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Articles found for "Banks"
April 9, 2014
Vijaya bank revised its rates
Drop down in credit card space –HDFC bank
ICICI bank lodged FIR for the fake currency notes
April 8, 2014
50th coin mela by HDFC bank
April 7, 2014
No change in home loan rates: SBI
IDBI bank earned a huge tax collection
April 4, 2014
Banks to provide more facilities through education loan to medical students
April 3, 2014
Women customer of SBI can avail special home Loan rates for a longer period
City Union Bank launching 75 new branches
Karnataka Bank planning to expand its network
April 2, 2014
Fall in the demand of home loans
April 1, 2014
Axis bank expanding its network in unbanked areas
SBT banks to provide more support to retail sector
J&K bank to set up branches outside the country
Govt. asked the banks and telecoms to enhance the mobile banking service
SBI asked its employee to use the own bank ATM.
March 28, 2014
BOI not working for two days
Kisan Credit card for the agrarian customers of Axis bank
200 new white Label ATMs to be launched in Kolkata
March 26, 2014
CSC centre of Corporation bank in Mumbai
Indian post attempting to expand its banking business
BMB bank launched second new branch in Agartala within a week
New branch rolled out by SBT bank
March 25, 2014
Banks to enhance banking services through ATMs
March 24, 2014
Federal bank planning to expand its banking network
March 21, 2014
SBI new credit scheme for student loan aspirants
March 20, 2014
Banks will be working this weekend
March 19, 2014
UBI revised its base rate
Banks requesting RBI to lower the interest rates
New deputy CEO of ING Vysya Bank
March 18, 2014
Education loan becoming a good opotion
Bharati AXA insurance company opening 29 new branches
March 14, 2014
SBI first to start up ePay facility
March 13, 2014
109th Anniversary of Corporation Bank
SBH bank expanding its network in Chennai
New jobs coming up in banking sector
March 11, 2014
The rising NPAs in education loans
Banks focusing more towards the women
Thousands of money dispensing machines coming by the end of March
March 10, 2014
Exclusive health insurance cover for girl child by New India Assurance
Women oriented branch of IOB in ludhiana
ICICI bank’s initiative to help women of SHG
March 7, 2014
New white label unveiled in kochi
Banks opting more for insurance covers against online frauds
March 6, 2014
Corporation bank signed memorandum with UTI Infrastructure Technology & Services Ltd
New regional office of central bank of India in Telangana
March 5, 2014
Deadline to exchange currency prior to 2005 extended
Hike in interest rates by oriental bank of commerce
Axis bank hiked the rates on credit card dues
Corporation bank received award for excellence in MSE lending
March 3, 2014
Axis Bank first one to start e-KYC micro ATM facility
SBI trying to reduce its NPAs
February 28, 2014
RBI to maintain same rates in this monetary policy
February 25, 2014
Indian Bank thinking to shut some ATMs at dusk
Karnataka Bank signed memorandum with CARE to assist MSME segment
Hike in the lending rates of the fresh loans
February 21, 2014
Kotak Mahindra Bank rolled out Probationary officer course for women
Committee formed to examine skill development of bankers : RBI
Citi bank to launch three new branches in the country.
Unbanked areas of Punjab and Haryana to get banking services soon
RBI penalized cooperative bank
February 20, 2014
SBI may go slow in recruiting fresher
Hike in the credit growth of the banking sector
February 19, 2014
Bad loan recovery drive by united bank of India
Strict actions taken regarding the security of ATMs
February 18, 2014
Corporation bank trying to recover NPAs
Delhi facing regular credit cards scams
February 17, 2014
More Ease in making banking transactions: HDFC bank
SBI revised its deposit rates
Banks has been huge job generators in last 4 years
February 13, 2014
Huge crowd at banking counters after two days strike
Debit cards lesser in use at POS
February 12, 2014
Lower home loan rates for women buyers
108 new branches of Indian Bank
Hazardous effects of Bank’s strike
February 11, 2014
SBI scheme to offer lower rates on home loans to lure more buyers
Odhisa Hit hard by the bank strike
February 10, 2014
No more lending – United Bank of India
SBI to charge more from customer for cash depositing at non home branches
February 7, 2014
Hiring of Women in banking Sector
February 6, 2014
Miss call facility for HDFC bank customers
Corporation bank planning to raise its retail loan growth
Banks need to work more for the quality growth
New India Assurance company profit increased by 36%
February 5, 2014
Kotak Mahindra first to raise the deposit rates
February 4, 2014
Banks still issuing scribbled currency
Revival campaign rolled out by Bajaj Allianz
February 3, 2014
Interactive TV facility rolled out by Andhra Bank
Canara Bank’s initiative to help MSME units
Syndicate Bank working for the welfare of society
January 31, 2014
Hike in the home loans
Establishment of Payment banks in country
RBI’s measure to help banks in recovering bad loans
January 30, 2014
Private Banks should also start insurance broking: Finance Ministry
Users paying credit card bill on time increased
Corporation Bank brags the IBA award
SBI life will set up office in SBI circle
January 29, 2014
0.25 % Hike in repo rates : RBI
January 27, 2014
Hassle free account opening for Oriental Bank customers
DCB bank expanding it network in small towns
January 24, 2014
ATM transactions should remain free: Rajiv Thakur
SBT aiming to raise its retail business
January 23, 2014
SME facing problem with banks higher interest rate
January 22, 2014
Banking provisions for disable persons
Unclaimed deposits in Banks to be utilized: RBI
Marathi language to be incorporated at ATM machines
January 17, 2014
State bank of Hyderabad launching new branches outside Andhra Pradesh
Axis bank earned a profit of 19% in Q3
January 16, 2014
Allahabad bank may take over rupee coop bank
Hike in ATM charges yet to be decided
Spurt in hiring in banking sector
DCB bank gained a profit of 35% in Q3
January 15, 2014
Credit cards to be issued in bulk by HDFC Bank
NABARD trying to enhance rural infrastructure in the country
January 14, 2014
Dena bank planning to establish 65 new branches across the country
January 13, 2014
Bajaj Allianz initiated new branch to support female employee
RBI not yet nodded to restrict the free ATM transactions
January 10, 2014
NRI can operate joint account: RBI
Deposit growth ahead of credit growth by 1.33%
January 9, 2014
Ease for customers in banking with live video help
Bank passbook can be used as proof for passport
Rising businessmen will get support from Indian overseas Bank
January 8, 2014
Banks will restrict the number of free ATM transactions soon
All citizens will have account by 2016: RBI
January 7, 2014
Plethora of Choices by SyndMobile service
January 6, 2014
Bajaj Allianz's first all woman branch opened
Employees of PSU banks calls 2 day strike for pending wage revision of on Jan 20
January 3, 2014
NPCI chief stated that ATM charges will not go up
Revised interest rate for IDBI Bank deposits of various maturity terms
January 2, 2014
Scribbled notes will be accepted by banks as per clarification of RBI
Inauguration of 200 Allahabad Bank USBs
ATMs with low usage are now being closed at night by banks
December 30, 2013
State Bank of Travancore has opened its hi-tech Branch in Kuravankonam
Indian Banks to go for an indefinite strike from February to fix its demands
December 27, 2013
Banks are planning to advertise non-banking products at ATM.
December 26, 2013
Canara Bank to inaugurate its first e-lounge system in Thiruvananthapuram
December 24, 2013
Accounts can’t be upgraded partly by banks
United Bank of India to launch the tea credit card by next financial year
Banks may go on strike this January
December 19, 2013
Service on wheels launched in Pune headquarters by Bajaj Allianz
December 18, 2013
RBI instruction to take strict measure on soiled notes
Kotak Mahindra to open new branches
December 17, 2013
Nationwide strike by bank employees on December 18
PSU banks may work as insurance brokers soon
December 16, 2013
2013 marks the unexpected reversal of the interest rate cycle
Banks blamed by Chidambaram for slow bad loans recovery
Inflation misfortune slumped by growth of deposit demand
December 13, 2013
Two new branches of Central Bank of India inaugurated in Nagpur
Banks against diktat of RBI regarding Aadhaar based point of sales and ATM's
Customer experience study by SBI
December 12, 2013
Over draft accounts is a better choice
Axis Bank's Program for future banking professionals
December 10, 2013
Hike in ATM charges
Banks face challenges to implement TCF
December 6, 2013
Failure in transmitting signals of monetary policy
December 5, 2013
Women employees of Mahila Bank to get allowance for childcare
Better recoveries of bad loans seen in Public sector banks
Portable POS machines increases risk for banks
December 4, 2013
1% reduction on FD interest rates by Canara Bank
Rates for home loans hiked by 10bps by HDFC
Protest against growing NPAs by bank staff
December 3, 2013
Banks instructed by Government to either shut down the ATM's or provide security
State saving scheme’s high interest is still a question
December 2, 2013
Andhra Bank's new scheme of insurance linked with savings
More insurance choices offered by banks
12 new branches by Repco bank
Rs.800 crore recovered by United Bank with the help of recovery hubs
November 29, 2013
J&K Bank branching outside state to improve network
November 28, 2013
Aadhar authentication necessary for credit card transaction
90 next generation branches established by Andhra bank
November 27, 2013
White Label ATMs helping to enhance banking network
One day strike going to observed on December 19 by bank unions
Banks working hard towards security measures at ATM's
RBI asked for Ease of norms pertaining to Amanath Bank withdrawals
November 26, 2013
Unclaimed amounts of Rs 3,652 in bank accounts
Union asks Govt. to bring to light, defaulters of bad loans above Rs.1 crore
November 25, 2013
DBS bank to launch more banking branch in India.
The risk in ATM's can be reduced with credit cards
Ease of banking licenses norms favored by RBI
November 22, 2013
Lok Adalat to monitor loan related issues of banks
Banks are saving more by reducing the security measurements in ATM
November 21, 2013
Bharatiya mahila Bank, a gift for Indian women
November 20, 2013
A new age of Indian banking is about to begin
November 19, 2013
Rise in RBI repo rates not likely to happen this December
To avoid rush at last hour 29 bank branches to collect income tax in advance : RBI
First ultra small branch of Karur Vysya Bank recently opened
RBI wants banks to restructure or abolish the system of technical write-offs
November 18, 2013
Chidambaram Appeals to issue New bank licenses only to banks with innovative ideas
KC Chakrabarty: Banks must not attempt restructuring of loans
November 14, 2013
Customers of State Bank can now withdraw petty cash from shops
While shares rise of SBI, overall profits fall in second quarter
November 13, 2013
Best time to invest as interest rates on fixed deposit rise
Although rates for deposits rise, rates for lending will not go up
November 12, 2013
Interest rates on deposits go up
Limit for loans to SHG's increased by United Bank of India
November 8, 2013
No hike in base rates by BOI
Short term deposits below 1 crore is beneficial
November 7, 2013
24 x 7 Bank Branches for self service operational
Gram Panchayats will now have ATMs
Q2 results of State Bank of Travancore shows a drop in numbers
November 6, 2013
Allahabad Bank's new interest rates on deposit
October 31, 2013
Fall in net of OBC at the end of second quarter
October 30, 2013
Banks to pay interest on deposits at shorter time spans
Rs.14, 000 crore infusion to 20 State run banks turns out positive
21% Rise in the net of Axis Bank
October 28, 2013
Introduction of dual interest rate system in India by foreign banks
October 24, 2013
NPA risk is one of the biggest problems for small banks
October 23, 2013
Women graduates continued to be employed Axis Bank's ISB program
October 21, 2013
Future of government bonds lies in the success of the design key
October 18, 2013
Banks reintroduce high-yield fixed-term deposits
October 17, 2013
Banking stocks increased in prices
Indian customers pay the cost for too little competition
RBI proposes to increase the repo rate
October 16, 2013
HDFC Bank achieves the increase in net profit by 27.1%
October 15, 2013
Possible ways to evade loan defaults: Ashok Jain
Government fixes PSU banks a target of opening 137 ATMs per day
October 11, 2013
RBI stressed due to high rates of credit in banking
October 10, 2013
The Mutual funds have fallen down to the lowest recorded level in four years
Union Finance ministry trial to manage bank loans
PSU Banks will be allotted more funds - Raghuram Rajan
October 9, 2013
SBI's new chairperson, the first women chief Arundhati Bhattacharya
Certified corporates should get banking licence
October 8, 2013
ICICI leads in falling banking stocks
October 7, 2013
Official List of new banks to be released by January, RBI
RBI report states SBI slacks all hands on deck
Banks set for lukewarm profit season
October 4, 2013
World Bank cynical regarding bailout plans of Indian power sector
October 3, 2013
RBI study shows prudential norms important are for saving banks from credit crisis
Indian rupee gets strengthened by 23 paise
IDBI positive about regaining Kingfisher dues
Banks to increase employee hiring by 30%
Banks funding Delhi airport metro line under scanner
September 30, 2013
RBI eyes corporate funds and technology as aid to financial inclusion
Financial sector under the eye of CCI for dishonest competitive practices
Banks to pay for fraud on transactions made by card
Axis Mutual Fund would like to make benefit this monetary year
September 27, 2013
Present banking structure should be rethought to enhance growth of the country
September 26, 2013
Rates for lending may go up as per Axis Bank
SBI will not give loans to road projects with land acquisition problems
Pratip Chaudhauri SBI chairmam, leaves balance sheets clean for the next chairman
September 25, 2013
Seven top banks warned by TRAI for unauthorized marketing SMS's and calls
Indian Banks are still not prepared to handle risks
Drop in shares of State Bank of India and other banks after rating company downsize
Banking sector under pressure due to growing concerns of low loan growth and bond yields
September 24, 2013
With CPs pricey, a surge for bank credits; expanding credit interest could push up base rates
Bank stock dissolves as market is anticipating more hikes
September 23, 2013
Road side assistant cover launched by ICICI Lombard General Insurance
Pramod Gubbi still not prone the banking sector
Foreign Currency Loan of $255 mn is tied up by Yes Bank
FIPB green signal to the rise of foreign shareholding limit of Axis Bank
September 20, 2013
Reform Process to Pump 14K Crore Boost Towards Public Sector Banks
September 19, 2013
Air India and SBI Card jointly launches travel card
Bank stocks surge in September; still analysts are cautious
September 18, 2013
Burglar confesses to ATM theft after getting arrested
September 17, 2013
The advance tax payment of State bank is down to 40 percent
Branches of Indian banks to open in rural areas
Borrower's bear the brunt due to inefficiency of Indian Banks
Banks still awaiting the details of the safe saving scheme
September 16, 2013
Scrutiny stepped up by Singapore on some branches of Indian Banks
CII-KPMG report states that banks should try new aged technology techniques
Branches of Authorized banks to stay open for advance tax payments on the weekend
September 13, 2013
Biometrics need to be scanned in ATM's and credit card swipe machines
September 12, 2013
The opening of a new regional office and branched of Untied Bank of India
The market cap of ICICI overtakes State Bank of India
RBI permit banks to seek help from oversees
Public banks can now get equity support from the government
September 11, 2013
Canara Bank SMS alerts to cost Rs 60 a year
September 10, 2013
The Union Bank Increases Base Rate To 10.25% And Ups Non Resident Indian Deposits
September 9, 2013
Value Industries Limited Withdraws Its Application For New Bank License – RBI
Bank Shares Show The Way In The Stock Market
September 6, 2013
New Bank Licenses For Banks Around January 2014 – RBI Governor
A Grand Welcome For The New RBI Governor By Foreign Exchange And Stock Market
September 5, 2013
Low-Cost Swap Line For Attracting Non Resident Indian Deposits – RBI
INR Ends The Day At 67.09 – May Be By The Involvement Of The RBI
Expert Advise By Former Public Sector Bank Officials For Aditya Birla Group And Others
September 4, 2013
Private Banking Sector Leads In Opening New Branches In India
Pressure On Indian Banks In Making Profits – Indian Credit Rating Agency
September 3, 2013
Investors Should Go For Safe Banking Investments – Mr. Ajay Bodke
Government Of India Selects Seven Banks For Coal India Disinvestment Plan
September 2, 2013
The Life Insurance Corporation Additional Equity Stake In The State Bank Of India
Highest Number Of Complaints Against Public Sector Banks – Reserve Bank Of India
Effective Investment Advisory Services From The ICICI Securities
August 30, 2013
The United Bank Of India Introduces New Tea Credit Card To Help Tea Growers
HDFC Bank To Open More Than 300 Branches Across The Nation
August 29, 2013
Ten Specialized Branches Very Soon – Kotak Mahindra Bank
Risk Management And Desire To Scale Up Business Are The Key Factors – ICRA
No Immediate Plan To Hike Base Rate – VR Iyer, CMD Of Bank Of India
August 27, 2013
Reserve Bank Of India’s Tightening Steps And Negative Impact On Banking Sector
Increased Rate Of Interest For Non Resident Indians Deposits
Chance Of Recovery Is Remote – Mr. Sukthankar, Executive Director, HDFC Bank
August 26, 2013
The Reserve Bank Of India Penalises More Banks For Know Your Customer Violation
The Private Sector Laxmi Vilas Bank Joins Other Banks And Increases Lending Rate By .5 Percent
The Banking Sector Looks To Buzz The City Institutions
August 23, 2013
State Bank Of India Capitals Plan To Tap Mid-Corporate Clients For Boosting PE Advisory Trade
The ICICI Bank Increases The Interest Rate By .75 Percent For The Deposits
Reserve Bank Of India Saves Indian Banks From Touching 30,000 Crore INR Mark
August 22, 2013
INR per dollar presently rated much more than its reasonable value
Automobile, home and personal loans would become costly due to the deteriorating rupee
August 21, 2013
Axis Bank increases the minimum lending rate
Punjab National Bank increases the interest rates on NRI deposits
Government may postpone the Rs 14K-crore capital blend plan for PSU banks
Rate cuts may be postponed with RBI focus on INR
August 14, 2013
Deserving Candidate for The Post Of The Director Of The Yes Bank
State Bank of India First Quarter Profit Report
Sudden Increase in Housing And Automobile Loans
Ratnakar Bank On AnAcquisition Spree With Royal Bank Of Scotland (RBS)
April 25, 2013
Axis Bank net profit rises by 22% in Q4 on stable loan growth
April 22, 2013
Government set to launch the 2nd phase of direct benefit transfer scheme
March 1, 2013
KYC norms sufficient to buy insurance policies: FinMin
February 28, 2013
Andhra Bank reduces its base rate by 25 bps
February 15, 2013
State Bank of India opens 5 e-corners in Kolkata
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
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
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%
February 5, 2013
Citibank cuts base rate to 9.5%
FinMin to meet PSB Chiefs to review their financial inclusion & DBT programs
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
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%
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
December 14, 2012
FinMin favors net banking, transactions via debit, credit cards
RBI may keep interest rates unchanged in mid- quarter monetary policy
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
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
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
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
December 7, 2012
Corporation Bank opens loan center for SMEs in Jaipur
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
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
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
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
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
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
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
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
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
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
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
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?
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
October 18, 2012
Bank deposits, credit picks up by 14-16%
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
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
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
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
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
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
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
September 17, 2012
RBI urges banks to upgrade their systems and processes to improve their asset quality
September 12, 2012
HDFC Bank reaches milestone by launching 10,000th ATM
August 24, 2012
SBI Chairman suggests phasing out Cash Reserve Ratio
August 17, 2012
IndusInd Bank launches prepaid forex card
July 25, 2012
Recurring Deposits or Systematic Investment Plans : Which seems better?
July 24, 2012
Iranian Banks prohibited from doing business in India
July 13, 2012
Arcil to come to the rescue of NPAs struck banking sector
Interest servicing during moratorium period: Does it help?
July 12, 2012
Uncertainities in gold and stock markets see a spurt in bank deposits
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'
July 5, 2012
FinMin wants to caps bulk deposits at 10% of total deposits; 5% ceiling for CDs
July 4, 2012
Mr. Nagendra Murthy joins Tamilnad Mercantile Bank as MD & CEO
July 3, 2012
Public Sector Banks to 'think globally act locally' to prevent frauds
Kerala bankers to meet over annual review of performance
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
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
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
June 20, 2012
RBI proposes a risk based analysis of bank’s health
Finance Ministry proposes a better fake currency management; no more FIRs
June 19, 2012
RBI Credit Policy: No cut in Repo rate, CRR
General Managers of seven banks promoted to executive directors
June 15, 2012
Allahabad Bank aims for 21% business growth
Pay government tax, school and college fees using prepaid payment instruments
June 8, 2012
WB banks lend Rs. 2812 crore to MSME in last fiscal
June 1, 2012
Rural Banking vital: Tingalaya; emphasizes role of grameena banks
January 16, 2012
Banks exploring social networking space
July 13, 2011
ATM outsourcing seems lucrative to banks
May 18, 2011
UID to be valid proof for bank a/cs in coming months
March 23, 2011
Banks get a new platform through AMCAT
March 21, 2011
Karnataka Bank and Bartronics India ink FI deal
March 18, 2011
Gold loan expected to see boost in organized segment
Financial services wing launched by Siemens
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
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
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
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
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
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
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
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