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Manju AB

  • Government plans to rate PSU banks for fund infusion

    Criteria under discussion include number of Jan Dhan accounts opened, financial inclusion programmes implemented, retail advances of each bank

    Tuesday, 21 April 2015 - 6:50am
  • Banks seek Trai nod for spectrum mortgage

    Lenders say in case there is a default, they should be allowed to sell spectrum to some other player with the consent of Trai; the telecom regulator is not comfortable with this

    Wednesday, 15 April 2015 - 5:25am
  • SBI may revise base rate further; to unleash a rate war

    SBI's strategy has always been to offer the lowest rates in the market, which is then followed by competition.

    Monday, 13 April 2015 - 6:43am
  • RuPay insurance cover expanded to snake bites, drowning

    Death or permanent total disability caused due to snake bite, drowning and electric shocks will be covered under the new insurance scheme offered to 14 crore RuPay debit card holders. These are the news category of mishaps being covered by the personal accidental insurance cover on the desi debit...

    Friday, 10 April 2015 - 6:45am
  • RBI gives banks more time to recast loans

    Allows banks to continue restructuring of loans if references were made either to the corporate debt restructuring cell or to the Joint Lenders Forum by March 31, 2015

    Tuesday, 7 April 2015 - 7:15am
  • RBI may tone down stance in year's first policy review

    The Reserve Bank of India (RBI) may usher in a more softer stance when it unveils its first monetary policy review of the financial year on Tuesday While some economists say that the central bank may cut the repo rate by another 25 basis points as inflation is receding and the threat from oil...

    Saturday, 4 April 2015 - 5:25am
  • Expect attractive offers on retail loans

    Retail loans will continue to boost the performance of both the public sector and private banks in the fourth quarter of the financial year 2014-15.

    Tuesday, 31 March 2015 - 6:15am
  • Banks set to cut base rates next month

    Poor credit growth, competitive debt market rates, excess liquidity is forcing banks to reduce rates; seventh monetary policy on April 7 to set tone for the quantum of reductions

    Tuesday, 31 March 2015 - 5:40am
  • 'Nabard on lookout for long-term development funds'

    Harsh Kumar Bhanwala, chairman of Nabard, scotched all rumours of a possible reverse merger of Nabard with the Reserve Bank of India (RBI), saying there has been no talks on this. With the balance sheet of the institution having grown nearly 60% in the 33 years of its existence, he says the...

    Friday, 27 March 2015 - 5:55am
  • RBI plans to review joint lenders' forum

    Move comes after small banks petition the central bank and the finance ministry of getting a raw deal from big banks while deciding on corrective action on stressed loan accounts

    Thursday, 26 March 2015 - 7:40am