| Articles found for "Banks" |
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| April 25, 2013 |
| Axis Bank net profit rises by 22% in Q4 on stable loan growth |
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| April 22, 2013 |
| Government set to launch the 2nd phase of direct benefit transfer scheme |
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| March 1, 2013 |
| KYC norms sufficient to buy insurance policies: FinMin |
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| February 28, 2013 |
| Andhra Bank reduces its base rate by 25 bps |
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| February 15, 2013 |
| State Bank of India opens 5 e-corners in Kolkata |
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| February 8, 2013 |
| Soon, banks will be responsible for fake notes coming out of ATMs |
| Banks favor RBIs stand on permitting banks to buy back gold coins |
| State Bank of India planning to cut rural non-performing assets |
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| February 7, 2013 |
| Future Generali inks deal to distribute micro-insurance products in HP |
| RBI mulls for allowing banks to buy back gold coins from customers |
| Axis bank deployed 500 cash deposit machines |
| Catholic Syrian Bank appoints A. Radhakrishnan as its ED |
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| February 6, 2013 |
| Vijaya Bank slashes base rate to 10.20% |
| Bank of Maharashtra revises base rate |
| ICICI Bank ties up with Aircel to introduce mobile banking facility |
| Syndicate Bank plans to lower its bulk deposits share to 15% |
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| February 5, 2013 |
| Citibank cuts base rate to 9.5% |
| FinMin to meet PSB Chiefs to review their financial inclusion & DBT programs |
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| February 4, 2013 |
| Central Bank of India reduces rates on retail loans and deposits |
| Barclays finance director announces retirement |
| Banks may increase provisioning to Rs 15000 cr in next two years |
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| January 31, 2013 |
| South Indian Bank floats its new fixed deposit scheme |
| Bajaj Allianz launches new application to make auto insurance renewals and claims easier |
| Indian Overseas Bank to launch instant remittance services from UAE, soon |
| State Bank of India slashes its base lending rate to 9.7% |
| Royal Bank of Scotland trims base rate to 9% |
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| January 30, 2013 |
| IDBI Bank reduces interest rates on retail loans, deposits |
| RBI slashes key policy rates in its monetary policy review |
| National Housing Bank reduces prime lending rate by 25 bps |
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| January 29, 2013 |
| Karnataka Bank aims at growing its retail advances, CASA segment |
| Bank of India announces its Q3 results: records 12% rise in net profits |
| ING Vysya Bank’s Q3 results: profits rise by 35.8% |
| State Bank of Travancore post 31% jump in net profits in Q3 |
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| January 28, 2013 |
| State Bank of India plans to set up its second branch in China |
| IndusInd Bank plans to increase customer base through its ATMs |
| Bajaj Allianz aims for premiums worth Rs. 4000 crore in the current fiscal |
| Lakshmi Vilas Bank plans to bring down NPAs to 3% this year |
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| January 25, 2013 |
| Now, earn reward points for referring Citibank home loans |
| Survey reveals that industry wants RBI to slash rates by 25 bps |
| Andhra Bank posts a 15.7% decrease in its net profits in Q3 |
| Vijaya Bank’s quarterly results released; records low growth in net profits |
| Release of final guidelines on new banking licenses delayed |
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| January 24, 2013 |
| Tata Capital may tie up with Fiat to provide car loans |
| Nationwide bank holidays from Jan 25 - Jan 27 |
| Union of bank officers resists merger of public sector banks |
| Prepayment penalty to be charged only on the balance of fixed rate loans: RBI to banks |
| UCO Bank will get capital infusion of Rs 681 crore from Govt |
| Bankers may not slash lending rates even if RBI reduces policy rates |
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| January 23, 2013 |
| Interest subsidy limit on home loans to poor to be increased |
| Andhra Bank organizes home loans mela; disburses loans worth Rs. 40 crore |
| Reserve Bank of India mulls for loan products with 30 year tenure |
| SBI Chief urges Reserve Bank of India to slash repo rate |
| Kotak Mahindra Bank posts 31% increase in net profits for Q3 |
| SBI to recruit 1500 probationary officers |
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| January 22, 2013 |
| RBI urges urban co-op banks to speed up process of claims settlement of deceased depositors |
| HDFC Bank’s Q3 results: net profits rise by 16% |
| K Subrahmanyam takes charge as Executive Director of Union Bank of India |
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| January 21, 2013 |
| KVB to set up a divisional office in Ernakulam; launches loan products to woo NRIs |
| 25 regional rural banks consolidated so far in the current fiscal |
| Dena Bank aims to increase its net interest margin to 3.10% by March |
| FinMin urges RBI to let real estate, broking firms enter banking sector |
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| January 18, 2013 |
| Canara Bank hikes interest rates on fixed deposits |
| Central Bank of India appoints its new zonal manager for Chennai Zone |
| Federal Bank records 4% hike in net profits in Q3 |
| IMF warns against issuing new banking licenses to business houses |
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| January 17, 2013 |
| Indian Overseas Bank inks deal with Deutsche Bank for global payment system |
| CIBIL reports increase in enquiries about credit profile post slowdown |
| RBI Governor urges banks to provide banking services in small towns |
| Indian economy faces the risk of deteriorating bank asset quality: IMF |
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| January 16, 2013 |
| Bankers urge RBI to slash key rates in monetary policy review of 29 Jan |
| Axis Bank posts 22% increase in net profits in its Oct-Dec quarterly results |
| Leadership change will not affect bank’s quarterly results: CMD Dena Bank |
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| January 15, 2013 |
| Yes Bank, IndusInd Bank in race to buy retail assets of Royal Bank of Scotland |
| Banks urge FinMin to soften PAN norms to facilitate non-deduction of tax at source |
| FinMin may be out with the final guidelines on new banking licenses soon |
| BNP Paribas India sees its corporate segment co-head in Jwalant Nanavati |
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| January 14, 2013 |
| ICICI Lombard starts mobile application to enable insurance claims via mobiles |
| Home loans interest rates may come down: Analysts |
| LIC Housing Finance on a recruitment drive |
| RBI’s proposed norms for NBFCs to have a negative impact on profits: Tata Capital |
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| January 11, 2013 |
| Lakshmi Vilas Bank appoints K. S. R. Anjaneyulu as its interim CEO |
| Online religious offerings services from Federal Bank |
| New India Assurance may launch ‘zero depreciation’ scheme for two wheeler insurance policies |
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| January 10, 2013 |
| Yes Bank launches online remittance facility for NRIs |
| IndusInd Bank posts 30% increase in net profits in the third quarter |
| Former Chairman of SBI passes away |
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| January 9, 2013 |
| Home loan rates war between Saraswat Co-operative Bank and SBI |
| Merger of State Bank of India and its associate banks not to materialize this fiscal |
| Appeals against decisions of banking ombudsman rises |
| Private sector banks outperform PSBs in third quarter of this fiscal |
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| January 8, 2013 |
| State Bank of India slashes processing fees on auto loans to Rs 500 |
| Banks urge FinMin to slash the lock-in period for tax saving deposits to 3 yrs |
| Banks hint at deposit rate cut if RBI slashes repo rate in upcoming Monetary Policy Review |
| Increase in LTV may help to improve business of gold loan companies: ICRA |
| Allahabad Bank plans to increase lending to priority sector |
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| January 7, 2013 |
| Bank of Baroda organizes a retail credit camp in Bengal |
| State Bank of Bikaner & Jaipur hopes to achieve 20% business growth this fiscal |
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| January 4, 2013 |
| Banks plan to stop circulation of non-CTS cheques by March 31 this year |
| RBI revokes license of the insolvent Swami Samarth Sahakari Bank Ltd |
| CCI approves 30% stake buy of PNB in MetLife India Insurance |
| Net Interest Margin of State Bank of Bikaner and Jaipur may decline in Q3 |
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| January 3, 2013 |
| Vijaya Bank modifies interest rates for FCNR deposits |
| Union Bank of India changes its FCNR deposits interest rates |
| Karnataka Bank opens its first Ultra Small Branch |
| Pandyan Grama Bank ties up with TVS Motors to offer finance scheme for its vehicles |
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| January 2, 2013 |
| Oriental Bank of Commerce drops penalty clause on premature withdrawal of fixed deposits |
| Credit Sudhaar inks deal with CIBIL to offer credit advisory services |
| SBI launches mobile wallet service in Mumbai and Delhi |
| Dena Bank gets its new CMD in Ashwani Kumar |
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| December 28, 2012 |
| Final guidelines on new banking licenses may be released in January |
| RBI’s proposed guidelines on NBFCs may reduce their profitability by 15-20 bps |
| FinMin urges PSBs to expand banking coverage to facilitate direct cash transfers |
| Andhra Bank to increase lending under agricultural, SME segment |
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| December 27, 2012 |
| Karur Vysya Bank goes on an expansion spree |
| PSBs lack hardware to issue cheque books conforming to CTS-2010 |
| Banks record lower growth rate in last 3 quarters this fiscal: RBI data |
| Karur Vysya Bank could contemplate acquisitions, if a right deal comes its way |
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| December 26, 2012 |
| Banks hint at slashing interest rates of auto loans soon |
| Maharashtra Governor asks banks to lend more to weaker sections, agriculturists & small traders |
| Karnataka Vikas Grameena Bank increases rural presence by setting up 25 USBs |
| Recruitment drive by United India Insurance; plans to increase rural penetration |
| Karnataka Bank holds ‘Exporters Meet’ to promote export business in Tamil Nadu |
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| December 24, 2012 |
| State Bank of Bikaner and Jaipur brings down bulk deposits level to 10 % |
| FinMin inaugurates State Bank of Bikaner and Jaipur’s 1000th branch |
| Canara Bank organizes Christmas fair |
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| December 21, 2012 |
| Loans against Cars: A Quick Solution for Urgent Cash Needs |
| State Bank of Mysore introduces internet, mobile banking services |
| Karnataka Bank launches mobile banking service ‘KBL Mobile’ |
| Central Bank of India to set up 9 new branches, 5 ATMs in Mumbai |
| Banks & HFCs expect to disburse home loans worth 1.7 lakh cr in FY 2012-13 |
| Chidambaram asks bank unions to abstain from holding strikes |
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| December 20, 2012 |
| Banks shift focus to vocational edu loans as NPAs rise in regular edu loans schemes |
| PSBs go on strike to protest against the Banking Laws (Amendments) Bill 2011 |
| Abhyudaya Co-operative Bank penalized by RBI for violating guidelines |
| Reserve Bank of India promotes financial inclusion in Assam |
| Co-op banks employees in Tamil Nadu may go on strike from Jan 7 |
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| December 19, 2012 |
| Centre may make Aadhar card, bank account mandatory for direct cash transfer scheme |
| Monetary policy review much similar to what had been anticipated: Economists |
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| December 18, 2012 |
| Allahabad Bank slashes retail fixed deposits rates by 0.15% |
| Reserve Bank of India may relax norms for entry of foreign banks |
| Reserve Bank may close its counters for exchange of currency notes, coins |
| Cash transfer scheme being reviewed by banks in Kerala |
| Vijaya Bank records increased defaults in personal, home & agri loans |
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| December 17, 2012 |
| Home Loan or Own Funds: A Classic Dilemma |
| Central Bank of India targets business worth 10,000 cr in home loans segment |
| Risk assessment ability of PSBs lower than private sector banks: RBI Deputy Governor |
| RBI allows the use of old format cheques for another 3 months |
| Employees of all PSBs to hold a 1 day strike on December 20 |
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| December 14, 2012 |
| FinMin favors net banking, transactions via debit, credit cards |
| RBI may keep interest rates unchanged in mid- quarter monetary policy |
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| December 13, 2012 |
| Yes Bank launches credit card for high value customers |
| Govt. urges banks to revise fees levied on remittances |
| Bank mergers kept out of the purview of Competition Commission of India |
| Wipro launches “Wipro SmartOffers” software solution for banks |
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| December 12, 2012 |
| United India Insurance to increase its presence in Middle East, SAARC countries |
| Union Bank of India plans to improve it loan recovery system; keep NPAs under check |
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| December 11, 2012 |
| South Indian Bank aims to achieve 25% business growth by FY 2013-14 |
| Banks open 3 cr accounts in rural areas to take financial inclusion program forward |
| Laws need to be changed for RBI to pay interest on CRR to banks: RBI Deputy Governor |
| Co-op bank employees protest to demand for reorganizing co-operative credit structure |
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| December 10, 2012 |
| Know About Different Types of Home Loans in India |
| National Housing Bank plans to disburse loans worth Rs. 17, 000 cr by Jun, 2013 |
| SBI finance head says that slashing policy rates may not harm economy |
| Non-performing assets of public sector banks on the rise |
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| December 7, 2012 |
| Corporation Bank opens loan center for SMEs in Jaipur |
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| December 6, 2012 |
| ICICI Bank introduces an online recurring deposit product |
| Tata capital ties up with Mya Health Credit to launch low interest healthcare loans |
| Complaints regarding education loans decline this fiscal |
| RBI predicts tough times to continue for Indian banking industry |
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| December 5, 2012 |
| Gift Cards - perfect gifts for all occasions! |
| Dena Bank offers home, car loans with no processing fees |
| Oriental Bank of Commerce increases interest rates on short term deposits |
| Private insurer Cholamandalam MS to launch its services on mobile phone platform |
| Reserve Bank of India sets up a supervisory college each for SBI, ICICI Bank |
| Co-op banks opt for cost effective core banking software from Keltron |
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| December 4, 2012 |
| ICRA expects the home loan industry to grow by 19% this fiscal |
| Finance Minister urges banks to sanction more education loans |
| Bharti AXA General Insurance to break even in Dec 2014 |
| Bharti AXA General Insurance plans to launch a new car insurance product ‘Garage Cash’ |
| CCI to investigate the common savings account interest rates offered by PSBs |
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| December 3, 2012 |
| Citibank to launch mega online shopping sale for its customers in India |
| HSBC Bank’s takeover plan of RBS India fails to materialize |
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| November 27, 2012 |
| American Express and Jet Airways ink deal to launch a co-branded credit card |
| SBI plans to revise base rate in early December |
| Chidambaram urges banks to keep margins low to boost credit growth |
| Consolidation of banks inevitable for India to have global banks: FinMin |
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| November 26, 2012 |
| Know the Reasons for Rejection of a Credit Card Application |
| HDFC Bank sets up 87 branches in rural Punjab, Haryana |
| RBI to revise Know-Your –Customer norms, soon |
| SBI Chief suggests that banks should be permitted to buy back gold coins |
| Two thirds of bank deposits lying uninsured: RBI data |
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| November 23, 2012 |
| Banks asked to provide reasons for not accepting education loan applications |
| SBI appoints S. Vishwanathan as head of its associate and subsidiary banks |
| Corporation Bank allows mobile banking facilities via Tablet PCs, iPads |
| HRD Ministry prepares the final guidelines of credit guarantee scheme for edu loans |
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| November 22, 2012 |
| ICICI Bank rolls out credit card for private banking customers |
| Central Bank of India recovers 660 crore worth of NPAs in first half of FY2012-13 |
| Canara Bank celebrates its Founder’s Day |
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| November 21, 2012 |
| IDBI Bank sets up its 1000th branch in Tamil Nadu |
| More senior executives resign from Dhanlaxmi Bank |
| Southern states request FinMin to relax norms for lending to priority sector |
| Banks can open administrative branches in Tier-1 cities without RBI permission |
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| November 20, 2012 |
| RBI bans banks from lending for purchase of gold in any form |
| Bank of Maharashtra aims to increase its net profits by 50 % this fiscal |
| Karnataka Bank raises Rs 250 cr through bond issue |
| State Bank of India to issue new, CTS complaint cheque books by Dec 15 |
| Businessman arrested for committing credit card fraud using EDC machines |
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| November 19, 2012 |
| Banks record 85% increase in bad loans in the first half of FY2012-13 |
| Mergers & Acquisitions in the banking sector to be supervised by RBI, CCI |
| Haryana government to provide all co-operative banks in state with ATM facility |
| Post Offices in Chennai to provide access to savings accounts, soon |
| Muthoot Finance ties up with PFRDA to offer national pension scheme |
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| November 16, 2012 |
| Karnataka Bank reduces base rate by 0.25% |
| Allahabad Bank modifies interest rates on select fixed deposits |
| Australian bank Westpac Banking sets up its first branch in India |
| Chidambaram urges Reserve Bank to accelerate the process of issuing new banking licenses |
| Ernakulam becomes the first district to achieve 100% financial inclusion |
| Govt to work out on a strategy to assist stressed sectors: FinMin |
| Gold ETFs or Gold Funds: Which One Should You Choose? |
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| November 15, 2012 |
| RRBs fail to meet expansion targets in last 2 fiscals; need to set up 1700 branches this fiscal |
| Over 1 lakh ATMs installed across the country; 59% belong to SBI Group |
| Asset quality of private sector banks better than PSBs: Crisil Research |
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| November 9, 2012 |
| State Bank of India contemplating a rate cut in retail loans segment |
| Students to submit income certificates by Nov end to claim interest subsidy on edu loans |
| Govt. directs insurers not to issue cover note and speed up settlement of auto insurance claims |
| NBFC Magma Fincorp plans to acquire GE Capital’s home loans business |
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| November 8, 2012 |
| RBI instructs rural banks to set up 25% branches in un-banked regions |
| Replace post dated cheques with new standardized cheques: RBI to NBFCs |
| UCO Bank declares its Q2 results: posts 55% decrease in net profits |
| Bankers refuse to reduce lending rates unless RBI cuts repo rate |
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| November 7, 2012 |
| State Bank of Travancore reviews interest rates on foreign term deposits |
| Muthoot Finance plans to enter White Label ATM business |
| SBT holds ‘Vigilance Awareness Week’ to raise awareness about banking frauds |
| Dena Bank’s Q2 results: growth in interest income pulls profits up by 24% |
| Canara Bank posts 22% decline in profits in Quarter 2 |
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| November 6, 2012 |
| Bank of India gets its CMD in Vijayalakshmi Iyer |
| Federal Bank launches loan schemes for ‘house warming’ |
| Subir Gokarn may not get a second term as RBI Deputy Governor |
| Vijaya Bank reports 39% decline in net profits in Q2 this fiscal |
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| November 5, 2012 |
| State Bank of Hyderabad Q2 results: net profits fall by 8% |
| Repayment period of education loans increased to 10-15 years |
| Increased provisions for restructured loans will not affect profitability: BoB |
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| November 2, 2012 |
| IDBI Bank cuts interest rates on select home loan, fixed deposit schemes |
| Punjab National Bank sets up new branches in Kerala |
| A Complete Guide on Car Loans for NRIs |
| Banks urge Finance Ministry to lower risk weights on home loans |
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| November 1, 2012 |
| Bank credit growth goes down in the second quarter of FY 2012-13 |
| Merger of IDBI Bank with Stock Holding Corp. finalized |
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| October 31, 2012 |
| SBI contemplating a reduction in interest rates of retail loans |
| IDBI Bank declares its Q2 financials; posts a 6% decline in net profits |
| Banks lack in effective information sharing mechanism: RBI |
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| October 30, 2012 |
| Bank of India posts 38.5% decrease in profits due to rise in bad debts |
| Muthoot Finance releases its Q2 financials: posts a 25% rise in net profits |
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| October 29, 2012 |
| Central Bank of India to hold property expos to grow home loans segment |
| Soon, high CAT score may mean lower education loan interest rates |
| Corporation Bank plans to disburse retail loans worth Rs. 7000 crore this festive season |
| PNB Quarter 2 results: net profits dip owing to increased provisioning for NPAs |
| ICICI Bank declares its Quarter 2 financials; records a 30% hike in net profits |
| Indian Overseas Bank recorded 24% drop in net profit in Q2 |
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| October 26, 2012 |
| Indian Banks’ Association urges banks to sanction education loans in 15 days |
| Kotak Bank Q2 net profit increases 16% to Rs 502 crore |
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| October 25, 2012 |
| ICICI Bank and Western Union roll out a co-branded, pre-paid card |
| Despite economic slowdown, demand for home loans remains steady: NHB |
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| October 23, 2012 |
| Syndicate Bank marks founder’s day by launching 3 new products in the retail segment |
| SBI’s home, auto loans segment records three times more business following rate cuts |
| Banks selling gold coins at discounted rates for the festive season |
| Milind Kharat appointed as CMD of United India Insurance |
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| October 22, 2012 |
| Banks plan to expand their reach by installing 1 lakh ATMs in next 4 years: Study |
| PSBs cut rates, fees on home, auto loans to hike loan disbursal |
| CII advises RBI to decrease key policy rates in upcoming monetary policy review |
| Glittering Ways of Investing in Gold |
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| October 18, 2012 |
| Bank deposits, credit picks up by 14-16% |
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| October 17, 2012 |
| Axis Bank aims at 30% retail assets by 2015 |
| Axis bank classified loans to Deccan Chronicle as NPAs |
| IDBI Bank ATMs, branches are now on Google Maps |
| SBI Life to come up with new Plans |
| Depositor’s body urges banks to provide monthly interest |
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| October 16, 2012 |
| Growth in net profit by 22% in Q2: Axis Bank |
| ‘Service area’ regulations not necessary for education loans: SBI |
| Due to inflation, reduction in repo rate not possible: RBI |
| Foreign banks should do more for priority sector lending: RBI |
| Canara Bank will use services of Deloitte |
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| October 15, 2012 |
| Credit, deposits rise in last 6 months: RBI |
| UCO Bank appointed new GM in Odisha |
| Growth in vehicle finance business, despite mining woes: Induslnd Bank |
| SBI to upgrade its technological infrastructure |
| Credit growth to rise 16-18% in FY13: SBI |
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| October 11, 2012 |
| Syndicate Bank cuts interest rates on loans, no processing fees |
| New branch in Tirupati: SBI General Insurance |
| Insurance education in schools introduced by United India Insurance |
| Growth in net profits by 30% in Q2: Induslnd Bank |
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| October 10, 2012 |
| SBI gets S Viswanathan as new MD |
| Canara Bank launches loan scheme for consumer durables. |
| IDBI to cogitate more on retail business |
| ICICI Bank, ING Vysya Bank penalized: RBI |
| Private Banks adding new branches, employees to their kitty |
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| October 9, 2012 |
| ‘Pratibha Samman’ award from State Bank of Travancore |
| Karur Vysya Bank introduces fee payment via mobile for students |
| Punjab National Bank decides to eliminate processing fees on loans |
| Bank of Baroda to give concession on loan rates up to 1.50% |
| Govt, RBI prefer financial firms over industrial houses for granting new banking licenses |
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| October 8, 2012 |
| Cut in short-term deposit rates: BOI |
| Central Bank of India to cut deposit rates, launches combo loans |
| PSBs asked to reexamine activities done on fin inclusion accounts |
| Karur Vysya Bank to add new branches & ATMs this year |
| Bankers seek further cut in CRR |
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| September 17, 2012 |
| RBI urges banks to upgrade their systems and processes to improve their asset quality |
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| September 12, 2012 |
| HDFC Bank reaches milestone by launching 10,000th ATM |
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| August 24, 2012 |
| SBI Chairman suggests phasing out Cash Reserve Ratio |
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| August 17, 2012 |
| IndusInd Bank launches prepaid forex card |
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| July 25, 2012 |
| Recurring Deposits or Systematic Investment Plans : Which seems better? |
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| July 24, 2012 |
| Iranian Banks prohibited from doing business in India |
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| July 13, 2012 |
| Arcil to come to the rescue of NPAs struck banking sector |
| Interest servicing during moratorium period: Does it help? |
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| July 12, 2012 |
| Uncertainities in gold and stock markets see a spurt in bank deposits |
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| July 6, 2012 |
| Backwards class still devoid of Financial Inclusion benefits : RBI Guv |
| Gold based financing; 'loan to buy gold and gold to buy loan' |
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| July 5, 2012 |
| FinMin wants to caps bulk deposits at 10% of total deposits; 5% ceiling for CDs |
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| July 4, 2012 |
| Mr. Nagendra Murthy joins Tamilnad Mercantile Bank as MD & CEO |
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| July 3, 2012 |
| Public Sector Banks to 'think globally act locally' to prevent frauds |
| Kerala bankers to meet over annual review of performance |
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| July 2, 2012 |
| Vijaya Bank declares dividend to equity shareholders; 9.5% preference shares to Govt. |
| Allahabad Bank to grow its branches in Southern states |
| Shriram General Insurance grows market share by 30%; bags an award for growth |
| SBI increases interest rate on term deposits by 25 basis points |
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| June 29, 2012 |
| RBI Dy. Governor rejects the possibility of ‘free’ e-transactions |
| Housing Finance Cos keen on adopting a standard property valuation model |
| Despite growth in credit NPAs and slippages remain serious concerns: RBI report |
| Andhra Banks to fully implement Financial Inclusion by the end of this year. |
| SBI offering cheaper credit to exporters |
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| June 25, 2012 |
| Non banking entities to open 80,000 ATMs by Feb 2013 |
| Finance Ministry sets targets for New Pension Scheme subscriptions for PSBs |
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| June 20, 2012 |
| RBI proposes a risk based analysis of bank’s health |
| Finance Ministry proposes a better fake currency management; no more FIRs |
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| June 19, 2012 |
| RBI Credit Policy: No cut in Repo rate, CRR |
| General Managers of seven banks promoted to executive directors |
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| June 15, 2012 |
| Allahabad Bank aims for 21% business growth |
| Pay government tax, school and college fees using prepaid payment instruments |
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| June 8, 2012 |
| WB banks lend Rs. 2812 crore to MSME in last fiscal |
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| June 1, 2012 |
| Rural Banking vital: Tingalaya; emphasizes role of grameena 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| December 30, 2010 |
| Overseas exposure of NBFCs to reduce: RBI |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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? |
|
| April 12, 2010 |
| Base rate norms finally eased |
|
| 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 |
|
| 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 |
|
| 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 |
| ATM transaction faults bring rewards to customers |
| Rates for Oriental Bank of Commerce set to rise |
| Top up loans: toppings on your home loan |
|
| April 2, 2010 |
| Union Bank to have total biz above Rs. 3 lakh crore soon |
| T.M.Bhasin holds the seat of CMD in Indian Bank |
| RBI approves Hinduja group to enter auto loan business |
| Home loans get costly: SBI ups home loan rates |
| Lending rates to rise for ICICI Bank |
|
| April 1, 2010 |
| Axis Bank gets nod to act as primary dealer |
| Daily interest on savings account to affect the margins of banks |
| RBI raises alarm for Catholic Syrian Bank regarding foreign investors |
| Teaser loans not to be extended by most banks |
|
| March 31, 2010 |
| Bank of Rajasthan to run under leadership of G Padmanabhan |
| Citibank India bags ‘Excellence in Internet Banking' award for 2009 |
| SBI to set foot in Gulf regions of Doha and Jeddah soon |
| Deutsche Bank brings innovative product in the credit card segment |
| The new avatar of savings account would earn you more money |
|
| March 30, 2010 |
| HDFC eyes education loans as its next area of target |
| Axis Bank adds 1000th branch to its kitty |
| Teaser loans for SBI extended till April 30 |
|
| March 29, 2010 |
| UBI aims 20% growth in both credit and deposits this financial year |
| Rising NPAs in BoB due to defaults by small borrowers |
| SBI’s new launch: Chip based Platinum debit card |
| Govt.’s plan to buy stakes in NHB, NABARD laid off |
| Another Swiss bank to bank in India |
|
| March 26, 2010 |
| SBI declares merger with State Bank of Indore in Quarter1 |
| Corporates receive new offering from Indian Bank: Visa business card |
| IDBI Bank promotes its mutual fund business unaided |
| ATMs to come in a new avatar: better facilities to be endorsed to it |
| Banks succeed in meeting RBI’s credit target |
| Teaser home loans for SBI may outlive their tenor beyond March |
|
| March 25, 2010 |
| IDBI Fortis Life insurance: cashing on bancassurance |
| Banks may fail to reach net interest margin target |
| Qatar based Doha Bank: new entrant in banking industry |
| Banks making gargantuan efforts to meet credit growth target |
| Max New York Life Insurance to have Axis Bank as stake holder |
|
| March 24, 2010 |
| UP gets Mobile Micro Loan Factory by BoB for financial inclusion |
| Pay insurance with Visa cards now |
| Variety sought by banks in credit bureaus too: just cibil will not do |
| SBI awaits monetary policy review: no rate hikes till then |
| ICICI Bank shifts track back to corporate lending |
| Repo rates likely to take another 0.25 % hike |
|
| March 23, 2010 |
| LIC’s stake in IOB rises to 12% |
| RBI’s repo rate hike doesn’t seem to panic banks: stable lending rates expected |
| SBI reaps 3, 650 kg gold through its gold deposit scheme |
| Banks strictly asked to focus on financial services in villages |
| Dhanlaxmi Bank enters retail assets segment with credit cards |
| ICICI receives Qualified Full Banking (QFB) status in Singapore |
|
| March 22, 2010 |
| Need of Financial inclusion: making the country financially literate |
| Indian banks enter into JV with UK insurer: form insurance company |
| Timely alert by bank unveils another case of currency fraud |
| SBI charged with Rs. 11 lakh on issues of negligence |
| New entrants in banking industry to operate all over India |
| RBI clearance awaited for SBI buying stake in Tata Motors Finance |
| Home and auto loan rates to soar soon: RBI rates rise by 25bps |
|
| 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 |
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| 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 |
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| 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 |
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| 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 |
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| 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 |
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| 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 |
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| 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. |
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| 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 |
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| 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 |
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| 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 |
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| 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 |
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| 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 |
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| 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 |
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| 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 |
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| 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 |
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| December 29, 2008 |
| Rate cut, lower prices fail to renew the demand for auto loans |
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