- Aug16By PTI
State-owned Canara Bank today said it aims cash recovery of Rs 6,500 crore this fiscal which may result in lowering of non-performing assets (NPA).
"The bank did cash recovery of
- Aug14By PTI
The Finance Ministry is likely to finalise by next month the roadmap for Rs 2. 40 lakh crore capital raising plan of public sector banks to meet global capital adequacy
- Aug11By PTI
State-owned Bank of India (BoI) has raised Rs 2 500 crore from Tier I bonds to fund its business expansion plans.
Funds have been raised through Basel III compliant Tier-1
- Aug06By Ashwin Punnen and Falaknaaz Syed
A day after announcing the third bi-monthly credit policy RBI governor Raghuram Rajan on Wednesday interacted with the media. Excerpts from the Q&A session:
How do you read the
A day after he lowered SLR, the mandatory government bond holding requirements for banks, Reserve Bank Governor Raghuram Rajan today said RBI is all for reducing "pre-emptions" over a longer
HDFC the country’s largest mortgage lender has slashed home loans rates to 10. 15 per cent for new borrowers irrespective of the loan amount from August 1
India needs to look again at the governance of state-run banks, RBI chief Raghuram Rajan said on Tuesday, commenting days after the head of Syndicate Bank Ltd was arrested over
- Aug03By PTI
The Reserve Bank will continue to buy dollars to shore up the foreign exchange reserves to further buttress the nation's import cover, says a report.
The forex reserves touched $320
As a debate continues on alleged black money stashed by Indians in Swiss banks, India now accounts for nearly 42% of total gold and silver leaving Switzerland shores -- largest
British lender Royal Bank of Scotland (RBS) has posted a 58% jump in pre-tax profit from its India franchise at Rs 662.11 crore in FY14, helped by wholesale banking