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

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.

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

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

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

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

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

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