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Banking & Finance   Banks 
 
PSUs to lose out on interest 21-NOV-09
Public sector companies may continue to lose interest income on their idle deposits as the government has decided against allowing banks to bid for their bulk deposits.
 
Bank lending grows 9.6 % 19-NOV-09
Bank lending rose by Rs 23,147 crore during the 14-day period ended November 6, unlike a contraction seen in the previous fortnight.
 
Idle capital a new problem for many Indian banks 13-NOV-09
Low cost of funds and low credit growth have meant unprecedented levels of capital adequacy ratios (CARs) for banks.
 
Low-cost deposits are back 06-NOV-09
Banks see funds flowing into current, savings accounts.
 
Rates may stay stable for 3-4 months: Banks 28-OCT-09
Retail and corporate loan rates may stay the same as bankers today ruled out any increase in lending rates in the next three to four months, thanks to the RBI keeping almost all key rates unchanged.
 
Treasury, fee-based income save the day for govt banks 27-OCT-09
Net interest income growth still remains subdued.
 
No change in key rates expected, CRR may be hiked: Banks 27-OCT-09
The Reserve Bank of India (RBI) may leave the policy rates untouched when it reviews the monetary policy on Tuesday, HSBC India CEO Naina Lal Kidwai said on Monday.
 
Banks fare poorly in micro-finance: Kidwai 27-OCT-09
Commercial banks have not done enough in extending small credit to needy borrowers in the country, Naina Lal Kidwai, chief executive officer, HSBC India said on Monday.
 
RBI raps banks for charging more from retail clients 23-OCT-09
‘Opaque lending structure needs to be changed’.
 
Govt-owned banks increase market share 22-OCT-09
Foreign banks record 7.6% drop in credit flow, private players see 3.7% growth.
 
Net transactions show 10% monthly growth 20-OCT-09
Banks are witnessing a sharp rise in online transactions as an increasing number of customers log on to the internet to pay their utility bills.
 
Indian banks hit the rule wall in Singapore, Hong Kong 20-OCT-09
Put plans on hold after HK caps expansion, Singapore orders stricter asset norms.
 
Global banks in UK to follow G-20 pay code 16-OCT-09
The UK subsidiaries and branches of leading overseas banks have agreed to support the reforms related to bankers’ pay that were agreed by the G-20 in Pittsburgh last month, the Financial Services Secretary, Lord Myners, has said.
 
Govt to up stakes in 3 banks 13-OCT-09
May subscribe to preferential equity.
 
Banks tweak ATM strategies 11-OCT-09
Unrestricted usage of third-party ATMs ends on Thursday.
 
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