The growing concerns about money laundering and financing of terrorism is also a reason the central bank favours a bank-led model, RBI governor D Subbarao said.
Section: Money | Saturday, June 19, 2010 2:05 IST
Currently, about 70% of banks’ loans are sub-PLR. Bankers say once the new system comes into effect, the difference between banks’ lending rates will be 25-50 basis points.
Section: Money | Thursday, February 11, 2010 0:01 IST
The bank also witnessed a rise in gross non-performing assets (NPAs) to Rs 928 crore from Rs 706 crore a year ago.
Section: Money | Friday, January 22, 2010 2:02 IST
YES Bank’s net profit rose 19% year on year to Rs 126 crore in the October-December quarter due to strong growth in net interest income, which was, in turn led by a 71% loan growth.
Section: Money | Thursday, January 21, 2010 2:18 IST
Amount borrowed by banks via this repo would be subject to cash reserve ratio, statutory liquidity ratio.
Section: Money | Wednesday, January 13, 2010 2:43 IST
Bank of Baroda has received New Zealand regulatory approval for setting up a branch in that country.
Section: Money | Thursday, November 26, 2009 2:00 IST
Come December, clearing corporations will begin to clear and settle all corporate bond trades. This is seen as the first step towards repo-ability of corporate bonds.
Section: Money | Wednesday, November 25, 2009 3:00 IST
