI extends Rs 1,350 crore under its special home loan scheme
RBI to withdraw high value clearing facility
Agarwal: Consolidation should happen in the Indian banking space
Banks offer Nano loans at easy eligibility norms
April 16, 2009
Loan against Property: A shoulder to rest upon in the current slowdown
ShanChart expects to receive 3-4 branch licenses from RBI
Satyam employees relieved by the takeover
High deposit rates offered by companies in slowdown
Allahabad Bank introduces the sale of gold coins, bars
April 15, 2009
PNB introduces online trading services
MF houses refuse to accept surplus funds of banks
Citibank asked to compensate for adopting unfair trade practices
Bank of India plans to double its ATM network
April 14, 2009
SBI: SMEs benefit from interest rate cap at 8%
Private lenders deny financing vehicles
IDBI Bank to make presence abroad
SBI extends the deadline of its home loan scheme
BoB, UCO Bank expected to cut interest rates this week
April 13, 2009
Avoid withdrawing cash from your credit card
SBI slashes term deposit rates
RBI lays down a uniform criterion for restructured loans
Nano Booking goes high on Day one
Industry representatives ask RBI to force banks on rate cut
April 10, 2009
Banks planning to extend personal loans only safe customers
SBI lowers income eligibility for Nano aspirants
Education Loans for overseas remain unaffected by slowdown
Slow credit growth recorded for fiscal 09
Andhra Bank to recruit staff at supervisory and clerical level
April 9, 2009
UCO Bank to venture in general insurance
SBI reports high bank deposits after Lehman bankruptcy
RBI: Banks did not cut interest rates as expected
Banks demand FD account to issue credit cards
Bulk deposits rates witness a sharp fall due to ample liquidity
April 8, 2009
Pre-pay your home loan
ING Vysya’s CEO quit from his post
Direct tax collection for 09 rises by 6%
Deutsche Bank starts web-enabled wealth management tools
Banks expect deposit growth to fall below 20% in the new fiscal
Banks knock reverse repo window to park excess funds
April 7, 2009
Banks disburse loans at Sub-PLR rates
Bankers view a scope for further cut in interest rates
Bank of India announces a special scheme for Nano aspirants
Axis Bank follows others on rat cut
April 6, 2009
PNB limits the issuance of its global credit card
IndusInd Bank introduces an online remittance product
HDFC increases minimum balance requirement on saving A/C
Debit card usage outpace the use of credit cards
Corporation Bank joins the league on rate cut
April 2, 2009
PNB slashes its deposit rates
Uneven distribution of MFIs hampers the flow of micro finance
LIC launches its credit card
ICICI Bank launches co-branded card with Singapore Airlines
Citibank slashes mortgage prime lending rate
April 1, 2009
UBI approved capital infusion by the government
SBI officers to go on a strike
CBI proposes to bring private banks under the laws set for PSU banks
Customers ask banks to renew fixed deposits
Allahabad Bank ink pact with UAE firm for money transfer
March 31, 2009
SBI may cut interest rates further in the new fiscal
PSU Banks slash their BPLR
PM calls for further rate cut
Banks to charge a fee for retaining the booking deposits of Nano
MFIs introduce home loans for rural India
March 30, 2009
Union Bank of India restructured 15000 accounts due to slowdown
MSME requests banks to restructure their loans
ICICI to cut the interest rates soon
March 27, 2009
SBI demands royalty on its logo use
RBI directs banks to overtime at the fiscal closing
RBI announces higher provisions for NPAs
Hyundai sign pact with BoB, Corporation Bank
HDFC slashes retail prime lending rate to 14%
March 25, 2009
Tata Nano: An opportunity for financers to boost business
PNB targets a credit growth of 20% for the upcoming FY
Banks restrict extending personal loans to businessman
ICICI Bank: The Best Transaction Bank in India
Banks to help students on repaying their education loan
March 24, 2009
UCO Bank introduces Retail Loan Shoppe in Lucknow
BoB ink pact with M&M, Tata Motors
Banks hesitant to fund real estate developers
Bank of India to increase its presence
March 23, 2009
Real Interest rate increases with inflation dipping down
RBS to scale down business in India
Bankers expect RBI to maintain status quo in the policy rates
LIC to launch its credit card on year end
Banks to be lenient with defaulters
March 20, 2009
Tata Nano: How would Bank Loans look
Union Bank to enter M&A space
Tata Motors sign pact with SBBJ, Andhra Bank
RBI to direct banks to seek CBI before allowing one-time settlement of bad loans
Banks do not cut deposit, lending rates in the same ratio
Banks decline to accept high cost deposits
March 19, 2009
SBI Scheme draws customer base of other banks
LIC sign pact with PNB
Banks fix floor rates to guard profits
Bank of India lowers BPLR to 12%
SBI group implements Anti Money Laundering Solution from 3i Infotech
March 18, 2009
Banks to finance Nano at a high cost
PSUs to park surplus with state-run banks for another year
Credit card usage decline in Country
Allahabad Bank to spread its wings in South India
March 17, 2009
Central Bank of India to sanction loans for a scheme by Coir Board
SBI home loan scheme attracts borrowers
PSU Banks lending portfolio to be verified
Banks move forward on corporate lending
Banks look to mop up CASA
March 16, 2009
Govt to start a segment for tractor loans
Crisil to help IDBI Bank to comply with Advanced Basel II
IBA to set up e-registry to reduce home loan fraud
Citibank starts mobile banking solutions
March 13, 2009
Vijaya Bank’s to slow down its advances
Tata Motors, State Bank of Mysore ink pact
Higher booking rates for Tata Nano
IDBI Bank to appoint 2000 officers for new branches
Credit card defaults caution issuers
March 12, 2009
UCO Bank offer 50 basis points discount on lending portfolios
Tata Motors enter into an agreement with Union Bank
SBI in contract with Diebold to install ATMs
Dena Bank cuts lending rates
Car Sales jump up to 22%
March 10, 2009
Tata Motors ink pact with State Bank of Patiala
All-women branch launched by South Indian Bank
SBI reorganizes its whole banking business
Banks asked to guard assets from turning NPAs
March 9, 2009
Investment options to Save Tax under Section 80C
Rate cut may induce private lenders to slash lending rates
2 PSU Banks cut PLR by 50 basis points
India Post to accept premium of ICICI Prudential’s customers
RBI may announce more measures to counter slowdown
March 6, 2009
SBI opens Currency Administration Branch
RBI move may prompt banks to cut interest rates
Canara Bank fix home loan rates for 5 years
Bank of India to expand its branch network
March 5, 2009
StanChart India profits rose by 37%
YES Bank launches ‘Bank Branch of the Future’
Customers to approach CIBIL for credit history
Allahabad Bank contributes Rs 1 crore to PM Relief Fund
March 4, 2009
PSU Banks: Education loan portfolio to rise in current fiscal
Tata Motors signs pact with PSU banks
SBI slashes FD rates, rises NRI rates
PNB revises NRI rates
IDBI Bank cut interest rates on home loan, FDs
March 3, 2009
How to Invest to Save?
Smart ULIP: Latest launch by SBI Life
PSU Banks do not see picking up demand on special home loan scheme
PNB slashes car loan rates to 10.5%
Credit card default continue to rise
March 2, 2009
SBI lowers SME credit target to 25%
SBI to start operations of group companies in UAE
Banks seem to be hesitant in extending finance scheme for Nano
ICICI directed to compensate for negligence
Andhra Bank expects a rise in auto loan portfolio
February 27, 2009
South Indian Bank tie-up with ING Life for renewal payments
PSU Bank duped for Rs 34 lakh
NBFCs to see an improvement in auto financing
BoB plans to shift focus in UAE
February 26, 2009
Dena Bank defers to start its general insurance venture
Govt announces bank loans for unemployed
Axis Bank set up another branch in Jharkhand
February 25, 2009
Private Banks launch Card Protection Scheme
OBC to make presence in overseas
YES Bank ink pact with Zameen Organic to promote organic cotton cultivation
HDFC raises prepayment penalty on switching loan
February 24, 2009
IDBI Bank to expand its presence
HDFC cuts personal, vehicle loan rates
Girls to get education loans at concessional rates
Banks invading saving accounts to cover credit card debt
February 23, 2009
Govt report increase in advances after the loan waiver scheme
SBI freezes car loan rates at 10%
Corporates slash their FD rates
Citibank launches Platinum Select Credit Card in India
Central Govt: No minimum educational qualification required to avail loans
Know your Education Loan better
February 20, 2009
SBI announces to open 100 new branches in Orissa
Interim Budget declares fiscal Deficit to rise to 6% of GDP
ICICI Bank lost Rs 11 crore due to card fraud in the year
RBI directs banks to increase security for ‘card not present' transactions’
Govt to infuse capital into more PSU banks
February 19, 2009
SBI associate banks held one day nationwide strike
PNB signs pact with Hyundai Motors
HDFC Bank: Best Local Bank in India
Central Bank of India decline home loan rates to 8%
Allahabad Bank to finance Suzuki’s Motorcycles
February 17, 2009
Loans to assist people with bad credit scores
Govt to start a mandatory training programme for PSUs directors
PSU Banks witness a decline in their NPAs
PNB keen to help MSEs
LIC defers its credit card launch
February 16, 2009
Central board of RBI discuss economic developments in the country
PNB chief expects RBI to slash interest rates
Arvind Mills fails to repayment interest
February 13, 2009
Union Govt: Rs 3,800 crore to be infused into 3 PSU banks
Corporation Bank, Tata Motors sign MoU for financing vehicle
PSU banks dominate the auto loan market
February 12, 2009
Converting credit card outstanding into a personal loan
RBI, Orissa Govt sign MoU to stimulate UBCs in the state
HDFC to start a hub in Ecospace
Education loan portfolios to grow regardless of job losses
February 11, 2009
RBI to announce guidelines on vehicle repossession
Homesurance Protection Plan to cover interest rate fluctuations
PSU banks target increased credit growth for next fiscal
Bank branches should increase to meet the standards developed nations
February 10, 2009
SBI to set up biometric ATMs in Gujarat
Interest subvention to exporters extended until December 2009
Interest rates likely to fall below 2006 levels
Global credit card launched by PNB
President call for easy education loans to women
February 9, 2009
What to look for while taking a personal loan
Rate cuts unable to augment credit flow to housing sector
Chakrabarty: PNB to cut rates if inflation eases further
Oriental Bank of Commerce revises down FCNR rates
ICICI write-off bad loans to the tune of Rs 1,600 crore
February 6, 2009
FD: Opportunity for retirees to diversify their investment portfolio
More bank chiefs to be interviewed for the post of Deputy Governor
SBI directed to pay a fine of Rs 3,000
Credit cardholders to pay increased penal interest
RBI directs banks to open financial literacy and credit counselling centers
Tata Capital to enter Private Equity space
February 5, 2009
Home loan rates slashed to 8.75% by LIC Housing Finance
CASA share of banks fall in the third quarter
Home loan aspirants face hard time
Karnataka Bank to increase presence in South India
PSU banks asked to enhance credit flow to MSMEs
February 4, 2009
Auto makers set up their separate finance subsidiaries
Banks raise funds through the issuance of CDs
Finance ministry urge banks to cut interest rates
RBI refuse to relax NPA norms
Syndicate Bank ink MoU with Hyundai Motor
February 3, 2009
SBI caps home loan rate at 8% for one year
PNB cuts PLR by 50 basis points to 11.5%
IOB, BoB, Andhra Bank tie-up to venture in Malyasia
Banks face delayed credit cards repayment
Central Bank of India to enhance retail loans in east zone
February 2, 2009
Cabinet Secretariat suggest banks to stay cautious in lending
Banks reduce fresh loan disbursals after reviewing CIBIL data
PSU Bank Manager arrested for accepting bribe
RBI to announce guidelines for PSU Banks entry into private equity space
Axis Bank expanding its presence in Orissa
January 30, 2009
Bank Union held stage demonstration to protest bank merger
Bankers expect NPAs to rise in the coming quarters
Banks: Credit growth of 24% might not be difficult to achieve
PNB launches a branch in Leicester
Govt ask PSU banks to present home loan data
January 29, 2009
UCO Bank slashes PLR by 50 basis points
Stayam to receive funds from state-owned financial institutions
Canara Bank to expand overseas
January 23, 2009
UCO Bank to distribute Rs 7,000-8,000 crore loans in the last quarter
PSU Banks to raise their presence in the auto loan segment
SBI: Priority sector advances mark 18.88% growth
January 22, 2009
IDBI Bank to sell its home finance unit
Barclays discontinue loan disbursement in India
January 21, 2009
RBS to start its wealth management business in India
Investigators seized fake bank deposits from Stayam offices
BoB, GM India sign MoU for vehicle financing
AIBOC forms a separate federation for nationalized bank officers
January 20, 2009
Fixed Deposits: Safest instrument to invest
SBI aims to reach out to every Indian in the next fiscal
RBI may not cut policy rates in its policy review in January
HDFC cuts interest rates for home loans in Rs 30 lakh category
HDFC Bank to cut auto loans rates
Citigroup to split into – Citicorp and Citi Holdings
January 19, 2009
NHB starts new FD schemes
Over Rs 7 lakh withdrawn by unknown person from an account in ICICI Bank
Corporates shift cash reserves to PSU banks
January 16, 2009
SBI Home Finance incur net loss of Rs 5.37 crore for quarter 3
SBI signs a tri-partite deal with HPGCL
Insurance cover on EMIs in case of job loss
DBS Bank plans to mop up retail deposits in India
January 15, 2009
Sub-PLR borrowers do not benefit with PLR reductions
Infosys parked majority of deposits with PSU banks
J&K Bank starts e-payment facility for direct taxes
CVV number on credit card misused to make online transactions
Bulk deposit rates reduced to 7.5% by PSU banks
January 14, 2009
Joint Home Loan: A wise decision for a double income couple
SBI left in dilemma for its Internet Banking Operations
SBI committed to lend Rs 4200 crore for Paradip refinery
ICICI reduces Banking hours on Saturday
Home loans rates to fall for existing customers at a slower pace
January 13, 2009
Banks reduce credit limits for Satyamites
RBI directs banks to produce details of their exposure to Satyam Group
Banks levy a fee to clear dues via cash
Axis Bank’s Chairman & CEO to retire in July 2009
January 12, 2009
Over 30 trade receivable accounts of Satyam frozen by Citiabank
South Indian Bank announces its new FD scheme – ‘SIB: Eighty Plus’
SBI to sign pact with Gujarat Government for fund deployment in MSM
IDBI Bank to host special purpose vehicle to support NBFCs
RBI’s Deputy Governor to be appointed soon by the Govt.
January 9, 2009
Star Home Loan Scheme: Package for new home loan borrowers of BoI
SBI defers its merger plans with associate banks
PSU banks slowly gain grounds over private peers
MoU signed between OBC, Maruti Suzuki
Bank of India to start its AMC with a foreign partner
January 8, 2009
Processing of cards transactions will soon be controlled by Indian firm
ICICI to re-examine its used car loan portfolio
Fake currency found from PSU banks in Rajasthan
Banks to witness increased growth in quarter 3
Students to avail education loans easily at the time recession
January 7, 2009
PSU banks asked to scale up their portfolio
PSU Banks to see increased lending reserves
Banks view to increase mobile ATMs
Debit cards transactions outpace those with credit cards
January 6, 2009
SBI opens its 11,111 branch, to increase presence in North-East
RBI declares a further cut in policy rates
Government announces second round of fiscal stimulus package
Deposit rates revised down by Union Bank, Bank of Baroda
January 5, 2009
SBI, Bank of India drop plans to restart branches in Pakistan
D.L Rawal: Newly appointed CMD of Dena Bank
Citibank: A 50 basis points cut in the interest rates may come soon
Banks in Orissa asked to complete loan target set for MSMEs
January 2, 2009
Year 2008: A hard period for DSAs
SBBJ cut PLR by 50 basis points
NHB to raise Rs 3,000 crore by June 2009
HFCs follow PSU Banks in reducing home loan rates
Card issuers withdraw basic facilities from the credit cardholders
December 31, 2008
Unsecured loans portfolio rise for PSU Banks
PNB to start its operations in Bhutan
Conserve first and spend later
14 Co-operative banks queue to receive an NOC for their merger
Central Bank of India enter into an agreement with Kotak Mahindra AMC
December 30, 2008
RBI to cut policy rates further
PNB reduces PLR to 12%
ICICI to reduce interest rates in New Year
Bank deposits rise amid financial turmoil
December 29, 2008
Rate cut, lower prices fail to renew the demand for auto loans
Government employees to get cheap, quick loans
Credit cards grievances top the complaint listing with the ombudsman
December 26, 2008
Union Bank of India to focus on MSMEs
Loan growth to remain slow despite rate cuts
Global slowdown to affect export-linked sectors
December 24, 2008
PNB Manager held for cheating Rs 5.72 crore
Lending rates in the economy to soften in the New Year
PNB moves on in its financial inclusion mission
Credit card industry faces an eight year low growth rate
Bank of Rajasthan scale down the domestic term deposit rates
December 23, 2008
SBI: PLR cut by 75 basis points to 12.25%
SBI: Home loan rates to slash down
Corporation Bank: Loans to SMEs become cheaper
December 19, 2008
RBI insist banks to extend cheaper loans
Falling CASA deposits obstruct reducing lending rates
Card issuers reduce their sales
December 18, 2008
Banks start reducing interest rates
SBI merges IOIB and SBI International (Mauritius)
SBI: Rs 18,000 crore will be raised to meet capital requirement
CitiBank steps to protect your card against fraud
December 17, 2008
PSU Banks: Low interest rate package for new home loans
Indian Bank cut its deposit rates
Banks go slow on disbursing education loans
Security agencies give ATMs cards to guards
December 16, 2008
India to receive $14 billion by World Bank
Book your railway tickets through ATMs
Banks park funds with Govt bonds in the slowdown
Axis Bank to spread out its wings in South India
December 15, 2008
Union Bank announces a restructuring package for MSMEs
SBI, SBICI amalgamated
NHB to restructure reverse mortgage loans
Home Loans up to Rs 20 lakh to see no pre-payment penalty
December 12, 2008
RBI to relax risk weight norms
Private Banks, HFCs do not transfer home loan benefits to consumers
IOB shelves its acquisition plans for cooperative banks
December 11, 2008
Gold finance companies witness increased loan demand
Corporate FDs gain importance
Deutsche Bank to lay off its staff in India
Assocham ask to increase cap on priority sector home loans
December 10, 2008
Rs 2.5 lakh robbed from UCO Bank
R Sridharan: New Managing Director of SBI
PSU banks pushed to offer home loans between 7% and 8%
PNB starts a new branch in J&K
HDFC Bank, Union Bank of India reduce their PLRs
December 9, 2008
YES Bank reduces the PLR to 16.5%
RBI cuts short-term policy rates by 100 basis points
ICICI: Home loan rates cut by 150 basis points
HFCs to cut their PLRs
December 8, 2008
What should you do if interest rates are expected to rise?
SBI Card to restructure its credit card portfolio
Inflation rate dip may boost economic growth
HDFC Bank: First private lender to cut deposit rates
CASA deposits of public banks see a fall
Banks ask RBI to relax NPA norms for real estate sector
December 5, 2008
SBI to expand in Maharashtra
RBI to take actions against Indian banks issuing credit cards to terrorist
PSU Banks lead in auto lending
Government to roll out fiscal stimulus to offset slowdown
Long-term fixed deposits may yield high returns in long-run
December 4, 2008
SBI to recruit staff for associate banks
Overseas branches of banks’ to seek RBI approval for structured products
CitiFinancial report a loss of Rs 235 crore
December 3, 2008
SBI: Best Bank of the Year 2008
Lending norms to UCBs relaxed by RBI
PSU banks lending rates fall behind the deposit rates
PNB to initiate a new branch at Hinjewadi in Pune
HFCs refuse to cut lending rates
December 2, 2008
YES Bank’s Chairman shot dead by the terrorists
SIDBI to activate its asset reconstruction arm in March
RBI extends liquidity enhancing measures until June 2009
Terrorist possessed credit cards issued by Indian Banks
Auto Industry witness a negative growth in car sales
December 1, 2008
HFDC Bank: Lending rates to remain unchanged for the time being
Interest subsidy on Home Loans
Financial Capital witnessed low customer and staff turnout
Banks’ FDs to offer lower interest rates
Andhra Bank: Board Meeting cancelled due to terrorist attack
November 28, 2008
Home Equity Loan: A shoulder you can bank upon
Short-term trade credit: A problem for the industry
PNB cuts its PLR to 12.5%
Rahul Jhori: New Head of DBS Bank’s consumer banking
Credit cards holders face crunch in their credit limits
November 27, 2008
RBI: Be lenient at times of slowdown
Canara Bank denies loan to physically challenged customer
BoB, Maruti Suzuki ink MoU
Banks asked to unveil all charges in loan application form
ATM network to rise even when RBI plans for overall free ATM usage
November 26, 2008
Student loan subsidy given in Karnataka
Retail deposits earn higher interest rate to bulk deposits
PSU banks in Gujarat witness robust NRI deposits
IndusInd Bank to increase its branch network
Axis Bank to open its Asset Management Company
November 25, 2008
ICICI asked to compensate for claiming interest for an un-availed loan
GE Money to scale down its branch network
RBI Governor proposes to talk with commercial chiefs
PSU banks may offer performance based incentives to the staff
November 24, 2008
NRI Home Loan: A friend for the non-residents
PNB to build up its overseas presence
Maruti Suzuki looks forward for PSU Banks financing
Banks to focus on small-ticket home loans
RBI permits 49% FDI in credit information firms
November 21, 2008
Canara Bank announces an increase in FCNR, NRE deposit rates
Central Bank of India plans international expansion
Borrowings of Commercial Banks from RBI increases
Orrisa Govt ask banks to open Entrepreneurship Development Institutes
November 20, 2008
If the interest rate is same, how do you pick a home loan?
Realty firms: Home loans at 7%
ICICI views a 15% growth in its loan book
Car Buyers setback due to hike in margin money
RBI may raise banks’ exposure limit for NBFCs focused on infrastructure
November 19, 2008
RBI ensures adequate liquidity to push growth
PNB introduces mobile banking for rural population
NRI deposit rates raised by most banks
HDFC keen to raise funds overseas
PSU Banks anticipate growth in auto loans
November 18, 2008
RBI may to cut the policy rates further
Market instability raises banks’ short-term fixed deposits
PSU Banks hire employees amid slowdown
Banks to increase real-estate lending
Oriental Bank to spread out in Orissa
November 17, 2008
Home Loan Agreement: An important aspect of your loan
HSBC India lay off employees
November 14, 2008
Karur Vysya, Religare join hand to extend equity trading service
Bank of Baroda decides to facilitate SMEs
Banks record increased growth in credit card transactions
Banks look forward to LAF window amid liquidity fluctuations
November 13, 2008
PSU banks to offer card rates on bulk deposits
HDFC files an FIR against PNB
DBS Bank increases interest rate on fixed deposits
Corporation Bank: Deposit rates to decline in the next month
Banks home loans disbursal to see a rise
November 12, 2008
Syndicate Bank cut lending rates
Supreme Court admits banks request on credit card rates
State Bank of Hyderabad to increase its branch network
PSU Banks to raise employees salaries
Auto industry may see a rise in sales
November 11, 2008
ICICI plans to reduce its SME loan portfolio
A special term offer on fixed deposits of ICICI Home Finance
Bank of India appoints new Executive Director
Bank of Baroda to initiate life insurance foray
November 10, 2008
Citibank becomes the first foreign lender to cut PLR
Personal loan: Lender of the last resort
South Indian Bank rated the Best Performer in Asset Quality
Cashier of SBS held for 7 month scam
Largest lender cut PLR, deposit rates
Rate cut may not observe increasing loan demand
Liquidity Crunch may return
November 7, 2008
Canara Bank, Bank of India cut PLR to 13.25%
RBI to restructure banks' home loans
Women SHGs getting loans at a cheaper rate
Private Banks to follow PSU banks on rate cut
Auto loans may not get a rate cut for now
November 6, 2008
Six tips to choose your home loan lender
BoR cuts interest rates on NRE, FCNR(B) deposits
A low interest regime is set to prevail
IDBI Bank decreases its interest rates on home, education loans
November 5, 2008
PNB: FCNR deposits check a rate cut
Policyholders can pay premium over phone
HSBC partners with VISA for its new debit cards
Citibank introduces a travel reward program for its cardholders
November 4, 2008
SBI: A call on interest rates cuts in the second half of the week
Rated corporates will avail a cheaper loan
RBI slashes its rates to sustain growth
Chidambaram: Banks should cut interest rates
Indian Banks unaffected by global financial crisis
November 3, 2008
Rising credit card transactions turn into a cause of concern
MFIs also troubled by the global financial meltdown
SBBJ: Term deposit rate revised upward
SBI to spread its wings
Karur Vysya Bank, SME Rating Agency inks MoU
Home purchases become expensive
October 31, 2008
SBI: Interest rates may decline
ICICI: Operating profit, Net profit increase
Indian Bank to expand its financial services network
Senior Bank Official arrested for a forgery case
October 30, 2008
Vijaya Bank moves to control home loan defaults
Dena Bank, SBI to launch co-branded credit card
Can Fin Homes assigned an ‘AA+’ rating
October 27, 2008
Government to Capitalize Public sector Banks
ICICI Bank raises home loan rates
SBI asks customers to fulfill KYC norms
ICICI Bank to scale down its credit card exposure
HDFC opens its first international branch in Bahrain
October 24, 2008
Syndicate Bank to commence a Smart Card Project
WGC joins with HDFC to extend personal loans to gold buyers
Home loan rates to fall by 50 basis points
Federal Bank plans to foray into wealth management
October 23, 2008
Union Bank of India: Home loans rates revised down
ICRA rates SBI Life as ‘iAAA’
Fixed deposits: Right now the Best option to park funds
October 22, 2008
PNB on a safe-side amid the liquidity crunch
Handle your credit card with Care
SBI employees postpone indefinite all India strike plan
Plastic money to check a rise in volume
Oriental Bank of Commerce to expand operations in north India
October 20, 2008
Syndicate Bank: Term deposit rates revised upwards
SBI to upgrade operations in Gulf
SBI’s inward remittance cell to begin functioning only in November
Man arrested for credit card frauds
Cash-Back offer at Corporation Bank this festival season
B.A. Prabhakar is Bank of India’s new Executive Director
October 17, 2008
PNB slashes retail loan rates
SBI to be the sole financer for Tata Nano
Inflation dips to 11.44%
ICICI Bank, British Airways jointly launch a co-branded credit card
PNB charged for deficiency in services
DBS Indian venture to scale down on personal finance
Festive offers on deposit and lending rates
Allahabad Bank inks MoU with Kotak Life Insurance
October 16, 2008
Crisil: ICICI carry top investment grade ratings
Senior Citizens to earn higher returns on Bank of Rajasthan’s fixed deposits
Call rates fall following CRR cut
Realty firms to reduce home loan rates
RBI may cut Repo rate to increase liquidity
SBI declares a two-day Home Loan and Car Loan Mela
5 Banks in Allahabad found guilty of fake currency
October 14, 2008
NRIs to invest in India following the global crisis
Depositors need not worry: ICICI Bank has no major sub-prime exposure
Higher home loan interest rates for larger amounts of loan
Munish Varma is Head of Deutsche Bank’s Global Markets India
Axis Bank to expand its operations in Orissa
ICICI Bank's message to its customers
October 13, 2008
Women self help groups to avail loans at 4%
LIC to launch a white label credit card
Citibank to enter into a JV with Reliance Retail
RBI declares a 100 basis points cut in the CRR
Auto loans turn expensive despite CRR cut
RBI releases mobile banking limits
October 10, 2008
MoU signed between Tamil Nadu government and RBI
Banks credit growth improves regardless of challenging environment
Crisil puts Citi’s debt instruments under watch
October 8, 2008
Canara, Corporation, IDBI Bank turns negative in rating outlook
ICICI introduces an interactive banking service
Dena Bank to give increased interest rate on its 700 days deposit
RBI slashes CRR to ease liquidity
October 7, 2008
Sub-PLR loans to freeze for now: Corporation Bank
Interest rates have peaked amid tight liquidity
Indian banks reallocate their nostro accounts
DCB introduces a new fixed deposit scheme
Global crisis to affect India’s credit card issuance
Allahabad Bank’s puts Rights Issue on the backburner
October 6, 2008
SBI, GIC Re mark up in the ladder of global ranking
Renu Sud Karnad, Renuka Ramnath selected in Top 25 non-bank women
PNB raises NRI deposit rates
Assocham asks RBI to cut CRR, Repo rate by 1%
ADB to grant loans to revive ‘khadi’ industry
October 3, 2008
Tata Capital to start its retail loan business
Real estate sector sees new project launches in the wake of festive season
Money Monitor: latest launch of YES Bank
ICICI Bank reassures customers of their deposits
UCO Bank to open its financial subsidiary
Bank of Rajasthan raises fixed deposit rates
September 30, 2008
Mobile banking to spread its wings
State Bank mergers to go ahead as planned
Citigroup’s retail head appointed as Aviva’s new CEO
September 29, 2008
NBFCs heading to close branches
Indian banks’ international operations may get affected
Realty firms to suffer more by the FMPs exit
HDFC ranked 22 on Forbes Asian fab 50
Counterfeit notes recovered from Oriental Bank of Commerce
September 26, 2008
ICICI’s ECS doesn’t work and they trouble customers
Andhra Bank to initiate gold retailing business
RBI to keep interest rates stable
Deutsche Bank: India’s numero uno I-bank
Citibank’s Commercial Cards to help Indian Corporates
Private Banks fall behind Public Sector Banks in real estate lending
Corporation Bank expands internationally
NRI deposits likely to rise: ICICI Bank
September 25, 2008
SBI denies interest in purchasing Lehman’s India assets
Micro deposit machines to launch in India
Union: Banks employees to strike as talks fail
Is the economy facing a debt trap?
HDFC escaped from Lehman Brothers Crisis
Dr Reddy’s caution protected Indian Banks from global crisis
Self Help Promotion Institutes to promote SHGs in Orissa
September 23, 2008
RBI guidelines to ease Mobile Banking
Banks to raise the lending norms: tougher to get loans
Federal Bank: NRE and FNCR deposit rates to rise
SBI to lend through its rural no-frill accounts
Door to Door Banking to reach Orissa: PNB
Royal Bank of Scotland eye India to expand its business
Bank unions strike unnecessary: Chidambaram
Bank of Baroda to expand in New Zealand
September 22, 2008
Two more associate banks to merge with SBI
IndusInd Bank to expand its business
September 19, 2008
Banks raises NRI deposit rates
RBI steps in to prevent the Rupee Slide
HDFC: The Best Retail Bank
Hikes on foreign currency deposit rates to support rupee
Branch banking is out-of-date
September 18, 2008
High interest rates may encourage pre-payment of a home loan
RBI: Charges on outstation cheque to come down
September 17, 2008
Insurance to cover your Home Loan Payments
September 15, 2008
Banking Employee Union to strike again!
RBI extends deadline to meet norms on loans to Mutual funds
ICRA to rate loans of Bank of Rajasthan
September 11, 2008
Yes Bank, Corporation Bank launches International Prepaid Travel Card
SC refused to stay Credit Cards Interest cap at 30%
September 10, 2008
Accepting Credit Cards for purchases will get costlier for the Retailer
DDA to earn Rs 4.5 lakh per flat under its new housing scheme
September 5, 2008
Government will pay for your education now
September 3, 2008
ICICI’s education loan portfolio declines
August 29, 2008
Morgan ropes in ICICI MD Morparia as CEO
August 27, 2008
Education loan spared from rate hikes
SBI to outsource its ATMs
Credit card charges hiked up to 50%
June 2, 2008
RBI to Banks: Lend more to oil companies
May 28, 1963
Barclays launch loyalty solution for its customer
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