A steep rise in non-performing assets (NPAs) of the banks is forcing them to cherry pick while lending to industry.
Besides the problem of burgeoning bad debts banks

Punjab National Bank (PNB) has increased fixed deposit rate by 25 basis points on select maturities the bank said today.
The bank has realigned the rate of interest on

The government may cut the size of rights issue sought by country's largest lender SBI for raising Rs 20,000 crore to fund its business growth as there are huge demands

The State Bank of India (SBI) on Friday launched its "Green Banking Policy" in the Bengal circle. Aiming at paperless banking the SBI has selected four of its

Country's largest lender, State Bank of India (SBI), today said it does not plan any hike in its lending or deposit rates in the near-term as the liquidity situation was

Standard Chartered Bank today announced the launch of its 'preferred banking' proposition for the fast-growing emerging affluent segment, characterised by young, upwardly mobile, techno-literate professionals between 25-40 years of age.

Banking giant HSBC today said it has entered into "exclusive discussions" with Old Mutual Plc for potential acquisition of an around 70 per cent stake in the insurer's South African

Enthused by impressive first quarter numbers, State Bank of India is hopeful of earning a net profit of over Rs 10,000 crore this fiscal, which will be a landmark in