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You are here » Home » My Money » Banking
  • Feb
    07
    IDBI expects lending rate to fall by 100 bps

    IDBI Bank, the seventh largest public sector bank, is expecting interest rates to come down by 50 to 100 basis points in next 12 months. But, it does not

  • Immature retail market forces bond issue in phases

    If non-banking finance companies (NBFC) are coming out with the repeated tranches of retail bond and debenture issues in a matter of few weeks, it is the still-evolving retail debt

  • SBI looking at higher profits in FY12, plans expansion abroad
    By PTI

    Country's largest state-owned lender SBI today said its profit this fiscal will surpass that of last year, and announced plans to expand operations overseas through subsidiaries including one in Australia.

  • Feb
    06
    Dhanlaxmi MD and CEO Amitabh Chaturvedi quits
    By PTI

    In a surprise move, Dhanlaxmi Bank Managing Director and Chief Executive Amitabh Chaturvedi, who has been credited for turning around the bank since he took over in 2008, has put

  • Feb
    05
    SBI waives service fee on SME loans
    By PTI

    Country's largest lender State Bank of India has decided to waive guarantees and annual service fees on loans given to small and medium businesses, guaranteed under the Credit Guarantee Fund

  • RBI calls for dedicated SME verticals at banks
    By PTI

    The Reserve Bank has asked banks to set up dedicated verticals to help small and medium businesses to deal with financial matters.

    "An SME-promoter knows the product, but he doesn't

  • Growth in lending to priority sector slows to 5% in Dec
    By PTI

    Bank lending to the priority sector grew by just 5 per cent on an annualised basis in December, 2011, because of lower offtake in the agriculture and MSME segments, besides

  • Feb
    03
    ICICI Bank signs $300m loan with Japan banks
    By Reuters

    Japan Bank for International Cooperation and Sumitomo Mitsui Banking Corp completed a $300 million loan deal for ICICI Bank, JBIC said in a statement on Friday.

    JBIC is providing $180

  • Feb
    01
    Vodafone to introduce loan repayment, money transfer services soon

    As a part of its plan to move beyond voice services Vodafone is focusing on data and m-commerce. Services including loan repayments and money transfer through the mobile

  • L&T Finance subsidiary to launch infra-focused PMS

    L&T Investment Management, a subsidiary of L&T Finance Holdings, plans to launch a portfolio management scheme (PMS), which will invest in shares of infrastructure-focused companies, the biggest losers in 2011.

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