Four industries have come under stress in repaying their bank loans.
Study loans drive growth for banks in tough times
The total income rose to Rs 4,447.97 crore for the quarter under review.
The company set up by the government to fund core sector projects has sanctioned loans for only three projects so far in the current financial year.
Canara HSBC Oriental Bank of Commerce Life Insurance Company has said it has written over Rs 12 crore of annualised premiums in July 2008, its first
Public sector Canara Bank has increased its benchmark PLR by 75 basis points -- from 13.25 per cent to 14.00 per cent -- with effect from today,
Public sector lender Canara Bank today said that it has started a new joint venture insurance company, Canara HSBC Oriental Bank of Commerce Life
An inter-city cheque dropped at a bank can now be cleared in 48 hours from the earlier 15-20 days, thanks to a much faster electronic mode of payment
BANK loans are set to get costlier for individuals and companies. The Reserve Bank of India (RBI) on Wednesday signalled upward movement in interest rates to rein in the runaway inflation.
Private sector banks are not only preferred for their better services but also for their attractive stock valuations.
