| Articles found for "Banks" |
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| January 16, 2012 |
| Banks exploring social networking space |
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| July 13, 2011 |
| ATM outsourcing seems lucrative to banks |
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| May 18, 2011 |
| UID to be valid proof for bank a/cs in coming months |
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| March 23, 2011 |
| Banks get a new platform through AMCAT |
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| March 21, 2011 |
| Karnataka Bank and Bartronics India ink FI deal |
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| March 18, 2011 |
| Gold loan expected to see boost in organized segment |
| Financial services wing launched by Siemens |
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| March 17, 2011 |
| Fin inclusion drive by Andhra Bank and SBH |
| Infosys' product Financle eyes big rural banking market |
| Staff of ING Vysya Bank on strike |
| SBI not in favor of deregulating savings bank rates |
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| March 16, 2011 |
| HSBC appoints new head of asset management |
| Fund transfer via mobile phone to cost 10p per transaction |
| CSB offers senior employees to willingly give up job to a kin |
| RBI propagates idea to have only one policy rate (repo) |
| January 2011 shows spout in credit card biz |
| Norms for new banking licenses still in pipeline |
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| March 15, 2011 |
| Catholic Syrian Bank is successful because of its team; says its CMD |
| Syndicate Bank sets new branch in Hubli |
| Policy rates expected to see another rise by RBI |
| Bhatt says SBI merger with subsidiaries, a long term process |
| Car loan rates expected to rise after April |
| 11 co-op banks penalized by RBI |
| Union Bank aims to outsource ATM work |
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| March 14, 2011 |
| Speed clearing system in all clearing houses of Kerala : RBI |
| Another interest rate hike by HDFC Bank |
| ICICI Bank gets its corporate jingle trademark registered |
| Strike announced by 86,000 commercial &1 lakh co-op banks |
| Villagers in Bihar get access to smart cards |
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| March 11, 2011 |
| Admissible deductions under Section 80C |
| PNB launches product for non residents |
| Karur Vysya Bank adds another branch to kitty |
| Union Bank of India eyeing to foray into wealth mgmt biz |
| SBI aims to penetrate deeper into foreign land |
| IOB planning to enter into IT sector via JVs |
| Canara Bank ties up with Wipro for rural banking |
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| March 10, 2011 |
| Punjab & Sind Bank inks deal with HCL Infosystems |
| HSBC ups base rate |
| Base rate raised by Dhanlaxmi Bank |
| Sandeep Uppal is HSBC's MD & Head Commercial Banking, India |
| LVB and TimesofMoney launch India Remit |
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| March 9, 2011 |
| SBBJ to bring banking to masses on 'Bike' |
| Federal Bank introduces IMPS facility |
| Muslim Co-op Bank fined by RBI |
| Fixed deposit rates hiked by BoI |
| Corporation Bank says no plan for co-op bank takeover |
| Citibank fraud case under I-T deptt scanner |
| Banks burdened with unclaimed funds worth Rs 1360 cr |
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| March 8, 2011 |
| NRE deposit rates raised by SBT |
| IOB and AmEx to jointly offer co branded credit cards |
| Catholic Syrian Bank introduces 3 NRI products |
| Fin inclusion to encompass max Indian homes in 5 years |
| Diwakar Gupta to be next MD of SBI |
| Corporation Bank eyeing takeover of small banks |
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| March 7, 2011 |
| FD rates raised for two schemes by OBC |
| Allahabad Bank begins Aadhaar registration work |
| SBI turns locker room to make up room too |
| Pallavan Grama Bank launches eco friendly branch |
| Indian Bank plans to increase branch count by 100 |
| Bank manager arrested for fund misappropriation |
| South Indian Bank sets up 30 branches in a single day |
| BoB and Union Bank of India to receive cap infusion |
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| March 2, 2011 |
| NRE deposit rates raised by Corporation Bank |
| Online term deposits launched by City Union Bank |
| HSBC India will carefully deal with unsecured loans |
| Indian Bank raises NRI deposit rates |
| Budget 2011 allows more capital infusion into PSBs |
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| March 1, 2011 |
| 'Sahayahastham': new fin inclusion project by SBT |
| Deposit rates raised by Punjab & Sind Bank |
| Every 'no frills account' opened will give banks Rs 140 |
| Home loan rates upped by HDFC Ltd. |
| RBI to bring new IT guidelines for banks soon |
| Andhra, Allahabad Bank to get cap infusion |
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| February 28, 2011 |
| 'Rupay': Indian competitor of MasterCard and Visa coming soon |
| UCO Bank takes financial literacy inititative in Orissa |
| Income tax now payable at Axis ATMs |
| Is rural home loan funding target achievable this FY? |
| Kotak Mahindra Bank launches entertainment credit card |
| Prepayment penalty on home loans to be scrapped: PSBs |
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| February 25, 2011 |
| Base rate raised by Kotak Mahindra Bank |
| Deposit rates upped by Dhanlaxmi Bank |
| RBI asks banks to do away with soiled notes |
| Bank of India plans offshore expansion |
| RBI forms committee for attending NBFC issues |
| Ratnakar Bank plans branch expansion |
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| February 24, 2011 |
| Kotak Mahindra Bank launches its 300th branch |
| TamilNad Mercantile Bank sets 229th branch |
| OBC aims to clear off redundancy in branches |
| Kotak Mahindra Bank targets national presence |
| Lending rates see rise for majors ICICI and HDFC Bank |
| Who will succeed YES Bank after Kapoor? |
| Banks directed to collect & exchange 25 p coins |
| IDBI Bank focusing keenly on north east |
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| February 23, 2011 |
| Vizag gets 5th branch from Axis Bank |
| Kotak Mahindra Bank targets 30% rise in card biz |
| SBI working on merging remaining subsidiaries |
| Indian Bank to go tech savvy; wants e branches |
| RBI penalizes Viramgam Mercantile Co-op Bank |
| Advance I-T receipt counters in 926 bank branches |
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| February 22, 2011 |
| Lending rates raised by Karnataka Bank |
| Two co-op banks penalized by RBI |
| NRI deposit base in India shows dip this fiscal |
| Lending rates of Indian Bank see hike |
| Basant Bonanza for home loans by PNB |
| Kotak Mahindra Bank targets to take branch count to 500 |
| AxisBank inks pact with Indian Army too |
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| February 21, 2011 |
| Canara Bank identifies 6 websites for customers to post complaints |
| NABARD brings scheme to set up women development cells in Kerala |
| HDFC Bank to enhance m-banking via 3G services |
| Canara Bank adds 35 new branches today |
| SBBJ announces interest rate hike |
| New form of payment through semi closed mobile wallets |
| BoI aims to take banking to 400 villages in Bihar |
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| February 18, 2011 |
| Kisan Credit Card: Allowing easy credit access to farmers |
| IOB introduces credit schemes for small & marginal farmers |
| HDFC Bank awaits board nod for edu loan biz |
| India opening up to branchless banking |
| Dena, Vijaya Bank to receive capital infusion |
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| February 17, 2011 |
| Indian Bank to reboost loss making units |
| Allahabad Bank announces FD rate hike |
| Deposit rates raised by Kotak Mahindra Bank |
| Gujarat to receive 50 new branches from SBI by FY end |
| Virtual keypad- a safer net banking option |
| Hyderabad gets its largest corporate branch from BoI |
| Central Bank of India to support IIM, IIT aspirants |
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| February 16, 2011 |
| State Bank of Hyderabad plans branch expansion |
| State Bank of Hyderabad revises FD rates |
| UIDAI finds another registrar in State Bank of Patiala |
| Axis Bank introduces ETM concept in India |
| Indian Bank signs vehichle finance deal with TVS |
| RBI genrates alerts against phishing scams |
| Credit card holders of SBI in trouble in Bangalore |
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| February 15, 2011 |
| Deposit rates raised by Repco Bank |
| FD rates raised by North Malabar Gramin Bank |
| SBI to set up postmen as BCs for rural penetration |
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| February 14, 2011 |
| Federal Bank offers new service to HNI clients |
| Kotak Mahindra Bank moves ahead with fin inclusion plans |
| Fixed deposit rates raised by HSBC |
| Interest rate hike announced by SBI again |
| Indian Overseas Bank plans African expansion |
| Lending rates hiked by BoM, State Bank of Mysore |
| HDFC Bank plans to leverage on emerging rural India |
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| February 11, 2011 |
| An insight into Public Provident Fund |
| Madurai sees education loan mela |
| IOB donates life saving drugs to cancer patients |
| IOB plans to strengthen grip in Central India |
| Target set for another 5 crore bank a/c by 2012 |
| 'Banking Ombudsman' should be renamed 'Banking Lokpal' : banks |
| GSM/GPRS-based machines launched by ATM maker NCR |
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| February 10, 2011 |
| Nine product portfolio coming up from Equifax |
| Registration with UID commenced by BoM |
| Union Bank of India ups BPLR |
| HP to bring IT modernisation in BoB |
| Credit card base of banks shows shrinkage |
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| February 9, 2011 |
| HDFC Bank sets up common phone banking no. |
| ICICI Bank, Aircel tie up for financial inclusion |
| RBI denies incentives on home loans to NRIs |
| Immediate hike in deposit rates not in cards: SBI |
| NE states to get RBI sub offices now |
| SBI initiates green banking in Mangalore |
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| February 8, 2011 |
| Deposit rates raised by Karnataka and Karur Vysya Bank |
| Gold loans dont come under priority lending: RBI |
| Coins of Rs 10 valuation to come again :RBI |
| Deposit, lending rates hiked by IDBI Bank, DCB |
| HDFC Bank and Indian army ink salary a/c deal |
| Lakshmi Vilas Bank targets HNI customer segment |
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| February 7, 2011 |
| Catholic Syrian Bank launches support line |
| Indian Bank plans to recruit 1700 clerks soon |
| Lakshmi Vilas Bank to foray into mortgage biz |
| Base rate upped by Karur Vysya Bank |
| UBI plans to cover 1880 villages under fin inclusion |
| Financial services armto be launched by IOB soon |
| SBI targets rural biz worth Rs 4.75 lakh crore by fiscal end |
| Now post offices may have ATMs too |
| Banking services to reach 72000 more villages by 2012 |
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| February 4, 2011 |
| What if you default on your loan? |
| Lending rates hiked by Bank of Baroda |
| Interest rates hiked by more banks |
| Automated system for NPA tracking troubling banks |
| Syndicate Bank starts m-banking project in AP |
| BPLR raised by Canara Bank |
| Islamic banking receives approval from Kerala HC |
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| February 3, 2011 |
| India Travel Card- another card in Axis Bank's kit |
| Fixed deposit rates hiked by Dhanlaxmi Bank |
| ICICI Bank and Indian Army ink banking deal |
| RBI unhappy over high prepayment penalty on home loans |
| Shri Karuppasamy holds post of new ED of RBI |
| IndusInd Bank inks vehicle finance deal with auto segment of Mahindra |
| Allahabad Bank plans expansion in Gujarat |
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| February 2, 2011 |
| 25p and lower denomination coins to evanish from 1 July |
| Syndicate Bank profits rise owing to strong NII |
| Banking ombudsman grievance list topped by credit card segment |
| NRI deposit rates hiked by SBI |
| Lending rates see rise in seven banks |
| Hedge realty loans with escrow mechanism, says RBI |
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| February 1, 2011 |
| Fixed deposit rates hiked by TMB |
| SBI installs call centers to tackle NPA issue |
| ICICI Bank fined for filing case on false pretext |
| Interest rates raised by PSBs |
| Second security layer for m-banking finally added |
| Camps for KCC distribution to be held by PSBs |
| One village one branch target by FinMin for 2012 |
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| January 31, 2011 |
| Corporation Bank announces hike in BPLR |
| OBC to raise lending rates in faction with peers |
| Karur Vysya Bank posts 49% rise in profits |
| PNB targets total biz of Rs 10lakh crore by 2013 |
| Refinance rates likely to be raised by NHB |
| Bhatt says teaser loans not risky at all |
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| January 28, 2011 |
| Infrastructure bonds: another tax saving instrument |
| E-stamping facility launched by Central Bank in Delhi |
| BoI plans to cater to needs of SMEs |
| HDFC Bank plans an interest rate hike soon |
| Banks get RBI nod to set up admin offices in the hinterland |
| No rate hike on the cards for UBI |
| HDFC Bank books 33% rise in profits |
| StanChart looking towards parity with domestic banks |
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| January 27, 2011 |
| IOB marks opening of 10,100 no-frills accounts in Madurai |
| SBH increases focus on financial inclusion |
| Punjab and Sind Bank inks deal with NBHC |
| Interest on cold storage loans to see a dip: SBI |
| ATM transactions now free for Fed Bank customers |
| Bankers may not raise lending and deposit rates so soon |
| Kochhar says ICICI Bank targets 500 new branches each year |
| SBI planning to grow remittance biz in Canada |
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| January 25, 2011 |
| ICICI Bank launches mega branch at Ranchi |
| Deposit rates hiked by South Indian Bank |
| Mahesh Bank introduces RTGS facility |
| Bank managers in deep trouble regarding loan disbursal |
| Bhatt refuses to call special home loans as teasers |
| Finacle plans to expand M banking biz |
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| January 24, 2011 |
| FD rates hiked by Kotak Mahindra Bank |
| Second branch of Indian Bank set in Jaffna |
| PNB launches two new branches in Kerala |
| New financial inclusion plan of SBI in Andhra |
| Retail loans from banks on a rise again |
| Indian Bank raises prime lending rates |
| Banks to adopt chip based ATMs, says RBI |
| IOB aims expansion of branch network next fiscal |
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| January 21, 2011 |
| Crisil hikes ratings of four banks |
| YES Bank posts 52% rise in profits in Q3 |
| Profits of SBH show 13% rise in Q3 |
| SBI dy manager arrested in bribe case |
| UBI posts 34% rise in net profit for Q3 |
| RBI to keep away from fraud tackling moves of banks |
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| January 20, 2011 |
| LIC housing finance posts 39% rise in profits |
| Dhanlaxmi Bank forays into gift card segment |
| Dhanlaxmi Bank ups fixed deposit rates |
| Allahabad Bank gears up for expansion |
| FinMin urges for faster inclusion plans |
| Solar ATM set up by SBI at Banni |
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| January 19, 2011 |
| HDFC Bank to charge preclosure penalty on FDs |
| Anand Sinha is the new deputy governor of RBI |
| Vijaya Bank sets up 'Jewel Loan Shoppe' |
| SBI requests RBI to remove provisioning on teaser loans |
| ICICI Bank sets cash withdrawal facility in shops |
| Leaves become mandatory for SBI employees |
| UBI gearing up to regain lost space in banking |
| Financial inclusion drive running slow for banks |
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| January 18, 2011 |
| Total business of SBT touches Rs 1 lakh crore |
| IndusInd Bank posts 75% rise in Q3 profits |
| Around 3300 villages in K'taka to be financially included this year |
| CitiBank to compensate victims to the recent scam |
| PNB expects Dana Bank to return profits in a year |
| Fixed deposit rates hiked by ING Vysya Bank |
| Students in Patna trained for mobile banking |
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| January 17, 2011 |
| Banks are not vigilant on usage of disbursed loans: RBI |
| Mobile banking to attract 2% commission from users |
| SBI drives 'Bank on Bike' in Andhra Pradesh |
| Andhra Bank launches new deposit scheme |
| HDFC Bank emerges as most popular bank of 2010 |
| UCO Bank launches 'lockless' branch |
| Crisil ups ratings of 9 MFIs |
| New FD scheme in Union Bank's kit |
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| January 14, 2011 |
| PNB in need for urgent staff hiring |
| Federal Bank introduces 'Fed Flash' |
| Obopay gets global CEO in Deepak Chandnani |
| SBI launches center for financial advisory services |
| Banks seek credit guarantee on edu loans |
| Andhra Pragathi Bank posts highest profits amongst RRBs in Q3 |
| Goldman predicts RBI raising rates by another 1% |
| IOB receives Skoch Financial Inclusion Award |
| Deepak Ahuja appointed Head, consumer banking of SBI-UK |
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| January 13, 2011 |
| SBI ties up with Airtel for financial inclusion |
| Fashionista Armani lodges FIR against Axis Bank |
| Banks may be allowed to spread pension liability over years |
| Loan and deposit books of banks rise by 1lakh crore |
| Rural banks to get common CBS, says NABARD |
| SBI chief expects 25 bps hike in RBI policy rates |
| ICICI Bank and Vodafone tie up for financial inclusion |
| Wealth management details of banks wanted: RBI |
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| January 12, 2011 |
| Should you preclose your current FD for better rates? |
| Fixed deposit rates raised by IndusInd Bank |
| Union Bank uncovers 19 Aadhaar numbers |
| HDFC's Puri says fin inclusion plans should not burden banks |
| Thomas Cook also aims for remittance facility |
| Allahabad Bank plans to raise tier II capital in Q4 |
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| January 11, 2011 |
| I-T deptt to scrutiny Citibank scam further |
| SBI restricts infra lending to reputed builders only |
| Deposit rates raisekd by Bank of Baroda |
| ICICI Bank and NIIT ink deal on MBA courses |
| Remuneration for BCs likely to see rise |
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| January 10, 2011 |
| Kotak Mahindra Bank aims to raise NRI customer base |
| New NRI deposit schemes added to PNB |
| Bank of Maharashtra sets up special branch for SHGs |
| The curious case of new bank licenses |
| NRI customers of BoI get loans at reduced rates |
| HDFC targets Rs 56k crore loan book this fiscal |
| ICICI Bank sees 'meaningful growth' in Q3 |
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| January 7, 2011 |
| Lending rates hiked by State Bank of Mysore |
| Deposit rates raised by State Bank of Patiala |
| Banks get more time to adopt new base rate method |
| NHB to roll out mortgage guarantee company by mid 2011 |
| SBI to install 600 financial inclusion centers pan India |
| Deposit rates hiked by Sundaram Finance |
| Axis Direct finally gets a launch |
| Indian Bank plans to venture into insurance |
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| January 6, 2011 |
| One PIN entry will allow one ATM transaction only |
| Allahabad Bank ties up with Integra |
| Doha Bank wants RBI license again |
| SBI officials help police in finding Citi fraud kingpin |
| RBI says moneylenders to be totally phased out |
| Personal loans are a part of banks' kitty again |
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| January 5, 2011 |
| IDBI and OBC announce deposit rate hike |
| Base rate hiked by State Bank of Travancore |
| MFIs to go to court for YES Bank's loan recall idea |
| Home loan rates to see upward movement: SBI |
| Deposit rates raised by Bank of India |
| ICICI Bank looking for local acquisitions |
| Corporation Bank to bear coaching center fees of students |
| Lacking cash with banks triggers FD war again |
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| January 4, 2011 |
| Fixed deposit rates hiked by HDFC Bank |
| SBI marches forward for educating the girl child |
| Banks worried by delayed repayments of SHGs |
| NPAs from teaser home loans starting to hit banks |
| Plastic money services affected in UP |
| RBI aims to plug fissures allowing fund raising by NBFCs |
| Prepaid credit cards coming from postal dept and banks |
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| January 3, 2011 |
| Which is better: personal loan or gold loan? |
| Shivraj Puri to face SEBI questioning in Citi fraud |
| E-fund transfer will need only bank a/c number now |
| Corporation Bank hikes base rate |
| Base rate raised by Kotak Mahindra Bank |
| RBI allows banks more time to set second security layer |
| SBI plans to venture in South Korea and Sao Paulo |
| Setting new branches in NE will not need RBI nod |
| Spread on retail loans should be fixed : RBI |
| Bombay Mercantile Bank gets fined by RBI |
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| December 30, 2010 |
| Overseas exposure of NBFCs to reduce: RBI |
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| December 29, 2010 |
| Pratip Chaudhuri expected to head SBI after Bhatt |
| Banks engrossed with interest rates only this year |
| Teaser loans may continue for SBI after December too |
| Citibank tangled in a multi crore FD racket |
| Home loans now more regulated by NHB |
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| December 28, 2010 |
| Base rate hiked by Union Bank |
| HCL ties up with Ernakulam District Co-operative Bank |
| Axis Bank is the new agent for MoneyGram |
| LAP demand on revival track |
| South Indian Bank honored as India’s best bank 2010 |
| Central Bank aims to spread reverse mortgage scheme |
| SLR sliced to 24% for rural banks: RBI |
| Accused in fake note case gets jailed |
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| December 27, 2010 |
| Central Bank of India to expand in UAE |
| Base rate, FD rates raised by StanChart Bank |
| NPAs of J&K banks see commendable dip |
| SBI targets 30 offshore branches next year |
| Corporate houses pose threat as rivals in banking space |
| RBI needs to support UCBs more, says Pawar |
| Migrants complain against banks' discrimination |
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| December 24, 2010 |
| Central Bank of India inks deal with L&T Mutual Fund |
| HDFC raises fixed deposit rates |
| ING Vysya to raise lending rates in next quarter |
| RBI measures set to kick home loan rates |
| NBFCs in housing finance business |
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| December 23, 2010 |
| Punjab and Sind Bank raises base rate, BPLR |
| Profits booked by Tripura Gramin Bank again |
| RBI approval needed for rescheduling MFI loans: Banks |
| Fixed deposits in more demand over liquid plus schemes |
| SBI cautious while lending to telcos |
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| December 22, 2010 |
| Dhanlaxmi and Doha Bank sign remittance service pact |
| Union Bank inks deal with BSNL, MTNL |
| Corporation Bank honors three erstwhile officials |
| UID will be sufficient proof for opening bank a/c |
| BoB chief expects liquidity to soften soon |
| Interest rates raised by Bank of Maharashtra |
| Another loan mahotsav by HDFC Bank in Haldia |
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| December 21, 2010 |
| The recent interest rate hike |
| IDBI Bank focuses on CASA growth |
| Money muling: big risk to customers and banks |
| Central Bank to hold blood donation camp in Lucknow |
| Goa opens to branchless banking |
| Deutsche Bank closing credit card biz in India |
| Banks plan to set training instt in Uttarakhand |
| Centenary celebrations of Central Bank started |
| NRIs have a reason to cheer |
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| December 20, 2010 |
| BPLR, FD rates raised by Union Bank |
| Allahabad Bank aims for branches in Singapore, China |
| Doha Bank, Qatar to set up NBFC here in 2011 |
| SBI organizes pensioners' meet in Patna |
| Home loan market not amiable to the old customer |
| Last phase of selecting new SBI Chief |
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| December 17, 2010 |
| Matrimonial assistance also a part of SBI's services |
| Ruzbeh Deboo appointed EVP & head global Indian banking for Yes Bank |
| PNB and Atul Auto sign vehicle finance deal |
| Policy rates remain unchanged in mid quarter review |
| SBI penetrating deeper into Chinese mainland |
| Barclays sets up first branch in Pune |
| PNB picks majority stake in Kazak Bank |
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| December 16, 2010 |
| School syllabus to have banking subject soon |
| Satellite banks and ATMs in Jharkhand soon: RBI |
| IDEA agrees to act as BC for Axis Bank |
| BOB to sell majority stake of credit card subsidiary |
| IDBI Bank raises deposit, lending rates |
| Maharashtra Coop Societies Act to be amended |
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| December 15, 2010 |
| YES Bank is now ISO certified |
| Fixed deposit rates hiked by OBC, Dhanlaxmi Bank |
| Saraswat Coop Bank wants private stature |
| Increasing role of ATMs in India |
| Lending rates raised by BoI |
| HDFC Bank card holders to be benefitted by Jet Airways travel |
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| December 14, 2010 |
| Dena Bank hikes both base rate, BPLR and FD rates |
| BPLR raised by Indian Overseas Bank |
| RBI says, minority students to be allowed no frills a/c |
| Fixed deposit rates raised by Federal Bank |
| Lending to MFIs; matter of caution for banks |
| SBI's NRI branch launched in Bangalore |
| Loan mahotsav in Orissa: HDFC Bank |
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| December 13, 2010 |
| HDFC Bank organizes blood donation camp |
| Madhavpura Coop Bank to face liquidation |
| RBI to review progress of fin.inclusion plan of banks |
| Bank of Baroda raises fixed deposit rates |
| RBI's financial inclusion plan for Assam |
| Sincere home buyers may be affected by end of teaser loans |
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| December 10, 2010 |
| Central Bank of India raises deposit rates |
| Panel report on MFIs awaited :RBI |
| Pension liability of banks on a rise: RBI alarmed |
| UID no. to be equivalent to KYC norms soon |
| Fixed deposit rates raised by KVGB |
| New bank license rules coming in January |
| HDFC Bank to upgrade ATMs for the blind |
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| December 9, 2010 |
| Deposit rates hiked by SBBJ |
| Walk in campaign by Indian Overseas Bank |
| NBFCs appointed as BCs not in interest of banks: RBI |
| Govt to interview next SBI head on 16th Dec |
| EMV chip cards much safer than SWIPE cards |
| Banks warned against money laundering acts by RBI |
| Gold loan market chunk goes to NBFCs this FY |
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| December 8, 2010 |
| Mobile banking facility launched by Dhanlaxmi Bank |
| Urban Co-ops to receive CBS this month |
| Yes Bank and NCMSL enter into strategic alliance |
| Syndicate Bank raises term deposit rates |
| Allahabad Bank and Hyundai sign auto loan deal |
| Common entrance exam for banking jobs soon |
| Indian Bank to set up 15 jewellery loan branches |
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| December 7, 2010 |
| Increasing trend of prepaid cards in India |
| SBI raises FD rates by striking 150 bps |
| FD rates raised by Bank of India |
| RBI's awareness programme in Mizoram |
| RBI's idea on interest rates receives mixed response |
| AIBEA to protest against corruption in banks |
| RBI says technology to be used for reaching masses |
| Gold loan scheme launched by BoM |
| Vizag Co-op Bank does Rs 1500 cr biz |
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| December 6, 2010 |
| Rs 64 lakh stolen from ATM in Ghaziabad |
| Govt in process to select heads of 8 PSBs |
| Passbook updation charged at non home SBI branches |
| Interest rates raised by ICICI Bank |
| Siemens eager to set up finance wing in India |
| RBI asks banks to raise FD rates, cut loan rates |
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| December 3, 2010 |
| DSAs to continue with HDFC Bank, says Puri |
| HDFC expects 18-20% growth in advances this FY |
| Cheque truncation regulations of RBI come to effect |
| Teaser loans evanish from ICICI, HDFCs' nest |
| RBI rejects banks' appeal on restrucuting edu loans |
| Ashwani Kumar appointed ED of Corporation Bank |
| NRI deposit rates hiked by SBI, Indian Bank |
| PLR raised by HDFC Bank |
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| December 1, 2010 |
| Rural pilot project of RBI gets setback |
| FD rates revised by PNB |
| SBI plans for separate Co. for pvt banking biz |
| Manager frauds Rs 2.3 crore from bank; goes missing |
| Doubt on roll over of realty loans continues |
| 2 bank personnel arrested in NREGA scam |
| Punjab&Sind Bank expects 3% growth in NIM |
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| November 30, 2010 |
| Banks take IT support to check frauds |
| Deposit rates raised by Dhanlaxmi Bank |
| Banks get liquidity aid from RBI |
| E commerce facility launched by IOB |
| Banks capable of bearing cost of fin inclusion: Chakrabarty |
| ATM cloning racket continues |
| Recovery agents bound to mend their ways now: RBI |
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| November 29, 2010 |
| IMPS- remittance facility through mobile phones |
| Definition of teaser loans sought from RBI |
| Software to monitor banking operations needed by RBI |
| Teaser loans might end soon |
| BoI stands firm on the robustness of its lending process |
| ATM network in India on a rise: NCR |
| Door step banking by Central Bank of India |
| Bank manager arrested on charges of fake note deposit |
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| November 26, 2010 |
| FM asks lenders to assess their loan exposure |
| Deposit rates raised by many banks |
| UBI, Nokia, Obopay start mobile payment service |
| Financial inclusion and literacy centre by RBI |
| UBI to set Rs 500 cr for financial inclusion in AP |
| UIDAI and PSBs will together design financial products |
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| November 25, 2010 |
| Scam bust will not affect home loan industry:HSBC |
| YES Bank, Shinsei Bank tie up on M&A deals |
| Refinance rates hiked by NABARD |
| IDBI Bank to seek refinance from SIDBI |
| Loan scam busted: 8 banking officials under CBI arrest |
| Habibpur gets Mega Loan Mahotsava from HDFC Bank |
|
| November 24, 2010 |
| Elephant Capital aims to double Ratnakar Bank stake |
| HSBC expects biz leap after acquiring RBS |
| Assam Coop Apex Bank to get NABARD aid |
| Who would succeed Sarangi of NABARD? |
| Interest rates raised by LIC housing finance |
| 'Fixed Rupee'-NRI remittance facility by ICICI Bank |
|
| November 23, 2010 |
| Mobile payment service started in India |
| Boriavi co-op bank license nabbed by RBI |
| SBI staff pull off 2 day strike |
| UBI forays into microfinance in AP |
| ATM theft continues in Panchkula |
| ATM cash withdrawals see spurt |
| Jaffna branch of Indian Bank gets SL regulator nod |
| Axis Bank to set up more rural branches |
|
| November 22, 2010 |
| ICICI Bank sees 18% growth in credit this fiscal |
| OBC seeks to expand overseas |
| Deposits not seeing prompt growth yet |
| Syndicate Bank to financially include villages in Udupi |
| Interest rates for OBC not rising soon |
| Banks asked to double limit on kisan credit card scheme |
| Central Bank aims to diversify biz arena |
|
| November 19, 2010 |
| Profits booked by Arunachal Pradesh Co-op Bank |
| SBI to launch branch targetting youth |
| Citibank launches Platinum card with Visa |
| Orissa FM strict on pvt banks for weak approach to fin inclusion |
| Weak rural banks in trouble with RBI notification |
| RRBs now free to open branches without RBI approval |
| Muthoot Finance to sell 14% stake |
|
| November 18, 2010 |
| East Godavari villages to be banked soon |
| Nov 19 will see 105 branches and 105 ATMs from Canara Bank |
| Provisioning for bad loans likely to be dipped by PSBs |
| AxisDirect: broking biz of Axis Bank coming soon |
| Banks seek raise in cap on indirect agri loans |
| Bank of Maharashtra introduces 'Swashakti' for women |
|
| November 17, 2010 |
| Panchkula: target of ATM theft |
| ICICI says interest rate hike most expected |
| SIB and Visa join to launch debit card for bank |
| Axis Bank plans to set up 100 branches in India |
| Meghalaya adopts business correspondence model |
|
| November 16, 2010 |
| SBI Cards going for turnaround, wants cap infusion |
| PNB says better returns expected on FDs |
| YES Bank seeks RBI nod for overseas expansion |
| Awards bagged by Andhra, South Indian and YES Bank |
| Stay order on Udhna Coop Bank by SC |
| Financial inclusion started by City Union Bank |
|
| November 15, 2010 |
| RBI says lesser time be taken for customer grievance redressal |
| IIFB brings course for bank employees |
| Kamath says PSBs open to new entities in banking space |
| SBI keen on Indonesian bank takeover |
| Anil Ramachandran is head of credit card biz of IndusInd Bank |
| Further investigation on education loan racket continues |
|
| November 12, 2010 |
| Deposit rates hiked by Kotak Mahindra Bank |
| Bank a/c unused for 2 years may be frozen by banks |
| Banking software subsidiary planned by IOB |
| Policy rates to see 75 bps hike in 2011, says Deutsche Bank |
| RBI Dy. governor Usha Thorat retires |
| Bhatt refuses to do away with teaser loans |
|
| November 10, 2010 |
| Q3 to be tougher for SBI |
| Total biz growth of Rs 20,000 cr expected by BoM this FY |
| Lending rates hiked by Kotak Mahindra Bank |
| SBI staff to go for strike from 25th Nov |
| HDFC Bank and Yatra.com ink strategic alliance |
|
| November 9, 2010 |
| Exhibition on foreign exchange from Nov 12: RBI |
| SBI, City Corp together bring smart cards |
| Central Bank ties up with AMW for vehicle finance |
| Deregulation of savings rate would affect inclusion: RBI |
| RRBs require Rs 2,200cr capital infusion by next FY |
| Banks may adhere to RBI's stand on teaser loans |
| Banks to push e-payment services: RBI |
|
| November 8, 2010 |
| TMB offers festival bonanza on home,car loans |
| G D Nadaf appointed as director of SBI |
| SBI plans to buy Indonesian bank |
| Base rate hiked by Corporation Bank |
| Online fund transfer limit for RTGS raised by RBI |
| Base rate remains same for Bank of Maharashtra |
| NE to get more RBI offices |
|
| November 3, 2010 |
| Interest rates hiked by IDBI Bank |
| RBI puts check on teaser loans: banks unhappy |
| Bankers say retail loan rates not to shoot up immediately |
| Restrictions lifted on Urban Co-operative banks |
| Draft guidelines for banking license come in Jan |
| Hyundai Motors ties up with PNB, OBC |
|
| November 2, 2010 |
| RBS to indulge more in CSR activities in India |
| FD rates raised by Bank of India |
| NRI deposit rates raised by Dena Bank |
| Further rate hike unlikely for SBI |
| Deutsche Bank may sell its card portfolio in India |
| SBI plans to widen its credit card base |
| Loans for entrance test coaching available with Central Bank |
| State Bank of Patiala to expand in the North |
|
| November 1, 2010 |
| Diwali gift card by American Express |
| Q2 results for Syndicate Bank show 34% rise in net |
| SBBJ raises NRI deposit rates |
| Education loan racket caught in Delhi |
| New set of products and services by IDBI |
| NRI deposit rates raised by SBI |
| Bank unions want pvt banks to get nationalised |
| Deposit rates hiked by PNB |
|
| October 29, 2010 |
| Q2 profits for PNB show 16% rise |
| PNB needs Kazak regualtory nod for acquiring Dana Bank |
| Base rate hiked by SBBJ |
| Central Bank of India plans to go overseas |
| Three new products by Corporation Bank |
| ATM usage from other bank terminals worries home banks |
|
| October 28, 2010 |
| SBH introduces retail sale of gold coins for Diwali |
| Bank manager arrested on charges of bribe |
| UBI posts 31% rise in net profits in Q2 |
| Central Bank begins financial inclusion in Gujarat |
| UBI to head northwards; targets Punjab,Haryana |
| SBI to penetrate more into retail biz in UK |
| Union Bank of India suffers against bad loans |
|
| October 27, 2010 |
| Banking service to reach 68k Karnataka villagers in two years |
| Canara Bank on recruitment drive |
| Deposit rates to be raised by NBFCs |
| Banks to be extra careful regarding KYC procedures: RBI |
|
| October 26, 2010 |
| Financial ratios as an aid to financial planning |
| Foreign holding on banks to remain at 74%: agree RBI, FinMin |
| Prepaid travel card by ICICI, American Express |
| ANZ's 1st branch to be in Mumbai |
| Base rate hiked by Central Bank of India |
| RBI bound to take air route in Naxalite areas |
| RBI insists on 2nd password for internet shopping |
| All panchayats to have one-day-per-week bank in Jharkhand |
| HDFC Bank becomes leader in credit card space |
|
| October 25, 2010 |
| Dhanlaxmi Bank sets new branch in Mumbai |
| Mumbai gets 1000 a/cs of IDBI Bank |
| Technology should lend focus to rural banking too: CGAP |
| Corporate houses taking over RRBs: objects NABARD |
| Bhatt says credit growth may drop to 18% |
| No frill a/cs to be chargeable per transaction: wants SBI |
| Growth of retail biz likely to get tough for Yes Bank |
|
| October 22, 2010 |
| Karnataka Bank issues Smart cards |
| Wall St Finance aims for mobile banking license |
| BNP Paribas focuses on Indian operations |
| Profit of Rs 77 cr for South Indian Bank in Q2 |
| Union Bank to leverage on 'Cashless Campus' |
|
| October 21, 2010 |
| New coins on Rajendra Prasad and Tagore from RBI |
| DBS Bank hikes base rate by 25 bps |
| IndusInd Bank ties up with NCMSL for collateral mgmt |
| Base rate raised by SBI by 10 bps |
| SBI and AISECT join to offer mobile banking |
|
| October 20, 2010 |
| ICICI introduces I Express for NRI remittances |
| RBI approves Visa for cross border remittance |
| RBI approves Indian Bank's branch in Jaffna |
| SBI opens second agri commercial branch in Bangalore |
| Contracts of some BoR staff at ICICI to end in 5 years |
|
| October 19, 2010 |
| IndusInd Bank and Russia's Unistream tie up for NRI remittances |
| Base rate hiked by Union Bank of India |
| Base rate for SBI likely to rise by December |
| Financial inclusion to have loan products also |
| Privilege league launched by Kotak Mahindra Bank |
|
| October 13, 2010 |
| RBI approves Axis Bank for UK subsidiary |
| SBI, Western Union to launch mobile money transfer service |
| Vijaya Bank ties up with MoneyGram |
| Bank of Maharashtra reduces home loan rates |
| ING Vysya Bank raises base rate by 50 bps |
|
| October 12, 2010 |
| Indian Bank eyes biz of Rs Rs 1.85 lakh this FY |
| IndusInd Bank all set to defeat others in growth figures |
| LIC housing finance-serious bidder for banking license |
| Deposit rate hike anticipated by CRISIL |
| Financial inclusion scheme to be leveraged by UIDAI |
| StanChart's aims to expand SME arm |
|
| October 11, 2010 |
| Deposit rates hiked by South Indian Bank for senior citizens |
| HDFC Bank to use web chat to sell home loans |
| Corporates seek 26% equity holding in sponsored banks |
| Deposit rates hiked by HDFC Bank |
| Industrial houses all set for banking license |
|
| October 8, 2010 |
| Indian operations of Citi & Barclays get fresh capital |
| New expert group from RBI regarding license to UCBs |
| NBFCs feel they are a better option for getting a bank license |
| Two officials of ING Vysya suspended over fake forex positions |
| Axis Bank to make employees run on their toes |
|
| October 7, 2010 |
| Carnival of Indian Personal Finance Blogs#10 |
| Cautions to be taken while using a credit card |
| ICICI Bank website now in Hindi too |
| HSBC to open 3 branches in under banked areas |
| Rural lending to be scaled up by SBI |
| Lending rates raised by Srei Infra & Equipment Finance |
| RBI says India bank loans up by 19% on Sept |
| CBI arrests SBI employee in Rs 5 crore scam |
| Base rate for OBC, BOI sees 50 bps rise |
| Mushtaq Ahmad is the new Chairman of J&K Bank |
| Q2 sees dipped demand in loans and deposits |
|
| October 6, 2010 |
| Teaser loans end for ICICI Bank |
| Another frequent flyer card by Citibank |
| Sundaram BNP Paribas on expansion route |
| Lending rates hiked by ICICI Bank |
| HDFC Bank raises base rate by 25 bps |
| Base rate hiked by BoB, Development Credit Bank |
| BMW sets up vehicle finance wing in India |
| Foreign banks to get bigger slice of banking pie |
|
| October 5, 2010 |
| StanChart recruiting for SME segment |
| Pilot project on interest free banking in India proposed |
| Deregulating interest on savings a/c will disturb stability: IBA |
| Turnover of Karnataka Bank expected to be Rs 450 bn in FY11 |
| Rise in deposit rates expected |
| Bhasin says interest and inflation interlinked |
| Banking license to NBFCs will enable access to cheap funds |
| More credit rating agencies to speed up loan processing |
| Banks' loan book grows at slower pace than expected |
|
| October 4, 2010 |
| Deposit rates raised by Indian Bank |
| Catholic Syrian Bank aims to mobilise Rs 1000 cr this FY |
| Base rate, BPLR see rise for more banks |
| RRBs to receive more funds as part of inclusion motive |
| Malari in Uttarakhand gets financially included |
| Free fund transfer facility to hit next month |
|
| October 1, 2010 |
| MasterCard takes 12.5% stake in Electra Card Services |
| Base rate hiked by many banks; loans may become costlier |
| Crop loans receive 50bps subsidy in interest |
| Deposit rates hiked by SBI, PNB |
| Former HDFC manager caught for deceiting NRI customer |
| UBI's growth path is technology based |
| ICICI Bank sets up retail branch in Singapore |
| ATMs still not CCTV equipped despite advisories |
|
| September 30, 2010 |
| How to check balance in savings bank account |
| Dena Bank will soon have its first three overseas branches |
| Karnataka Vikas Grameena Bank offers Kannada website |
| SBI to take the responsibility of educating poor girls |
| SKS Microfinance not foraying into banking, says its Chairman |
| LIC housing finance wants bank license |
| Decision on deposit rates coming soon: SBI |
| Who is benefitted more with base rate: banks or borrowers? |
|
| September 29, 2010 |
| SBI debit/credit cards turning to combo cards |
| Barclays Bank enters Andhra Pradesh |
| Mahindra&Mahindra signs car loan deal with Allahabad Bank |
| Teaser home loans of SBI extended till December end |
| NHB to offer concessional refinance to HFCs |
| Corporates to act as BCs for financial inclusio |
| Reliance Capital aims to foray into banking |
|
| September 28, 2010 |
| Wealth mgmt clients of Credit Suisse get new offerings |
| SKS Microfinance aiming at banking segment |
| Indian Bank wants to open second branch in Sri Lanka |
| IMS and MasterCard in alliance for secure online transactions |
| Common Entrance Test coming up for PSBs |
| Bulk banking SMS service banned by Government |
|
| September 27, 2010 |
| No Tobacco campaign by Gujarat based Cooperative Bank |
| Banking licenses to NBFCs or not: decision soon |
| Hyundai Motors and ING Vysya Bank in auto finance deal |
| Banks thinking of deferring loan rate hike in festive season |
| Indian Bank forsees 25% biz growth this fiscal |
| SBI employees least effective in bringing business: RBI report |
| States asked to stop giving biz to private banks: RBI |
|
| September 24, 2010 |
| Toyota and UCO Bank tie vehicle finance deal |
| Demand for loans sees a steep rise in September |
| Car loan mela by SBI and Maruti Suzuki |
| Teaser rates not seeing an end, says HDFC Chairman |
| Federal Bank gets new CEO in Shyam Srinivasan |
| Employee productivity scale: BoB least; Corp Bank best |
| Foreign lenders reduce manpower in India |
| Banking industry growth stimulated by PSBs: RBI |
|
| September 23, 2010 |
| Chip based smart cards gaining swift entry |
| SBI scam in Porbandar unfolded |
| Financial inclusion target postponed by one year: RBI |
| Govt aid of Rs 1500 crore wanted by Union Bank of India |
| One time repayment allowed on gold loans from RRBs |
| Penalty worth Rs 2 lakh on StanChart Bank set aside by HC |
| Deposit rates to rise by October: Union Bank |
| Prepaid cards gaining popularity over credit cards |
|
| September 22, 2010 |
| Corporation Bank targets biz of Rs 5 lakh crore by 2014 |
| MFI lending should not be capped |
| Karur Vysya Bank to soon raise Rs 450 cr via rights issue |
| Deposit rates hiked by 0.25% by Kotak Mahindra Bank |
| Bankers to meet RBI for test efficiency of NatGrid |
|
| September 21, 2010 |
| Know if you are in CIBIL’s list of defaulters or not |
| Special branch for corporate salary account holders by SBI |
| SBI refreshes credit offtake target to 18% |
| MFIs may charge high interest rates than banks |
| Punjab & Sind Bank to act as registrar in UID project |
| All woman bank faces hurdles for expanding reach |
| Online remittance facility for NRIs: Kotak Mahindra Bank |
| Magma Fincorp targets semi urban and rural areas |
| Base rate to remain unchanged for Yes Bank |
|
| September 20, 2010 |
| Interest rates not to see any rise before October |
| Special product by J&K Bank to uplift small biz |
| Interest rates not to rise immediately: O P Bhatt |
| O P Bhatt favors merger of SBI with its associates |
| Saraswat Bank targets Rs 25,000 crore biz for this fiscal |
| RBI Young Scholars Award Scheme launched by SBI |
|
| September 17, 2010 |
| South banks target north Indian geography |
| NHB to aid in refinancing NBFCs |
| UBI plans on increasing interest rates |
| Sunil Sanghai named MD and Global Banking head of HSBC |
|
| September 16, 2010 |
| Kingfisher, ICICI Bank bring new credit card |
| Govt, defense personnel & teachers get special personal loans: HDFC |
| SBI, ICICI Bank to outsource ATM management |
| Mahindra Finance targets 45% growth in profits this fiscal |
| Branch banking reaches the local grocery store : SBI |
| Airtel permitted to start mobile payment services |
| Bankers expect a repo hike but not CRR |
|
| September 15, 2010 |
| Festival offer 2010 by Indian Bank |
| Education loan norms being strictened by banks |
| Vijaya Bank and Hyundai Motors join hands |
| High returns deposit schemes make a comeback |
| Mid level crisis forces UBI for lateral recruitment process |
| Memon co-op bank acquired by BoB |
|
| September 14, 2010 |
| How far can new banking licenses be banked upon? |
| New savings bank product for women : Karnataka Bank |
| SBI aims to make use of its technological platform |
| Muthoot Fin to increase presence in Andhra |
| Mirzapur village gets financially included |
| RBI targets mobile banks to cover rural India in 5 years |
| Tamilnad Mercantile Bank in fix over Ramesh Vangal's shareholding |
| Minority shareholders plea on BoR merger dismissed : SC |
|
| September 13, 2010 |
| Festive offers by Public sector banks |
| Punjab and Sind Bank targets 1000 recruitments this season |
| Magma Fincorp wants 25% growth in loan book this fiscal |
| Dhanlaxmi Bank aims to raise NRI deposits to Rs 1000 cr this fiscal |
| RBI panel suggests laws to make banks customer accountable |
| Foreign banks likely to get entry on condition of financial inclusion |
| Credit card usage declines in India |
|
| September 10, 2010 |
| Federal Bank links ATMs to NFS |
| World Finance Awards 2010: ICICI Bank bags three awards |
| Kidwai says private banks cant cut salary for PSBs |
| Axis Bank marches ahead for financial inclusion |
| Higher base rate proves costly for banks |
| Policy rates likely not to change in September review:HSBC, CBI |
|
| September 9, 2010 |
| Credit offtake for Nabard sees two fold rise |
| Federal Bank aims to attain Rs 75000 cr biz this fiscal |
| Heavy lending by NBFCs can lead to asset bubble: RBI |
| IMT facility launched by Axis Bank |
| RBI may deregulate savings a/c rates soon |
| RBI says growth of mobile banking still slow |
|
| September 8, 2010 |
| IOB urges people to open savings bank a/cs |
| Vijaya Bank concentrates on biz in north India |
| New avatar of teaser loans for HDFC Bank |
| BoB plans to raise capital worth Rs 4000 cr this FY |
| No more cheap funds to MFIs from banks |
| Competency for financial inclusion gives edge in banking license |
| Bank strike affects services in Left governed states |
| RBI governor urges for pay rise in PSBs |
|
| September 7, 2010 |
| Interest subvention to banks for lending farm credit |
| PSBs spend more on wages than private counterparts |
| Banks asked to cut cost of low value transactions |
| BPLR raised by HDFC Bank |
| Teaser loans for SBI may continue post Sept too |
| UK wishes to have more Indian banks operating there |
| SBI not party to today's strike |
|
| September 6, 2010 |
| Ultra HNI targeted branch by SBI in Hyderabad |
| Migrant workers of Surat get access to mobile banking |
| RBI says frauds and dubious offers have risen in 2 years |
| Debit card processing should be charged: bankers, retailers |
| Axis Bank wants a branch in London |
| Salary of RBI governor less than 5% of top bankers |
| Facelift for rural India |
|
| September 3, 2010 |
| Festival rebate upto1% by Allahabad Bank |
| Central registry for mortgaged houses coming from CIBIL, NHB |
| Seven more branches by State Bank of Patiala in Punjab |
| IDBI waives minimum balance need for current & savings a/cs |
| Pre paid cards launched by Central Bank of India |
| Citigroup renders emphasis on financial inclusion |
| Canara Bank gets new CMD |
| UCO Bank to get 6 month relaxation on PCR |
|
| September 1, 2010 |
| Former ED of J&K Bank is the choice for next head |
| RBI says new entrants should be strong for financial inclusion |
| Fund outflow due to pension and gratuity hurts banks |
| Any further rate hike unlikely |
|
| August 31, 2010 |
| CIBIL and its role in credit risk management |
| Two officials of Bank of India held under loan scam |
| Finacle's next target: co-op banks |
| Car loan rate hike by HDFC Bank |
| All India bank stirke on September 7 |
| SBI's merger plan with remaining associates still laggard |
| Deposit rates hiked by PNB and Union Bank |
| Banks to be fined for holding coins and not circulating them |
|
| August 30, 2010 |
| Kotak Mahindra Bank launches NRI Credit Card |
| Kotak Mahindra Bank opens new branch at Kozhikode |
| PNB's new launch: 'PNB NRI REMIT-India' |
| HDFC Bank targets 150 more branches by fiscal end |
| Banking industry still lagging in credit offtake: O P Bhatt |
| RBI acts to increase coin flow in North East |
| J&K Bank seeks new CEO from RBI |
| PFC to enter into banking segment |
|
| August 27, 2010 |
| Teaser rates continue despite rate surges |
| State Bank of Mysore gives lowest crop loan rates |
| BoR shareholders get shares after merger |
| L&T plans to foray into banking industry |
| Banks asked to provide bank a/c to minority students |
|
| August 26, 2010 |
| Unique money transfer facility by Western Union and SBI |
| Shriram Group no more to buy Citi Financial India |
| SBI considers merger of its remaining associates |
| Loan book of banks sees no surge after Q1 |
| HSBC plans to slow progress in retail & credit card segment |
| First Australian bank becomes operative in India |
|
| August 25, 2010 |
| Andhra Bank's financial inclusion plan in full flow |
| Preferred banking service for emerging affluent class: StanChart |
| ATM cloning creating havoc in country |
| HSBC to open seven new banking centres |
| State Bank of Indore would become part of SBI from Aug 27 |
| Laxmi Vilas Bank to foray into housing finance |
| Amalgamation brings down the number of RRBs to 82 |
|
| August 23, 2010 |
| BPLR hike unable to take customers to base rate |
| Branch banking diminishing in presence |
| RBI goes strict on PSBs regarding IT implementation |
| Interest rate on personal loans to rise |
| Banks get permission to accept I-T payments |
|
| August 20, 2010 |
| Aptus Value Housing to offer affordable home loans |
| Deposit as well as lending rates hiked by SBBJ |
| Anshu Jain should be Deutsche chief: Indian Bankers |
| IIM Indore takes steps towards financial inclusion |
| September review likely to bring another policy rate hike |
| Co-op banks under RBI scanner |
|
| August 19, 2010 |
| Need of nomination in bank accounts |
| Bank credit cards to act as ID proof for rail journeys |
| SC refrains from giving NPA recovery directions to banks |
| HFCs not to bring any rise in home loan rates |
| PNB grants festival bonanza on home loans |
| Increasing defaults in edu loans worry banks |
| Ambitious target of Rs 50,000 cr biz by Karur Vysya Bank |
| Hassle free staff migration from BoR to ICICI |
| Deutsche Bank aims at achieving 30% biz growth |
| Lending rates hiked by State Bank of Indore |
|
| August 18, 2010 |
| Deposit rates hiked by Indian Bank |
| Bank of Maharashtra expects next capital infusion in fiscal end |
| Technology based NPA calculation demanded by Govt |
| Dhanlaxmi Bank sets target of Rs 28000 crore biz |
| Debit cards outshining credit counterparts |
|
| August 17, 2010 |
| Competition likely to stiffen in home loan market |
| Bank employees receive another pension option |
| Deposit rates hiked by SBI |
| IBA says lending rates need to be raised |
| Corporates getting bank license still a debatable topic |
| RBI experiments contractual hiring |
| Home and car loans turn costly |
|
| August 16, 2010 |
| New customer friendly branch launched by CitiBank |
| Interest rates for SBI to rise in a day or two |
| Interest subsidy edu loan scheme fails |
| Car loans likely to get costlier |
| PSBs outshine private peers in ROE |
| Banks asked to look into security of customer lockers |
| Banks need to take swift action soon |
|
| August 13, 2010 |
| IDFC has no plans to enter banking arena |
| Bill to lower govt stake in SBI gets Parliament approval |
| Deposit and lending rates of SBI to see a hike soon |
| Forgery case worth Rs 1 crore reported on SBI a/cs |
| Muslim students denied bank a/cs in Bihar |
| Credit Suisse receives banking license in India |
| Banking major SBI books 25% rise in profits |
| ICICI-BoR merger gets RBI nod |
| Discussion paper on holding structure for banks awaits release |
|
| August 12, 2010 |
| Deposit rates raised by Punjab and Sind Bank |
| FD and credit card to run hand in hand |
| Takeover of RRBs not a cakewalk for corporates |
| Lending rates of Canara Bank see 0.50 % hike |
| Srei Infrastructure Finance eyes banking arena |
| RBI reports 19.73% credit growth of banks in 1 year |
| Fewer bank licenses from RBI's kitty |
|
| August 11, 2010 |
| Polymer currency to replace paper notes |
| Union Bank allots Rs 500 cr for financial inclusion drive |
| Discussion paper on bank license may come on Aug 11 |
| PSU Bank heads and FM to meet this weekend |
| Applications of 18 foreign banks under processing for license |
| Allahabad Bank also in the league of PLR hikers |
| Recovery methods of banks bring several complaints |
|
| August 10, 2010 |
| Yes Bank-Nokia mobile banking service coming soon |
| RBI directs banks to provide 1% rate subsidy on home loans |
| Govt. stake in NABARD may rise to 99% |
| Deposit and lending rates hiked by OBC |
| HSBC gets new director in Naina Lal Kidwai |
| PLR raised by 25 bps by UCO Bank |
|
| August 9, 2010 |
| Visa, MasterCard to receive Indian competitor |
| Karur Vysya Bank aims at 26%growth this fiscal |
| Banks not complying to RBI guidelines on no frill a/cs |
| PLR rates see 50 bps hike by Bank of Baroda |
| ICICI, HDFC Bank charged for violating recovery guidelines |
| RBI nod awaited for ICICI- BoR merger: Kochhar |
| Stronger online security needed for banks: RSA |
|
| August 6, 2010 |
| Base rate seems to be a better option to choose |
| IDBI Bank to review the variable pay system |
| Retail loans to form 30% of loan book: Dhanlaxmi Bank |
| IndiaBulls no longer wants bank license |
| Rising frauds necessitates bank locations near police stations |
| Police decides to issue management guidelines for banks |
|
| August 5, 2010 |
| Mumbai airport gets Platinum lounge by American Express |
| Dhanlaxmi Bank brings out retail products |
| Banks asked to hurry up lending under PMEGP |
| PLR of IDBI Bank raised by 50 bps |
| Dhanlaxmi Bank's prime focus- retail banking |
| Barclays increasing ATM count in Mumbai, Delhio region |
| Corporation Bank signs MoU with UIDAI |
| StanChart draws 1/5th of its net profit from India |
|
| August 4, 2010 |
| Education loans see a dip in Gujarat |
| Allahabad Bank's domestic expansion aims focus south |
| PR Somasundaram appointed as MD & CEO of Lakshmi Vilas Bank |
| Forex cards to replace traveller's cheques soon |
| HDFC Bank to add another 250 branches to its kitty |
| Govt. active again in picking NABARD and NHB stakes |
| Allahabad Bank to venture in China |
|
| August 3, 2010 |
| Fraud CA arrested for duping customers |
| Shyam Srinivasan to be the next MD & CEO of Federal Bank |
| Union Bank to open subsidiary in UK |
| Shriram Group aiming to buy Citi Financial |
| RBI considers idea of corporates in the shoes of BCs |
| Post Offices to aid Govt. in financial inclusion drive |
| Lending rates hiked by Corporation Bank |
| Serving officials replace retired nominee directors in banks |
|
| August 2, 2010 |
| Deposit rates raised for Kotak Mahindra Bank too |
| Dena Bank lowers NRI account rates |
| Lending rates for ICICI Bank may rise post Sept |
| Union Bank raises deposit rates by upto 1% |
| ICICI Bank deposit rates raised by 25-75 basis points |
| HDFC Bank projects 25% growth in loan book this fiscal |
| ICICI Bank achieves net profit of Rs 1,026 crore in Q1 |
| Banks' new idea to let customers into base rate |
| ICICI, StanChart violate norms; RBI fines them |
|
| July 30, 2010 |
| Online fund remittance facility launched by Central Bank |
| SBI and Oxigen Services join hands |
| Axis Bank may also hike deposit rates |
| Q1 results for Central Bank of India show 26% rise |
| Andhra Bank targets 25-27% growth in credit |
| Deposit rates for PNB to see 25-50 bps hike |
| Priority sector target fulfilled upto 88.7% |
|
| July 29, 2010 |
| Ceiling necessary on promoters' holding in private banks: RBI |
| HDFC Bank's deposit rates raised upto 75 basis points |
| PSUs not in Govt's eye for banking license |
| BPLR may finally not evanish in totality |
| Haj committee selects IndusInd Bank for forex biz with Haj pilgrims |
| Deposit rates raised by 0.5% by Central Bank of India |
| India Post asked to get tech savvy for bank a/cs |
| SBI-State Bank of Indore merger starts from Aug 26 |
| Monetary policy to be reviewed every 45 days |
|
| July 28, 2010 |
| Home loan rates see no hike in near term |
| Banks urge RBI to signal farmers to repay loans on time |
| Banking license still far away from corporates |
| Hyundai Motors and UBI sign vehicle finance deal |
| Fake notes discovered in RBI treasury, Jaipur |
| Another policy rate hike by RBI |
|
| July 27, 2010 |
| Carnival of Indian Personal Finance Blogs # 9 |
| PNB targets Rs 5,250 cr biz in Orissa circle this fiscal |
| ATM robber nabbed in Khadki |
| Credit card disbursal sees 27% dip |
| Allahabad Bank & UCO Bank focus on retail banking |
| Celent Model Bank 2010 award bagged by HDFC Bank |
| Dena Bank awaits Rs 600 cr capital infusion from Govt. |
| Union Bank of India posts 36% growth in profit for Q1 |
|
| July 26, 2010 |
| Gujarat sees 61% rise in home loan disbursals |
| PNB develops loan book, bad assets cause worry |
| Government revises pay scale and allowances of RRBs |
| Mobile banking may soon get additional facility studs |
| Indian Bank to expand within and outside India |
| Rise in NPA level of banks expected |
| Interest rate hike seems inevitable |
|
| July 23, 2010 |
| SBI ties up with Western Union for international cash to a/c transfers |
| Federal Bank eyes total biz of over Rs 75,000 crore |
| IDBI Bank plans to take its home loan wing under its umbrella |
| Lakshmi Vilas Bank targets the NBFC arm of CitiGroup |
| Bank of India on aggressive branch expansion plans |
|
| July 22, 2010 |
| Credila Financial Services expects 2.5 times growth in loan book |
| Panel on financial inclusion meets to talk on status quo |
| Bajaj group plans to foray into banking segment |
| Yes Bank aims to gather Rs 1,500 cr tierII debt this fiscal |
| Kotak Mahindra Bank posts net profit of Rs186 cr in Q1 |
| The growing roots of microfinance in India |
| Yes Bank targets 30% CASA ratio in five years |
|
| July 21, 2010 |
| Financial planning: a tool to retire happily and enjoy the life ahead |
| Canara Bank posts 82% profit in Q1 |
| Study reveals retail banks failing to allure customers |
| IDBI Bank to consider capital infusion of Rs 3,119 crore |
| Large financial institutions may get a new regulatory structure |
| SBI's new initiative: bank account just for Re1 |
| Economic growth depends on accessibility to bank a/c by poor: FM |
| Lending rates likely for another 25 bps rise |
|
| July 20, 2010 |
| Online remittance facility incorporated by StanChart |
| ICICI Bank expects lending rates to rise after September |
| BoB eyes northern India for increasing biz |
| HDFC Bank targets 20% credit offtake |
|
| July 19, 2010 |
| Indian Bank ties auto loan deal with Toyota Kirloskar Motors |
| Banking sector and ICICI to grow at 20% rate: Kochhar |
| Andhra Pradesh to offer collateral free crop loans |
| RBS reduces retail portfolio further |
| Recourse to SIDBI and NHB refinance increased by banks |
| Phishing SMS, mails detected by RBI |
|
| July 16, 2010 |
| Public sector banks suffer from base rate |
| LIC Housing Finance grows loan book by 51% in Q1 |
| Progress of PNB may get hit by staff shortage |
| Illegal non banking firms need to be nabbed soon: RBI |
| SBI-State Bank of Indore merger receives Cabinet approval |
| Axis Bank puts a good show in Q1 of this fiscal |
| Religare buys part of Citi's home loan portfolio |
|
| July 15, 2010 |
| UP to receive door to door banking service soon |
| DIPP confers same status to ICICI, HDFC as nationalized banks |
| SBI-State Bank of Indore merger decision by Cabinet tomorrow |
| Telecom firms shell out Rs 1.62 lakh crore from banks in June |
| Q1 results for HDFC show its competency to sustain stiff competition |
| Q1 results show rise in deposits & advances of banks |
| Checking cyber crime is the need of the hour |
| Any further rate hike might hurt industry growth momentum |
|
| July 14, 2010 |
| BoM to compensate customer for service negligence |
| SBI projects comfortable liquidity by July end |
| ICICI Bank and Harley Davidson tie vehicle finance deal |
| Yes Bank enters into agreement with Poalim Capital Markets |
| Barclays Shared Services appoints Sameer Chadha as CEO |
| SBI plans to invigorate village adoption scheme |
| FE India’s Best Banks Awards announced |
|
| July 13, 2010 |
| HDFC Bank to bring out around 5 lakh chip based cards this fiscal |
| Thirteen new branches expected from KVG Bank |
| Bankers urge RBI not to raise CRR |
| Annual FE India’s Best Banks awards function today |
| Credit growth this fiscal expected at 20%: bankers |
| Banks to say adieu to BPLR by June 2011 |
|
| July 12, 2010 |
| New directives on credit cards: RBI |
| BNU connection of SBI renders it heritage value |
| UID authority urged by Govt. for monitoring education system |
| SBI & ICICI Bank get a year and 6 months respectively for PCR norm |
| IndusInd Bank has a sharp facelift |
| Deposit growth rate of banks slow down |
| RBI seeks CBI help to curb phishing scams |
|
| July 9, 2010 |
| BofA-ML plans double growth in India revenue |
| Banks' profits in June quarter to be led by loan growth |
| Education loan of PSBs dips to 23% |
| PNB and SEED tie up for income earning scheme |
| Special car and home loans by SBH |
| RBI directs realty builders to name their lender banks |
|
| July 8, 2010 |
| ATM cash misses; police holds SBI staff |
| Villages of East Godavari basin yet to get banked |
| SBI eyes bulk deposits amidst tight liquidity conditions |
| Banks unite to collect data against fraud,security risk |
| Telecom Cos. have to abide by RBI for mobile commerce |
| CIBIL detect-Cibil's new database of fraudsters |
| RBI warns public against false lotteries in its name |
|
| July 7, 2010 |
| Malaysian unit of Andhra Bank to start in 3 months |
| Education loan rates likely to be 2%+base rate |
| AP state co-op bank adopts laser soft solution |
| Federal Bank wants Srinivasan as CEO |
| MFIs also seek participation in UID project as registrars |
| G Bharadhwaj is the new personal finance head of HSBC India |
| Government may incorporate more gramin banks in rural areas |
| HSBC projects RBI hiking rates by 125 bps this fiscal |
|
| July 6, 2010 |
| Purpose of anywhere, anytime banking seems to disappear |
| Nationwide bandh disrupts banking operations |
| Chanda Kochhar urges on tax free bonds by banks |
| Khandelwal committee report opposed by RRB employees |
| Cost of funds for NBFCs may increase with base rate |
| ICICI Bank indicates null effect of base rate on old home loans |
| Liquidity crunch forces banks to raise bulk deposit rates |
|
| July 5, 2010 |
| HDFC extends teaser loans too |
| Key policy rates hiked by RBI |
| Car loan rates likely to take peak |
| Mobile money services of Yes Bank launched in Chandigarh |
| Anantharaman to be back to Standard Chartered Bank |
| SBI becomes first registrar of UIDAI |
| Vishwavir Ahuja to be new head of Ratnakar Bank |
| HSBC finally buys out RBS' assets |
| Salaries of top bankers asked to be capped : RBI |
| Base rate: new topping on old pie |
|
| July 2, 2010 |
| Interest rates on NRI deposits lowered by Dena Bank |
| HDFC Bank plans takeover of a south based bank |
| Green Channel Counter facility launched by SBI |
| Crisil says profits of banks may not affect banks |
| SBI expects to get approval for merger with State Bank of Indore |
| SBI chief expects interest rates to be stable |
| RBS looks for tripling wealth mgmt biz in India |
| Axis Bank sets target of financial inclusion of 12,000 villages |
| SBI Kerala circle plans net and mobile banking expansion |
|
| July 1, 2010 |
| Laxmi Vilas Bank to foray into home loan segment |
| Teaser rates for home and car loans till Sept end: SBI |
| SIDBI books highest ever loan sanctions and disbursements |
| Committee on HR issues in banks seeks Maharatna status for SBI |
| Japanese Sumitomo buys 4.5% stake in Kotak Mahindra Bank |
| ICICI Bank sets base rate at 7.5% |
| How much impact would base rate bring? |
| Online trading services launched by Vijaya Bank |
| Base rate for Indian Overseas Bank set at 8.25% |
|
| June 30, 2010 |
| Base rate for ICICI Bank to come today |
| Higher the CASA ratio, lower the base rate, says SBI |
| HDFC Bank projects all base rates to be around 6.75-8% |
| PNB declares base rate at 8% |
| SBI borrows funds from market to sail through liquidity crunch |
| SBI declares base rate at 7.5% |
| Credit report essential for loan negotiation |
|
| June 29, 2010 |
| IndusInd Bank to raise Rs 1000 cr by share sale |
| Teaser loans to evanish with base rate setting foot |
| Deregulation of savings deposit rates to benefit customers |
| Uttarakhand shows 36% growth in banking sector |
|
| June 28, 2010 |
| Aerocity project leads banks to lower lending rates |
| ICICI Bank projects 20% rise in home loan demand this fiscal |
| Base rate data sought by Govt. from banks |
| Yes Bank puts a good show in priority loans |
| Priority sector lending raised by Karnataka Bank |
| SBI’s base rate finally around 7.75% |
| Foreign banks seek equal status for local incorporation |
|
| June 25, 2010 |
| Man steals cheque from bank ATM, encashes it in same bank |
| Govt. infuses capital in 5 PSU banks |
| Magma Fincorp aims at achieving 20% growth in FY 2010-11 |
| SBI questioned by parliamentary committee on base rate |
| Scheme on subsidy of education loans made operational |
| Indian capital markets not yet set for financial inclusion |
| RBI approval sought by BoR for merger with ICICI Bank |
|
| June 24, 2010 |
| Bankers say that base rate to lie between 8-8.5% |
| RRBs seek more autonomy to open rural branches |
| Corporation Bank makes net banking more secure |
| HSBC hiring Indian Global Banking head from Goldman |
| PNB to buy 58% stake in life insurance firm |
| ING to sell 3.1% stake in Kotak Mahindra Bank |
|
| June 23, 2010 |
| PNB gets AAA rating from Care ratings |
| SBI targets reduction of retail bad loans by 3% |
| SBI in a fix over base rate |
| Shareholders of BoR give approval to ICICI-BoR merger |
| Rabobank finally sells its stake in YES Bank |
|
| June 22, 2010 |
| HDFC Bank managers in Thiruvanathapuram released on bail |
| RBS likely to sell some Indian operations to HSBC |
| Strike by BoR employees affects banking services in Rajasthan |
| RBI votes for mobile banking drive led by banks |
| Deregulation does not only imply rise in savings a/c rates |
| Deregulation of savings deposit rates may hit NIM of banks |
|
| June 21, 2010 |
| Corporation Bank reveals base rate between 8.25-8.5% |
| SBI- State Bank of Indore merger approvals by July |
| Absence of PAN card details may lead to closure of bank accounts |
| Shareholders of ICICI -BoR to meet today for merger approval |
| Trai and RBI decide on roles regarding mobile banking |
| RRB branches sponsored by BoR will also come under ICICI |
|
| June 18, 2010 |
| Banks to give credit cards on no frill accounts soon |
| South Indian Bank joins hands with BNY Mellon |
| ICICI Bank lodges complaint against rumours of a $1-billion US lawsuit |
| Savings bank deposit rates likely to be deregularized |
| Debit cards attract more demand than credit cards |
| Overseas branches of SBI show 50% rise |
| SBI acts towards customer grievance in Andhra |
| ICAI opposes SBI's idea of appointing single auditor |
|
| June 17, 2010 |
| SBI at par with HDFC in home loan segment |
| SBI offers loans to ex-servicemen |
| Bankers worry over lending to farmers & exporters in the base rate system |
| Andhra Bank expects retail loan book to grow upto 50% |
| RBI assures no rise in the borrowing cost with base rate |
| SBI aims to foray into wealth management biz this fiscal |
| RBI asks for removal of deputy MD of BoR |
|
| June 16, 2010 |
| Changing face of education loans |
| Loans now available to farmers at concessional interest |
| Bank of Baroda considers opening more branches in Trinidad |
| SBI takes aid of private banking to attract more customers |
| Rahul Shukla appointed as head of corporate banking for Citi |
| Equality in treatment sought by foreign banks |
| Three new loan schemes launched by Vidya Sahakari Bank |
|
| June 11, 2010 |
| SBI Card turns out as most trusted card brand |
| ICICI Bank prioritizes focus on rural sector |
| SBI to train employees on banking technology |
| CIBIL on spree to widen client base |
| Private banks aim to set up clearing houses |
|
| June 10, 2010 |
| PSU Banks act to control overhead costs |
| Vinayak Prasad appointed as President & Country Head-CardsManagement for Yes Bank |
| SBI aims for rights issue worth Rs 20,000 crore |
| NHB insists on banks lending more to HFCs |
| Base rate for HDFC Bank to be around 6% |
| Base rate for SBI to be around 7.5-8.5% |
|
| June 9, 2010 |
| Banks bank on low cost branch models |
| State Bank of Mysore aims for 33% CASA ratio; 19%credit growth |
| O P Bhatt holds seat of IBA chief |
| Sumit Jalan appointed as ECM head of Credit Suisse India |
| SBI's stake acquisition in Tata Motors Finance awaits RBI approval |
| YES Bank to expand branch network |
|
| June 8, 2010 |
| NIM of banks unlikely to be affected by base rate |
| Teaser rates extended to car loan market too: SBI |
| Indian land seems lucrative for more foreign banks |
| Hindustan Motors and SBI tie up in auto financing deal |
| Andhra Bank ties up with UAE Exchange Centre for faster remittances |
| RBI considers allocating MFI's as business correspondents |
| Possible rise of FD rates by September 2010 |
| RBI permits some banks to collect Income Tax |
|
| June 7, 2010 |
| SBI-State Bank of Indore merger gets RBI approval |
| Deposit rates hiked by ING Vysya Bank |
| Loan Against Property scheme back for HDFC Bank |
| Interest rate on home loans likely to rise |
| Banks go for legal check of loan documents prior to base rate regime |
| Major chunk of home loan market grabbed by big banks |
| Cost of deposits act as parameter for SBI's base rate |
| PNB introduces special credit cards for the blind |
|
| June 4, 2010 |
| Rajiv Nayar appointed as Citi's head of capital markets origination |
| ICICI card holders to get 30% discount for travelling via Yatra.com |
| HDFC Bank clears its current intention against any takeovers |
| PSB employees to receive incentives to perform better |
| State Bank of Hyderabad to make 2,600 hirings this fiscal |
| Exporters threatened by banks with their names going to Cibil blacklist |
| Dutch bank Rabobank plans sale of stake in Yes Bank |
| RBI enables online tracking of filed applications |
|
| June 3, 2010 |
| Denim major Levi's joins hands with four banks |
| Large job switches seen amongst I- bankers |
| IDBI Bank sets up Dubai branch |
| Credit camp organized by SBI for dairy farmers |
| Fortnightly results show dip in total deposits |
| Refilling cost of ATMs rise following rise in withdrawal limits |
| Subbarao happy over GDP; inflation still worries |
| C'wealth Games to earn heavy biz for Central Bank |
|
| June 2, 2010 |
| Deposit rates slashed by Axis Bank |
| SBI Chairman to take seat of IBA chief too |
| StanChart to come up with 100 express banking centers |
| NPA levels of banks to rise this fiscal: rating agencies |
| RBI setting up panel for improving customer services in banks |
| Loan defaulters rejected from availing bank license |
| Banks to be set up in 49 blocks of Assam: RBI |
|
| June 1, 2010 |
| SBI plans to give incentives to its employees |
| Target date for SBI to meet 70% pcr expected to be September 2011 |
| SFIO investigation ruled on Global Trust Bank: Govt. |
| BoR shareholders refused by SC for petition against merger |
| Axis Bank denies plans of acquiring regional bank |
|
| May 31, 2010 |
| Canara Bank to expand in the North |
| Tripura Gramin Bank books commendable profits |
| ATM withdrawal limit now increased by HDFC Bank |
| Base rate to care for the existing home loan borrowers |
| Short term corporate lending rates on the verge of rise |
|
| May 28, 2010 |
| NABARD declares to encompass 9.4 mn more for farm loans this fiscal |
| GIM approved projects to get Rs. 6000 crore loan from SyndBank |
| Banks on NFS to pay 80p per ATM transaction |
| Finance Ministry's proposal on selecting bank chiefs rejected |
| Public warned against dubious offers of cheap foreign funds: RBI |
|
| May 27, 2010 |
| Banks come together to reach consensus on base rate |
| Short term corporate loans raised by SBI |
| Tripura to take strict measures against unauthorized non-banking institutions |
| Central Bank of India plans to let go off some bad loans |
| AIBOC warns of 2 day strike against ICICI-BoR merger |
|
| May 26, 2010 |
| 2 culprits nabbed for internet banking fraud |
| Common entrance test for bank jobs may get a re-start |
| Interest subsidy scheme on education loans mandated on all banks |
| Ujjivan Financial Services to reduce interest rates |
|
| May 25, 2010 |
| Innovative education loan scheme for IIM aspirants |
| PNB plans to increase global presence |
| Licensing regulations relaxed: banks gear for expansion |
| ICICI targets the pinnacle of banking industry |
| SBI plans financial inclusion of 50,000 villages this fiscal |
| Amount of funds parked by banks with RBI declines |
|
| May 24, 2010 |
| NHB expects rise in reverse mortgage loan offtake |
| SBI negates the idea of any interest rate hike |
| Mobile banking still not flourishing amongst customers |
| SBI comes to the aid of the Mangalore crash victims |
| The ICICI - BoR merger finally cleared |
| RBI pushes banks to cater to ATM problems in a week |
|
| May 21, 2010 |
| Banks to follow competitive pricing with base rate |
| Government troubling the ICICI-BoR deal |
| SBI increases loan limit by ten times |
| StanChart Bank to take over UTI securities |
| Teaser loan scheme of SBI may extend further |
|
| May 20, 2010 |
| I-T Department to come up with new taxpayers schemes |
| StanChart plans 2500 recruitments for 2010 |
| Employees of BoR protest against its merger with ICICI Bank |
| Banks in Guwahati get permission to collect income tax |
| Bankers expect this fiscal to earn better |
| The nativeness of private banks to be decided by RBI |
|
| May 19, 2010 |
| Jet Airways and SBI Card join hands in travel card segment |
| Axis Bank to step up its retail loan book |
| Mobile banking service of SBI extended to non- Java, non- GPRS systems |
| Net interest income of banks take a rise |
| Troubled Bank of Rajasthan to merge with ICICI Bank |
|
| May 18, 2010 |
| Credit card holders decline in number |
| Banks fear profits being hit by base rate |
| Fake notes creating rampage in the country |
|
| May 17, 2010 |
| Oriental Bank of Commerce to come up with Dubai branch |
| ICICI and HDFC to still bear foreign tag but with some exemptions |
| Barclays bringing 140 jobs from UK to India |
| SBI's profit declines in Q4 owing to rising NPAs |
| Axis Bank signs the largest ATM outsourcing deal of India |
| Rise in interest rates expected soon: SBI |
|
| May 14, 2010 |
| Three day long ATM strike to hit Bengal this month |
| HDFC Bank again extends teaser loan scheme |
| Loans to environment friendly projects need priority status |
| IndusInd Bank aiming for a rebranded identity |
| 926 branches in Mumbai region to receive advance income tax: RBI |
|
| May 13, 2010 |
| Shifting home loans may be allowable to curb rate hikes |
| Kotak Mahindra Bank shows promising results in Q4 |
| Kotak planning to acquire CitiFinancial |
| PSU Banks unable to reach 18% agriculture advances target |
| Beware of phishers coming with fake bank portals |
| Citi India appoints 5 senior executives |
|
| May 12, 2010 |
| WorldMiles credit card - just another frequent flyer card? |
| Sundaram BNP Paribas Home Finance books 40% rise in loan book |
| YES Bank sets ambitious target of being No.4 in 5 years |
| RBI and Govt. urge the merger of urban Co-ops with PSBs |
| YES Bank to roll out ATMs on outsourced model |
| SBI aims to financially include 12000 villages this fiscal |
|
| May 11, 2010 |
| Asian Banker award bagged by SBI |
| Choose a gold loan instead of a personal loan |
| Bank of Maharashtra applies for Rs. 1800 crore capital infusion |
| CRISIL warns delapidation of banks' asset quality |
| City Union Bank aims 30% rise in credit an deposit |
|
| May 10, 2010 |
| Capital infusion worth Rs. 1500 crore to reach 4 banks soon |
| ICICI Bank still insists on being the second largest lender of the country |
| Vijaya Bank aims to generate Rs. 1.26 lakh crore biz this fiscal |
| Personal loans would be the target for public sector banks to shoot up margins |
| As era of base rate nears all await SBI's call |
| Banks shield home loan borrowers from monetary tightening measures of RBI |
|
| May 7, 2010 |
| Syndicate Bank to clear test on asset quality and deposit growth parameter |
| PNB overtakes ICICI Bank to become the second largest lender of the countr |
| Agricultural loan rates eased by SBI |
| Small units now entitled to collateral free loans upto Rs. 10 lakh: RBI |
| Union Bank books 27% rise in Q4 net profit |
| No borrower specific base rates: RBI |
|
| May 6, 2010 |
| ICICI Bank on recruitment hunt: 7000 people to be hired this fiscal |
| Interest rates on education loans to be reduced |
| Decline in deposits as well as advances this fiscal reported by banks |
| SBI finally enters into JV regarding POS terminals |
| Tayals finding suitable match for merger of Bank of Rajasthan |
|
| May 5, 2010 |
| Allahabad Bank to move south |
| PNB puts up its 5th branch in UK; 2 more to come up this fiscal |
| Healthy Co-op banks can set up offsite ATMs: RBI |
| McKinsey to tutor SBI in rural banking for Rs. 62.8 crore |
| Interest rates on credit card to be capped |
| Issue of ICICI and HDFC Bank's foreign holding persists |
|
| May 4, 2010 |
| Carnival of Indian Personal Finance Blogs # 8 |
| Andhra Bank reports net profit of Rs. 240.26 crore |
| Mumbai zone to receive 10 more branches of Andhra bank this fiscal |
| Q4 results of Central Bank shows robust increase in net interest income |
| SBI planning JV with Societe Generale to foray into private banking |
| HDFC Bank ties online transfer deal with Emirates NBD |
| Bhatia appointed as MD of Bank of America |
|
| May 3, 2010 |
| Teaser loans extended till June : SBI |
| Yes Bank all set to enter retail segment |
| IDBI Bank appears better than others in terms of asset quality and NPAs |
| Business correspondents act as aid to financial inclusion: BoB |
|
| April 30, 2010 |
| Indian Bank aims to report 25% rise in net profits in FY'11 |
| Andhra Bank for paradigm shift: to focus on non corporate loans |
| CASA deposits on a rise for most banks |
| OBC records 62% rise in profits |
| Yes Bank targets 750 branches by March 2015 |
| RBI agrees to mobile banking services from Nokia |
|
| April 29, 2010 |
| Online facilities to come up in RRBs |
| SBI to come up with bar code enabled ATMs |
| LIC Housing Finance to enter banking industry |
| BoB outperforms industry owing to strong deposits and branch network |
| Sonjoy Chatterjee to join Goldman Sachs as co- CEO |
| An insight into the era of teaser loans |
|
| April 28, 2010 |
| Lending rates to depend on behavior of borrower |
| Unique I cards to bring the poor to banking platform: UIDAI |
| Decent net profit of 75% posted by Yes Bank |
| Private banks back to play |
| Pay revision for bank employees |
|
| April 27, 2010 |
| PSU bankers likely to get monthly pension benefit |
| Finance Ministry may bar new teaser schemes |
| Target date for bad loan provision ratio finally exceeds September 2010 |
| Standard Chartered tops the list of tax payers amongst foreign banks in India |
| Ceiling on export loan rates to evanish from July: RBI |
|
| April 26, 2010 |
| RBI orders banks to make phone banking more secure; else warns penalty |
| Fully automated branches from Indian Bank to target youth |
| Dhanlaxmi Bank ventures into retail loan biz |
| Rate hike started in the sub prime lending category |
| Corporation Bank aims 25% hike in loan book this fiscal |
| Public sector banks to receive Rs. 15, 000 crore capital infusion |
|
| April 23, 2010 |
| SBI ties up with wind energy giant Suzlon: forays into green power |
| Target date for 70% provision coverage ratio to be shifted further |
| PNB records highest NPAs amongst public sector banks |
| Axis Bank would outshine others in this fiscal too |
| Home and car loan rates slashed by ICICI Bank |
| Mobile phone to act as a medium to spread banking to remote areas |
|
| April 21, 2010 |
| Rise in home and auto loan rates unlikely in the near term |
| Breaking an old FD for a new one gets tougher |
| Banks lend Rs. 33, 000 crore as car loans in FY'09 |
| RBI plans for a new committee to improve banks' service to customers |
| Dena Bank in need of Rs. 1, 300 crore capital |
| Guidelines for banking licenses to come by July end: RBI |
| Monetary policy brings another 25 bps rise in key rates |
|
| April 20, 2010 |
| Leverage more on home loans |
| Bank of Baroda plans to have 12 new branches abroad |
| Personal loan growth dips this time |
| ATMs of Barclays spun in National Financial Switch network |
| Retail lending surges; realty lending plunges |
|
| April 19, 2010 |
| Do you know what led banks to calibrate deposit rates? |
| IndusInd Bank to launch credit card |
| Strict action to come up against teaser rates: RBI |
| HDFC Bank books 25% growth in retail loans in FY'10 |
| IndusInd Bank shows better performance owing to higher margins and asset quality |
| Teaser loans are back for HDFC Bank |
|
| April 15, 2010 |
| PNB starts massive financial inclusion mission |
| CARE says increasing number of non individual loans by HFCs might peak NPA level |
| Interest rate subsidy to make education loans accessible for all |
| Foreign banks see a drop in asset quality despite credit off take |
| Upcoming mobile banking services from Nokia |
| Ravi Kapoor appointed as head of Citi’s global banking operations in India |
|
| April 14, 2010 |
| PNB would not be raising interest rates in near term |
| Fine worth Rs. 13 lakh imposed on ICICI Bank for phishing scam |
| Deutsche Bank spreads its retail operations to Ludhiana |
| 13% net profit likely to be earned by the super 7 banks: HDFC to lead the list |
| Real estate builders likely to feel the heat of rising loan rates |
| Indian banks perform better than Asian counterparts in revenue generation |
| HDFC and ICICI Bank likely to be extricated by RBI from FDI norms |
| RBI recapitulates banks on the idea of collateral free education loans |
|
| April 13, 2010 |
| Realty sector to be hit if home loan rates rise by more than 2 % |
| CRR rates likely to rise further by another 25-50 basis points |
| Allahabad Bank reports business of Rs. 1.79 lakh crore |
| Teaser loan schemes to evanish with base rate coming to play |
| Nabard not against entering into banking segment |
| 3,500 Gujarat villages to undergo financial inclusion |
| Internet banking: does it put your money at risk? |
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| April 12, 2010 |
| Base rate norms finally eased |
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| April 9, 2010 |
| General Motors India and PNB join hands |
| SBI likely to sit on the pinnacle for home loans this fiscal too |
| Quality of assets- challenge on profitability of banks |
| Local grocery shopkeeper to act as business correspondent for banks |
| Norms for base rate to come before monetary policy announcement |
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| April 8, 2010 |
| Two wheeler financing becomes more rigid |
| Higher interest on savings account may raise additional service charges |
| Feud over base rate still continues |
| RBI’s new directive to make customer more careful regarding cheques |
| Axis Bank CMD says lending rates to rise slowly in next two quarters |
| Banks succeed in reaching credit and deposit benchmark |
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| April 7, 2010 |
| Preventive dose against credit card frauds: chip based cards |
| Urban Co-ops to extend debt relief for farmers till June: RBI |
| Indian Bank expects over Rs. 1.8 lakh crore biz; foresees 20% hike in loan book |
| Indian Bank raises foreign currency deposit rates |
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